Looking to balance out your exposure to SBC.TO? The ETFs below have historically moved differently from SBC.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 SBC.TO
1 ETFs have low correlation with SBC.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO MSCI Emerging Markets Index ETF (ZEM.TO) (Emerging Markets Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO MSCI Emerging Markets Index ETF | 0.28 | 0.28 | 0.33 | 63 | Emerging Markets Equities | SBC.TO vs ZEM.TO | |
| iShares Core Income Balanced ETF Portfolio | 0.45 | 0.32 | 0.27 | 54 | Diversified Portfolio | SBC.TO vs XINC.TO | |
| Vanguard FTSE Developed All Cap ex North America I... | 0.47 | 0.41 | 0.47 | 77 | Foreign Large Cap Equities, Foreign Small & Mid Cap Equities | SBC.TO vs VIU.TO | |
| iShares MSCI Europe IMI Index ETF | 0.49 | 0.41 | 0.45 | 68 | Europe Equities | SBC.TO vs XEU.TO | |
| BMO Monthly Income ETF | 0.54 | 0.45 | 0.48 | 81 | Diversified Portfolio | SBC.TO vs ZMI.TO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SBC.TO, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Dividend 15 Split Corp. (DFN.TO) (Financial Services) with a 1Y correlation of 0.45, roughly unchanged from 0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dividend 15 Split Corp. | 0.45 | 0.49 | 0.50 | 98 | Financial Services |
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