Looking to balance out your exposure to RCI-A.TO? The ETFs below have the lowest correlation with RCI-A.TO — they tend to move on their own, which can help reduce risk when RCI-A.TO drops. The stock ideas table highlights individual companies that behave independently from RCI-A.TO.
Best Diversifiers for RCI-A.TO
1 ETFs have low correlation with RCI-A.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE Canada All Cap Index ETF (VCN.TO) (Canada Equities) with a 1Y correlation of 0.02, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Canada All Cap Index ETF | 0.02 | 0.15 | 0.13 | 83 | Canada Equities | RCI-A.TO vs VCN.TO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RCI-A.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RCI-A.TO and solid risk/return profiles. The least correlated is Rogers Communications Inc (RCI-B.TO) (Communication Services) with a 1Y correlation of 0.60, up from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rogers Communications Inc | 0.60 | 0.47 | 0.46 | 85 | Communication Services |
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