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NBI Sustainable Canadian Equity ETF (NSCE.TO) Diversifiers

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

The NBI Sustainable Canadian Equity ETF seeks to provide long-term capital growth while following a sustainable approach to investing in a portfolio primarily of equity securities of Canadian companies, excluding companies in extractive industries, arms, tobacco, and other restricted sectors.

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

Best Diversifiers for NSCE.TO

0 ETFs have low correlation with NSCE.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) (Canada Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.46 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETF0.490.510.46
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Canada EquitiesNSCE.TO vs XIC.TO

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Diversification Analysis

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