Looking to balance out your exposure to KEQU? The ETFs below have the lowest correlation with KEQU — they tend to move on their own, which can help reduce risk when KEQU drops. The stock ideas table highlights individual companies that behave independently from KEQU.
Best Diversifiers for KEQU
1 ETFs have low correlation with KEQU (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.23, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.23 | 0.21 | 0.16 | 63 | S&P 500 | KEQU vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KEQU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KEQU and solid risk/return profiles. The least correlated is Tarsus Pharmaceuticals, Inc. (TARS) (Healthcare) with a 1Y correlation of -0.02, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tarsus Pharmaceuticals, Inc. | -0.02 | 0.05 | 0.04 | 78 | Healthcare | |
| Walmart Inc. | -0.01 | 0.00 | 0.03 | 68 | Consumer Defensive | |
| Seneca Foods Corporation | -0.01 | 0.01 | 0.03 | 87 | Consumer Defensive | |
| Credo Technology Group Holding Ltd | 0.04 | 0.13 | 0.13 | 87 | Technology | |
| AppLovin Corporation | 0.04 | 0.10 | 0.10 | 58 | Communication Services |
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