Looking to balance out your exposure to APH? The ETFs below have historically moved differently from APH, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for APH
90 ETFs have low correlation with APH (below 0.3), 24 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.
How candidates are selected| 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 | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.08 | -0.05 | 100 | Government Bonds, Ultrashort Bond | APH vs USFR | |
| F/m US Treasury 3 Month Bill ETF | -0.16 | -0.05 | — | 100 | Ultrashort Bond | APH vs TBIL | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.13 | 0.11 | 0.31 | 92 | Large Cap Value Equities, Dividend | APH vs FDL | |
| State Street Energy Select Sector SPDR ETF | -0.13 | 0.06 | 0.17 | 75 | Energy Equities | APH vs XLE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for APH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is W. R. Berkley Corporation (WRB) (Financial Services) with a 1Y correlation of -0.29, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| W. R. Berkley Corporation | -0.29 | -0.04 | 0.16 | 53 | Financial Services | |
| Aflac Incorporated | -0.24 | 0.05 | 0.22 | 89 | Financial Services | |
| Verizon Communications Inc. | -0.23 | -0.08 | 0.03 | 66 | Communication Services | |
| The Coca-Cola Company | -0.23 | -0.10 | 0.10 | 87 | Consumer Defensive | |
| The Allstate Corporation | -0.23 | 0.00 | 0.14 | 83 | Financial Services |
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