Looking to balance out your exposure to EMP-A.TO? The ETFs below have the lowest correlation with EMP-A.TO — they tend to move on their own, which can help reduce risk when EMP-A.TO drops. The stock ideas table highlights individual companies that behave independently from EMP-A.TO.
No Diversifiers Found for EMP-A.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 EMP-A.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMP-A.TO and solid risk/return profiles. The least correlated is Energy Fuels Inc. (EFR.TO) (Energy) with a 1Y correlation of -0.17, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Fuels Inc. | -0.17 | -0.02 | -0.00 | 86 | Energy | |
| Cameco Corporation | -0.12 | 0.02 | 0.03 | 84 | Energy | |
| Magellan Aerospace Corporation | -0.10 | 0.02 | 0.01 | 88 | Industrials | |
| Osisko Gold Royalties Ltd | -0.06 | 0.02 | 0.02 | 65 | Basic Materials | |
| Celestica Inc. | -0.06 | -0.04 | 0.01 | 94 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EMP-A.TO
Add EMP-A.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMP-A.TO