PortfoliosLab logoPortfoliosLab logo

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

696 ETFs have low correlation with AAPB (below 0.3), 61 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.13 over 5 years.


See all 1950 diversifiers for AAPB

To view more results, upgrade your current subscription plan.

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 Axsome Therapeutics, Inc. (AXSM) (Healthcare) with a 1Y correlation of 0.05, roughly unchanged from 0.12 over 3 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Axsome Therapeutics, Inc.0.050.12
96
Healthcare
Palo Alto Networks, Inc.0.110.25
69
Technology
Eli Lilly and Company0.110.17
74
Healthcare
Viking Therapeutics, Inc.0.120.180.18
61
Healthcare
Pelagos Insurance Capital Limited0.17
89
Financial Services
See all 12 low-correlation stocks for AAPB

To view more results, upgrade your current subscription plan.

Diversification Analysis

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