Looking to diversify beyond AAPW? The ETFs below have the lowest correlation with AAPW — 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 AAPW.
Best Diversifiers for AAPW
1085 ETFs have low correlation with AAPW (below 0.3), 99 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.07 | -0.07 | 57 | Oil & Gas | AAPW vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.20 | — | — | 56 | Inverse Equities | AAPW vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | — | — | 70 | Derivative Income | AAPW vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 65 | Inverse Equities, Leveraged Equities | AAPW vs MSTZ | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | -0.06 | -0.06 | 56 | Commodities | AAPW vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPW and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.15 | — | — | 70 | Technology | |
| Apple Inc | 0.96 | — | — | 91 | Technology |
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