Looking to diversify beyond DLR.TO? The ETFs below have the lowest correlation with DLR.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 DLR.TO.
Best Diversifiers for DLR.TO
10 ETFs have low correlation with DLR.TO (below 0.3), 3 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Equal Weight Banks Index ETF | -0.22 | — | — | 96 | Financials Equities | DLR.TO vs HBNK.TO | |
| Global X S&P/TSX 60 Corporate Class ETF | -0.21 | -0.30 | -0.44 | 87 | Canada Equities | DLR.TO vs HXT.TO | |
| Global X High Interest Savings ETF | -0.05 | 0.04 | — | 100 | Money Market | DLR.TO vs CASH.TO | |
| Global X Artificial Intelligence Semiconductor Ind... | 0.02 | -0.13 | — | 94 | Semiconductors, Technology Equities | DLR.TO vs CHPS.TO | |
| Global X 0-3 Month T-Bill ETF | 0.03 | 0.04 | — | 99 | Canadian Government Bonds | DLR.TO vs CBIL.TO |
See all 10 diversifiers for DLR.TO
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