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
16 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 | 0.12 | — | — | 95 | Canada Equities | XMS.TO vs KNGC.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.19 | 0.38 | 0.41 | 97 | Canada Equities | XMS.TO vs XEI.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.21 | 0.27 | 0.33 | 76 | Nasdaq-100 | XMS.TO vs ZNQ.TO | |
| iShares Core S&P U.S. Total Market Index ETF | 0.21 | 0.22 | 0.23 | 65 | Large Cap Blend Equities | XMS.TO vs XUU-U.TO | |
| iShares MSCI USA Momentum Factor Index ETF | 0.22 | 0.27 | 0.29 | 78 | Momentum, Large Cap Blend Equities | XMS.TO vs XMTM.TO |
See all 35 diversifiers for XMS.TO
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