Looking to diversify beyond KNGC.TO? The ETFs below have the lowest correlation with KNGC.TO — 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 KNGC.TO.
Best Diversifiers for KNGC.TO
47 ETFs have low correlation with KNGC.TO (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI USA Momentum Factor Index ETF (XMTM.TO) (Momentum) with a 1Y correlation of -0.00, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI USA Momentum Factor Index ETF | -0.00 | 0.12 | 0.12 | 53 | Momentum, Large Cap Blend Equities | KNGC.TO vs XMTM.TO | |
| Brompton North American Low Volatility Dividend ET... | 0.02 | — | — | 87 | Dividend | KNGC.TO vs BLOV.TO | |
| Franklin U.S. Large Cap Multifactor Index ETF | 0.04 | — | — | 58 | Large Cap Blend Equities | KNGC.TO vs FLUS.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.04 | — | — | 64 | Nasdaq-100 | KNGC.TO vs ZNQ.TO | |
| Brompton Tech Leaders Income ETF | 0.05 | — | — | 59 | Technology Equities, Derivative Income | KNGC.TO vs TLF.TO |
See all 52 diversifiers for KNGC.TO
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