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Global X Artificial Intelligence Infrastructure Index ETF (MTRX.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

The Global X Artificial Intelligence Infrastructure Index ETF seeks to replicate the performance of the Mirae Asset AI Infrastructure CAD Index, providing exposure to global publicly listed companies involved in supporting the infrastructure requirements arising from artificial intelligence operations.

Looking to diversify beyond MTRX.TO? The ETFs below have the lowest correlation with MTRX.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 MTRX.TO.

Best Diversifiers for MTRX.TO

7 ETFs have low correlation with MTRX.TO (below 0.3), 1 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CASH.TO
Global X High Interest Savings ETF-0.01——
100
Money MarketMTRX.TO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETF0.020.020.02
99
Canadian Government BondsMTRX.TO vs CBIL.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETF0.03——
66
Bank LoanMTRX.TO vs HSAV.TO
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF0.09——
84
Utilities EquitiesMTRX.TO vs XUT.TO
CHPS-U.TO
Global X Artificial Intelligence Semiconductor Ind...0.20——
94
Semiconductors, Technology EquitiesMTRX.TO vs CHPS-U.TO
See all 40 diversifiers for MTRX.TO

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Diversification Analysis

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