Looking to diversify beyond HQU.TO? The ETFs below have the lowest correlation with HQU.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 HQU.TO.
Best Diversifiers for HQU.TO
5 ETFs have low correlation with HQU.TO (below 0.3), 4 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.16 | — | — | 58 | Leveraged Equities | HQU.TO vs NRGU | |
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.11 | -0.05 | — | 51 | Leveraged Equities | HQU.TO vs 3XLE.L | |
| Leverage Shares 3x BP ETP GBX | -0.10 | -0.02 | 0.03 | 58 | Leveraged Equities | HQU.TO vs 3BP.L | |
| Global X High Interest Savings ETF | -0.07 | 0.02 | — | 100 | Money Market | HQU.TO vs CASH.TO | |
| Motilal Oswal NASDAQ 100 ETF | 0.06 | 0.06 | 0.04 | 94 | Nasdaq-100 | HQU.TO vs MON100.NS |
See all 53 diversifiers for HQU.TO
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