Looking to balance out your exposure to BTB-UN.TO? The ETFs below have the lowest correlation with BTB-UN.TO — they tend to move on their own, which can help reduce risk when BTB-UN.TO drops. The stock ideas table highlights individual companies that behave independently from BTB-UN.TO.
No Diversifiers Found for BTB-UN.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 BTB-UN.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BTB-UN.TO and solid risk/return profiles. The least correlated is B2Gold Corp. (BTO.TO) (Basic Materials) with a 1Y correlation of 0.22, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| B2Gold Corp. | 0.22 | 0.24 | 0.23 | 52 | Basic Materials |
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