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
1 ETFs have low correlation with APTV (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily GOOGL Bull 2X Shares (GGLL) (Leveraged Equities) with a 1Y correlation of 0.15, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily GOOGL Bull 2X Shares | 0.15 | 0.23 | — | 93 | Leveraged Equities | APTV vs GGLL | |
| Vanguard Information Technology ETF | 0.42 | 0.39 | 0.52 | 50 | Technology Equities | APTV vs VGT | |
| Invesco QQQ ETF | 0.45 | 0.42 | 0.54 | 53 | Nasdaq-100 | APTV vs QQQ | |
| Vanguard S&P 500 ETF | 0.48 | 0.49 | 0.59 | 66 | S&P 500 | APTV vs VOO | |
| State Street SPDR S&P 500 ETF | 0.49 | 0.49 | 0.59 | 65 | S&P 500 | APTV vs SPY |
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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.15 | 0.03 | 0.12 | 80 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.09 | 0.09 | 0.19 | 85 | Consumer Defensive | |
| Atmos Energy Corporation | -0.08 | 0.06 | 0.13 | 73 | Utilities | |
| American Electric Power Company, Inc. | -0.08 | 0.06 | 0.11 | 86 | Utilities | |
| ConocoPhillips Company | -0.05 | 0.10 | 0.20 | 69 | Energy |
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