Looking to diversify beyond VCNS.TO? The ETFs below have the lowest correlation with VCNS.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 VCNS.TO.
Best Diversifiers for VCNS.TO
1 ETFs have low correlation with VCNS.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Growth ETF Portfolio | 0.11 | — | — | 92 | Diversified Portfolio | VCNS.TO vs GRO.TO | |
| iShares ESG Conservative Balanced ETF Portfolio | 0.34 | 0.30 | 0.29 | 53 | Diversified Portfolio | VCNS.TO vs GCNS.TO | |
| CI Equity Asset Allocation ETF | 0.40 | 0.27 | — | 90 | Diversified Portfolio | VCNS.TO vs CEQT.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.49 | 0.58 | 0.52 | 98 | Dividend | VCNS.TO vs VDY.TO | |
| BMO Short Corporate Bond Index ETF | 0.54 | 0.55 | 0.54 | 56 | Canadian Government Bonds | VCNS.TO vs ZCS.TO |
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