Looking to diversify beyond KVLE? The ETFs below have the lowest correlation with KVLE — 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 KVLE.
Best Diversifiers for KVLE
362 ETFs have low correlation with KVLE (below 0.3), 56 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.28 | -0.05 | 0.06 | 66 | Oil & Gas | KVLE vs USO | |
| Invesco DB Energy Fund | -0.28 | -0.06 | 0.07 | 71 | Oil & Gas | KVLE vs DBE | |
| United States Brent Oil Fund LP | -0.27 | -0.05 | 0.06 | 65 | Oil & Gas | KVLE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | KVLE vs USOY | |
| United States 12 Month Oil Fund LP | -0.26 | -0.03 | 0.08 | 56 | Oil & Gas | KVLE vs USL |
See all 2178 diversifiers for KVLE
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