Looking to balance out your exposure to AMX.V? The ETFs below have the lowest correlation with AMX.V — they tend to move on their own, which can help reduce risk when AMX.V drops. The stock ideas table highlights individual companies that behave independently from AMX.V.
Best Diversifiers for AMX.V
0 ETFs have low correlation with AMX.V (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core Equity ETF Portfolio (XEQT.TO) (Global Equities) with a 1Y correlation of 0.33, up from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core Equity ETF Portfolio | 0.33 | 0.20 | 0.19 | 75 | Global Equities | AMX.V vs XEQT.TO |
Diversification Analysis
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