Looking to diversify beyond ZBI.TO? The ETFs below have the lowest correlation with ZBI.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 ZBI.TO.
Best Diversifiers for ZBI.TO
20 ETFs have low correlation with ZBI.TO (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO AAA CLO ETF | -0.05 | — | — | 59 | CLO | ZBI.TO vs ZAAA.NEO | |
| iShares Premium Money Market ETF | -0.02 | 0.05 | — | 100 | Money Market | ZBI.TO vs CMR.TO | |
| BMO Money Market Fund ETF Series | 0.04 | 0.10 | 0.08 | 99 | Money Market | ZBI.TO vs ZMMK.TO | |
| Invesco Canadian Government Floating Rate Index ET... | 0.05 | 0.00 | — | 97 | Canadian Government Bonds | ZBI.TO vs PFL.TO | |
| iShares Floating Rate Index ETF | 0.06 | -0.04 | — | 98 | Canadian Government Bonds | ZBI.TO vs XFR.TO |
See all 36 diversifiers for ZBI.TO
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Diversification Analysis
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