Looking to balance out your exposure to ANRG.TO? The ETFs below have the lowest correlation with ANRG.TO — they tend to move on their own, which can help reduce risk when ANRG.TO drops. The stock ideas table highlights individual companies that behave independently from ANRG.TO.
No Diversifiers Found for ANRG.TO
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 ANRG.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANRG.TO and solid risk/return profiles. The least correlated is Northern Dynasty Minerals Ltd. (NDM.TO) (Basic Materials) with a 1Y correlation of 0.10, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Northern Dynasty Minerals Ltd. | 0.10 | 0.08 | — | 66 | Basic Materials |
Build a portfolio that complements ANRG.TO
Add ANRG.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ANRG.TO