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Looking to diversify beyond XUSR.TO? The ETFs below have the lowest correlation with XUSR.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 XUSR.TO.

Best Diversifiers for XUSR.TO

2 ETFs have low correlation with XUSR.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 0.15, down from 0.35 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from XUSR.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XUSR.TO and solid risk/return profiles. The least correlated is Sprott Physical Gold Trust (PHYS.TO) (Financial Services) with a 1Y correlation of 0.18, up from -0.02 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Sprott Physical Gold Trust0.180.03-0.02
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Financial Services

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Diversification Analysis

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