Looking to diversify beyond AAPY? The ETFs below have the lowest correlation with AAPY — 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 AAPY.
Best Diversifiers for AAPY
686 ETFs have low correlation with AAPY (below 0.3), 111 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.25 | -0.06 | -0.06 | 66 | Oil & Gas | AAPY vs USO | |
| United States Brent Oil Fund LP | -0.24 | -0.06 | -0.06 | 65 | Oil & Gas | AAPY vs BNO | |
| United States 12 Month Oil Fund LP | -0.22 | — | — | 56 | Oil & Gas | AAPY vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | — | — | 55 | Oil & Gas | AAPY vs OILK | |
| Invesco DB Oil Fund | -0.22 | — | — | 65 | Oil & Gas | AAPY vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAPY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.19 | — | — | 78 | Technology | |
| Apple Inc | 0.96 | — | — | 89 | Technology |
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