Looking to diversify beyond AAPB? The ETFs below have the lowest correlation with AAPB — 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 AAPB.
Best Diversifiers for AAPB
903 ETFs have low correlation with AAPB (below 0.3), 101 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.05 | -0.00 | 53 | Oil & Gas | AAPB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.03 | 0.03 | 51 | Commodities | AAPB vs GSG | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | — | — | 70 | Derivative Income | AAPB vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | AAPB vs RBIL | |
| Invesco DB US Dollar Index Bullish Fund | -0.19 | -0.15 | — | 51 | Currency | AAPB vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPB and solid risk/return profiles. The least correlated is HF Sinclair Corp (DINO) (Energy) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| HF Sinclair Corp | 0.05 | 0.07 | — | 92 | Energy | |
| Axsome Therapeutics, Inc. | 0.07 | 0.12 | — | 96 | Healthcare | |
| Viking Therapeutics, Inc. | 0.09 | 0.16 | — | 58 | Healthcare | |
| Eli Lilly and Company | 0.10 | 0.16 | — | 80 | Healthcare | |
| Palo Alto Networks, Inc. | 0.11 | 0.25 | — | 84 | Technology |
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Build a portfolio that complements AAPB
Add AAPB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAPB