Looking to diversify beyond ZBBB.TO? The ETFs below have the lowest correlation with ZBBB.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 ZBBB.TO.
Best Diversifiers for ZBBB.TO
8 ETFs have low correlation with ZBBB.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO Money Market Fund ETF Series (ZMMK.TO) (Money Market) with a 1Y correlation of 0.06, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Money Market Fund ETF Series | 0.06 | 0.04 | 0.05 | 100 | Money Market | ZBBB.TO vs ZMMK.TO | |
| BMO Canadian Dividend ETF | 0.14 | 0.14 | 0.10 | 85 | Canada Equities | ZBBB.TO vs ZDV.TO | |
| BMO NASDAQ 100 Equity (CAD Hedged) | 0.22 | 0.08 | 0.06 | 67 | Nasdaq-100 | ZBBB.TO vs ZQQ.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.23 | 0.08 | 0.07 | 74 | Nasdaq-100 | ZBBB.TO vs ZNQ.TO | |
| BMO S&P/TSX Capped Composite Index ETF | 0.24 | 0.16 | 0.11 | 80 | Canada Equities | ZBBB.TO vs ZCN.TO |
See all 11 diversifiers for ZBBB.TO
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