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
10 ETFs have low correlation with VALT.TO (below 0.3), 1 of which are negatively correlated. The least correlated is Arrow EC Income Advantage Alternative Fund (RATE.TO) (Investment Grade Bonds) with a 1Y correlation of -0.03, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Arrow EC Income Advantage Alternative Fund | -0.03 | -0.02 | -0.01 | 72 | Investment Grade Bonds, Corporate Bonds, Nontraditional Bonds | VALT.TO vs RATE.TO | |
| Invesco FTSE RAFI Global Small-Mid ETF | 0.06 | 0.05 | 0.09 | 81 | Foreign Small & Mid Cap Equities | VALT.TO vs PZW.TO | |
| Global X High Interest Savings ETF | 0.10 | 0.03 | — | 100 | Money Market | VALT.TO vs CASH.TO | |
| CI Alternative Investment Grade Credit Fund | 0.10 | 0.05 | 0.08 | 71 | Investment Grade Bonds, Long-Short, Nontraditional Bonds, Actively Managed | VALT.TO vs CRED.TO | |
| CI Alternative Diversified Opportunities Fund | 0.12 | 0.16 | — | 71 | Nontraditional Bonds, Multisector Bonds, High Yield Bonds, Actively Managed | VALT.TO vs CMDO.TO |
See all 15 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