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
32 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 | 0.01 | — | — | 71 | Global Equities | XML.TO vs TTTX.TO | |
| Global X Big Data & Hardware Index ETF | 0.10 | 0.15 | 0.21 | 77 | Technology Equities, Global Equities | XML.TO vs HBGD.TO | |
| Fidelity Global Innovators ETF | 0.11 | 0.16 | — | 83 | Global Equities | XML.TO vs FINN.NEO | |
| Desjardins RI Global Multifactor Fossil Fuel Reser... | 0.15 | 0.16 | 0.20 | 88 | Global Equities, Sustainable, Multi-factor | XML.TO vs DRFG.TO | |
| Horizons NASDAQ-100 Index ETF | 0.15 | 0.17 | 0.23 | 56 | Nasdaq-100 | XML.TO vs HXQ.TO |
See all 47 diversifiers for XML.TO
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