Looking to balance out your exposure to ARG.TO? The ETFs below have the lowest correlation with ARG.TO — they tend to move on their own, which can help reduce risk when ARG.TO drops. The stock ideas table highlights individual companies that behave independently from ARG.TO.
No Diversifiers Found for ARG.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 ARG.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARG.TO and solid risk/return profiles. The least correlated is Solaris Resources Inc. (SLS.TO) (Basic Materials) with a 1Y correlation of 0.58, up from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Solaris Resources Inc. | 0.58 | 0.51 | 0.47 | 90 | Basic Materials | |
| Lundin Mining Corporation | 0.61 | 0.57 | 0.53 | 95 | Basic Materials | |
| Hudbay Minerals Inc. | 0.65 | 0.61 | 0.57 | 95 | Basic Materials |
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