Looking to balance out your exposure to ORV.TO? The ETFs below have the lowest correlation with ORV.TO — they tend to move on their own, which can help reduce risk when ORV.TO drops. The stock ideas table highlights individual companies that behave independently from ORV.TO.
No Diversifiers Found for ORV.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 ORV.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ORV.TO and solid risk/return profiles. The least correlated is 5N Plus Inc. (VNP.TO) (Basic Materials) with a 1Y correlation of 0.24, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| 5N Plus Inc. | 0.24 | 0.07 | 0.07 | 99 | Basic Materials | |
| Almonty Industries Inc. | 0.31 | 0.12 | 0.10 | 80 | Basic Materials | |
| Capstone Copper Corp. | 0.39 | 0.23 | 0.18 | 70 | Basic Materials | |
| Faraday Copper Corp. | 0.39 | 0.13 | 0.10 | 99 | Basic Materials | |
| China Gold International Resources Corp. Ltd. | 0.41 | 0.22 | 0.19 | 75 | Basic Materials |
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