Looking to diversify beyond XMS.TO? The ETFs below have the lowest correlation with XMS.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 XMS.TO.
Best Diversifiers for XMS.TO
11 ETFs have low correlation with XMS.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brompton Canadian Cash Flow Kings ETF | 0.11 | — | — | 97 | Large Cap Blend Equities | XMS.TO vs KNGC.TO | |
| TD Active U.S. Enhanced Dividend CAD Hedged ETF | 0.13 | 0.18 | 0.19 | 50 | Dividend, Large Cap Blend Equities | XMS.TO vs TUEX.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.21 | 0.38 | 0.41 | 98 | Canada Equities | XMS.TO vs XEI.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.23 | 0.28 | 0.34 | 75 | Nasdaq-100 | XMS.TO vs ZNQ.TO | |
| Invesco NASDAQ 100 Index ETF CAD Hedged | 0.24 | 0.31 | 0.38 | 66 | Nasdaq-100 | XMS.TO vs QQC-F.TO |
See all 38 diversifiers for XMS.TO
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