Looking to balance out your exposure to OGC.TO? The ETFs below have the lowest correlation with OGC.TO — they tend to move on their own, which can help reduce risk when OGC.TO drops. The stock ideas table highlights individual companies that behave independently from OGC.TO.
No Diversifiers Found for OGC.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 OGC.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OGC.TO and solid risk/return profiles. The least correlated is Paramount Resources Ltd. (POU.TO) (Energy) with a 1Y correlation of -0.12, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Paramount Resources Ltd. | -0.12 | 0.10 | 0.15 | 86 | Energy | |
| Loblaw Companies Limited | -0.04 | -0.02 | -0.01 | 59 | Consumer Defensive | |
| Tamarack Valley Energy Ltd. | -0.02 | 0.15 | 0.17 | 99 | Energy | |
| Laurentian Bank of Canada | 0.01 | 0.10 | 0.11 | 96 | Financial Services | |
| MDA Space Ltd. | 0.06 | 0.12 | 0.10 | 76 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements OGC.TO
Add OGC.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OGC.TO