Looking to diversify beyond BRKY.NEO? The ETFs below have the lowest correlation with BRKY.NEO — 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 BRKY.NEO.
Best Diversifiers for BRKY.NEO
25 ETFs have low correlation with BRKY.NEO (below 0.3), 3 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NVIDIA (NVDA) Yield Shares Purpose ETF | -0.17 | — | — | 65 | Derivative Income | BRKY.NEO vs YNVD.NEO | |
| iShares MSCI USA Momentum Factor Index ETF | -0.03 | 0.11 | 0.11 | 65 | Momentum, Large Cap Blend Equities | BRKY.NEO vs XMTM.TO | |
| TD Active U.S. Enhanced Dividend CAD Hedged ETF | -0.02 | 0.05 | — | 50 | Dividend, Large Cap Blend Equities | BRKY.NEO vs TUEX.TO | |
| Purpose Cash Management Fund | 0.00 | -0.03 | — | 100 | Money Market | BRKY.NEO vs MNY.TO | |
| Invesco NASDAQ 100 Index ETF CAD Hedged | 0.02 | 0.17 | — | 66 | Nasdaq-100 | BRKY.NEO vs QQC-F.TO |
See all 27 diversifiers for BRKY.NEO
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