Looking to balance out your exposure to APLE? The ETFs below have the lowest correlation with APLE — they tend to move on their own, which can help reduce risk when APLE drops. The stock ideas table highlights individual companies that behave independently from APLE.
Best Diversifiers for APLE
2 ETFs have low correlation with APLE (below 0.3), 1 of which are negatively correlated. The least correlated is First Trust Global Tactical Commodity Strategy Fund (FTGC) (Commodities) with a 1Y correlation of -0.06, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Global Tactical Commodity Strategy Fun... | -0.06 | 0.05 | 0.17 | 81 | Commodities | APLE vs FTGC | |
| iShares 1-3 Year Treasury Bond ETF | 0.22 | 0.12 | 0.09 | 79 | Government Bonds, Short-Term Bond | APLE vs SHY | |
| NEOS Nasdaq-100 High Income ETF | 0.32 | — | — | 68 | Nasdaq-100, Derivative Income | APLE vs QQQI | |
| Amplify CWP International Enhanced Dividend Income... | 0.35 | 0.37 | — | 67 | Derivative Income, Dividend, Foreign Large Cap Equities | APLE vs IDVO | |
| Vanguard S&P 500 ETF | 0.42 | 0.46 | 0.54 | 70 | S&P 500 | APLE vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APLE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APLE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.03, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.03 | 0.10 | 0.18 | 69 | Consumer Defensive | |
| Chevron Corporation | -0.00 | 0.19 | 0.30 | 83 | Energy | |
| TotalEnergies SE | 0.06 | 0.15 | 0.18 | 90 | Energy | |
| NVIDIA Corporation | 0.06 | 0.11 | 0.27 | 78 | Technology | |
| Johnson & Johnson | 0.08 | 0.11 | 0.13 | 92 | Healthcare |
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Build a portfolio that complements APLE
Add APLE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with APLE