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Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 3, 2026

The Invesco Morningstar Global Next Gen AI Index ETF seeks to track the performance of the Morningstar Global Next Gen AI Index, providing exposure to global companies positioned to benefit from advancements in artificial intelligence technologies.

Looking to diversify beyond INAI.TO? The ETFs below have the lowest correlation with INAI.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 INAI.TO.

Best Diversifiers for INAI.TO

2 ETFs have low correlation with INAI.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TLV.TO
Invesco S&P/TSX Composite Low Volatility Index ETF0.11——
92
Canada EquitiesINAI.TO vs TLV.TO
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Ind...0.24——
94
Semiconductors, Technology EquitiesINAI.TO vs CHPS-U.TO
ESGC.TO
Invesco S&P/TSX Composite ESG Index ETF0.32——
81
Canada Equities, ESGINAI.TO vs ESGC.TO
XEXP.TO
iShares Exponential Technologies Index ETF0.34——
69
Technology EquitiesINAI.TO vs XEXP.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.40——
69
S&P 500, Derivative IncomeINAI.TO vs EQLI.TO
See all 25 diversifiers for INAI.TO

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Diversification Analysis

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