Looking to diversify beyond XSU.TO? The ETFs below have the lowest correlation with XSU.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 XSU.TO.
Best Diversifiers for XSU.TO
1 ETFs have low correlation with XSU.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Manulife Multifactor U.S. Small Cap Index ETF Hedged (MUSC.TO) (Small Cap Blend Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Manulife Multifactor U.S. Small Cap Index ETF Hedg... | 0.06 | 0.02 | 0.11 | 91 | Small Cap Blend Equities, Multi-factor | XSU.TO vs MUSC.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.34 | 0.54 | 0.60 | 98 | Canada Equities | XSU.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.44 | 0.54 | 0.57 | 98 | Dividend, Large Cap Value Equities | XSU.TO vs XDIV.TO | |
| CI Morningstar International Value CAD Hedged | 0.46 | 0.36 | 0.32 | 87 | International Equity | XSU.TO vs VXM.TO | |
| Vanguard FTSE Developed ex North America High Divi... | 0.54 | 0.55 | 0.56 | 88 | Foreign Large Cap Equities, Dividend | XSU.TO vs VIDY.TO |
See all 30 diversifiers for XSU.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XSU.TO
Add XSU.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSU.TO