Looking to diversify beyond XSAB.TO? The ETFs below have the lowest correlation with XSAB.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 XSAB.TO.
Best Diversifiers for XSAB.TO
11 ETFs have low correlation with XSAB.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X 0-3 Month T-Bill ETF (CBIL.TO) (Canadian Government Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X 0-3 Month T-Bill ETF | 0.02 | 0.04 | — | 99 | Canadian Government Bonds | XSAB.TO vs CBIL.TO | |
| Global X Cash Maximizer Corporate Class ETF | 0.03 | -0.01 | 0.02 | 66 | Bank Loan | XSAB.TO vs HSAV.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.03 | 0.19 | 0.09 | 98 | Canada Equities | XSAB.TO vs XEI.TO | |
| TD Cash Management ETF | 0.05 | — | — | 99 | Canadian Government Bonds | XSAB.TO vs TCSH.TO | |
| Global X High Interest Savings ETF | 0.06 | 0.08 | 0.06 | 100 | Money Market | XSAB.TO vs CASH.TO |
See all 24 diversifiers for XSAB.TO
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