Looking to balance out your exposure to KKR? The ETFs below have the lowest correlation with KKR — they tend to move on their own, which can help reduce risk when KKR drops. The stock ideas table highlights individual companies that behave independently from KKR.
Best Diversifiers for KKR
99 ETFs have low correlation with KKR (below 0.3), 6 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | KKR vs USFR | |
| Invesco DB Commodity Index Tracking Fund | -0.05 | 0.04 | 0.14 | 60 | Commodities | KKR vs DBC | |
| iShares Treasury Floating Rate Bond ETF | -0.04 | -0.05 | -0.07 | 100 | Government Bonds, Ultrashort Bond | KKR vs TFLO | |
| Alpha Architect 1-3 Month Box ETF | -0.04 | 0.00 | — | 100 | Ultrashort Bond | KKR vs BOXX | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.03 | 0.04 | 0.14 | 61 | Commodities | KKR vs PDBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KKR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KKR and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.18 | -0.03 | 0.08 | 77 | Consumer Defensive | |
| The Coca-Cola Company | -0.15 | -0.02 | 0.10 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | -0.03 | 0.06 | 63 | Utilities | |
| Monster Beverage Corporation | -0.13 | 0.04 | 0.19 | 94 | Consumer Defensive | |
| Johnson & Johnson | -0.12 | -0.05 | 0.05 | 97 | Healthcare |
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