Looking to diversify beyond KHPI? The ETFs below have the lowest correlation with KHPI — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from KHPI.
Best Diversifiers for KHPI
375 ETFs have low correlation with KHPI (below 0.3), 55 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.45, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | -0.40 | -0.40 | 68 | Inverse Equities, Leveraged Equities | KHPI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 60 | Inverse Equities | KHPI vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | KHPI vs WNTR | |
| ProShares Short Bitcoin ETF | -0.41 | -0.38 | -0.38 | 57 | Cryptocurrency | KHPI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | KHPI vs SBIT |
See all 2036 diversifiers for KHPI
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