Looking to diversify beyond KMAR? The ETFs below have the lowest correlation with KMAR — 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 KMAR.
Best Diversifiers for KMAR
347 ETFs have low correlation with KMAR (below 0.3), 64 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.28, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.28 | -0.13 | -0.13 | 66 | Oil & Gas | KMAR vs USO | |
| Invesco DB Energy Fund | -0.28 | — | — | 71 | Oil & Gas | KMAR vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.11 | -0.11 | 65 | Oil & Gas | KMAR vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.10 | -0.10 | 56 | Derivative Income | KMAR vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.07 | -0.07 | 55 | Oil & Gas | KMAR vs OILK |
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