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Vanguard Global Momentum Factor ETF CAD (VMO.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

Vanguard Global Momentum Factor ETF seeks long-term capital appreciation by investing in equity securities from developed markets worldwide that have demonstrated strong recent performance. The fund uses a proprietary quantitative model to actively select securities with relatively strong past returns over short- and intermediate-term periods.

Looking to diversify beyond VMO.TO? The ETFs below have the lowest correlation with VMO.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 VMO.TO.

Best Diversifiers for VMO.TO

6 ETFs have low correlation with VMO.TO (below 0.3), 2 of which are negatively correlated. The least correlated is Purpose Cash Management Fund (MNY.TO) (Money Market) with a 1Y correlation of -0.09, roughly unchanged from -0.01 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MNY.TO
Purpose Cash Management Fund-0.09-0.01—
100
Money MarketVMO.TO vs MNY.TO
XEG.TO
iShares S&P/TSX Capped Energy Index ETF-0.050.150.29
86
Energy EquitiesVMO.TO vs XEG.TO
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF0.05——
77
Global EquitiesVMO.TO vs TTTX.TO
ATSX.TO
Accelerate Enhanced Canadian Benchmark Alternative...0.110.120.14
86
VMO.TO vs ATSX.TO
ZCS.TO
BMO Short Corporate Bond Index ETF0.270.220.15
56
Canadian Government BondsVMO.TO vs ZCS.TO
See all 75 diversifiers for VMO.TO

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Diversification Analysis

Build a portfolio that complements VMO.TO

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