Looking to balance out your exposure to BAB.L? The ETFs below have the lowest correlation with BAB.L — they tend to move on their own, which can help reduce risk when BAB.L drops. The stock ideas table highlights individual companies that behave independently from BAB.L.
No Diversifiers Found for BAB.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 BAB.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BAB.L and solid risk/return profiles. The least correlated is Airtel Africa plc (AAF.L) (Communication Services) with a 1Y correlation of 0.25, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Airtel Africa plc | 0.25 | 0.24 | 0.23 | 87 | Communication Services | |
| Goodwin plc | 0.26 | 0.19 | 0.15 | 76 | Industrials | |
| Fresnillo plc | 0.28 | 0.18 | 0.12 | 91 | Basic Materials | |
| Senior PLC | 0.31 | 0.33 | 0.32 | 89 | Industrials | |
| Serco Group | 0.31 | 0.34 | 0.31 | 80 | Industrials |
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