Looking to diversify beyond AAPX? The ETFs below have the lowest correlation with AAPX — 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 AAPX.
Best Diversifiers for AAPX
847 ETFs have low correlation with AAPX (below 0.3), 94 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.22, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.22 | -0.04 | -0.04 | 57 | Oil & Gas | AAPX vs DBE | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | -0.25 | -0.25 | 70 | Derivative Income | AAPX vs WNTR | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.19 | -0.02 | -0.02 | 52 | Commodities | AAPX vs COMT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 56 | Inverse Equities | AAPX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 65 | Inverse Equities, Leveraged Equities | AAPX vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.99 | — | — | 91 | Technology |
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