Looking to diversify beyond AIPO? The ETFs below have the lowest correlation with AIPO — 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 AIPO.
Best Diversifiers for AIPO
391 ETFs have low correlation with AIPO (below 0.3), 55 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.13 | -0.13 | -0.13 | 55 | Oil & Gas | AIPO vs UGA | |
| Invesco PureBeta 0-5 Yr US TIPS ETF | -0.12 | -0.12 | -0.12 | 81 | Inflation-Protected Bonds | AIPO vs PBTP | |
| Obra Opportunistic Structured Products ETF | -0.09 | -0.09 | -0.09 | 72 | Multisector Bonds | AIPO vs OOSP | |
| Global X 1-3 Month T-Bill ETF | -0.07 | -0.07 | -0.07 | 100 | Ultrashort Bond | AIPO vs CLIP | |
| Franklin Short Duration U.S. Government ETF | -0.07 | -0.07 | -0.07 | 95 | Mortgage Backed Securities | AIPO vs FTSD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AIPO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AIPO and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.24, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.24 | -0.24 | -0.24 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | -0.19 | -0.19 | -0.19 | 66 | Communication Services | |
| PepsiCo, Inc. | -0.18 | -0.18 | -0.18 | 61 | Consumer Defensive | |
| Duke Energy Corporation | -0.17 | -0.17 | -0.17 | 62 | Utilities | |
| Exxon Mobil Corporation | -0.14 | -0.14 | -0.14 | 72 | Energy |
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