Looking to diversify beyond XUS-U.TO? The ETFs below have the lowest correlation with XUS-U.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 XUS-U.TO.
Best Diversifiers for XUS-U.TO
2 ETFs have low correlation with XUS-U.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) (Canada Equities) with a 1Y correlation of 0.16, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P/TSX Composite High Dividend Index ETF | 0.16 | 0.35 | 0.43 | 97 | Canada Equities | XUS-U.TO vs XEI.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.30 | 0.42 | 0.45 | 98 | Dividend, Large Cap Value Equities | XUS-U.TO vs XDIV.TO | |
| Global X Enhanced S&P 500 Index ETF | 0.54 | — | — | 89 | Leveraged Equities, S&P 500 | XUS-U.TO vs USSL.TO | |
| Invesco S&P 500 Equal Weight Income Advantage ETF | 0.56 | — | — | 84 | S&P 500, Derivative Income, Equal Weight | XUS-U.TO vs EQLI.TO | |
| iShares S&P/TSX 60 Index ETF | 0.59 | 0.61 | 0.63 | 88 | Canada Equities | XUS-U.TO vs XIU.TO |
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