PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Wealthsimple North America Socially Responsible Index ETF (WSRI.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

Wealthsimple North America Socially Responsible Index ETF provides socially responsible exposure to North American equities.

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

Best Diversifiers for WSRI.TO

1 ETFs have low correlation with WSRI.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) (Large Cap Blend Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.15 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DRFU.TO
Desjardins RI USA Multifactor - Net-Zero Emissions...0.140.210.15
89
Large Cap Blend Equities, Sustainable, Multi-factorWSRI.TO vs DRFU.TO
DRMU.TO
Desjardins RI USA Net-Zero Emissions Pathway ETF0.430.500.52
70
Large Cap Blend Equities, SustainableWSRI.TO vs DRMU.TO
DRFG.TO
Desjardins RI Global Multifactor Fossil Fuel Reser...0.470.400.39
87
Global Equities, Sustainable, Multi-factorWSRI.TO vs DRFG.TO
DRFD.TO
Desjardins RI Developed ex-USA ex-Canada Multifact...0.530.270.22
69
Foreign Large Cap Equities, Sustainable, Multi-factorWSRI.TO vs DRFD.TO
DRMC.TO
Desjardins RI Canada - Net-Zero Emissions Pathway ...0.550.540.54
85
Canada Equities, SustainableWSRI.TO vs DRMC.TO
See all 7 diversifiers for WSRI.TO

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements WSRI.TO

Add WSRI.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with WSRI.TO