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32 Stocks and 68 ETFs for diversifying Kimbell Royalty Partners LP (KRP)

The least correlated asset to Kimbell Royalty Partners LP (KRP) is company TryHard (THH). The correlation is -0.9395.

Stocks that lowly correlated with KRP

SymbolName
Market cap
SectorIndustry
Correlation
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.94
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.65
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.65
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.64
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.63
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.63
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.60
CVCapsoVision Inc$315MHealthcareMedical Devices-0.59
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.58
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.57
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.56
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.55
BUSEPFirst Busey Corp$2.21BFinancial ServicesBanks - Regional-0.54
PLTN/A$508MN/AN/A-0.54
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.52
ASPCA SPAC III Acquisition Corp - Class A$17MFinancial ServicesShell Companies-0.52
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.52
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.51
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.85MN/AN/A-0.50
ESHAESH Acquisition Corp - Class A$45MFinancial ServicesShell Companies-0.49
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.48
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.48
YDESYD Bio Ltd$161MHealthcareBiotechnology-0.47
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.46
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.46
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$15MFinancial ServicesShell Companies-0.46
CAICaris Life Sciences Inc - Class A$4.94BHealthcareBiotechnology-0.44
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.44
TLSITriSalus Life Sciences Inc$252MHealthcareMedical Devices-0.44
AACTAres Acquisition Corporation II - Class A$588MFinancial ServicesShell Companies-0.43
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.43
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.43

ETFs that lowly correlated with KRP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.81
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.72
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.71
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.71
OILDBank of Montreal$53MN/ANov 8, 2021-0.70
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.65
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.64
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.62
DVXYWEBs Defined Volatility XLY ETF$230K0.89%Jul 22, 2025-0.60
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.55
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.55
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.54
XLYISTATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $2.10M0.35%Jul 29, 2025-0.54
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.53
TFNST. ROWE PRICE FINANCIALS ETF $14M0.44%Jun 11, 2025-0.52
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.52
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
GXPDGLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF $48M0.15%Jul 22, 2025-0.50
TSLWROUNDHILL TSLA WEEKLYPAY ETF $101MN/AFeb 18, 2025-0.50
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
TSIIREX TSLA GROWTH & INCOME ETF $41MN/AJun 3, 2025-0.49
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.49
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.48
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.48
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.48
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.48
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.47
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.47
BUFHFT Vest Laddered Max Buffer ETF$55M0.95%Jun 24, 2025-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
HBDCHilton BDC Corporate Bond ETF$84M0.39%Jun 10, 2025-0.46
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.46
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.46
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.46
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.46
JPHYJPMORGAN ACTIVE HIGH YIELD ETF $2.20B0.45%Jun 24, 2025-0.45
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.45
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.45
SCHQSCHWAB LONG-TERM U.S. TREASURY ETF $759M0.03%Oct 9, 2019-0.45
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.44
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.44
UNHGLEVERAGE SHARES 2X LONG UNH DAILY ETF $121MN/AJul 21, 2025-0.44
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.44
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.44
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.44
GOVIINVESCO EQUAL WEIGHT 0-30 YEAR TREASURY ETF $1.20B0.15%Oct 11, 2007-0.44
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $39M0.12%Sep 9, 2024-0.43
GOVTISHARES U.S. TREASURY BOND ETF $44B0.05%Feb 14, 2012-0.43
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.43
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $117M0.10%Sep 13, 2023-0.43
VGLTVANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES$15B0.03%Nov 19, 2009-0.43