Looking to diversify beyond QQCC.TO? The ETFs below have historically moved differently from QQCC.TO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for QQCC.TO
35 ETFs have low correlation with QQCC.TO (below 0.3), 17 of which are negatively correlated. The least correlated is BetaPro Inverse Bitcoin ETF (BITI.TO) (Leveraged Cryptocurrency) with a 1Y correlation of -0.43, down from -0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BetaPro Inverse Bitcoin ETF | -0.43 | -0.28 | -0.28 | 54 | Leveraged Cryptocurrency | QQCC.TO vs BITI.TO | |
| Evolve Canadian Utilities Enhanced Yield Index Fun... | -0.32 | — | — | 67 | Utilities Equities, Derivative Income, Leveraged Equities | QQCC.TO vs UTES.TO | |
| BMO Covered Call Utilities ETF | -0.26 | -0.08 | 0.06 | 67 | Utilities Equities, Derivative Income | QQCC.TO vs ZWU.TO | |
| Global X Equal Weight Canadian Pipelines Index ETF | -0.25 | 0.03 | 0.17 | 91 | Energy Equities, Equal Weight | QQCC.TO vs PPLN.TO | |
| Global X Canadian Oil and Gas Equity Covered Call ... | -0.21 | 0.02 | 0.11 | 93 | Derivative Income, Energy Equities | QQCC.TO vs ENCC.TO |
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