Looking to diversify beyond TSTX-U.TO? The ETFs below have the lowest correlation with TSTX-U.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 TSTX-U.TO.
Best Diversifiers for TSTX-U.TO
1 ETFs have low correlation with TSTX-U.TO (below 0.3), 1 of which are negatively correlated. The least correlated is Global X Artificial Intelligence Semiconductor Index ETF (CHPS.TO) (Semiconductors) with a 1Y correlation of -0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Artificial Intelligence Semiconductor Ind... | -0.01 | -0.01 | -0.01 | 92 | Semiconductors, Technology Equities | TSTX-U.TO vs CHPS.TO | |
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg... | 0.43 | 0.43 | 0.43 | 57 | Derivative Income, Short-Term Bond | TSTX-U.TO vs HBIL.TO |
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