Looking to diversify beyond KOKU? The ETFs below have the lowest correlation with KOKU — 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 KOKU.
Best Diversifiers for KOKU
316 ETFs have low correlation with KOKU (below 0.3), 68 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 56 | Inverse Equities | KOKU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 65 | Inverse Equities, Leveraged Equities | KOKU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.48 | -0.38 | -0.39 | 53 | Cryptocurrency | KOKU vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | KOKU vs WNTR | |
| Invesco DB Energy Fund | -0.30 | -0.09 | 0.09 | 57 | Oil & Gas | KOKU vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KOKU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KOKU and solid risk/return profiles. The least correlated is Royce Value Trust Inc. (RVT) (Financial Services) with a 1Y correlation of 0.69, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royce Value Trust Inc. | 0.69 | 0.72 | 0.78 | 84 | Financial Services |
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