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31 Stocks and 69 ETFs for diversifying KSPY (KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF)

The least correlated asset to KSPY (KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF) is company Capital Product Partners L P (CPLP). The correlation is -1.

Stocks that lowly correlated with KSPY

SymbolName
Market cap
SectorIndustry
Correlation
CPLPCapital Product Partners L P$355MN/AN/A-1.00
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-1.00
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.99
ITIIteris Inc$316MN/AN/A-0.86
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.85
TWKSThoughtworks Holding Inc$1.45BN/AN/A-0.85
OPTNOptiNose Inc$112MN/AN/A-0.68
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.67
EDConsolidated Edison Inc$39BUtilitiesUtilities - Regulated Electric-0.67
AWKAmerican Water Works Co. Inc$24BUtilitiesUtilities - Regulated Water-0.65
MLGOMicroAlgo Inc$43MTechnologySoftware - Infrastructure-0.65
RVNCRevance Therapeutics Inc$380MHealthcareBiotechnology-0.64
DUETUDUET Acquisition Corp - Units (1 Ord Share Class A & 1 War)$15MFinancial ServicesShell Companies-0.61
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.61
PRAProassurance Corporation$1.26BFinancial ServicesInsurance - Property & Casualty-0.59
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.58
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.57
HFFGHF Foods Group Inc$108MConsumer DefensiveFood Distribution-0.57
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.57
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.56
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.56
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.55
CDMOAvid Bioservices Inc$797MN/AN/A-0.55
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.54
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.53
RCMR1 RCM Inc$6.04BHealthcareHealth Information Services-0.53
AMTAmerican Tower Corp$86BReal EstateReit - Specialty-0.53
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.52
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.51
ADCAgree Realty Corp$9BReal EstateReit - Retail-0.51

ETFs that lowly correlated with KSPY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.99
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.90
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.90
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.89
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.85
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.85
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.85
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.85
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.84
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.84
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.84
CARYAngel Oak Income ETF$1.10B0.79%Nov 7, 2022-0.82
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.82
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.81
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.80
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.80
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.79
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.79
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.78
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.78
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.78
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.77
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.77
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.77
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.75
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.74
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.73
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.73
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.72
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.72
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.71
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.71
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.67
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.65
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.64
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $81M0.10%Sep 13, 2023-0.64
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $339M0.98%May 13, 2019-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.63
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.63
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.62
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.62
FNGDBank of Montreal$68MN/AJan 22, 2018-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.60
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.60
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.59
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.59
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.58
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.57
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.57
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.56
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.56
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.55
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.54
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.54
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $97M0.10%Sep 13, 2023-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.52
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.51
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.51
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.51
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.50