Looking to balance out your exposure to KHOLY? The ETFs below have the lowest correlation with KHOLY — they tend to move on their own, which can help reduce risk when KHOLY drops. The stock ideas table highlights individual companies that behave independently from KHOLY.
Best Diversifiers for KHOLY
2 ETFs have low correlation with KHOLY (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.08, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.08 | 0.04 | 0.11 | 74 | S&P 500 | KHOLY vs VOO | |
| Vanguard S&P 500 Growth ETF | -0.06 | 0.04 | 0.10 | 60 | S&P 500, Large Cap Growth Equities | KHOLY vs VOOG |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KHOLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KHOLY and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.05 | 0.02 | 0.07 | 90 | Technology |
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