Looking to balance out your exposure to KGS? The ETFs below have the lowest correlation with KGS — they tend to move on their own, which can help reduce risk when KGS drops. The stock ideas table highlights individual companies that behave independently from KGS.
Best Diversifiers for KGS
9 ETFs have low correlation with KGS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of 0.10, down from 0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | 0.10 | 0.29 | — | 54 | Commodities | KGS vs GSG | |
| iShares MSCI Taiwan ETF | 0.20 | 0.19 | — | 92 | Taiwan Equities, Asia Pacific Equities | KGS vs EWT | |
| Global X NASDAQ 100 Covered Call ETF | 0.21 | 0.23 | — | 85 | Nasdaq-100, Derivative Income | KGS vs QYLD | |
| YieldMax AMD Option Income Strategy ETF | 0.21 | — | — | 89 | Derivative Income, Options Trading | KGS vs AMDY | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.22 | 0.22 | — | 60 | Nasdaq-100, Derivative Income | KGS vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KGS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KGS and solid risk/return profiles. The least correlated is Dynex Capital, Inc. (DX) (Real Estate) with a 1Y correlation of 0.03, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dynex Capital, Inc. | 0.03 | 0.16 | 0.16 | 78 | Real Estate | |
| AGNC Investment Corp. | 0.10 | 0.19 | 0.18 | 87 | Real Estate | |
| Xenon Pharmaceuticals Inc. | 0.14 | 0.14 | 0.14 | 95 | Healthcare | |
| Realty Income Corporation | 0.14 | 0.08 | 0.07 | 78 | Real Estate | |
| Bloom Energy Corporation | 0.14 | 0.21 | 0.20 | 98 | Industrials |
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Build a portfolio that complements KGS
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