Looking to diversify beyond KONG? The ETFs below have historically moved differently from KONG, 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 KONG
462 ETFs have low correlation with KONG (below 0.3), 59 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 61 | Inverse Equities, Leveraged Equities | KONG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 52 | Inverse Equities | KONG vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 75 | Derivative Income | KONG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.38 | -0.30 | — | 61 | Cryptocurrency | KONG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | KONG vs SBIT |
See all 2225 diversifiers for KONG
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