Looking to diversify beyond KNGX.TO? The ETFs below have the lowest correlation with KNGX.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 KNGX.TO.
Best Diversifiers for KNGX.TO
8 ETFs have low correlation with KNGX.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Mackenzie International Equity Index ETF (CAD-Hedg... | 0.18 | — | — | 82 | International Equity | KNGX.TO vs QDXH.TO | |
| Brompton North American Low Volatility Dividend ET... | 0.20 | — | — | 87 | Dividend | KNGX.TO vs BLOV.TO | |
| Brompton Tech Leaders Income ETF | 0.22 | — | — | 59 | Technology Equities, Derivative Income | KNGX.TO vs TLF.TO | |
| Brompton Global Dividend Growth ETF | 0.23 | — | — | 63 | Global Equity Income | KNGX.TO vs BDIV.TO | |
| CI Global Climate Leaders Fund | 0.25 | — | — | 73 | KNGX.TO vs CLML.TO |
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