Looking to diversify beyond CASV.TO? The ETFs below have historically moved differently from CASV.TO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CASV.TO
0 ETFs have low correlation with CASV.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) (Artificial Intelligence) with a 1Y correlation of 0.46, roughly unchanged from 0.46 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Artificial Intelligence Semiconductor Ind... | 0.46 | 0.46 | 0.46 | 80 | Artificial Intelligence, Semiconductors, Technology Equities | CASV.TO vs CHPS.TO | |
| iShares S&P/TSX SmallCap Index ETF | 0.52 | 0.52 | 0.52 | 67 | Canada Equities | CASV.TO vs XCS.TO | |
| Global X Equal Weight Banks Index ETF | 0.57 | 0.57 | 0.57 | 98 | Financials Equities, Equal Weight | CASV.TO vs HBNK.TO | |
| BMO All-Equity ETF | 0.64 | 0.64 | 0.64 | 83 | Global Equities | CASV.TO vs ZEQT.TO | |
| iShares Core S&P U.S. Total Market Index ETF | 0.64 | 0.64 | 0.64 | 70 | Large Cap Blend Equities | CASV.TO vs XUU.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CASV.TO
Add CASV.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CASV.TO