Looking to balance out your exposure to III.TO? The ETFs below have the lowest correlation with III.TO — they tend to move on their own, which can help reduce risk when III.TO drops. The stock ideas table highlights individual companies that behave independently from III.TO.
No Diversifiers Found for III.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 III.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to III.TO and solid risk/return profiles. The least correlated is Aritzia Inc. (ATZ.TO) (Consumer Cyclical) with a 1Y correlation of 0.23, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Aritzia Inc. | 0.23 | 0.10 | 0.10 | 94 | Consumer Cyclical | |
| Almonty Industries Inc. | 0.36 | 0.23 | 0.16 | 96 | Basic Materials | |
| Marimaca Copper Corp. | 0.41 | 0.24 | 0.19 | 73 | Basic Materials | |
| Lundin Mining Corporation | 0.56 | 0.33 | 0.32 | 95 | Basic Materials | |
| Taseko Mines Limited | 0.65 | 0.33 | 0.32 | 94 | Basic Materials |
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