Looking to diversify beyond KMLM? The ETFs below have the lowest correlation with KMLM — 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 KMLM.
Best Diversifiers for KMLM
1993 ETFs have low correlation with KMLM (below 0.3), 1191 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.35 | — | — | 51 | Global Bonds | KMLM vs AVGB | |
| iShares Agency Bond ETF | -0.31 | -0.27 | -0.34 | 53 | Government Bonds, Short-Term Bond | KMLM vs AGZ | |
| Global X Short-Term Treasury Ladder ETF | -0.30 | — | — | 84 | Government Bonds, Short-Term Bond | KMLM vs SLDR | |
| Allspring Income Plus ETF | -0.30 | — | — | 58 | Multisector Bonds | KMLM vs AINP | |
| Neos Enhanced Income Aggregate Bond ETF | -0.29 | -0.27 | -0.36 | 51 | Intermediate Core-Plus Bond | KMLM vs BNDI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KMLM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KMLM and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.20, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.21 | -0.03 | -0.04 | 80 | Healthcare | |
| Annaly Capital Management, Inc. | -0.19 | -0.15 | -0.14 | 83 | Real Estate | |
| VSE Corporation | -0.16 | -0.05 | -0.11 | 78 | Industrials | |
| General Electric Company | -0.16 | -0.06 | -0.08 | 78 | Industrials | |
| Colgate-Palmolive Company | -0.14 | -0.05 | -0.11 | 53 | Consumer Defensive |
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