Looking to diversify beyond XTOT.TO? The ETFs below have the lowest correlation with XTOT.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 XTOT.TO.
Best Diversifiers for XTOT.TO
1 ETFs have low correlation with XTOT.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P/TSX Composite High Dividend Index ETF | 0.21 | — | — | 98 | Canada Equities | XTOT.TO vs XEI.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.37 | — | — | 98 | Dividend | XTOT.TO vs VDY.TO | |
| iShares US Fundamental Index ETF (CAD-Hedged) Comm... | 0.47 | — | — | 81 | Large Cap Blend Equities | XTOT.TO vs CLU.NEO | |
| iShares Core S&P/TSX Capped Composite Index ETF | 0.57 | — | — | 80 | Canada Equities | XTOT.TO vs XIC.TO | |
| iShares S&P/TSX 60 Index ETF | 0.58 | — | — | 82 | Canada Equities | XTOT.TO vs XIU.TO |
See all 25 diversifiers for XTOT.TO
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