Looking to diversify beyond KNOV? The ETFs below have the lowest correlation with KNOV — 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 KNOV.
Best Diversifiers for KNOV
363 ETFs have low correlation with KNOV (below 0.3), 64 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.27 | — | — | 66 | Oil & Gas | KNOV vs USO | |
| Invesco DB Energy Fund | -0.27 | -0.10 | -0.10 | 71 | Oil & Gas | KNOV vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | — | — | 56 | Derivative Income | KNOV vs USOY | |
| United States 12 Month Oil Fund LP | -0.23 | -0.05 | -0.05 | 56 | Oil & Gas | KNOV vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | -0.04 | -0.04 | 55 | Oil & Gas | KNOV vs OILK |
See all 2102 diversifiers for KNOV
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