Looking to diversify beyond KORP? The ETFs below have the lowest correlation with KORP — 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 KORP.
Best Diversifiers for KORP
347 ETFs have low correlation with KORP (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.45 | -0.49 | 75 | Leveraged Currency | KORP vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.32 | -0.13 | -0.06 | 51 | Commodities | KORP vs PDBC | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 66 | Systematic Trend | KORP vs FFUT | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.27 | -0.09 | -0.02 | 65 | Commodities | KORP vs SDCI | |
| VanEck Commodity Strategy ETF | -0.26 | -0.10 | — | 69 | Commodities | KORP vs PIT |
See all 1830 diversifiers for KORP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements KORP
Add KORP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KORP