Looking to diversify beyond KGRN? The ETFs below have the lowest correlation with KGRN — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from KGRN.
Best Diversifiers for KGRN
753 ETFs have low correlation with KGRN (below 0.3), 60 of which are negatively correlated. The least correlated is US Treasury 6 Month Bill ETF (XBIL) (Ultrashort Bond) with a 1Y correlation of -0.12, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| US Treasury 6 Month Bill ETF | -0.12 | -0.07 | — | 100 | Ultrashort Bond | KGRN vs XBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.04 | -0.01 | 100 | Ultrashort Bond | KGRN vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.06 | -0.00 | 100 | Government Bonds, Ultrashort Bond | KGRN vs BIL | |
| iShares Diversified Commodity Swap UCITS ETF | -0.10 | 0.01 | — | 78 | Commodities | KGRN vs ISCMF | |
| iShares 0-1 Year Treasury Bond ETF | -0.09 | -0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | KGRN vs SHV |
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