Looking to diversify beyond XEXP.TO? The ETFs below have the lowest correlation with XEXP.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 XEXP.TO.
Best Diversifiers for XEXP.TO
7 ETFs have low correlation with XEXP.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, down from 0.20 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 | 0.20 | 0.20 | 98 | Canada Equities | XEXP.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.11 | 0.20 | — | 98 | Dividend, Large Cap Value Equities | XEXP.TO vs XDIV.TO | |
| Alphabet (GOOGL) Yield Shares Purpose ETF | 0.20 | 0.20 | — | 92 | Derivative Income, Technology Equities | XEXP.TO vs YGOG.NEO | |
| iShares Core S&P/TSX Capped Composite Index ETF | 0.25 | 0.32 | — | 80 | Canada Equities | XEXP.TO vs XIC.TO | |
| iShares S&P/TSX 60 Index ETF | 0.26 | 0.31 | — | 82 | Large Cap Growth Equities | XEXP.TO vs XIU.TO |
See all 30 diversifiers for XEXP.TO
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