Looking to balance out your exposure to FC.TO? The ETFs below have the lowest correlation with FC.TO — they tend to move on their own, which can help reduce risk when FC.TO drops. The stock ideas table highlights individual companies that behave independently from FC.TO.
No Diversifiers Found for FC.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 FC.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FC.TO and solid risk/return profiles. The least correlated is SmartCentres Real Estate Investment Trust (SRU-UN.TO) (Real Estate) with a 1Y correlation of 0.41, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| SmartCentres Real Estate Investment Trust | 0.41 | 0.40 | 0.39 | 82 | Real Estate | |
| Alaris Equity Partners Income Trust | 0.43 | 0.40 | 0.40 | 86 | Financial Services |
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