Looking to diversify beyond QUU.TO? The ETFs below have the lowest correlation with QUU.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 QUU.TO.
Best Diversifiers for QUU.TO
5 ETFs have low correlation with QUU.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Brompton Canadian Cash Flow Kings ETF (KNGC.TO) (Canada Equities) with a 1Y correlation of 0.10, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brompton Canadian Cash Flow Kings ETF | 0.10 | 0.16 | 0.16 | 95 | Canada Equities | QUU.TO vs KNGC.TO | |
| Mackenzie Canadian Short Term Fixed Income ETF | 0.15 | 0.06 | 0.02 | 53 | Short-Term Bond | QUU.TO vs MCSB.TO | |
| Mackenzie AAA CLO ETF | 0.19 | — | — | 92 | CLO | QUU.TO vs MAAA.TO | |
| Mackenzie International Equity Index ETF (CAD-Hedg... | 0.25 | 0.24 | 0.21 | 82 | International Equity | QUU.TO vs QDXH.TO | |
| Mackenzie Canadian Short-Term Bond Index ETF | 0.27 | 0.12 | 0.11 | 61 | Short-Term Bond | QUU.TO vs QSB.TO |
See all 46 diversifiers for QUU.TO
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