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Looking to balance out your exposure to MTO.L? The ETFs below have the lowest correlation with MTO.L — they tend to move on their own, which can help reduce risk when MTO.L drops. The stock ideas table highlights individual companies that behave independently from MTO.L.

No Diversifiers Found for MTO.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 MTO.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MTO.L and solid risk/return profiles. The least correlated is British American Tobacco plc (BATS.L) (Consumer Defensive) with a 1Y correlation of 0.11, roughly unchanged from 0.12 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
British American Tobacco plc0.110.110.12
78
Consumer Defensive
Drax Group0.190.220.18
67
Utilities
GlaxoSmithKline plc0.220.130.12
86
Healthcare
Legal & General Group plc0.380.380.36
77
Financial Services
LondonMetric Property plc0.390.340.32
55
Real Estate

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Diversification Analysis

Build a portfolio that complements MTO.L

Add MTO.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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