Looking to diversify beyond HTAE.TO? The ETFs below have the lowest correlation with HTAE.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 HTAE.TO.
Best Diversifiers for HTAE.TO
7 ETFs have low correlation with HTAE.TO (below 0.3), 2 of which are negatively correlated. The least correlated is Harvest Equal Weight Global Utilities Income ETF (HUTL.TO) (Utilities Equities) with a 1Y correlation of -0.05, roughly unchanged from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Harvest Equal Weight Global Utilities Income ETF | -0.05 | -0.08 | — | 58 | Utilities Equities | HTAE.TO vs HUTL.TO | |
| Harvest Equal Weight Global Utilities Enhanced Inc... | -0.04 | -0.04 | — | 58 | Derivative Income, Utilities Equities | HTAE.TO vs HUTE.TO | |
| Harvest Canadian T-Bill ETF | 0.06 | — | — | 99 | Money Market | HTAE.TO vs TBIL.TO | |
| BMO Equal Weight Utilities Index ETF | 0.09 | 0.17 | — | 65 | Utilities Equities | HTAE.TO vs ZUT.TO | |
| Global X Artificial Intelligence Semiconductor Ind... | 0.15 | 0.13 | — | 94 | Semiconductors, Technology Equities | HTAE.TO vs CHPS-U.TO |
See all 44 diversifiers for HTAE.TO
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