Looking to diversify beyond KPDD? The ETFs below have historically moved differently from KPDD, 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 KPDD
893 ETFs have low correlation with KPDD (below 0.3), 94 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.26 | — | — | 51 | Cryptocurrency | KPDD vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.24 | — | — | 69 | Derivative Income | KPDD vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | -0.12 | -0.12 | 97 | Inflation-Protected Bonds | KPDD vs RBIL | |
| Invesco DB Energy Fund | -0.14 | -0.07 | -0.07 | 66 | Oil & Gas | KPDD vs DBE | |
| Invesco DB Oil Fund | -0.13 | -0.05 | -0.05 | 51 | Oil & Gas | KPDD vs DBO |
See all 2281 diversifiers for KPDD
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