Looking to diversify beyond CGRA.TO? The ETFs below have the lowest correlation with CGRA.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 CGRA.TO.
Best Diversifiers for CGRA.TO
10 ETFs have low correlation with CGRA.TO (below 0.3), 1 of which are negatively correlated. The least correlated is CI Auspice Broad Commodity Fund ETF Hedged Units (CCOM.TO) (Commodities) with a 1Y correlation of -0.04, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Auspice Broad Commodity Fund ETF Hedged Units | -0.04 | 0.01 | — | 65 | Commodities | CGRA.TO vs CCOM.TO | |
| CI Money Market ETF CAD Series | 0.03 | — | — | 99 | Money Market | CGRA.TO vs CMNY.TO | |
| CI Equity Asset Allocation ETF | 0.09 | 0.13 | — | 92 | Diversified Portfolio | CGRA.TO vs CEQT.TO | |
| CI Morningstar International Value Index ETF (Unhe... | 0.13 | 0.12 | 0.13 | 72 | Foreign Small & Mid Cap Equities | CGRA.TO vs VXM-B.TO | |
| BMO Global Enhanced Income Fund Series ETF | 0.13 | 0.14 | — | 94 | Global Allocation | CGRA.TO vs ZWQT.TO |
See all 10 diversifiers for CGRA.TO
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