Looking to diversify beyond PSU-U.TO? The ETFs below have the lowest correlation with PSU-U.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 PSU-U.TO.
Best Diversifiers for PSU-U.TO
13 ETFs have low correlation with PSU-U.TO (below 0.3), 4 of which are negatively correlated. The least correlated is Purpose Enhanced Dividend Fund ETF (PDIV.TO) (Dividend) with a 1Y correlation of -0.06, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Purpose Enhanced Dividend Fund ETF | -0.06 | -0.09 | -0.16 | 87 | Dividend | PSU-U.TO vs PDIV.TO | |
| Evolve High Interest Savings Account ETF | -0.05 | -0.00 | 0.01 | 99 | Money Market | PSU-U.TO vs HISA.NEO | |
| Global X USD Cash Maximizer Corporate Class ETF | -0.01 | 0.09 | 0.18 | 94 | Money Market | PSU-U.TO vs HSUV-U.TO | |
| BMO Money Market Fund ETF Series | -0.00 | 0.01 | 0.01 | 99 | Money Market | PSU-U.TO vs ZMMK.TO | |
| CIBC Premium Cash Management ETF | 0.01 | — | — | 99 | Money Market | PSU-U.TO vs CCAD.TO |
See all 15 diversifiers for PSU-U.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PSU-U.TO
Add PSU-U.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSU-U.TO