Looking to diversify beyond XEU.TO? The ETFs below have the lowest correlation with XEU.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 XEU.TO.
Best Diversifiers for XEU.TO
1 ETFs have low correlation with XEU.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 0.27, down from 0.45 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 | 0.27 | 0.41 | 0.45 | 97 | Canada Equities | XEU.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.39 | 0.48 | 0.51 | 98 | Dividend, Large Cap Value Equities | XEU.TO vs XDIV.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.46 | 0.51 | 0.52 | 98 | Dividend | XEU.TO vs VDY.TO | |
| iShares S&P/TSX Canadian Dividend Aristocrats Inde... | 0.48 | 0.56 | 0.61 | 54 | Canada Equities | XEU.TO vs CDZ.TO | |
| BMO Equal Weight Banks Index ETF | 0.55 | 0.54 | 0.56 | 98 | Financials Equities, Equal Weight | XEU.TO vs ZEB.TO |
See all 32 diversifiers for XEU.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XEU.TO
Add XEU.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XEU.TO