Looking to balance out your exposure to USA.TO? The ETFs below have the lowest correlation with USA.TO — they tend to move on their own, which can help reduce risk when USA.TO drops. The stock ideas table highlights individual companies that behave independently from USA.TO.
No Diversifiers Found for USA.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 USA.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USA.TO and solid risk/return profiles. The least correlated is Collective Mining Ltd (CNL.TO) (Basic Materials) with a 1Y correlation of 0.50, up from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Collective Mining Ltd | 0.50 | 0.38 | 0.32 | 62 | Basic Materials | |
| Sprott Physical Gold and Silver Trust | 0.58 | 0.49 | 0.45 | 77 | Financial Services |
Build a portfolio that complements USA.TO
Add USA.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USA.TO