Looking to diversify beyond BGIE.TO? The ETFs below have the lowest correlation with BGIE.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from BGIE.TO.
Best Diversifiers for BGIE.TO
10 ETFs have low correlation with BGIE.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO Global Infrastructure Index ETF (ZGI.TO) (Industrials Equities) with a 1Y correlation of 0.05, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Global Infrastructure Index ETF | 0.05 | 0.24 | 0.27 | 52 | Industrials Equities | BGIE.TO vs ZGI.TO | |
| Global X Innovative Bluechip Top 10 Index ETF | 0.14 | — | — | 67 | Global Equities | BGIE.TO vs TTTX.TO | |
| Brompton Canadian Cash Flow Kings ETF | 0.20 | — | — | 95 | Canada Equities | BGIE.TO vs KNGC.TO | |
| iShares MSCI Min Vol EAFE Index ETF | 0.23 | 0.28 | 0.23 | 53 | Global Equities | BGIE.TO vs XMI.TO | |
| iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged) | 0.23 | 0.24 | 0.30 | 60 | Global Equities | BGIE.TO vs XML.TO |
See all 43 diversifiers for BGIE.TO
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