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
14 ETFs have low correlation with CCAD.TO (below 0.3), 5 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Cash Maximizer Corporate Class ETF | -0.12 | — | — | 67 | Money Market | CCAD.TO vs HSAV.TO | |
| Purpose USD Cash Management ETF | -0.06 | — | — | 100 | Ultrashort Bond, Money Market | CCAD.TO vs MNU-U.TO | |
| CI High Interest Savings ETF | -0.05 | — | — | 99 | Money Market | CCAD.TO vs CSAV.TO | |
| Evolve US High Interest Savings Account Fund | -0.03 | — | — | 100 | Money Market | CCAD.TO vs HISU-U.TO | |
| BMO USD Cash Management ETF | -0.02 | — | — | 57 | Money Market | CCAD.TO vs ZUCM.TO |
See all 14 diversifiers for CCAD.TO
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