Looking to diversify beyond KLMT? The ETFs below have the lowest correlation with KLMT — 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 KLMT.
Best Diversifiers for KLMT
340 ETFs have low correlation with KLMT (below 0.3), 72 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.34 | -0.12 | -0.12 | 66 | Oil & Gas | KLMT vs USO | |
| Invesco DB Energy Fund | -0.34 | — | — | 71 | Oil & Gas | KLMT vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | — | — | 56 | Derivative Income | KLMT vs USOY | |
| United States Brent Oil Fund LP | -0.33 | — | — | 65 | Oil & Gas | KLMT vs BNO | |
| ProShares UltraShort Yen | -0.29 | -0.07 | -0.07 | 61 | Leveraged Currency | KLMT vs YCS |
See all 2104 diversifiers for KLMT
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