Looking to diversify beyond KOID? The ETFs below have historically moved differently from KOID, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KOID
553 ETFs have low correlation with KOID (below 0.3), 93 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | KOID vs SBIT | |
| ProShares Short Bitcoin ETF | -0.43 | — | — | 61 | Cryptocurrency | KOID vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 52 | Inverse Equities | KOID vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 61 | Inverse Equities, Leveraged Equities | KOID vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 75 | Derivative Income | KOID vs WNTR |
See all 2240 diversifiers for KOID
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