Looking to diversify beyond KIE? The ETFs below have the lowest correlation with KIE — 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 KIE.
Best Diversifiers for KIE
1647 ETFs have low correlation with KIE (below 0.3), 285 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | -0.26 | — | — | 98 | Leveraged Equities | KIE vs MULL | |
| ProShares Ultra Semiconductors | -0.25 | -0.02 | 0.22 | 60 | Leveraged Equities, Semiconductors | KIE vs USD | |
| GraniteShares 2x Long AMD Daily ETF | -0.25 | — | — | 91 | Leveraged Equities | KIE vs AMDL | |
| Leverage Shares 2X Long AMD Daily ETF | -0.25 | — | — | 91 | Leveraged Equities | KIE vs AMDG | |
| Direxion Daily AMD Bull 2X Shares | -0.24 | -0.11 | -0.11 | 92 | Leveraged Equities | KIE vs AMUU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KIE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KIE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.16, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.16 | 0.25 | 0.33 | 80 | Consumer Defensive | |
| Apple Inc | 0.18 | 0.18 | 0.30 | 93 | Technology | |
| Morgan Stanley | 0.19 | 0.38 | 0.53 | 90 | Financial Services | |
| Two Harbors Investment Corp. | 0.20 | 0.33 | 0.45 | 71 | Real Estate | |
| Johnson & Johnson | 0.21 | 0.28 | 0.28 | 96 | Healthcare |
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