Looking to diversify beyond KMLI? The ETFs below have the lowest correlation with KMLI — 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 KMLI.
Best Diversifiers for KMLI
1352 ETFs have low correlation with KMLI (below 0.3), 101 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | — | — | 84 | Oil & Gas | KMLI vs UGA | |
| Invesco DB Energy Fund | -0.22 | — | — | 57 | Oil & Gas | KMLI vs DBE | |
| ProShares Short Bitcoin ETF | -0.21 | -0.23 | -0.23 | 52 | Cryptocurrency | KMLI vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | — | — | 73 | Derivative Income | KMLI vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 70 | Inverse Equities, Leveraged Equities | KMLI vs MSTZ |
See all 2059 diversifiers for KMLI
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