Looking to diversify beyond MEQT.TO? The ETFs below have the lowest correlation with MEQT.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 MEQT.TO.
Best Diversifiers for MEQT.TO
2 ETFs have low correlation with MEQT.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) (Global Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Innovative Bluechip Top 10 Index ETF | 0.19 | 0.24 | 0.24 | 77 | Global Equities | MEQT.TO vs TTTX.TO | |
| iShares Global Monthly Dividend Index ETF (CAD-Hed... | 0.28 | 0.24 | 0.24 | 75 | Global Equities | MEQT.TO vs CYH.TO | |
| iShares Core MSCI Global Quality Dividend Index ET... | 0.35 | — | — | 52 | Global Equities | MEQT.TO vs XDGH.TO | |
| iShares Core MSCI Global Quality Dividend Index ET... | 0.39 | — | — | 54 | Global Equities | MEQT.TO vs XDG.TO | |
| Brompton Global Infrastructure ETF | 0.50 | — | — | 57 | Global Equities | MEQT.TO vs BGIE.TO |
See all 27 diversifiers for MEQT.TO
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