Looking to diversify beyond CMEY.TO? The ETFs below have the lowest correlation with CMEY.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 CMEY.TO.
Best Diversifiers for CMEY.TO
9 ETFs have low correlation with CMEY.TO (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Money Market ETF CAD Series | -0.04 | — | — | 99 | Money Market | CMEY.TO vs CMNY.TO | |
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.04 | 0.00 | -0.00 | 64 | Energy Equities, Derivative Income | CMEY.TO vs NXF.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | 0.00 | -0.03 | — | 78 | Commodities | CMEY.TO vs CCOM.TO | |
| CI Global Infrastructure Private Pool | 0.01 | 0.10 | 0.10 | 85 | Utilities Equities | CMEY.TO vs CINF.TO | |
| CI Canadian Banks Covered Call Income Class ETF | 0.02 | 0.12 | 0.06 | 97 | Financials Equities | CMEY.TO vs CIC.TO |
See all 9 diversifiers for CMEY.TO
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