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
70 ETFs have low correlation with APH (below 0.3), 7 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.19, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.19 | -0.07 | -0.02 | 100 | Ultrashort Bond | APH vs SGOV | |
| F/m US Treasury 3 Month Bill ETF | -0.16 | -0.04 | — | 100 | Ultrashort Bond | APH vs TBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.06 | -0.04 | 100 | Government Bonds, Ultrashort Bond | APH vs USFR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.07 | 0.15 | 0.34 | 69 | Large Cap Value Equities, Dividend | APH vs FDL | |
| iShares Core High Dividend ETF | -0.05 | 0.13 | 0.34 | 70 | Dividend, Large Cap Value Equities | APH vs HDV |
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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 Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.18, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.18 | 0.00 | 0.12 | 66 | Consumer Cyclical | |
| Cboe Global Markets, Inc. | -0.17 | -0.14 | 0.07 | 55 | Financial Services | |
| The Coca-Cola Company | -0.17 | -0.07 | 0.13 | 74 | Consumer Defensive | |
| Aflac Incorporated | -0.17 | 0.08 | 0.25 | 68 | Financial Services | |
| Exxon Mobil Corporation | -0.16 | 0.01 | 0.13 | 72 | Energy |
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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