Looking to diversify beyond ETHX-B.TO? The ETFs below have the lowest correlation with ETHX-B.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 ETHX-B.TO.
Best Diversifiers for ETHX-B.TO
8 ETFs have low correlation with ETHX-B.TO (below 0.3), 1 of which are negatively correlated. The least correlated is CI Canadian Short-Term Aggregate Bond Index ETF (CAGS.TO) (Short-Term Bond) with a 1Y correlation of -0.00, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Canadian Short-Term Aggregate Bond Index ETF | -0.00 | 0.01 | 0.01 | 63 | Short-Term Bond | ETHX-B.TO vs CAGS.TO | |
| CI Money Market ETF CAD Series | 0.01 | — | — | 99 | Money Market | ETHX-B.TO vs CMNY.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | 0.04 | 0.05 | — | 78 | Commodities | ETHX-B.TO vs CCOM.TO | |
| CI Energy Giants Covered Call ETF Common Units (CA... | 0.05 | 0.07 | 0.13 | 64 | Energy Equities, Derivative Income | ETHX-B.TO vs NXF.TO | |
| CI Global Core Plus Equity ETF | 0.14 | 0.20 | 0.18 | 88 | Global Equities | ETHX-B.TO vs ONEQ.TO |
See all 9 diversifiers for ETHX-B.TO
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