Looking to balance out your exposure to AUPH? The ETFs below have the lowest correlation with AUPH — they tend to move on their own, which can help reduce risk when AUPH drops. The stock ideas table highlights individual companies that behave independently from AUPH.
Best Diversifiers for AUPH
2 ETFs have low correlation with AUPH (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI South Korea ETF (EWY) (South Korea Equities) with a 1Y correlation of 0.13, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI South Korea ETF | 0.13 | 0.17 | 0.23 | 87 | South Korea Equities, Asia Pacific Equities | AUPH vs EWY | |
| State Street SPDR S&P 500 ETF | 0.29 | 0.32 | 0.36 | 65 | S&P 500 | AUPH vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AUPH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AUPH and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.16, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.16 | 0.04 | 0.07 | 74 | Energy | |
| The Coca-Cola Company | -0.02 | 0.06 | 0.08 | 84 | Consumer Defensive | |
| Walmart Inc. | 0.01 | 0.08 | 0.08 | 69 | Consumer Defensive | |
| Perdoceo Education Corporation | 0.02 | 0.12 | 0.17 | 56 | Consumer Defensive | |
| L3Harris Technologies, Inc. | 0.04 | 0.09 | 0.12 | 54 | Industrials |
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