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SNC-Lavalin Group Inc (ATRL.TO) Diversifiers

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

SNC-Lavalin Group Inc. is an integrated professional services and project management firm with operations across the Americas, Europe, the Middle East, Africa, and Asia Pacific. It offers a broad range of services in sectors like transportation, defense, water, industrial and mining, and power through six segments: Engineering Services, Nuclear, Operations & Maintenance, Linxon, Lump Sum Turnkey Projects, and Capital.

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

Best Diversifiers for ATRL.TO

2 ETFs have low correlation with ATRL.TO (below 0.3), 1 of which are negatively correlated. The least correlated is Global X High Interest Savings ETF (CASH.TO) (Money Market) with a 1Y correlation of -0.09, roughly unchanged from 0.00 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CASH.TO
Global X High Interest Savings ETF-0.090.00—
100
Money MarketATRL.TO vs CASH.TO
HLIT.TO
Global X Lithium Producers Index ETF0.260.18—
87
Commodity Producers EquitiesATRL.TO vs HLIT.TO
XBM.TO
iShares S&P/TSX Global Base Metals Index ETF0.380.300.36
85
Energy EquitiesATRL.TO vs XBM.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...0.410.36—
94
Semiconductors, Technology EquitiesATRL.TO vs CHPS.TO
XEQT.TO
iShares Core Equity ETF Portfolio0.420.400.46
80
Global EquitiesATRL.TO vs XEQT.TO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ATRL.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATRL.TO and solid risk/return profiles. The least correlated is Suncor Energy Inc. (SU.TO) (Energy) with a 1Y correlation of -0.09, down from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
SU.TO
Suncor Energy Inc.-0.090.090.17
96
Energy
RCI-A.TO
Rogers Communications Inc.-0.04-0.010.04
79
Communication Services
RCI-B.TO
Rogers Communications Inc0.040.070.09
85
Communication Services
ATD.TO
Alimentation Couche-Tard Inc.0.040.120.19
57
Consumer Cyclical
CNR.TO
Canadian National Railway Company0.110.190.23
64
Industrials
See all 15 low-correlation stocks for ATRL.TO

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Diversification Analysis

Build a portfolio that complements ATRL.TO

Add ATRL.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with ATRL.TO