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
31 ETFs have low correlation with KHC (below 0.3), 5 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.14, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.14 | -0.10 | -0.02 | 58 | Technology Equities | KHC vs VGT | |
| Invesco QQQ ETF | -0.08 | -0.05 | 0.01 | 59 | Nasdaq-100 | KHC vs QQQ | |
| Invesco NASDAQ 100 ETF | -0.07 | -0.04 | 0.02 | 60 | Nasdaq-100 | KHC vs QQQM | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.06 | -0.04 | — | 64 | Nasdaq-100, Derivative Income | KHC vs JEPQ | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | -0.05 | 0.04 | 0.10 | 65 | Alternative Energy Equities | KHC vs GRID |
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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 | 70 | Technology | |
| Vertiv Holdings Co. | -0.20 | -0.16 | -0.09 | 93 | Industrials | |
| Micron Technology, Inc. | -0.19 | -0.11 | -0.06 | 99 | Technology | |
| Broadcom Inc. | -0.18 | -0.13 | -0.05 | 71 | Technology | |
| Marvell Technology, Inc. | -0.17 | -0.14 | -0.08 | 96 | Technology |
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