Looking to balance out your exposure to APTV? The ETFs below have the lowest correlation with APTV — they tend to move on their own, which can help reduce risk when APTV drops. The stock ideas table highlights individual companies that behave independently from APTV.
Best Diversifiers for APTV
0 ETFs have low correlation with APTV (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.37, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.37 | 0.38 | 0.51 | 76 | Technology Equities | APTV vs VGT | |
| Invesco QQQ ETF | 0.42 | 0.40 | 0.53 | 73 | Nasdaq-100 | APTV vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.49 | 0.48 | 0.59 | 70 | S&P 500 | APTV vs SPY | |
| Vanguard S&P 500 ETF | 0.50 | 0.48 | 0.60 | 70 | S&P 500 | APTV vs VOO | |
| Fidelity Electric Vehicles and Future Transportati... | 0.50 | 0.58 | — | 62 | Transportation Equities | APTV vs FDRV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from APTV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to APTV and solid risk/return profiles. The least correlated is American Electric Power Company, Inc. (AEP) (Utilities) with a 1Y correlation of -0.02, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Electric Power Company, Inc. | -0.02 | 0.07 | 0.12 | 79 | Utilities | |
| Coca-Cola Consolidated, Inc. | -0.02 | 0.10 | 0.20 | 80 | Consumer Defensive | |
| Atmos Energy Corporation | -0.01 | 0.10 | 0.15 | 60 | Utilities | |
| Frontline Ltd. | 0.01 | 0.09 | 0.16 | 89 | Energy | |
| TORM plc | 0.03 | 0.10 | 0.15 | 88 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements APTV
Add APTV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with APTV