Looking to diversify beyond AAPD? The ETFs below have the lowest correlation with AAPD — 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 AAPD.
Best Diversifiers for AAPD
2192 ETFs have low correlation with AAPD (below 0.3), 2069 of which are negatively correlated. The least correlated is Direxion Daily AAPL Bull 2X Shares (AAPU) (Leveraged Equities) with a 1Y correlation of -1.00, roughly unchanged from -0.99 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily AAPL Bull 2X Shares | -1.00 | -1.00 | — | 69 | Leveraged Equities | AAPD vs AAPU | |
| GraniteShares 2x Long AAPL Daily ETF | -0.99 | -1.00 | — | 71 | Leveraged Equities | AAPD vs AAPB | |
| T-Rex 2X Long Apple Daily Target ETF | -0.99 | -0.99 | -0.99 | 65 | Leveraged Equities | AAPD vs AAPX | |
| Kurv Yield Premium Strategy Apple (AAPL) ETF | -0.96 | -0.95 | -0.95 | 62 | Large Cap Blend Equities | AAPD vs AAPY | |
| AAPL WeeklyPay™ ETF | -0.96 | — | — | 66 | Derivative Income, Leveraged Equities | AAPD vs AAPW |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPD and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | -1.00 | -1.00 | — | 90 | Technology |
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