Looking to balance out your exposure to SNR.L? The ETFs below have the lowest correlation with SNR.L — they tend to move on their own, which can help reduce risk when SNR.L drops. The stock ideas table highlights individual companies that behave independently from SNR.L.
No Diversifiers Found for SNR.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 SNR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SNR.L and solid risk/return profiles. The least correlated is Serco Group (SRP.L) (Industrials) with a 1Y correlation of 0.21, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Serco Group | 0.21 | 0.24 | 0.26 | 80 | Industrials | |
| Smiths Group PLC | 0.32 | 0.33 | 0.36 | 59 | Industrials | |
| Rolls-Royce Holdings PLC | 0.33 | 0.31 | 0.35 | 75 | Industrials |
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