Looking to diversify beyond AAPI.L? The ETFs below have the lowest correlation with AAPI.L — 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 AAPI.L.
Best Diversifiers for AAPI.L
6 ETFs have low correlation with AAPI.L (below 0.3), 0 of which are negatively correlated. The least correlated is IncomeShares Alphabet (GOOG) Options ETP GBP (GOOO.L) (Derivative Income) with a 1Y correlation of 0.13, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Alphabet (GOOG) Options ETP GBP | 0.13 | 0.23 | 0.23 | 89 | Derivative Income | AAPI.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.18 | — | — | 84 | Derivative Income | AAPI.L vs GOOI.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.21 | — | — | 97 | Leveraged Equities, Semiconductors | AAPI.L vs SOXL.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.23 | — | — | 71 | Nasdaq-100, Derivative Income | AAPI.L vs QQQY.L | |
| Leverage Shares 3x Long Semiconductors ETP Securit... | 0.23 | — | — | 96 | Leveraged Equities, Semiconductors | AAPI.L vs SMH3.L |
See all 9 diversifiers for AAPI.L
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