Looking to diversify beyond HISA.NEO? The ETFs below have the lowest correlation with HISA.NEO — 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 HISA.NEO.
Best Diversifiers for HISA.NEO
20 ETFs have low correlation with HISA.NEO (below 0.3), 5 of which are negatively correlated. The least correlated is Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO) (Money Market) with a 1Y correlation of -0.12, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X USD Cash Maximizer Corporate Class ETF | -0.12 | -0.03 | -0.03 | 95 | Money Market | HISA.NEO vs HSUV-U.TO | |
| Evolve US High Interest Savings Account Fund | -0.12 | -0.02 | — | 99 | Money Market | HISA.NEO vs HISU-U.TO | |
| Harvest Canadian T-Bill ETF | -0.05 | — | — | 99 | Money Market | HISA.NEO vs TBIL.TO | |
| CI Money Market ETF CAD Series | -0.03 | — | — | 99 | Money Market | HISA.NEO vs CMNY.TO | |
| Evolve Canadian Utilities Enhanced Yield Index Fun... | -0.03 | -0.03 | -0.03 | 82 | Derivative Income | HISA.NEO vs UTES.TO |
See all 20 diversifiers for HISA.NEO
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