Looking to balance out your exposure to KFRC? The ETFs below have the lowest correlation with KFRC — they tend to move on their own, which can help reduce risk when KFRC drops. The stock ideas table highlights individual companies that behave independently from KFRC.
Best Diversifiers for KFRC
2 ETFs have low correlation with KFRC (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-1 Year Treasury Bond ETF (SHV) (Government Bonds) with a 1Y correlation of 0.05, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | 0.05 | 0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | KFRC vs SHV | |
| Vanguard S&P 500 ETF | 0.21 | 0.30 | 0.43 | 74 | S&P 500 | KFRC vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KFRC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KFRC and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.14, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.14 | 0.03 | 0.18 | 80 | Technology | |
| Hafnia Limited | -0.03 | — | — | 81 | Industrials | |
| Embraer S.A | -0.02 | 0.10 | 0.21 | 55 | Industrials | |
| Monolithic Power Systems, Inc. | 0.03 | 0.22 | 0.31 | 93 | Technology | |
| Enterprise Products Partners L.P. | 0.09 | 0.14 | 0.23 | 88 | Energy |
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