Looking to balance out your exposure to FSV.TO? The ETFs below have the lowest correlation with FSV.TO — they tend to move on their own, which can help reduce risk when FSV.TO drops. The stock ideas table highlights individual companies that behave independently from FSV.TO.
No Diversifiers Found for FSV.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 FSV.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FSV.TO and solid risk/return profiles. The least correlated is Bank of Montreal (BMO.TO) (Financial Services) with a 1Y correlation of 0.32, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bank of Montreal | 0.32 | 0.34 | 0.34 | 96 | Financial Services |
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