Looking to balance out your exposure to KHC? The ETFs below have the lowest correlation with KHC — they tend to move on their own, which can help reduce risk when KHC drops. The stock ideas table highlights individual companies that behave independently from KHC.
Best Diversifiers for KHC
36 ETFs have low correlation with KHC (below 0.3), 7 of which are negatively correlated. The least correlated is YieldMax NVDA Option Income Strategy ETF (NVDY) (Derivative Income) with a 1Y correlation of -0.21, roughly unchanged from -0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax NVDA Option Income Strategy ETF | -0.21 | -0.18 | — | 52 | Derivative Income, Options Trading | KHC vs NVDY | |
| Vanguard Information Technology ETF | -0.13 | -0.09 | -0.02 | 76 | Technology Equities | KHC vs VGT | |
| Invesco NASDAQ 100 ETF | -0.06 | -0.03 | 0.02 | 74 | Nasdaq-100 | KHC vs QQQM | |
| Invesco QQQ ETF | -0.06 | -0.04 | 0.02 | 73 | Nasdaq-100 | KHC vs QQQ | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.06 | -0.04 | — | 74 | Nasdaq-100, Derivative Income | KHC vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KHC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KHC and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.20, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.20 | -0.20 | -0.12 | 78 | Technology | |
| Micron Technology, Inc. | -0.18 | -0.11 | -0.05 | 99 | Technology | |
| Vertiv Holdings Co. | -0.18 | -0.16 | -0.09 | 94 | Industrials | |
| Broadcom Inc. | -0.16 | -0.13 | -0.05 | 84 | Technology | |
| Marvell Technology Group Ltd. | -0.14 | -0.13 | -0.07 | 98 | Technology |
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