Looking to diversify beyond KSTR? The ETFs below have historically moved differently from KSTR, 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 KSTR
885 ETFs have low correlation with KSTR (below 0.3), 97 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, down from -0.16 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.16 | — | 51 | Cryptocurrency | KSTR vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.26 | — | — | 69 | Derivative Income | KSTR vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.23 | -0.12 | -0.10 | 51 | Nontraditional Bonds | KSTR vs RISR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.18 | -0.08 | -0.01 | 100 | Government Bonds, Ultrashort Bond | KSTR vs BIL | |
| YieldMax XOM Option Income Strategy ETF | -0.16 | -0.02 | -0.02 | 52 | Derivative Income, Dividend | KSTR vs XOMO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for KSTR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Arista Networks, Inc. (ANET) (Technology) with a 1Y correlation of 0.23, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arista Networks, Inc. | 0.23 | 0.16 | 0.19 | 75 | Technology | |
| Eaton Corporation plc | 0.34 | 0.21 | 0.19 | 59 | Industrials |
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