Looking to diversify beyond CBCX.TO? The ETFs below have the lowest correlation with CBCX.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 CBCX.TO.
Best Diversifiers for CBCX.TO
6 ETFs have low correlation with CBCX.TO (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Money Market ETF CAD Series | -0.01 | — | — | 99 | Money Market | CBCX.TO vs CMNY.TO | |
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.01 | 0.04 | — | 73 | Energy Equities, Derivative Income | CBCX.TO vs NXF.TO | |
| CI Morningstar International Value Index ETF (Unhe... | 0.10 | 0.07 | — | 73 | Foreign Small & Mid Cap Equities | CBCX.TO vs VXM-B.TO | |
| CI Canadian Banks Covered Call Income Class ETF | 0.20 | 0.17 | — | 95 | Financials Equities | CBCX.TO vs CIC.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | 0.22 | 0.16 | — | 70 | Commodities | CBCX.TO vs CCOM.TO |
See all 6 diversifiers for CBCX.TO
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