Looking to balance out your exposure to AAPL.TO? The ETFs below have the lowest correlation with AAPL.TO — they tend to move on their own, which can help reduce risk when AAPL.TO drops. The stock ideas table highlights individual companies that behave independently from AAPL.TO.
Best Diversifiers for AAPL.TO
1 ETFs have low correlation with AAPL.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NVIDIA (NVDA) Yield Shares Purpose ETF | 0.26 | — | — | 53 | Derivative Income | AAPL.TO vs YNVD.NEO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPL.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPL.TO and solid risk/return profiles. The least correlated is Cameco Corporation (CCO.TO) (Energy) with a 1Y correlation of 0.10, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cameco Corporation | 0.10 | 0.14 | 0.21 | 80 | Energy | |
| Alimentation Couche-Tard Inc. | 0.13 | 0.18 | — | 62 | Consumer Cyclical |
Build a portfolio that complements AAPL.TO
Add AAPL.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAPL.TO