Looking to balance out your exposure to KGEI? The ETFs below have the lowest correlation with KGEI — they tend to move on their own, which can help reduce risk when KGEI drops. The stock ideas table highlights individual companies that behave independently from KGEI.
Best Diversifiers for KGEI
1 ETFs have low correlation with KGEI (below 0.3), 1 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 -0.05, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.05 | 0.08 | 0.11 | 70 | S&P 500 | KGEI vs SPY |
Diversification Analysis
Build a portfolio that complements KGEI
Add KGEI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KGEI