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46 Stocks and 54 ETFs for diversifying American Electric Power (AEP)

The least correlated asset to American Electric Power (AEP) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.8122.

Stocks that lowly correlated with AEP

SymbolName
Market cap
SectorIndustry
Correlation
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.71
DVSDolly Varden Silver Corporation$258MBasic MaterialsSilver-0.67
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.65
AKUSAkouos Inc$490MN/AN/A-0.60
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.59
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.59
TRAKDealerTrack Technologies Inc$162MTechnologySoftware - Application-0.59
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.59
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.58
AEBIAebi Schmidt Holding AG$971MIndustrialsFarm & Heavy Construction Machinery-0.58
GMHSGamehaus Holdings Inc$46MCommunication ServicesElectronic Gaming & Multimedia-0.57
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.57
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.56
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.55
RBRKRubrik Inc - Class A$16BTechnologySoftware - Infrastructure-0.55
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.55
LUDLuda Technology Group Ltd$98MBasic MaterialsSteel-0.54
NEXMNexMetals Mining Corp$81MBasic MaterialsOther Industrial Metals & Mining-0.54
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.53
SAILSailpoint Inc$8.58BTechnologySoftware - Infrastructure-0.53
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.53
ASPCA SPAC III Acquisition Corp - Class A$17MFinancial ServicesShell Companies-0.52
MCHPPMicrochip Technology Inc$40BTechnologySemiconductors-0.51
ZJKZJK Industrial Co Ltd$126MIndustrialsSpecialty Industrial Machinery-0.51
TBHCThe Brand House Collective Inc Com$21MConsumer CyclicalHome Improvement Retail-0.51
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.50
CUBWULionheart Holdings - Units (1 Ord Class A & 1 War)$252MFinancial ServicesShell Companies-0.50
RITRReitar Logtech Holdings Ltd - Class A$13MIndustrialsEngineering & Construction-0.50
CENNCenntro Inc$5.86MConsumer CyclicalAuto Manufacturers-0.50
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$15MFinancial ServicesShell Companies-0.50
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.49
CVCapsoVision Inc$315MHealthcareMedical Devices-0.49
YDESYD Bio Ltd$161MHealthcareBiotechnology-0.49
ALDFUAldel Financial II Inc - Units (1 Ord Cls A & 1/2 War)$67MFinancial ServicesShell Companies-0.49
GENVRGen Digital Inc$843MN/AN/A-0.49
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.49
ALABAstera Labs Inc$60BTechnologySemiconductors-0.48
GUTSFractyl Health Inc$144MHealthcareBiotechnology-0.48
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.48
RYETRuanyun Edai Technology Inc$32MConsumer DefensiveEducation & Training Services-0.48
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.48
INVInnventure Inc$357MFinancial ServicesAsset Management-0.47
SIShoulder Innovations Inc$452MN/AN/A-0.47
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.47
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.47
NOEMCO2 Energy Transition Corp$73MFinancial ServicesShell Companies-0.47

