Looking to diversify beyond XML.TO? The ETFs below have the lowest correlation with XML.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 XML.TO.
Best Diversifiers for XML.TO
15 ETFs have low correlation with XML.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Innovative Bluechip Top 10 Index ETF | 0.06 | — | — | 75 | Global Equities | XML.TO vs TTTX.TO | |
| CI Munro Global Growth Equity Fund | 0.16 | 0.17 | 0.26 | 68 | Global Equities | XML.TO vs CMGG.TO | |
| Brompton Global Infrastructure ETF | 0.19 | 0.25 | 0.32 | 58 | Global Equities | XML.TO vs BGIE.TO | |
| Horizons NASDAQ-100 Index ETF | 0.19 | 0.18 | 0.26 | 76 | Nasdaq-100 | XML.TO vs HXQ.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.20 | 0.21 | 0.28 | 67 | Nasdaq-100 | XML.TO vs XQQ.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XML.TO
Add XML.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XML.TO