Looking to balance out your exposure to KFY? The ETFs below have historically moved differently from KFY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KFY
3 ETFs have low correlation with KFY (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI USA Quality GARP ETF (GARP) (Quality Factor) with a 1Y correlation of 0.11, down from 0.46 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI USA Quality GARP ETF | 0.11 | 0.33 | 0.46 | 64 | Quality Factor, Large Cap Growth Equities | KFY vs GARP | |
| Vanguard S&P 500 ETF | 0.18 | 0.42 | 0.53 | 68 | S&P 500 | KFY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.18 | 0.42 | 0.54 | 67 | S&P 500 | KFY vs SPY | |
| SPDR S&P Dividend ETF | 0.41 | 0.54 | 0.60 | 62 | Mid Cap Value Equities, Dividend | KFY vs SDY | |
| Schwab U.S. Dividend Equity ETF | 0.42 | 0.55 | 0.61 | 95 | Dividend | KFY vs SCHD |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KFY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.15, roughly unchanged from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.15 | 0.14 | 0.17 | 66 | Communication Services | |
| United Parcel Service, Inc. | 0.29 | 0.35 | 0.41 | 73 | Industrials | |
| East West Bancorp, Inc. | 0.31 | 0.45 | 0.54 | 80 | Financial Services | |
| Bank OZK | 0.38 | 0.48 | 0.55 | 53 | Financial Services | |
| T. Rowe Price Group, Inc. | 0.41 | 0.52 | 0.54 | 63 | Financial Services |
Build a portfolio that complements KFY
Add KFY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KFY