Looking to diversify beyond APLX? The ETFs below have the lowest correlation with APLX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from APLX.
No Diversifiers Found for APLX
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APLX and solid risk/return profiles. The least correlated is First Majestic Silver Corp. (AG) (Basic Materials) with a 1Y correlation of 0.32, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| First Majestic Silver Corp. | 0.32 | 0.32 | 0.32 | 75 | Basic Materials | |
| Sandisk Corporation | 0.34 | 0.34 | 0.34 | 100 | Technology | |
| Tesla, Inc. | 0.38 | 0.38 | 0.38 | 59 | Consumer Cyclical | |
| Vertiv Holdings Co. | 0.57 | 0.57 | 0.57 | 92 | Industrials |
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