Looking to diversify beyond SPLT.TO? The ETFs below have the lowest correlation with SPLT.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 SPLT.TO.
Best Diversifiers for SPLT.TO
23 ETFs have low correlation with SPLT.TO (below 0.3), 4 of which are negatively correlated. The least correlated is Global X High Interest Savings ETF (CASH.TO) (Money Market) with a 1Y correlation of -0.06, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X High Interest Savings ETF | -0.06 | 0.03 | 0.03 | 100 | Money Market | SPLT.TO vs CASH.TO | |
| Brompton Sustainable Real Assets Dividend ETF | -0.03 | — | — | 60 | Global Equities | SPLT.TO vs BREA.TO | |
| Global X Laddered Canadian Preferred Share Index C... | -0.02 | — | — | 97 | Preferred Stock/Convertible Bonds | SPLT.TO vs HLPR.TO | |
| iShares S&P/TSX Canadian Preferred Share Index ETF | -0.00 | — | — | 93 | Preferred Stock/Convertible Bonds | SPLT.TO vs CPD.TO | |
| BMO CA High Dividend Covered Call ETF | 0.02 | — | — | 92 | Derivative Income | SPLT.TO vs ZWC.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPLT.TO
Add SPLT.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPLT.TO