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
35 ETFs have low correlation with XHU.TO (below 0.3), 4 of which are negatively correlated. The least correlated is Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) (Nasdaq-100) with a 1Y correlation of -0.08, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 Index ETF CAD Hedged | -0.08 | 0.01 | 0.17 | 66 | Nasdaq-100 | XHU.TO vs QQC-F.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | -0.07 | 0.02 | 0.17 | 66 | Nasdaq-100 | XHU.TO vs XQQ.TO | |
| BMO NASDAQ 100 Equity (CAD Hedged) | -0.07 | 0.02 | 0.17 | 67 | Nasdaq-100 | XHU.TO vs ZQQ.TO | |
| TD Active U.S. Enhanced Dividend CAD Hedged ETF | -0.02 | 0.01 | — | 50 | Dividend, Large Cap Blend Equities | XHU.TO vs TUEX.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.00 | 0.07 | 0.20 | 74 | Nasdaq-100 | XHU.TO vs ZNQ.TO |
See all 47 diversifiers for XHU.TO
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