Looking to diversify beyond KILO-B.TO? The ETFs below have the lowest correlation with KILO-B.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 KILO-B.TO.
Best Diversifiers for KILO-B.TO
7 ETFs have low correlation with KILO-B.TO (below 0.3), 2 of which are negatively correlated. The least correlated is Purpose Cash Management Fund (MNY.TO) (Money Market) with a 1Y correlation of -0.02, roughly unchanged from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Purpose Cash Management Fund | -0.02 | -0.03 | — | 100 | Money Market | KILO-B.TO vs MNY.TO | |
| Purpose High Interest Savings Fund | -0.01 | -0.00 | 0.01 | 99 | Money Market | KILO-B.TO vs PSA.TO | |
| Purpose USD Cash Management ETF | 0.01 | 0.01 | — | 100 | Ultrashort Bond, Money Market | KILO-B.TO vs MNU-U.TO | |
| Purpose US Cash Fund | 0.02 | 0.02 | 0.01 | 100 | Money Market | KILO-B.TO vs PSU-U.TO | |
| Broadcom (AVGO) Yield Shares Purpose ETF | 0.04 | — | — | 54 | Derivative Income, Semiconductors | KILO-B.TO vs YAVG.NEO |
See all 9 diversifiers for KILO-B.TO
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Diversification Analysis
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