Micron CDR (CAD Hedged) (MU.TO) Diversifiers

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

Micron CDR (CAD Hedged) is a Canadian Depositary Receipt that provides CAD-denominated, currency-hedged exposure to Micron Technology, Inc., a U.S.-based semiconductor company that designs, develops, manufactures, and sells memory and storage products including DRAM, NAND, SSDs, and related technologies.

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

Best Diversifiers for MU.TO

1 ETFs have low correlation with MU.TO (below 0.3), 0 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.09	—	—	98	Dividend	MU.TO vs VDY.TO

Diversification Analysis

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