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61 Stocks and 39 ETFs for diversifying KMLI (KraneShares 2x Long MELI Daily ETF)

The least correlated asset to KMLI (KraneShares 2x Long MELI Daily ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with KMLI

SymbolName
Market cap
SectorIndustry
Correlation
LRFCLogan Ridge Finance Corporation$51MN/AN/A-1.00
KIRKBrand House Collective Inc (The).$37MN/AN/A-1.00
ESGREnstar Group Ltd$5.09BN/AN/A-1.00
KKellanova Company$29BConsumer DefensivePackaged Foods-0.92
LPTXLeap Therapeutics Inc$85MHealthcareBiotechnology-0.85
CDIOCardio Diagnostics Holdings Inc$5.18MHealthcareBiotechnology-0.82
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.79
DALNDallasNews Corporation - Class A$88MN/AN/A-0.77
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.76
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.76
BRLSBorealis Foods Inc - Class A$31MConsumer DefensivePackaged Foods-0.75
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-0.73
EQTEQT Corp$34BEnergyOil & Gas E&p-0.72
TAOPTaoping Inc$13MTechnologySoftware - Infrastructure-0.71
CMMBChemomab Therapeutics Ltd$14MHealthcareBiotechnology-0.69
GPATUGP-Act III Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$68MFinancial ServicesShell Companies-0.68
XWELXWELL Inc$11MHealthcareDiagnostics & Research-0.66
IOVAIovance Biotherapeutics Inc$1.91BHealthcareBiotechnology-0.66
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.66
ATXSAstria Therapeutics Inc$710MHealthcareBiotechnology-0.65
RELIReliance Global Group Inc$8.82MFinancial ServicesInsurance Brokers-0.65
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-0.65
TECXAvroBio Inc$573MHealthcareBiotechnology-0.65
FANGDiamondback Energy Inc$54BEnergyOil & Gas E&p-0.65
KOREKore Group Holdings Inc$162MCommunication ServicesTelecom Services-0.65
NEUENeueHealth, Inc.$61MHealthcareHealthcare Plans-0.64
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.64
IMUXImmunic Inc$191MHealthcareBiotechnology-0.64
KRKroger Company$42BConsumer DefensiveGrocery Stores-0.63
DWTXVirios Therapeutics Inc$57MHealthcareBiotechnology-0.63
ARLPAlliance Resource Partners LP$3.21BEnergyThermal Coal-0.62
IMMXImmix Biopharma Inc$463MHealthcareBiotechnology-0.62
RLYBRallybio Corp$77MHealthcareBiotechnology-0.61
ACLXArcellx Inc$6.67BHealthcareBiotechnology-0.61
ASNSActelis Networks Inc$2.08MTechnologyCommunication Equipment-0.60
IASIntegral Ad Science Holding Corp$1.73BCommunication ServicesAdvertising Agencies-0.60
DRRXDurect Corp$60MHealthcareDrug Manufacturers - Specialty & Generic-0.60
CQPCheniere Energy Partners LP$29BEnergyOil & Gas Midstream-0.60
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.60
LBRTLiberty Energy Inc - Class A$4.88BEnergyOil & Gas Equipment & Services-0.60
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.59
SPTNSpartanNash Company$922MConsumer DefensiveFood Distribution-0.59
ACXPAcurx Pharmaceuticals Inc$6.74MHealthcareBiotechnology-0.58
SOBOSouth Bow Corporation$7.76BN/AN/A-0.58
UVEUniversal Insurance Holdings Inc$1.06BFinancial ServicesInsurance - Property & Casualty-0.58
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.57
FEMYFemasys Inc$23MHealthcareMedical Instruments & Supplies-0.57
ANIKAnika Therapeutics Inc$198MHealthcareDrug Manufacturers - Specialty & Generic-0.57
BEDUBright Scholar Education Holdings Limited American Depositary Shares, each representing four (4) Class A Ordinary Shares$267MConsumer DefensiveEducation & Training Services-0.57
EDRYEuroDry Ltd$68MIndustrialsMarine Shipping-0.57
REPLReplimune Group Inc$374MHealthcareBiotechnology-0.57
VOCVOC Energy Trust$53MEnergyOil & Gas E&p-0.57
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.56
OMCCOld Market Capital Corp$29MFinancial ServicesCredit Services-0.56
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.56
CMECME Group Inc - Class A$100BFinancial ServicesFinancial Data & Stock Exchanges-0.56
RRCRange Resources Corp$9.22BEnergyOil & Gas E&p-0.55
CDTXCidara Therapeutics Inc$6.49BHealthcareBiotechnology-0.55
GANXGain Therapeutics Inc$75MHealthcareBiotechnology-0.55
BATLBattalion Oil Corp (New)$30MEnergyOil & Gas E&p-0.55
LVOLiveOne Inc$81MCommunication ServicesInternet Content & Information-0.55

ETFs that lowly correlated with KMLI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.84
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.80
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.79
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.76
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.74
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.74
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.73
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.71
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.70
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.70
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.69
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.66
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.65
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.65
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.65
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.64
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.63
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.63
TAGSTeucrium Agricultural Fund$20M1.00%Mar 28, 2012-0.63
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.63
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.63
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.62
TILLTEUCRIUM AGRICULTURAL STRATEGY NO K-1 ETF $31M0.89%May 16, 2022-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.61
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
UNLUnited States 12 Month Natural Gas Fund$16M1.65%Nov 18, 2009-0.59
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.55