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
200 ETFs have low correlation with KNRG (below 0.3), 21 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | — | — | 63 | Leveraged Currency | KNRG vs YCS | |
| United States Gasoline Fund LP | -0.26 | — | — | 55 | Oil & Gas | KNRG vs UGA | |
| First Trust Alternative Absolute Return Strategy E... | -0.12 | — | — | 75 | Commodities | KNRG vs FAAR | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | — | — | 100 | Government Bonds, Ultrashort Bond | KNRG vs USFR | |
| VanEck Commodity Strategy ETF | -0.11 | — | — | 57 | Commodities | KNRG vs PIT |
See all 1936 diversifiers for KNRG
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Diversification Analysis
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