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
164 ETFs have low correlation with KTOS (below 0.3), 2 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 -0.10, 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 | -0.10 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | KTOS vs BIL | |
| US Treasury 3 Month Bill ETF | -0.06 | -0.01 | — | 100 | Ultrashort Bond | KTOS vs TBIL | |
| iShares National AMT-Free Muni Bond ETF | 0.01 | 0.08 | 0.07 | 66 | Municipal Bonds | KTOS vs MUB | |
| Vanguard Short-Term Treasury ETF | 0.01 | 0.01 | 0.06 | 83 | Government Bonds, Short-Term Bond | KTOS vs VGSH | |
| Vanguard Tax-Exempt Bond ETF | 0.01 | 0.07 | 0.08 | 72 | Municipal Bonds | KTOS vs VTEB |
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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 -0.18, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.18 | -0.07 | 0.04 | 59 | Communication Services | |
| PepsiCo, Inc. | -0.16 | -0.03 | 0.06 | 56 | Consumer Defensive | |
| The Coca-Cola Company | -0.16 | -0.03 | 0.06 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | -0.01 | 0.06 | 53 | Utilities | |
| Coca-Cola Consolidated, Inc. | -0.11 | 0.07 | 0.15 | 80 | Consumer Defensive |
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