Looking to diversify beyond XAGH.TO? The ETFs below have the lowest correlation with XAGH.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 XAGH.TO.
Best Diversifiers for XAGH.TO
1 ETFs have low correlation with XAGH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) (Canada Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P/TSX Composite High Dividend Index ETF | 0.07 | 0.07 | 0.07 | 98 | Canada Equities | XAGH.TO vs XEI.TO | |
| iShares Core Growth ETF Portfolio | 0.44 | 0.44 | 0.44 | 76 | Diversified Portfolio | XAGH.TO vs XGRO.TO | |
| iShares Core S&P 500 Index ETF | 0.46 | 0.46 | 0.46 | 75 | S&P 500 | XAGH.TO vs XUS.TO | |
| iShares S&P/TSX 60 Index ETF | 0.47 | 0.47 | 0.47 | 90 | Canada Equities | XAGH.TO vs XIU.TO | |
| iShares Core MSCI All Country World ex Canada Inde... | 0.53 | 0.53 | 0.53 | 81 | Global Equities | XAGH.TO vs XAW.TO |
See all 6 diversifiers for XAGH.TO
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