Looking to balance out your exposure to APAM? The ETFs below have the lowest correlation with APAM — they tend to move on their own, which can help reduce risk when APAM drops. The stock ideas table highlights individual companies that behave independently from APAM.
Best Diversifiers for APAM
1 ETFs have low correlation with APAM (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Japan Small Cap ETF (SCJ) (Japan Equities) with a 1Y correlation of 0.30, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Japan Small Cap ETF | 0.30 | 0.37 | 0.42 | 53 | Japan Equities | APAM vs SCJ | |
| Fidelity Nasdaq Composite Index ETF | 0.44 | 0.48 | 0.56 | 70 | Large Cap Growth Equities | APAM vs ONEQ | |
| Vanguard S&P 500 ETF | 0.53 | 0.58 | 0.64 | 74 | S&P 500 | APAM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.53 | 0.58 | 0.65 | 74 | S&P 500 | APAM vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APAM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APAM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.08 | 0.18 | 73 | Consumer Defensive | |
| Nutrien Ltd. | -0.01 | 0.26 | 0.29 | 59 | Basic Materials | |
| Golar LNG Limited | 0.02 | 0.19 | 0.26 | 66 | Energy | |
| Johnson & Johnson | 0.03 | 0.12 | 0.18 | 94 | Healthcare | |
| Precision Drilling Corporation | 0.05 | 0.27 | 0.29 | 94 | Energy |
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