Looking to diversify beyond XHU.TO? The ETFs below have the lowest correlation with XHU.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 XHU.TO.
Best Diversifiers for XHU.TO
37 ETFs have low correlation with XHU.TO (below 0.3), 4 of which are negatively correlated. The least correlated is BMO NASDAQ 100 Equity Index ETF (ZNQ.TO) (Nasdaq-100) with a 1Y correlation of -0.11, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO NASDAQ 100 Equity Index ETF | -0.11 | 0.02 | 0.15 | 59 | Nasdaq-100 | XHU.TO vs ZNQ.TO | |
| iShares Core S&P U.S. Total Market Index ETF (CAD-... | -0.05 | 0.13 | 0.26 | 53 | Large Cap Blend Equities | XHU.TO vs XUH.TO | |
| iShares Core S&P 500 Index ETF (CAD-Hedged) | -0.04 | 0.13 | 0.27 | 55 | S&P 500 | XHU.TO vs XSP.TO | |
| iShares Core S&P 500 Index ETF | -0.02 | 0.12 | 0.23 | 65 | S&P 500 | XHU.TO vs XUS-U.TO | |
| Dynamic Active U.S. Dividend ETF | 0.01 | 0.04 | 0.19 | 59 | Dividend | XHU.TO vs DXU.TO |
See all 46 diversifiers for XHU.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XHU.TO
Add XHU.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XHU.TO