Looking to balance out your exposure to KTOS? The ETFs below have the lowest correlation with KTOS — they tend to move on their own, which can help reduce risk when KTOS drops. The stock ideas table highlights individual companies that behave independently from KTOS.
Best Diversifiers for KTOS
122 ETFs have low correlation with KTOS (below 0.3), 4 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.12 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | KTOS vs BIL | |
| F/m US Treasury 3 Month Bill ETF | -0.06 | -0.01 | — | 100 | Ultrashort Bond | KTOS vs TBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.04 | 0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | KTOS vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.02 | -0.00 | 0.02 | 100 | Ultrashort Bond | KTOS vs SGOV | |
| JPMorgan Ultra-Short Income ETF | 0.00 | 0.05 | 0.08 | 99 | Ultrashort Bond | KTOS vs JPST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KTOS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KTOS and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.17, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.17 | -0.06 | 0.04 | 66 | Communication Services | |
| The Coca-Cola Company | -0.16 | -0.03 | 0.05 | 74 | Consumer Defensive | |
| PepsiCo, Inc. | -0.16 | -0.03 | 0.05 | 61 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.12 | 0.05 | 0.14 | 85 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | -0.02 | 0.06 | 62 | Utilities |
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