Looking to diversify beyond AAPX? The ETFs below have historically moved differently from AAPX, 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 AAPX
1030 ETFs have low correlation with AAPX (below 0.3), 108 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 | AAPX vs DBO | |
| Invesco DB Energy Fund | -0.24 | — | — | 66 | Oil & Gas | AAPX vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | — | — | 61 | Commodities | AAPX vs GSG | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.20 | -0.24 | -0.24 | 69 | Derivative Income | AAPX vs WNTR | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.02 | -0.02 | 70 | Commodities | AAPX vs PDBC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AAPX, 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 |
|---|---|---|---|---|---|---|
| Apple Inc | 0.99 | — | — | 90 | Technology |
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