Looking to balance out your exposure to SMIN.L? The ETFs below have the lowest correlation with SMIN.L — they tend to move on their own, which can help reduce risk when SMIN.L drops. The stock ideas table highlights individual companies that behave independently from SMIN.L.
No Diversifiers Found for SMIN.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 SMIN.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SMIN.L and solid risk/return profiles. The least correlated is Senior PLC (SNR.L) (Industrials) with a 1Y correlation of 0.32, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Senior PLC | 0.32 | 0.33 | 0.36 | 89 | Industrials | |
| Serco Group | 0.34 | 0.37 | 0.37 | 80 | Industrials | |
| Rolls-Royce Holdings PLC | 0.46 | 0.42 | 0.41 | 75 | Industrials |
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