Looking to diversify beyond KNGZ? The ETFs below have the lowest correlation with KNGZ — 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 KNGZ.
Best Diversifiers for KNGZ
326 ETFs have low correlation with KNGZ (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.08 | -0.05 | 61 | Leveraged Currency | KNGZ vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | -0.04 | -0.04 | 98 | Inflation-Protected Bonds | KNGZ vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | KNGZ vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.05 | -0.04 | 100 | Government Bonds, Ultrashort Bond | KNGZ vs USFR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | 0.02 | -0.01 | 77 | Commodities | KNGZ vs ISCMF |
See all 2064 diversifiers for KNGZ
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