Looking to diversify beyond AAPW? The ETFs below have historically moved differently from AAPW, 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 AAPW
1295 ETFs have low correlation with AAPW (below 0.3), 118 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.24 | — | — | 51 | Oil & Gas | AAPW vs DBO | |
| Invesco DB Energy Fund | -0.23 | — | — | 66 | Oil & Gas | AAPW vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | — | — | 61 | Commodities | AAPW vs GSG | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | — | — | 70 | Commodities | AAPW vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.20 | -0.07 | -0.07 | 68 | Commodities | AAPW vs DBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AAPW, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.12 | — | — | 61 | Technology | |
| Apple Inc | 0.97 | — | — | 90 | Technology |
Build a portfolio that complements AAPW
Add AAPW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAPW