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CI Munro Global Growth Equity Fund (CMGG.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

The CI Munro Global Growth Equity Fund is an actively managed ETF sub-advised by Munro Partners that invests in global growth equities. The fund uses fundamental and quantitative analysis with a bottom-up and top-down approach to identify companies poised to benefit from structural and thematic changes across global markets.

Looking to diversify beyond CMGG.TO? The ETFs below have the lowest correlation with CMGG.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 CMGG.TO.

Best Diversifiers for CMGG.TO

4 ETFs have low correlation with CMGG.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) (Global Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.18 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF0.140.180.18
77
Global EquitiesCMGG.TO vs TTTX.TO
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ET...0.220.240.27
52
Global EquitiesCMGG.TO vs XDGH.TO
CYH.TO
iShares Global Monthly Dividend Index ETF (CAD-Hed...0.240.190.21
75
Global EquitiesCMGG.TO vs CYH.TO
XDG.TO
iShares Core MSCI Global Quality Dividend Index ET...0.290.230.24
54
Global EquitiesCMGG.TO vs XDG.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.310.290.28
98
DividendCMGG.TO vs VDY.TO
See all 34 diversifiers for CMGG.TO

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Diversification Analysis

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