Looking to diversify beyond VALT-U.TO? The ETFs below have the lowest correlation with VALT-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 VALT-U.TO.
Best Diversifiers for VALT-U.TO
7 ETFs have low correlation with VALT-U.TO (below 0.3), 0 of which are negatively correlated. The least correlated is CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) (Energy Equities) with a 1Y correlation of 0.01, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Energy Giants Covered Call ETF Common Units (CA... | 0.01 | 0.07 | 0.10 | 68 | Energy Equities, Derivative Income, Options Trading, Actively Managed | VALT-U.TO vs NXF.TO | |
| CI Money Market ETF CAD Series | 0.12 | — | — | 99 | Money Market | VALT-U.TO vs CMNY.TO | |
| CI Canadian Short-Term Aggregate Bond Index ETF | 0.17 | 0.17 | 0.23 | 64 | Short-Term Bond | VALT-U.TO vs CAGS.TO | |
| CI Global Core Plus Equity ETF | 0.20 | 0.13 | 0.17 | 92 | Global Equities, Actively Managed | VALT-U.TO vs ONEQ.TO | |
| CI Canadian Banks Covered Call Income Class ETF | 0.20 | 0.16 | 0.15 | 97 | Financials Equities | VALT-U.TO vs CIC.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VALT-U.TO
Add VALT-U.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VALT-U.TO