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
1232 ETFs have low correlation with KMLI (below 0.3), 72 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.23 | — | — | 69 | Oil & Gas | KMLI vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.19 | — | — | 63 | Derivative Income | KMLI vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | -0.19 | -0.19 | 53 | Inverse Equities | KMLI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | -0.19 | -0.19 | 62 | Inverse Equities, Leveraged Equities | KMLI vs MSTZ | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.18 | — | — | 100 | Government Bonds, Ultrashort Bond | KMLI vs BIL |
See all 2050 diversifiers for KMLI
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