Looking to diversify beyond ESGG.TO? The ETFs below have the lowest correlation with ESGG.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 ESGG.TO.
Best Diversifiers for ESGG.TO
3 ETFs have low correlation with ESGG.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO Money Market Fund ETF Series (ZMMK.TO) (Money Market) with a 1Y correlation of 0.12, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Money Market Fund ETF Series | 0.12 | 0.04 | — | 99 | Money Market | ESGG.TO vs ZMMK.TO | |
| TD Active Global Infrastructure Equity ETF | 0.24 | 0.31 | 0.34 | 69 | Global Equities | ESGG.TO vs TINF.TO | |
| iShares Core MSCI Global Quality Dividend Index ET... | 0.26 | 0.32 | 0.35 | 72 | Global Equities | ESGG.TO vs XDGH.TO | |
| CI Global Core Plus Equity ETF | 0.40 | 0.44 | 0.46 | 87 | Global Equities | ESGG.TO vs ONEQ.TO | |
| iShares International Fundamental Common Class | 0.48 | 0.46 | 0.44 | 85 | Global Equities | ESGG.TO vs CIE.NEO |
See all 14 diversifiers for ESGG.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESGG.TO
Add ESGG.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGG.TO