Looking to balance out your exposure to DLCG.TO? The ETFs below have the lowest correlation with DLCG.TO — they tend to move on their own, which can help reduce risk when DLCG.TO drops. The stock ideas table highlights individual companies that behave independently from DLCG.TO.
No Diversifiers Found for DLCG.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 DLCG.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DLCG.TO and solid risk/return profiles. The least correlated is Faraday Copper Corp. (FDY.TO) (Basic Materials) with a 1Y correlation of -0.05, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Faraday Copper Corp. | -0.05 | 0.05 | 0.03 | 99 | Basic Materials | |
| Trilogy Metals Inc. | 0.02 | 0.05 | 0.05 | 85 | Basic Materials | |
| E-L Financial Corporation Limited | 0.04 | 0.05 | 0.05 | 52 | Financial Services | |
| WELL Health Technologies Corp. | 0.05 | 0.02 | 0.05 | 52 | Healthcare | |
| Northern Dynasty Minerals Ltd. | 0.14 | 0.04 | 0.03 | 66 | Basic Materials |
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