Looking to diversify beyond BTCC-U.TO? The ETFs below have the lowest correlation with BTCC-U.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 BTCC-U.TO.
Best Diversifiers for BTCC-U.TO
4 ETFs have low correlation with BTCC-U.TO (below 0.3), 1 of which are negatively correlated. The least correlated is Purpose Cash Management Fund (MNY.TO) (Money Market) with a 1Y correlation of -0.01, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Purpose Cash Management Fund | -0.01 | 0.04 | — | 100 | Money Market | BTCC-U.TO vs MNY.TO | |
| Purpose High Interest Savings Fund | 0.01 | 0.02 | 0.01 | 100 | Money Market | BTCC-U.TO vs PSA.TO | |
| Purpose US Cash Fund | 0.04 | 0.05 | -0.00 | 99 | Money Market | BTCC-U.TO vs PSU-U.TO | |
| Purpose Multi-Strategy Market Neutral Fund | 0.25 | 0.20 | 0.27 | 64 | Long-Short | BTCC-U.TO vs PMM.TO | |
| NVIDIA (NVDA) Yield Shares Purpose ETF | 0.33 | — | — | 62 | Derivative Income | BTCC-U.TO vs YNVD.NEO |
See all 6 diversifiers for BTCC-U.TO
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