Looking to diversify beyond KMAY? The ETFs below have historically moved differently from KMAY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KMAY
306 ETFs have low correlation with KMAY (below 0.3), 76 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 63 | Derivative Income | KMAY vs WNTR | |
| Invesco DB Energy Fund | -0.33 | — | — | 53 | Oil & Gas | KMAY vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.21 | -0.21 | 50 | Commodities | KMAY vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.23 | — | — | 56 | Commodities | KMAY vs DBC | |
| United States Gasoline Fund, LP | -0.23 | — | — | 74 | Oil & Gas | KMAY vs UGA |
See all 2171 diversifiers for KMAY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements KMAY
Add KMAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KMAY