Looking to balance out your exposure to MKA.L? The ETFs below have the lowest correlation with MKA.L — they tend to move on their own, which can help reduce risk when MKA.L drops. The stock ideas table highlights individual companies that behave independently from MKA.L.
No Diversifiers Found for MKA.L
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 MKA.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MKA.L and solid risk/return profiles. The least correlated is Greatland Gold plc (GGP.L) (Basic Materials) with a 1Y correlation of 0.03, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Greatland Gold plc | 0.03 | 0.05 | 0.06 | 76 | Basic Materials | |
| Pan African Resources plc | 0.06 | 0.04 | 0.03 | 77 | Basic Materials |
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