Looking to diversify beyond KPDD? The ETFs below have the lowest correlation with KPDD — 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 KPDD.
Best Diversifiers for KPDD
756 ETFs have low correlation with KPDD (below 0.3), 84 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.26 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | KPDD vs SBIT | |
| ProShares Short Bitcoin ETF | -0.26 | — | — | 57 | Cryptocurrency | KPDD vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | — | — | 68 | Inverse Equities, Leveraged Equities | KPDD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.25 | — | — | 60 | Inverse Equities | KPDD vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 70 | Derivative Income | KPDD vs WNTR |
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