Looking to diversify beyond CBH.TO? The ETFs below have the lowest correlation with CBH.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 CBH.TO.
Best Diversifiers for CBH.TO
7 ETFs have low correlation with CBH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) (Canada Equities) with a 1Y correlation of 0.01, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P/TSX Composite High Dividend Index ETF | 0.01 | 0.20 | 0.12 | 98 | Canada Equities | CBH.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.12 | 0.20 | 0.12 | 98 | Dividend, Large Cap Value Equities | CBH.TO vs XDIV.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.22 | 0.16 | 0.14 | 66 | Nasdaq-100 | CBH.TO vs XQQ.TO | |
| iShares Core S&P 500 Index ETF | 0.25 | 0.19 | 0.15 | 73 | S&P 500 | CBH.TO vs XUS.TO | |
| iShares Core S&P 500 Index ETF (CAD-Hedged) | 0.27 | 0.21 | 0.16 | 61 | S&P 500 | CBH.TO vs XSP.TO |
See all 10 diversifiers for CBH.TO
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