Looking to diversify beyond TGGR.TO? The ETFs below have the lowest correlation with TGGR.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 TGGR.TO.
Best Diversifiers for TGGR.TO
4 ETFs have low correlation with TGGR.TO (below 0.3), 0 of which are negatively correlated. The least correlated is TD Cash Management ETF (TCSH.TO) (Ultrashort Bond) with a 1Y correlation of 0.12, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TD Cash Management ETF | 0.12 | 0.05 | 0.05 | 99 | Ultrashort Bond | TGGR.TO vs TCSH.TO | |
| iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged) | 0.24 | 0.28 | 0.33 | 73 | Foreign Large Cap Equities, Low Volatility | TGGR.TO vs XML.TO | |
| iShares Core MSCI Global Quality Dividend Index ET... | 0.27 | 0.35 | 0.33 | 84 | Quality Factor, Global Equities | TGGR.TO vs XDGH.TO | |
| Invesco FTSE RAFI Global Small-Mid ETF | 0.29 | 0.35 | 0.34 | 81 | Foreign Small & Mid Cap Equities | TGGR.TO vs PZW.TO | |
| iShares Global Monthly Dividend Index ETF (CAD-Hed... | 0.30 | 0.32 | 0.32 | 88 | Global Equities | TGGR.TO vs CYH.TO |
See all 34 diversifiers for TGGR.TO
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