Looking to diversify beyond ETC.TO? The ETFs below have the lowest correlation with ETC.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 ETC.TO.
Best Diversifiers for ETC.TO
4 ETFs have low correlation with ETC.TO (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Evolve Canadian Utilities Enhanced Yield Index Fun... | -0.12 | — | — | 75 | Derivative Income | ETC.TO vs UTES.TO | |
| Evolve Canadian Energy Enhanced Yield Index Fund E... | -0.01 | — | — | 77 | Energy Equities | ETC.TO vs OILY.TO | |
| Evolve High Interest Savings Account ETF | 0.13 | 0.10 | — | 86 | Money Market | ETC.TO vs HISA.NEO | |
| Evolve Canadian Banks and Lifecos Enhanced Yield I... | 0.29 | 0.24 | — | 96 | Derivative Income | ETC.TO vs BANK.TO | |
| Vanguard S&P 500 Index ETF | 0.46 | 0.33 | — | 74 | S&P 500 | ETC.TO vs VFV.TO |
See all 7 diversifiers for ETC.TO
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