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
2 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 |
|---|---|---|---|---|---|---|---|
| Brompton Canadian Cash Flow Kings ETF | 0.10 | — | — | 96 | Large Cap Blend Equities | XTOT.TO vs KNGC.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.24 | — | — | 98 | Canada Equities | XTOT.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.36 | — | — | 98 | Dividend, Large Cap Value Equities | XTOT.TO vs XDIV.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.38 | — | — | 98 | Dividend | XTOT.TO vs VDY.TO | |
| Global X Enhanced S&P/TSX 60 Covered Call ETF | 0.45 | — | — | 86 | Large Cap Blend Equities | XTOT.TO vs CNCL.TO |
See all 30 diversifiers for XTOT.TO
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Diversification Analysis
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