Looking to diversify beyond CCAD.TO? The ETFs below have the lowest correlation with CCAD.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 CCAD.TO.
Best Diversifiers for CCAD.TO
13 ETFs have low correlation with CCAD.TO (below 0.3), 4 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X USD Cash Maximizer Corporate Class ETF | -0.07 | — | — | 95 | Money Market | CCAD.TO vs HSUV-U.TO | |
| Evolve US High Interest Savings Account Fund | -0.06 | — | — | 99 | Money Market | CCAD.TO vs HISU-U.TO | |
| CI High Interest Savings ETF | -0.04 | — | — | 100 | Money Market | CCAD.TO vs CSAV.TO | |
| Purpose High Interest Savings Fund | -0.02 | — | — | 100 | Money Market | CCAD.TO vs PSA.TO | |
| Purpose Cash Management Fund | 0.01 | 0.03 | — | 100 | Money Market | CCAD.TO vs MNY.TO |
See all 13 diversifiers for CCAD.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CCAD.TO
Add CCAD.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CCAD.TO