Looking to balance out your exposure to AVON.L? The ETFs below have the lowest correlation with AVON.L — they tend to move on their own, which can help reduce risk when AVON.L drops. The stock ideas table highlights individual companies that behave independently from AVON.L.
No Diversifiers Found for AVON.L
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 AVON.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVON.L and solid risk/return profiles. The least correlated is Senior PLC (SNR.L) (Industrials) with a 1Y correlation of 0.23, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Senior PLC | 0.23 | 0.19 | 0.20 | 89 | Industrials | |
| Serco Group | 0.28 | 0.19 | 0.17 | 80 | Industrials | |
| Smiths Group PLC | 0.33 | 0.26 | 0.27 | 59 | Industrials | |
| Rolls-Royce Holdings PLC | 0.43 | 0.21 | 0.22 | 75 | Industrials |
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