Looking to balance out your exposure to APH? The ETFs below have the lowest correlation with APH — they tend to move on their own, which can help reduce risk when APH drops. The stock ideas table highlights individual companies that behave independently from APH.
Best Diversifiers for APH
86 ETFs have low correlation with APH (below 0.3), 16 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.22, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.22 | -0.08 | -0.03 | 100 | Ultrashort Bond | APH vs SGOV | |
| F/m US Treasury 3 Month Bill ETF | -0.17 | -0.05 | — | 100 | Ultrashort Bond | APH vs TBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.07 | -0.05 | 100 | Government Bonds, Ultrashort Bond | APH vs USFR | |
| State Street Energy Select Sector SPDR ETF | -0.15 | 0.06 | 0.18 | 54 | Energy Equities | APH vs XLE | |
| Vanguard Energy ETF | -0.10 | 0.09 | 0.20 | 55 | Energy Equities | APH vs VDE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APH and solid risk/return profiles. The least correlated is W. R. Berkley Corporation (WRB) (Financial Services) with a 1Y correlation of -0.25, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| W. R. Berkley Corporation | -0.25 | -0.01 | 0.18 | 54 | Financial Services | |
| Aflac Incorporated | -0.22 | 0.04 | 0.25 | 80 | Financial Services | |
| Verizon Communications Inc. | -0.21 | -0.07 | 0.04 | 57 | Communication Services | |
| The Coca-Cola Company | -0.20 | -0.09 | 0.11 | 82 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.20 | -0.06 | 0.06 | 50 | Consumer Defensive |
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Build a portfolio that complements APH
Add APH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with APH