Looking to diversify beyond XCNS.TO? The ETFs below have the lowest correlation with XCNS.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 XCNS.TO.
Best Diversifiers for XCNS.TO
4 ETFs have low correlation with XCNS.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 | 0.10 | — | — | 90 | Diversified Portfolio | XCNS.TO vs GRO.TO | |
| BMO Money Market Fund ETF Series | 0.10 | 0.03 | 0.02 | 100 | Money Market | XCNS.TO vs ZMMK.TO | |
| iShares S&P/TSX Capped Utilities Index ETF | 0.13 | 0.39 | 0.38 | 84 | Utilities Equities | XCNS.TO vs XUT.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.27 | 0.49 | 0.47 | 98 | Canada Equities | XCNS.TO vs XEI.TO | |
| iShares ESG Conservative Balanced ETF Portfolio | 0.34 | 0.34 | 0.33 | 52 | Diversified Portfolio | XCNS.TO vs GCNS.TO |
See all 42 diversifiers for XCNS.TO
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