Looking to diversify beyond KWT? The ETFs below have the lowest correlation with KWT — 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 KWT.
Best Diversifiers for KWT
1075 ETFs have low correlation with KWT (below 0.3), 50 of which are negatively correlated. The least correlated is VanEck Commodity Strategy ETF (PIT) (Commodities) with a 1Y correlation of -0.18, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Commodity Strategy ETF | -0.18 | -0.02 | 0.02 | 55 | Commodities | KWT vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.18 | -0.09 | -0.09 | 50 | Commodities | KWT vs CERY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | -0.13 | -0.13 | 97 | Inflation-Protected Bonds | KWT vs RBIL | |
| VanEck Energy Income ETF | -0.14 | 0.11 | 0.20 | 57 | Energy Equities | KWT vs EINC | |
| Bastion Energy ETF | -0.14 | -0.14 | -0.14 | 75 | Energy Equities | KWT vs BESF |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KWT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KWT and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.18 | 0.21 | 0.27 | 76 | Technology |
Build a portfolio that complements KWT
Add KWT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KWT