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 5N Plus Inc. (VNP.TO) (Basic Materials) with a 1Y correlation of 0.34, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| 5N Plus Inc. | 0.34 | 0.27 | 0.27 | 96 | Basic Materials | |
| Almonty Industries Inc. | 0.37 | 0.24 | 0.16 | 91 | Basic Materials | |
| Wesdome Gold Mines Ltd. | 0.44 | 0.34 | 0.31 | 72 | Basic Materials | |
| Perseus Mining Limited | 0.47 | 0.37 | 0.32 | 72 | Basic Materials | |
| China Gold International Resources Corp. Ltd. | 0.50 | 0.32 | 0.27 | 84 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ARG.TO
Add ARG.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARG.TO