Looking to diversify beyond FINT.TO? The ETFs below have the lowest correlation with FINT.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 FINT.TO.
Best Diversifiers for FINT.TO
9 ETFs have low correlation with FINT.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Mackenzie International Equity Index ETF (CAD-Hedged) (QDXH.TO) (International Equity) with a 1Y correlation of 0.24, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Mackenzie International Equity Index ETF (CAD-Hedg... | 0.24 | 0.20 | 0.20 | 82 | International Equity | FINT.TO vs QDXH.TO | |
| First Trust Global Risk Managed Income Index ETF | 0.26 | 0.29 | 0.33 | 92 | Global Equity Income | FINT.TO vs ETP.TO | |
| First Trust Canadian Capital Strength ETF | 0.26 | 0.21 | 0.29 | 84 | Canada Equities | FINT.TO vs FST.TO | |
| CI Morningstar International Value CAD Hedged | 0.26 | 0.24 | 0.29 | 87 | International Equity | FINT.TO vs VXM.TO | |
| Vanguard FTSE Developed All Cap ex North America I... | 0.27 | 0.16 | 0.21 | 82 | International Equity | FINT.TO vs VI.TO |
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