Looking to diversify beyond RBOT.TO? The ETFs below have the lowest correlation with RBOT.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 RBOT.TO.
Best Diversifiers for RBOT.TO
4 ETFs have low correlation with RBOT.TO (below 0.3), 2 of which are negatively correlated. The least correlated is Global X 0-3 Month T-Bill ETF (CBIL.TO) (Canadian Government Bonds) with a 1Y correlation of -0.00, roughly unchanged from 0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X 0-3 Month T-Bill ETF | -0.00 | 0.00 | — | 99 | Canadian Government Bonds | RBOT.TO vs CBIL.TO | |
| Global X Cash Maximizer Corporate Class ETF | -0.00 | -0.00 | 0.00 | 66 | Bank Loan | RBOT.TO vs HSAV.TO | |
| Global X High Interest Savings ETF | 0.02 | 0.02 | — | 100 | Money Market | RBOT.TO vs CASH.TO | |
| Global X Artificial Intelligence Semiconductor Ind... | 0.22 | 0.25 | — | 94 | Semiconductors, Technology Equities | RBOT.TO vs CHPS-U.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.33 | 0.38 | 0.42 | 98 | Dividend | RBOT.TO vs VDY.TO |
See all 24 diversifiers for RBOT.TO
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