Looking to balance out your exposure to KRT? The ETFs below have the lowest correlation with KRT — they tend to move on their own, which can help reduce risk when KRT drops. The stock ideas table highlights individual companies that behave independently from KRT.
Best Diversifiers for KRT
1 ETFs have low correlation with KRT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Health Care ETF (VHT) (Health & Biotech Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Health Care ETF | 0.27 | 0.32 | 0.25 | 58 | Health & Biotech Equities | KRT vs VHT | |
| JPMorgan Flexible Income ETF | 0.31 | — | — | 71 | Global Allocation | KRT vs JFLI | |
| Schwab U.S. Dividend Equity ETF | 0.33 | 0.42 | 0.33 | 91 | Dividend | KRT vs SCHD | |
| Vanguard Total World Stock ETF | 0.35 | 0.47 | 0.37 | 63 | Global Equities | KRT vs VT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KRT and solid risk/return profiles. The least correlated is Chord Energy Corp (CHRD) (Energy) with a 1Y correlation of -0.10, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chord Energy Corp | -0.10 | 0.11 | 0.12 | 65 | Energy | |
| Embotelladora Andina S.A | -0.10 | 0.01 | -0.00 | 63 | Consumer Defensive | |
| CF Industries Holdings, Inc. | -0.09 | 0.06 | 0.08 | 67 | Basic Materials | |
| Cboe Global Markets, Inc. | -0.08 | -0.04 | 0.04 | 60 | Financial Services | |
| ConocoPhillips Company | -0.07 | 0.08 | 0.08 | 69 | Energy |
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