Looking to diversify beyond CNDU.TO? The ETFs below have the lowest correlation with CNDU.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 CNDU.TO.
Best Diversifiers for CNDU.TO
1 ETFs have low correlation with CNDU.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Index ETF | 0.25 | — | — | 81 | Leveraged Equities, S&P 500 | CNDU.TO vs USSL.TO | |
| Global X Enhanced Nasdaq-100 Index ETF | 0.33 | — | — | 84 | Nasdaq-100, Leveraged Equities | CNDU.TO vs QQQL.TO | |
| MegaLong (3X) US Semiconductors Daily Leveraged Al... | 0.39 | — | — | 98 | Leveraged Equities | CNDU.TO vs SOXU.TO | |
| BetaPro NASDAQ-100 2x Daily Bull ETF | 0.58 | 0.56 | 0.61 | 66 | Nasdaq-100, Leveraged Equities | CNDU.TO vs QQU.TO | |
| Global X Enhanced All-Equity Asset Allocation ETF ... | 0.69 | — | — | 81 | Leveraged Equities | CNDU.TO vs HEQL.TO |
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