Looking to balance out your exposure to KYTX? The ETFs below have the lowest correlation with KYTX — they tend to move on their own, which can help reduce risk when KYTX drops. The stock ideas table highlights individual companies that behave independently from KYTX.
Best Diversifiers for KYTX
0 ETFs have low correlation with KYTX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.30 | — | — | 59 | Nasdaq-100 | KYTX vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KYTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KYTX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | 0.24 | — | — | 96 | Communication Services | |
| Rocket Lab USA, Inc. | 0.25 | — | — | 87 | Industrials | |
| Robinhood Markets, Inc. | 0.32 | — | — | 58 | Financial Services |
Diversification Analysis
Build a portfolio that complements KYTX
Add KYTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KYTX