PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond APLY? The ETFs below have the lowest correlation with APLY — 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 APLY.

Best Diversifiers for APLY

808 ETFs have low correlation with APLY (below 0.3), 115 of which are negatively correlated.


See all 2191 diversifiers for APLY

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from APLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APLY and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.02, roughly unchanged from 0.06 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Verizon Communications Inc.0.020.050.06
62
Communication Services
Pan American Silver Corp.0.110.100.10
86
Basic Materials
Micron Technology, Inc.0.150.220.22
99
Technology
Block, Inc0.220.280.26
52
Technology
Advanced Micro Devices, Inc.0.220.29
98
Technology
See all 8 low-correlation stocks for APLY

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements APLY

Add APLY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with APLY