Looking to diversify beyond FCSB.NEO? The ETFs below have the lowest correlation with FCSB.NEO — 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 FCSB.NEO.
Best Diversifiers for FCSB.NEO
18 ETFs have low correlation with FCSB.NEO (below 0.3), 1 of which are negatively correlated. The least correlated is CIBC Active Investment Grade Floating Rate Bond ETF (CFRN.TO) (Corporate Bonds) with a 1Y correlation of -0.00, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CIBC Active Investment Grade Floating Rate Bond ET... | -0.00 | -0.03 | -0.02 | 94 | Corporate Bonds | FCSB.NEO vs CFRN.TO | |
| RBC Target 2026 Corporate Bond Index ETF | 0.00 | 0.32 | 0.34 | 98 | Corporate Bonds | FCSB.NEO vs RQO.TO | |
| TD Select U.S. Short Term Corporate Bond Ladder ET... | 0.00 | 0.07 | 0.11 | 50 | Short-Term Bond, Corporate Bonds | FCSB.NEO vs TUSB.TO | |
| Fidelity U.S. Value ETF | 0.06 | 0.02 | -0.00 | 90 | Large Cap Value Equities | FCSB.NEO vs FCUV.TO | |
| Fidelity US Momentum ETF | 0.08 | 0.05 | 0.06 | 58 | Momentum, Large Cap Growth Equities | FCSB.NEO vs FCMO.NEO |
See all 21 diversifiers for FCSB.NEO
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