Looking to balance out your exposure to AAL.L? The ETFs below have the lowest correlation with AAL.L — they tend to move on their own, which can help reduce risk when AAL.L drops. The stock ideas table highlights individual companies that behave independently from AAL.L.
No Diversifiers Found for AAL.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 AAL.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAL.L and solid risk/return profiles. The least correlated is Greatland Gold plc (GGP.L) (Basic Materials) with a 1Y correlation of 0.34, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Greatland Gold plc | 0.34 | 0.15 | 0.15 | 87 | Basic Materials | |
| Fresnillo plc | 0.51 | 0.50 | 0.47 | 91 | Basic Materials | |
| Glencore plc | 0.69 | 0.70 | 0.72 | 96 | Basic Materials | |
| BHP Group Limited | 0.72 | 0.68 | 0.73 | 94 | Basic Materials | |
| Antofagasta plc | 0.84 | 0.74 | 0.75 | 91 | Basic Materials |
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