Looking to diversify beyond KOMP? The ETFs below have historically moved differently from KOMP, 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 KOMP
458 ETFs have low correlation with KOMP (below 0.3), 78 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.57 | — | — | 52 | Inverse Equities | KOMP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.56 | — | — | 61 | Inverse Equities, Leveraged Equities | KOMP vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.55 | — | — | 75 | Derivative Income | KOMP vs WNTR | |
| ProShares Short Bitcoin ETF | -0.55 | -0.49 | — | 61 | Cryptocurrency | KOMP vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.55 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | KOMP vs SBIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KOMP, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Banco Santander-Chile (BSAC) (Financial Services) with a 1Y correlation of 0.47, roughly unchanged from 0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Santander-Chile | 0.47 | 0.44 | 0.39 | 88 | Financial Services |
Build a portfolio that complements KOMP
Add KOMP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KOMP