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Leverage Shares 2X Long KLAC Daily ETF (KLAG) Diversifiers

ETF · Currency in USD · Last updated Jun 23, 2026

The Leverage Shares 2X Long KLAC Daily ETF is a daily leveraged single-stock ETF designed to provide two times the daily performance of KLA Corporation (KLAC), before fees and expenses. The fund uses swaps and cash instruments to offer magnified short-term exposure to KLAC for active traders.

Looking to diversify beyond KLAG? The ETFs below have the lowest correlation with KLAG — 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 KLAG.

Best Diversifiers for KLAG

0 ETFs have low correlation with KLAG (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily Semiconductor Bull 3X ETF (SOXL) (Leveraged Equities) with a 1Y correlation of 0.79, roughly unchanged from 0.79 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SOXL
Direxion Daily Semiconductor Bull 3X ETF0.790.790.79
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Leveraged Equities, SemiconductorsKLAG vs SOXL

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