Looking to balance out your exposure to KFY? The ETFs below have the lowest correlation with KFY — they tend to move on their own, which can help reduce risk when KFY drops. The stock ideas table highlights individual companies that behave independently from KFY.
Best Diversifiers for KFY
2 ETFs have low correlation with KFY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.30, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.30 | 0.45 | 0.56 | 59 | S&P 500 | KFY vs VOO | |
| State Street SPDR S&P 500 ETF | 0.30 | 0.45 | 0.56 | 59 | S&P 500 | KFY vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KFY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KFY and solid risk/return profiles. The least correlated is United Parcel Service, Inc. (UPS) (Industrials) with a 1Y correlation of 0.35, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| United Parcel Service, Inc. | 0.35 | 0.36 | 0.42 | 54 | Industrials |
Build a portfolio that complements KFY
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