Looking to diversify beyond VALT.TO? The ETFs below have the lowest correlation with VALT.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.TO.
Best Diversifiers for VALT.TO
8 ETFs have low correlation with VALT.TO (below 0.3), 2 of which are negatively correlated. The least correlated is Global X High Interest Savings ETF (CASH.TO) (Money Market) with a 1Y correlation of -0.02, roughly unchanged from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X High Interest Savings ETF | -0.02 | -0.00 | — | 100 | Money Market | VALT.TO vs CASH.TO | |
| Arrow EC Income Advantage Alternative Fund | -0.01 | -0.02 | -0.01 | 62 | VALT.TO vs RATE.TO | ||
| Vanguard S&P 500 Index ETF | 0.07 | -0.01 | -0.02 | 74 | S&P 500 | VALT.TO vs VFV.TO | |
| CI Global Climate Leaders Fund | 0.15 | 0.13 | 0.11 | 88 | VALT.TO vs CLML.TO | ||
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.16 | 0.18 | 0.15 | 98 | Dividend | VALT.TO vs VDY.TO |
See all 10 diversifiers for VALT.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements VALT.TO
Add VALT.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.TO