Looking to diversify beyond GLCL.TO? The ETFs below have the lowest correlation with GLCL.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 GLCL.TO.
Best Diversifiers for GLCL.TO
9 ETFs have low correlation with GLCL.TO (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X High Interest Savings ETF | -0.05 | — | — | 100 | Money Market | GLCL.TO vs CASH.TO | |
| Global X Cash Maximizer Corporate Class ETF | 0.00 | -0.00 | -0.00 | 66 | Bank Loan | GLCL.TO vs HSAV.TO | |
| Global X 0-3 Month T-Bill ETF | 0.01 | -0.01 | -0.01 | 99 | Canadian Government Bonds | GLCL.TO vs CBIL.TO | |
| Global X Enhanced S&P 500 Covered Call ETF | 0.19 | — | — | 75 | Derivative Income, S&P 500 | GLCL.TO vs USCL.TO | |
| Global X Enhanced NASDAQ-100 Covered Call ETF | 0.20 | — | — | 81 | Nasdaq-100, Derivative Income | GLCL.TO vs QQCL.TO |
See all 10 diversifiers for GLCL.TO
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