Looking to diversify beyond FGEP.TO? The ETFs below have the lowest correlation with FGEP.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 FGEP.TO.
Best Diversifiers for FGEP.TO
1 ETFs have low correlation with FGEP.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Innovative Bluechip Top 10 Index ETF | 0.05 | — | — | 77 | Global Equities | FGEP.TO vs TTTX.TO | |
| iShares Global Monthly Dividend Index ETF (CAD-Hed... | 0.45 | 0.47 | 0.47 | 75 | Global Equities | FGEP.TO vs CYH.TO | |
| iShares Core MSCI Global Quality Dividend Index ET... | 0.47 | — | — | 52 | Global Equities | FGEP.TO vs XDGH.TO | |
| Brompton Global Infrastructure ETF | 0.53 | — | — | 57 | Global Equities | FGEP.TO vs BGIE.TO | |
| Fidelity Canadian Momentum Index ETF | 0.54 | — | — | 76 | Momentum, Canada Equities | FGEP.TO vs FCCM.NEO |
See all 35 diversifiers for FGEP.TO
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Diversification Analysis
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