Looking to diversify beyond CROP.TO? The ETFs below have the lowest correlation with CROP.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 CROP.TO.
Best Diversifiers for CROP.TO
2 ETFs have low correlation with CROP.TO (below 0.3), 1 of which are negatively correlated. The least correlated is BMO Low Volatility Canadian Equity ETF (ZLB.TO) (Canada Equities) with a 1Y correlation of -0.07, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Low Volatility Canadian Equity ETF | -0.07 | 0.12 | — | 62 | Canada Equities | CROP.TO vs ZLB.TO | |
| Purpose Strategic Yield Fund | 0.27 | 0.25 | — | 95 | CROP.TO vs SYLD.TO |
Diversification Analysis
Build a portfolio that complements CROP.TO
Add CROP.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CROP.TO