Looking to diversify beyond THE.TO? The ETFs below have the lowest correlation with THE.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 THE.TO.
Best Diversifiers for THE.TO
1 ETFs have low correlation with THE.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TD Cash Management ETF | 0.12 | — | — | 99 | Canadian Government Bonds | THE.TO vs TCSH.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.41 | 0.52 | 0.50 | 98 | Dividend, Large Cap Value Equities | THE.TO vs XDIV.TO | |
| Mackenzie International Equity Index ETF (CAD-Hedg... | 0.42 | 0.39 | 0.35 | 67 | International Equity | THE.TO vs QDXH.TO | |
| BMO Low Volatility Canadian Equity ETF | 0.44 | 0.50 | 0.48 | 54 | Canada Equities | THE.TO vs ZLB.TO | |
| Brompton International Cash Flow Kings ETF | 0.46 | — | — | 85 | International Equity | THE.TO vs KNGX.TO |
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