ETFs that lowly correlated with AEP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.81
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.77
CLCVCrossmark Large Cap Value ETF$17M0.50%Jul 22, 2025-0.70
DVXYWEBs Defined Volatility XLY ETF$230K0.89%Jul 22, 2025-0.64
APPXTRADR 2X LONG APP DAILY ETF$112MN/AApr 24, 2025-0.63
UNHGLEVERAGE SHARES 2X LONG UNH DAILY ETF $121MN/AJul 21, 2025-0.60
ACVTADVENT CONVERTIBLE BOND ETF $32M0.65%Apr 29, 2025-0.59
IONLGRANITESHARES 2X LONG IONQ DAILY ETF $87MN/AMar 24, 2025-0.58
IONXDEFIANCE DAILY TARGET 2X LONG IONQ ETF $229MN/AMar 11, 2025-0.58
ADBGLEVERAGE SHARES 2X LONG ADBE DAILY ETF $34MN/AMar 20, 2025-0.58
LITLSimplify Piper Sandler US SmallCap PLUS Income ETF$6.90M0.91%Apr 28, 2025-0.58
ASCEALLSPRING SMID CORE ETF $118M0.38%Jul 7, 2025-0.58
STRNSMART TREND 25 ETF $22M0.59%Aug 19, 2025-0.57
LABXTRADR 2X LONG ALAB DAILY ETF $136MN/AAug 11, 2025-0.57
RVNLGRANITESHARES 2X LONG RIVN DAILY ETF $15MN/AApr 21, 2025-0.57
GXPDGLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF $48M0.15%Jul 22, 2025-0.57
CPHYFm Compoundr High Yield Bond ETF$6.20M0.35%Aug 11, 2025-0.57
MCOWPACER S&P MIDCAP 400 QUALITY FCF ARISTOCRATS ETF $1.10M0.49%Aug 27, 2025-0.56
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.56
XLYISTATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $2.10M0.35%Jul 29, 2025-0.56
QUBXTRADR 2X LONG QUBT DAILY ETF $36MN/AJun 23, 2025-0.55
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.55
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.54
CVNYYIELDMAX(R) CVNA OPTION INCOME STRATEGY ETF $23M1.09%Jan 29, 2025-0.54
JHLNJOHN HANCOCK GLOBAL SENIOR LOAN ETF $633M0.59%Aug 19, 2025-0.54
PMAUPGIM S&P 500 MAX BUFFER ETF - AUGUST $3.50M0.50%Jul 31, 2025-0.53
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.52
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.52
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.52
FLAGGLOBAL X S&P 500 U.S. MARKET LEADERS TOP 50 ETF $1.60M0.29%Apr 15, 2025-0.52
UXROUNDHILL URANIUM ETF $4.40M0.77%Jan 28, 2025-0.52
SCOWPACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF $1.60M0.59%Aug 27, 2025-0.51
MUNANORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF $9M0.18%Aug 18, 2025-0.51
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
NVOXDEFIANCE DAILY TARGET 2X LONG NVO ETF $52MN/ADec 2, 2024-0.50
NITETHE NIGHTVIEW FUND $32M1.25%Jun 21, 2024-0.50
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $91M0.25%Aug 19, 2024-0.50
NVOHNOVO NORDISK A/S (B SHARES) ADRHEDGED $4.20M0.19%Jan 6, 2025-0.49
LQPEPEO AlphaQuest Thematic PE ETF$13M1.25%Jan 27, 2025-0.49
DDFLInnovator Equity Dual Directional 15 Buffer ETF July$70M0.79%Jun 30, 2025-0.48
TOPCiShares S&P 500 3 Capped ETF$31M0.09%Apr 15, 2025-0.48
PMJLPGIM S&P 500 MAX BUFFER ETF - JULY $2.90M0.50%Jun 30, 2025-0.48
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.48
TECHARBOR TRANSFORMATIVE TECHNOLOGIES ETF $6.70M0.69%Apr 16, 2025-0.47
CGVVCAPITAL GROUP U.S. LARGE VALUE ETF SHARE CLASS$146M0.33%Jun 24, 2025-0.47
TGLBT. ROWE PRICE GLOBAL EQUITY ETF $23M0.46%Jun 25, 2025-0.47
GXPCGLOBAL X PURECAP MSCI COMMUNICATION SERVICES ETF $80M0.15%Jul 22, 2025-0.47
FGSIFT VEST GROWTH STRENGTH & TARGET INCOME ETF $3M0.85%Jun 25, 2025-0.47
RVERTRENCHLESS FUND ETF $140M0.66%Apr 2, 2024-0.47
JHAIJANUS HENDERSON GLOBAL ARTIFICIAL INTELLIGENCE ETF $27M0.59%Aug 19, 2025-0.47
QBSFALLIANZIM U.S. EQUITY BUFFER15 ETF $36M0.64%Jun 30, 2025-0.47
CPRACalamos ETF Trust Russell 2000 Structured Alt Protection ETF April$13M0.69%Mar 31, 2025-0.46
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.46
TSLGLEVERAGE SHARES 2X LONG TSLA DAILY ETF $42MN/ADec 12, 2024-0.46