Looking to diversify beyond APCB? The ETFs below have the lowest correlation with APCB — 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 APCB.
Best Diversifiers for APCB
1080 ETFs have low correlation with APCB (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.47 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.47 | — | 72 | Leveraged Currency | APCB vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.44 | -0.41 | -0.40 | 51 | Currency | APCB vs UUP | |
| United States Gasoline Fund LP | -0.40 | -0.22 | — | 78 | Oil & Gas | APCB vs UGA | |
| Invesco DB Energy Fund | -0.40 | -0.23 | -0.23 | 53 | Oil & Gas | APCB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.34 | -0.17 | -0.17 | 51 | Commodities | APCB vs GSG |
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