Looking to diversify beyond KOCT? The ETFs below have the lowest correlation with KOCT — 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 KOCT.
Best Diversifiers for KOCT
366 ETFs have low correlation with KOCT (below 0.3), 63 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.30, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | -0.03 | 0.09 | 71 | Oil & Gas | KOCT vs DBE | |
| United States Oil Fund LP | -0.28 | -0.02 | 0.08 | 66 | Oil & Gas | KOCT vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.01 | 0.09 | 65 | Oil & Gas | KOCT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | KOCT vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | 0.03 | 0.11 | 55 | Oil & Gas | KOCT vs OILK |
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