Looking to balance out your exposure to KEYS? The ETFs below have the lowest correlation with KEYS — they tend to move on their own, which can help reduce risk when KEYS drops. The stock ideas table highlights individual companies that behave independently from KEYS.
Best Diversifiers for KEYS
1 ETFs have low correlation with KEYS (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.07 | -0.02 | -0.00 | 100 | Government Bonds, Ultrashort Bond | KEYS vs BIL | |
| Vanguard FTSE Emerging Markets ETF | 0.52 | 0.50 | 0.52 | 56 | Emerging Markets Equities | KEYS vs VWO | |
| Vanguard S&P 500 Growth ETF | 0.54 | 0.61 | 0.69 | 58 | S&P 500, Large Cap Growth Equities | KEYS vs VOOG | |
| Invesco QQQ ETF | 0.58 | 0.64 | 0.71 | 73 | Nasdaq-100 | KEYS vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.59 | 0.66 | 0.72 | 70 | S&P 500 | KEYS vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KEYS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KEYS and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.04, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.04 | -0.00 | 0.06 | 59 | Communication Services | |
| Exxon Mobil Corporation | -0.02 | 0.10 | 0.15 | 85 | Energy | |
| Palo Alto Networks, Inc. | 0.11 | 0.30 | 0.41 | 67 | Technology | |
| International Business Machines Corporation | 0.12 | 0.31 | 0.33 | 53 | Technology | |
| CVS Health Corporation | 0.16 | 0.14 | 0.20 | 80 | Healthcare |
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