Looking to balance out your exposure to KBL.TO? The ETFs below have the lowest correlation with KBL.TO — they tend to move on their own, which can help reduce risk when KBL.TO drops. The stock ideas table highlights individual companies that behave independently from KBL.TO.
No Diversifiers Found for KBL.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 KBL.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KBL.TO and solid risk/return profiles. The least correlated is Rogers Sugar Inc. (RSI.TO) (Consumer Defensive) with a 1Y correlation of 0.09, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rogers Sugar Inc. | 0.09 | 0.14 | 0.13 | 84 | Consumer Defensive | |
| Exchange Income Corporation | 0.15 | 0.16 | 0.17 | 98 | Industrials |
Build a portfolio that complements KBL.TO
Add KBL.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KBL.TO