Looking to diversify beyond KOLD? The ETFs below have the lowest correlation with KOLD — 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 KOLD.
Best Diversifiers for KOLD
2071 ETFs have low correlation with KOLD (below 0.3), 82 of which are negatively correlated. The least correlated is First Trust Global Tactical Commodity Strategy Fund (FTGC) (Commodities) with a 1Y correlation of -0.32, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Global Tactical Commodity Strategy Fun... | -0.32 | -0.29 | -0.31 | 53 | Commodities | KOLD vs FTGC | |
| Alpha Architect High Inflation And Deflation ETF | -0.27 | -0.14 | — | 60 | Diversified Portfolio | KOLD vs HIDE | |
| VanEck Commodity Strategy ETF | -0.24 | -0.18 | — | 55 | Commodities | KOLD vs PIT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.21 | — | — | 95 | Inflation-Protected Bonds | KOLD vs IBID | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.21 | — | — | 50 | Commodities | KOLD vs CERY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KOLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KOLD and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.19, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.19 | -0.13 | -0.16 | 68 | Energy | |
| BP p.l.c. | -0.18 | -0.13 | -0.14 | 76 | Energy | |
| ConocoPhillips Company | -0.16 | -0.13 | -0.14 | 61 | Energy | |
| Energy Transfer LP | -0.15 | -0.14 | -0.16 | 67 | Energy | |
| Shell plc | -0.15 | -0.09 | -0.12 | 61 | Energy |
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