Looking to diversify beyond CAGG.TO? The ETFs below have the lowest correlation with CAGG.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 CAGG.TO.
Best Diversifiers for CAGG.TO
8 ETFs have low correlation with CAGG.TO (below 0.3), 3 of which are negatively correlated. The least correlated is CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) (Energy Equities) with a 1Y correlation of -0.27, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.27 | -0.14 | -0.08 | 64 | Energy Equities, Derivative Income | CAGG.TO vs NXF.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | -0.10 | -0.04 | — | 78 | Commodities | CAGG.TO vs CCOM.TO | |
| CI Money Market ETF CAD Series | -0.05 | — | — | 99 | Money Market | CAGG.TO vs CMNY.TO | |
| CI Global Core Plus Equity ETF | 0.07 | 0.05 | 0.06 | 88 | Global Equities | CAGG.TO vs ONEQ.TO | |
| CI Equity Asset Allocation ETF | 0.21 | 0.12 | — | 92 | Diversified Portfolio | CAGG.TO vs CEQT.TO |
See all 10 diversifiers for CAGG.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CAGG.TO
Add CAGG.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CAGG.TO