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
33 ETFs have low correlation with KHC (below 0.3), 11 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.20, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.20 | -0.13 | -0.04 | 50 | Technology Equities | KHC vs VGT | |
| Invesco NASDAQ 100 ETF | -0.14 | -0.07 | 0.00 | 54 | Nasdaq-100 | KHC vs QQQM | |
| Invesco QQQ ETF | -0.14 | -0.07 | 0.00 | 53 | Nasdaq-100 | KHC vs QQQ | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.13 | -0.07 | — | 60 | Nasdaq-100, Derivative Income | KHC vs JEPQ | |
| Vanguard S&P 500 ETF | -0.05 | 0.05 | 0.13 | 66 | S&P 500 | KHC vs VOO |
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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 Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of -0.27, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | -0.27 | -0.19 | -0.11 | 92 | Industrials | |
| Micron Technology, Inc. | -0.24 | -0.14 | -0.08 | 99 | Technology | |
| Broadcom Inc. | -0.23 | -0.16 | -0.07 | 67 | Technology | |
| NVIDIA Corporation | -0.23 | -0.21 | -0.13 | 63 | Technology | |
| Marvell Technology, Inc. | -0.22 | -0.17 | -0.09 | 91 | Technology |
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Build a portfolio that complements KHC
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