Looking to diversify beyond APXM? The ETFs below have historically moved differently from APXM, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for APXM
420 ETFs have low correlation with APXM (below 0.3), 67 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 58 | Derivative Income | APXM vs WNTR | |
| Invesco DB Energy Fund | -0.35 | — | — | 54 | Oil & Gas | APXM vs DBE | |
| United States Gasoline Fund, LP | -0.27 | — | — | 72 | Oil & Gas | APXM vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.20 | -0.20 | 51 | Commodities | APXM vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.23 | -0.20 | -0.20 | 51 | Commodities | APXM vs COMT |
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