Looking to diversify beyond CGRE.TO? The ETFs below have the lowest correlation with CGRE.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 CGRE.TO.
Best Diversifiers for CGRE.TO
12 ETFs have low correlation with CGRE.TO (below 0.3), 3 of which are negatively correlated. The least correlated is CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) (Energy Equities) with a 1Y correlation of -0.16, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.16 | -0.03 | 0.02 | 64 | Energy Equities, Derivative Income | CGRE.TO vs NXF.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | -0.04 | -0.01 | — | 78 | Commodities | CGRE.TO vs CCOM.TO | |
| CI Money Market ETF CAD Series | -0.02 | — | — | 99 | Money Market | CGRE.TO vs CMNY.TO | |
| CI Global Core Plus Equity ETF | 0.04 | 0.12 | 0.17 | 89 | Global Equities | CGRE.TO vs ONEQ.TO | |
| CI Canadian Short-Term Aggregate Bond Index ETF | 0.15 | 0.19 | 0.12 | 63 | Short-Term Bond | CGRE.TO vs CAGS.TO |
See all 13 diversifiers for CGRE.TO
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