Looking to balance out your exposure to KMI? The ETFs below have the lowest correlation with KMI — they tend to move on their own, which can help reduce risk when KMI drops. The stock ideas table highlights individual companies that behave independently from KMI.
Best Diversifiers for KMI
31 ETFs have low correlation with KMI (below 0.3), 15 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of -0.09, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | -0.09 | 0.10 | 0.24 | 74 | Nasdaq-100, Derivative Income | KMI vs JEPQ | |
| Invesco QQQ ETF | -0.08 | 0.11 | 0.23 | 73 | Nasdaq-100 | KMI vs QQQ | |
| Vanguard FTSE Emerging Markets ETF | -0.06 | 0.18 | 0.29 | 56 | Emerging Markets Equities | KMI vs VWO | |
| Global X Artificial Intelligence & Technology ETF | -0.06 | 0.13 | 0.23 | 81 | Technology Equities | KMI vs AIQ | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | 0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | KMI vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KMI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KMI and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of -0.15, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | -0.15 | 0.01 | 0.12 | 60 | Consumer Cyclical | |
| United Airlines Holdings, Inc. | -0.11 | 0.16 | 0.24 | 60 | Industrials | |
| The Estee Lauder Companies Inc. | -0.11 | 0.09 | 0.17 | 52 | Consumer Defensive | |
| Alphabet Inc. Class A | -0.10 | 0.04 | 0.16 | 96 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.10 | 0.06 | 0.17 | 95 | Technology |
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