Looking to diversify beyond XMW.TO? The ETFs below have the lowest correlation with XMW.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 XMW.TO.
Best Diversifiers for XMW.TO
10 ETFs have low correlation with XMW.TO (below 0.3), 1 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 | -0.10 | — | — | 77 | Global Equities | XMW.TO vs TTTX.TO | |
| Brompton Global Infrastructure ETF | 0.09 | 0.24 | 0.20 | 57 | Global Equities | XMW.TO vs BGIE.TO | |
| iShares ESG Conservative Balanced ETF Portfolio | 0.16 | 0.17 | 0.22 | 52 | Diversified Portfolio | XMW.TO vs GCNS.TO | |
| iShares Premium Money Market ETF | 0.16 | 0.06 | 0.07 | 99 | Money Market | XMW.TO vs CMR.TO | |
| Brompton Sustainable Real Assets Dividend ETF | 0.18 | 0.24 | 0.20 | 60 | Global Equities | XMW.TO vs BREA.TO |
See all 44 diversifiers for XMW.TO
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