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iShares MSCI USA Momentum Factor Index ETF (XMTM.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

The ETF aims to provide exposure to an index measuring the performance of U.S. equity securities exhibiting positive momentum characteristics, currently tracking the MSCI USA Momentum SR Variant Index.

Looking to diversify beyond XMTM.TO? The ETFs below have the lowest correlation with XMTM.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 XMTM.TO.

Best Diversifiers for XMTM.TO

4 ETFs have low correlation with XMTM.TO (below 0.3), 1 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
KNGC.TO
Brompton Canadian Cash Flow Kings ETF-0.00——
97
Large Cap Blend EquitiesXMTM.TO vs KNGC.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETF0.120.210.23
98
Canada EquitiesXMTM.TO vs XEI.TO
FXM.TO
CI Morningstar Canada Value Index ETF0.250.290.28
95
Canada EquitiesXMTM.TO vs FXM.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...0.250.260.27
98
Dividend, Large Cap Value EquitiesXMTM.TO vs XDIV.TO
ZXM.TO
CI Morningstar International Momentum Index ETF Co...0.300.280.31
73
Momentum, Foreign Large Cap EquitiesXMTM.TO vs ZXM.TO
See all 44 diversifiers for XMTM.TO

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Diversification Analysis

Build a portfolio that complements XMTM.TO

Add XMTM.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with XMTM.TO