Looking to diversify beyond CYH.TO? The ETFs below have the lowest correlation with CYH.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 CYH.TO.
Best Diversifiers for CYH.TO
4 ETFs have low correlation with CYH.TO (below 0.3), 1 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 -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Innovative Bluechip Top 10 Index ETF | -0.14 | -0.11 | -0.11 | 77 | Global Equities | CYH.TO vs TTTX.TO | |
| CI Munro Global Growth Equity Fund | 0.24 | 0.19 | 0.21 | 69 | Global Equities | CYH.TO vs CMGG.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.26 | 0.28 | 0.38 | 66 | Nasdaq-100 | CYH.TO vs XQQ.TO | |
| Mackenzie All-Equity Allocation ETF | 0.28 | 0.24 | 0.24 | 88 | Global Equities | CYH.TO vs MEQT.TO | |
| Brompton Sustainable Real Assets Dividend ETF | 0.32 | 0.40 | 0.35 | 60 | Global Equities | CYH.TO vs BREA.TO |
See all 38 diversifiers for CYH.TO
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