Looking to diversify beyond AAPD? The ETFs below have historically moved differently from AAPD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AAPD
2167 ETFs have low correlation with AAPD (below 0.3), 2067 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.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily AAPL Bull 2X Shares | -1.00 | -1.00 | — | 71 | Leveraged Equities | AAPD vs AAPU | |
| T-Rex 2X Long Apple Daily Target ETF | -0.99 | — | — | 66 | Leveraged Equities | AAPD vs AAPX | |
| GraniteShares 2x Long AAPL Daily ETF | -0.99 | -0.99 | — | 72 | Leveraged Equities | AAPD vs AAPB | |
| AAPL WeeklyPay™ ETF | -0.97 | — | — | 71 | Derivative Income, Leveraged Equities | AAPD vs AAPW | |
| Kurv Yield Premium Strategy Apple (AAPL) ETF | -0.96 | — | — | 54 | Derivative Income | AAPD vs AAPY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AAPD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | -1.00 | -1.00 | — | 90 | Technology |
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