Looking to diversify beyond FSF.TO? The ETFs below have the lowest correlation with FSF.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 FSF.TO.
Best Diversifiers for FSF.TO
10 ETFs have low correlation with FSF.TO (below 0.3), 1 of which are negatively correlated. The least correlated is CI Auspice Broad Commodity Fund ETF Hedged Units (CCOM.TO) (Commodities) with a 1Y correlation of -0.00, roughly unchanged from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Auspice Broad Commodity Fund ETF Hedged Units | -0.00 | 0.05 | — | 65 | Commodities | FSF.TO vs CCOM.TO | |
| CI Morningstar International Value Index ETF (Unhe... | 0.17 | 0.27 | 0.33 | 72 | Foreign Small & Mid Cap Equities | FSF.TO vs VXM-B.TO | |
| iShares S&P/TSX Capped Financials Index ETF | 0.20 | 0.27 | 0.39 | 96 | Financials Equities, Canada Equities | FSF.TO vs XFN.TO | |
| iShares Equal Weight Banc & Lifeco ETF | 0.20 | 0.28 | 0.39 | 97 | Financials Equities, Equal Weight | FSF.TO vs CEW.TO | |
| Hamilton Canadian Bank Equal-Weight Index ETF | 0.21 | 0.27 | — | 97 | Financials Equities | FSF.TO vs HEB.TO |
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