Looking to balance out your exposure to KIM? The ETFs below have the lowest correlation with KIM — they tend to move on their own, which can help reduce risk when KIM drops. The stock ideas table highlights individual companies that behave independently from KIM.
Best Diversifiers for KIM
4 ETFs have low correlation with KIM (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 ETF (IVV) (S&P 500) with a 1Y correlation of 0.24, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF | 0.24 | 0.37 | 0.50 | 70 | S&P 500 | KIM vs IVV | |
| Vanguard S&P 500 ETF | 0.24 | 0.37 | 0.50 | 70 | S&P 500 | KIM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.25 | 0.37 | 0.50 | 70 | S&P 500 | KIM vs SPY | |
| Vanguard Total Stock Market ETF | 0.27 | 0.40 | 0.52 | 68 | Large Cap Blend Equities | KIM vs VTI | |
| iShares Russell 2000 ETF | 0.40 | 0.51 | 0.60 | 62 | Small Cap Blend Equities | KIM vs IWM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KIM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KIM and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.06, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.06 | -0.01 | 0.19 | 78 | Technology | |
| Dell Technologies Inc. | 0.05 | 0.07 | 0.25 | 96 | Technology | |
| Chevron Corporation | 0.05 | 0.19 | 0.27 | 83 | Energy | |
| Arista Networks, Inc. | 0.06 | 0.07 | 0.22 | 79 | Technology | |
| Intel Corporation | 0.06 | 0.16 | 0.28 | 98 | Technology |
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