Looking to diversify beyond LONG.TO? The ETFs below have the lowest correlation with LONG.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 LONG.TO.
Best Diversifiers for LONG.TO
4 ETFs have low correlation with LONG.TO (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Money Market ETF CAD Series | -0.03 | — | — | 99 | Money Market | LONG.TO vs CMNY.TO | |
| CI Auspice Broad Commodity Fund ETF Hedged Units | 0.00 | 0.02 | — | 65 | Commodities | LONG.TO vs CCOM.TO | |
| CI Morningstar International Value Index ETF (Unhe... | 0.00 | 0.11 | 0.17 | 72 | Foreign Small & Mid Cap Equities | LONG.TO vs VXM-B.TO | |
| CI Equity Asset Allocation ETF | 0.12 | 0.14 | — | 92 | Diversified Portfolio | LONG.TO vs CEQT.TO | |
| iShares Genomics Immunology and Healthcare Index E... | 0.30 | 0.31 | — | 92 | Health & Biotech Equities | LONG.TO vs XDNA.TO |
Diversification Analysis
Build a portfolio that complements LONG.TO
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