Looking to diversify beyond KNRG? The ETFs below have the lowest correlation with KNRG — 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 KNRG.
Best Diversifiers for KNRG
268 ETFs have low correlation with KNRG (below 0.3), 55 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | — | — | 61 | Leveraged Currency | KNRG vs YCS | |
| Invesco DB Energy Fund | -0.28 | — | — | 71 | Oil & Gas | KNRG vs DBE | |
| United States Oil Fund LP | -0.28 | — | — | 66 | Oil & Gas | KNRG vs USO | |
| United States Brent Oil Fund LP | -0.27 | — | — | 65 | Oil & Gas | KNRG vs BNO | |
| United States Gasoline Fund LP | -0.27 | — | — | 69 | Oil & Gas | KNRG vs UGA |
See all 2100 diversifiers for KNRG
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Diversification Analysis
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