Looking to diversify beyond CAEM.TO? The ETFs below have the lowest correlation with CAEM.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 CAEM.TO.
Best Diversifiers for CAEM.TO
0 ETFs have low correlation with CAEM.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Emerging Markets Fundamental Index ETF (CWO.NEO) (Emerging Markets Equities) with a 1Y correlation of 0.69, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Emerging Markets Fundamental Index ETF | 0.69 | 0.69 | 0.69 | 63 | Emerging Markets Equities | CAEM.TO vs CWO.NEO |
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