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Antofagasta plc (ANTO.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 5, 2026

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company holds a 60% interest in the Los Pelambres mine, a 70% interest in the Centinela mine, a 70% interest in the Antucoya mine, and a 50% interest in the Zaldívar mine located in Chile. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries. In addition, it provides rail and road cargo services to mining customers in northern Chile. The company was founded in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Establishment.

Looking to balance out your exposure to ANTO.L? The ETFs below have the lowest correlation with ANTO.L — they tend to move on their own, which can help reduce risk when ANTO.L drops. The stock ideas table highlights individual companies that behave independently from ANTO.L.

Best Diversifiers for ANTO.L

0 ETFs have low correlation with ANTO.L (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CUKX.L
iShares FTSE 100 UCITS ETF0.440.480.51
56
ANTO.L vs CUKX.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ANTO.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANTO.L and solid risk/return profiles. The least correlated is Greatland Gold plc (GGP.L) (Basic Materials) with a 1Y correlation of 0.38, up from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
GGP.L
Greatland Gold plc0.380.140.14
87
Basic Materials
FRES.L
Fresnillo plc0.580.530.48
91
Basic Materials
GLEN.L
Glencore plc0.640.680.69
96
Basic Materials
BRWM.L
Blackrock World Mining Trust plc0.690.670.69
92
Financial Services
BHP.L
BHP Group Limited0.710.670.68
94
Basic Materials
See all 6 low-correlation stocks for ANTO.L

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Diversification Analysis

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