Looking to balance out your exposure to KMI? The ETFs below have historically moved differently from KMI, 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 KMI
41 ETFs have low correlation with KMI (below 0.3), 25 of which are negatively correlated. The least correlated is State Street Technology Select Sector SPDR ETF (XLK) (Technology Equities) with a 1Y correlation of -0.15, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | -0.15 | 0.06 | 0.20 | 62 | Technology Equities | KMI vs XLK | |
| Invesco QQQ ETF | -0.15 | 0.08 | 0.21 | 58 | Nasdaq-100 | KMI vs QQQ | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.13 | 0.07 | — | 66 | Nasdaq-100, Derivative Income | KMI vs JEPQ | |
| NEOS Nasdaq-100 High Income ETF | -0.13 | 0.08 | 0.08 | 52 | Nasdaq-100, Derivative Income | KMI vs QQQI | |
| iShares Flexible Income Active ETF | -0.13 | 0.13 | — | 68 | Multisector Bonds | KMI vs BINC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KMI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of -0.18, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | -0.18 | -0.00 | 0.11 | 72 | Consumer Cyclical | |
| Broadcom Inc. | -0.18 | 0.01 | 0.14 | 68 | Technology | |
| United Airlines Holdings, Inc. | -0.15 | 0.13 | 0.21 | 76 | Industrials | |
| ASML Holding N.V. | -0.14 | 0.04 | 0.16 | 96 | Technology | |
| Grupo Financiero Galicia S.A. | -0.14 | 0.06 | 0.19 | 50 | Financial Services |
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