Looking to diversify beyond XVLU.TO? The ETFs below have the lowest correlation with XVLU.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 XVLU.TO.
Best Diversifiers for XVLU.TO
2 ETFs have low correlation with XVLU.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 0.27, down from 0.45 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 | 0.27 | 0.39 | 0.45 | 98 | Canada Equities | XVLU.TO vs XEI.TO | |
| Global X Enhanced S&P 500 Index ETF | 0.29 | — | — | 81 | Leveraged Equities, S&P 500 | XVLU.TO vs USSL.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.35 | 0.41 | 0.47 | 98 | Dividend, Large Cap Value Equities | XVLU.TO vs XDIV.TO | |
| iShares S&P/TSX 60 Index ETF | 0.45 | 0.47 | 0.48 | 82 | Large Cap Growth Equities | XVLU.TO vs XIU.TO | |
| iShares Core S&P/TSX Capped Composite Index ETF | 0.46 | 0.47 | 0.49 | 80 | Canada Equities | XVLU.TO vs XIC.TO |
See all 32 diversifiers for XVLU.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XVLU.TO
Add XVLU.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XVLU.TO