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
92 ETFs have low correlation with APH (below 0.3), 14 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.09, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.09 | 0.01 | 0.09 | 66 | Oil & Gas | APH vs USO | |
| State Street Energy Select Sector SPDR ETF | -0.08 | 0.12 | 0.21 | 63 | Energy Equities | APH vs XLE | |
| ProShares Ultra Bloomberg Crude Oil | -0.08 | 0.03 | 0.11 | 54 | Leveraged Commodities | APH vs UCO | |
| Vanguard Energy ETF | -0.05 | 0.14 | 0.23 | 64 | Energy Equities | APH vs VDE | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.05 | 0.07 | 0.14 | 74 | Commodities | APH vs PDBC |
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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 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.18 | 0.02 | 0.14 | 62 | Consumer Cyclical | |
| Cboe Global Markets, Inc. | -0.16 | -0.14 | 0.08 | 68 | Financial Services | |
| Verizon Communications Inc. | -0.16 | -0.04 | 0.06 | 59 | Communication Services | |
| Exxon Mobil Corporation | -0.15 | 0.04 | 0.14 | 85 | Energy | |
| The Coca-Cola Company | -0.14 | -0.06 | 0.14 | 66 | 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