Looking to balance out your exposure to KXS.TO? The ETFs below have the lowest correlation with KXS.TO — they tend to move on their own, which can help reduce risk when KXS.TO drops. The stock ideas table highlights individual companies that behave independently from KXS.TO.
No Diversifiers Found for KXS.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 KXS.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KXS.TO and solid risk/return profiles. The least correlated is Finning International Inc. (FTT.TO) (Industrials) with a 1Y correlation of 0.05, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Finning International Inc. | 0.05 | 0.14 | 0.20 | 95 | Industrials | |
| Savaria Corporation | 0.07 | 0.20 | 0.24 | 91 | Industrials |
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