Looking to balance out your exposure to KMB? The ETFs below have the lowest correlation with KMB — they tend to move on their own, which can help reduce risk when KMB drops. The stock ideas table highlights individual companies that behave independently from KMB.
Best Diversifiers for KMB
22 ETFs have low correlation with KMB (below 0.3), 5 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.20, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.20 | -0.17 | -0.08 | 82 | Leveraged Equities, Semiconductors | KMB vs USD | |
| State Street Technology Select Sector SPDR ETF | -0.16 | -0.10 | 0.02 | 66 | Technology Equities | KMB vs XLK | |
| Innovator Deepwater Frontier Tech ETF | -0.13 | -0.12 | -0.04 | 57 | Technology Equities | KMB vs LOUP | |
| Invesco QQQ ETF | -0.08 | -0.05 | 0.04 | 59 | Nasdaq-100 | KMB vs QQQ | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | 0.00 | -0.02 | 100 | Government Bonds, Ultrashort Bond | KMB vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KMB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KMB and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.17, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.17 | -0.18 | -0.09 | 70 | Technology | |
| Broadcom Inc. | -0.17 | -0.14 | -0.03 | 71 | Technology | |
| Advanced Micro Devices, Inc. | -0.13 | -0.11 | -0.07 | 96 | Technology | |
| GE Vernova Inc. | -0.12 | -0.07 | -0.07 | 89 | Industrials | |
| Marvell Technology, Inc. | -0.12 | -0.12 | -0.06 | 96 | Technology |
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