Looking to balance out your exposure to 0OFM.L? The ETFs below have the lowest correlation with 0OFM.L — they tend to move on their own, which can help reduce risk when 0OFM.L drops. The stock ideas table highlights individual companies that behave independently from 0OFM.L.
No Diversifiers Found for 0OFM.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from 0OFM.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to 0OFM.L and solid risk/return profiles. The least correlated is Pan African Resources plc (PAF.L) (Basic Materials) with a 1Y correlation of 0.13, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pan African Resources plc | 0.13 | 0.16 | 0.12 | 87 | Basic Materials |
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