Looking to diversify beyond KRMA? The ETFs below have the lowest correlation with KRMA — 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 KRMA.
Best Diversifiers for KRMA
377 ETFs have low correlation with KRMA (below 0.3), 75 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.06 | 0.07 | 66 | Oil & Gas | KRMA vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.07 | 0.08 | 71 | Oil & Gas | KRMA vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.06 | 0.07 | 65 | Oil & Gas | KRMA vs BNO | |
| Invesco DB Oil Fund | -0.28 | -0.04 | 0.08 | 65 | Oil & Gas | KRMA vs DBO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | KRMA vs USOY |
See all 2102 diversifiers for KRMA
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