Looking to diversify beyond HPYT.TO? The ETFs below have the lowest correlation with HPYT.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 HPYT.TO.
Best Diversifiers for HPYT.TO
45 ETFs have low correlation with HPYT.TO (below 0.3), 6 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hamilton Energy YIELD MAXIMIZER ETF | -0.21 | — | — | 70 | Energy Equities, Derivative Income | HPYT.TO vs EMAX.TO | |
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.19 | — | — | 73 | Energy Equities, Derivative Income | HPYT.TO vs NXF.TO | |
| Global X Enhanced Canadian Oil and Gas Equity Cove... | -0.18 | — | — | 85 | Oil & Gas, Derivative Income | HPYT.TO vs ENCL.TO | |
| Global X Canadian Oil and Gas Equity Covered Call ... | -0.17 | — | — | 85 | Derivative Income, Energy Equities | HPYT.TO vs ENCC.TO | |
| Harvest NVIDIA Enhanced High Income Shares ETF | -0.03 | — | — | 53 | Derivative Income | HPYT.TO vs NVHE.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HPYT.TO
Add HPYT.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HPYT.TO