Looking to balance out your exposure to GRGD.TO? The ETFs below have the lowest correlation with GRGD.TO — they tend to move on their own, which can help reduce risk when GRGD.TO drops. The stock ideas table highlights individual companies that behave independently from GRGD.TO.
Best Diversifiers for GRGD.TO
1 ETFs have low correlation with GRGD.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 | -0.01 | — | — | 100 | Money Market | GRGD.TO vs CASH.TO | |
| iShares Core Equity ETF Portfolio | 0.34 | — | — | 84 | Global Equities | GRGD.TO vs XEQT.TO | |
| Vanguard All-Equity ETF Portfolio | 0.36 | — | — | 84 | Global Equities | GRGD.TO vs VEQT.TO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GRGD.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRGD.TO and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kraken Robotics Inc | 0.25 | — | — | 72 | Technology | |
| Aritzia Inc. | 0.44 | — | — | 92 | Consumer Cyclical |
Diversification Analysis
Build a portfolio that complements GRGD.TO
Add GRGD.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GRGD.TO