Looking to diversify beyond CCOM.TO? The ETFs below have the lowest correlation with CCOM.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 CCOM.TO.
Best Diversifiers for CCOM.TO
24 ETFs have low correlation with CCOM.TO (below 0.3), 8 of which are negatively correlated. The least correlated is CI Canadian Short-Term Aggregate Bond Index ETF (CAGS.TO) (Short-Term Bond) with a 1Y correlation of -0.11, roughly unchanged from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Canadian Short-Term Aggregate Bond Index ETF | -0.11 | -0.08 | — | 62 | Short-Term Bond | CCOM.TO vs CAGS.TO | |
| CI Money Market ETF CAD Series | -0.11 | — | — | 99 | Money Market | CCOM.TO vs CMNY.TO | |
| Purpose Global Bond Fund | -0.11 | -0.01 | — | 51 | Global Bonds | CCOM.TO vs BND.TO | |
| CI Global Real Asset Private Pool | -0.06 | 0.01 | — | 83 | Global Allocation | CCOM.TO vs CGRA.TO | |
| CI Global REIT Private Pool | -0.05 | -0.01 | — | 50 | REIT | CCOM.TO vs CGRE.TO |
See all 25 diversifiers for CCOM.TO
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