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Meta Platforms Inc. CDR (META.NEO) Diversifiers

Equity · Main listing META · Currency in CAD · Last updated Jun 4, 2026

Meta Platforms, Inc. develops products that enable people to connect and share through mobile devices, personal computers, virtual reality headsets, and wearables. It operates two main segments: Family of Apps, which includes platforms like Facebook, Instagram, Messenger, and WhatsApp for social interaction and communication, and Reality Labs, which provides augmented and virtual reality hardware, software, and content.

Looking to balance out your exposure to META.NEO? The ETFs below have the lowest correlation with META.NEO — they tend to move on their own, which can help reduce risk when META.NEO drops. The stock ideas table highlights individual companies that behave independently from META.NEO.

Best Diversifiers for META.NEO

1 ETFs have low correlation with META.NEO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Canadian Value Index ETF (XCV.TO) (Canada Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.18 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XCV.TO
iShares Canadian Value Index ETF0.140.18—
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Canada EquitiesMETA.NEO vs XCV.TO

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Diversification Analysis

Build a portfolio that complements META.NEO

Add META.NEO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with META.NEO