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
10 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 0.02, down from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P/TSX Composite High Dividend Index ETF | 0.02 | 0.15 | — | 98 | Canada Equities | XAGH.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.07 | 0.14 | — | 98 | Dividend, Large Cap Value Equities | XAGH.TO vs XDIV.TO | |
| iShares Core S&P 500 Index ETF | 0.16 | 0.10 | — | 78 | S&P 500 | XAGH.TO vs XUS.TO | |
| Vanguard U.S. Total Market Index ETF | 0.22 | 0.13 | — | 77 | Large Cap Blend Equities | XAGH.TO vs VUN.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.22 | 0.10 | — | 67 | Nasdaq-100 | XAGH.TO vs XQQ.TO |
See all 11 diversifiers for XAGH.TO
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