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
80 ETFs have low correlation with KKR (below 0.3), 5 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 | |
| Alpha Architect 1-3 Month Box ETF | -0.06 | 0.00 | — | 100 | Ultrashort Bond | KKR vs BOXX | |
| iShares Treasury Floating Rate Bond ETF | -0.06 | -0.05 | -0.07 | 100 | Government Bonds, Ultrashort Bond | KKR vs TFLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | KKR vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01 | 0.01 | 0.01 | 100 | Ultrashort Bond | KKR vs VBIL |
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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 -0.15, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.15 | -0.01 | 0.09 | 74 | Consumer Defensive | |
| Monster Beverage Corporation | -0.12 | 0.05 | 0.19 | 86 | Consumer Defensive | |
| The Coca-Cola Company | -0.12 | -0.02 | 0.11 | 74 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.10 | -0.12 | 0.08 | 52 | Financial Services | |
| Duke Energy Corporation | -0.08 | -0.02 | 0.06 | 64 | Utilities |
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