Looking to balance out your exposure to DXT.TO? The ETFs below have the lowest correlation with DXT.TO — they tend to move on their own, which can help reduce risk when DXT.TO drops. The stock ideas table highlights individual companies that behave independently from DXT.TO.
No Diversifiers Found for DXT.TO
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DXT.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DXT.TO and solid risk/return profiles. The least correlated is Quebecor Inc (QBR-B.TO) (Communication Services) with a 1Y correlation of -0.16, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Quebecor Inc | -0.16 | -0.02 | 0.05 | 96 | Communication Services | |
| Extendicare Inc. | -0.11 | 0.05 | 0.16 | 97 | Healthcare | |
| Quebecor Inc | -0.01 | 0.01 | 0.02 | 96 | Communication Services | |
| AGF Management Ltd | 0.10 | 0.17 | 0.20 | 76 | Financial Services | |
| Dundee Precious Metals Inc. | 0.11 | 0.13 | 0.14 | 88 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DXT.TO
Add DXT.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DXT.TO