Looking to balance out your exposure to AEP.L? The ETFs below have the lowest correlation with AEP.L — they tend to move on their own, which can help reduce risk when AEP.L drops. The stock ideas table highlights individual companies that behave independently from AEP.L.
No Diversifiers Found for AEP.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 AEP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AEP.L and solid risk/return profiles. The least correlated is Fresnillo plc (FRES.L) (Basic Materials) with a 1Y correlation of 0.18, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fresnillo plc | 0.18 | 0.09 | 0.07 | 91 | Basic Materials |
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