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

Best Diversifiers for XDSR.TO

1 ETFs have low correlation with XDSR.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 0.23, down from 0.39 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from XDSR.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XDSR.TO and solid risk/return profiles. The least correlated is Sprott Physical Gold Trust (PHYS.TO) (Financial Services) with a 1Y correlation of 0.33, up from 0.11 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Sprott Physical Gold Trust0.330.190.11
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Financial Services

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Diversification Analysis

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