Looking to balance out your exposure to SES.TO? The ETFs below have the lowest correlation with SES.TO — they tend to move on their own, which can help reduce risk when SES.TO drops. The stock ideas table highlights individual companies that behave independently from SES.TO.
No Diversifiers Found for SES.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 SES.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SES.TO and solid risk/return profiles. The least correlated is Aecon Group Inc. (ARE.TO) (Industrials) with a 1Y correlation of 0.08, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Aecon Group Inc. | 0.08 | 0.19 | 0.23 | 95 | Industrials | |
| Bird Construction Inc. | 0.12 | 0.18 | 0.24 | 94 | Industrials | |
| Gibson Energy Inc. | 0.29 | 0.25 | 0.37 | 78 | Energy | |
| CES Energy Solutions Corp. | 0.41 | 0.38 | 0.50 | 98 | Energy |
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