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
832 ETFs have low correlation with APLY (below 0.3), 99 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | APLY vs IBIC | |
| Invesco DB US Dollar Index Bullish Fund | -0.23 | -0.17 | — | 51 | Currency | APLY vs UUP | |
| Invesco DB Energy Fund | -0.21 | -0.05 | -0.05 | 53 | Oil & Gas | APLY vs DBE | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.21 | — | — | 70 | Derivative Income | APLY vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.20 | -0.22 | -0.22 | 60 | Inverse Equities | APLY vs SMST |
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 Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.07, down from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.07 | 0.06 | — | 84 | Energy | |
| Verizon Communications Inc. | -0.05 | 0.04 | 0.05 | 57 | Communication Services | |
| Micron Technology, Inc. | 0.13 | 0.21 | 0.21 | 99 | Technology | |
| Pan American Silver Corp. | 0.17 | 0.12 | — | 68 | Basic Materials | |
| JPMorgan Chase & Co. | 0.19 | 0.22 | 0.23 | 69 | Financial Services |
To view more results, upgrade your current subscription plan.
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