Looking to balance out your exposure to APOG? The ETFs below have the lowest correlation with APOG — they tend to move on their own, which can help reduce risk when APOG drops. The stock ideas table highlights individual companies that behave independently from APOG.
Best Diversifiers for APOG
1 ETFs have low correlation with APOG (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.28, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.28 | 0.30 | — | 52 | Gold | APOG vs GDE | |
| Vanguard S&P 500 ETF | 0.42 | 0.48 | 0.55 | 74 | S&P 500 | APOG vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APOG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APOG and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.22, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.22 | 0.27 | 0.32 | 62 | Consumer Cyclical | |
| Herc Holdings Inc. | 0.46 | 0.50 | 0.54 | 52 | Industrials |
Build a portfolio that complements APOG
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