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Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

Brompton Enhanced Multi-Asset Income ETF is designed to provide attractive monthly distributions and the opportunity for capital appreciation by investing in a leveraged portfolio of Brompton Equity and Fixed Income funds.

Looking to diversify beyond BMAX.TO? The ETFs below have the lowest correlation with BMAX.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 BMAX.TO.

Best Diversifiers for BMAX.TO

8 ETFs have low correlation with BMAX.TO (below 0.3), 3 of which are negatively correlated. The least correlated is Alpha Architect High Inflation And Deflation ETF (HIDE) (Diversified Portfolio) with a 1Y correlation of -0.10, roughly unchanged from -0.09 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HIDE
Alpha Architect High Inflation And Deflation ETF-0.10-0.09—
81
Diversified PortfolioBMAX.TO vs HIDE
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...-0.070.210.26
85
Derivative Income, Energy EquitiesBMAX.TO vs ENCC.TO
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...-0.06——
75
Derivative IncomeBMAX.TO vs UTES.TO
SPLT.TO
Brompton Split Corp. Preferred Share ETF0.09——
54
Preferred Stock/Convertible BondsBMAX.TO vs SPLT.TO
GRO.TO
Franklin Growth ETF Portfolio0.12——
90
Diversified PortfolioBMAX.TO vs GRO.TO
See all 54 diversifiers for BMAX.TO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BMAX.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BMAX.TO and solid risk/return profiles. The least correlated is Dividend 15 Split Corp. (DFN.TO) (Financial Services) with a 1Y correlation of 0.49, roughly unchanged from 0.52 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
DFN.TO
Dividend 15 Split Corp.0.490.52—
96
Financial Services

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Diversification Analysis

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