Looking to diversify beyond ZCON.TO? The ETFs below have the lowest correlation with ZCON.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 ZCON.TO.
Best Diversifiers for ZCON.TO
3 ETFs have low correlation with ZCON.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Purpose High Interest Savings Fund (PSA.TO) (Money Market) with a 1Y correlation of 0.05, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Purpose High Interest Savings Fund | 0.05 | 0.03 | 0.03 | 100 | Money Market | ZCON.TO vs PSA.TO | |
| Franklin Growth ETF Portfolio | 0.09 | — | — | 90 | Diversified Portfolio | ZCON.TO vs GRO.TO | |
| BMO Money Market Fund ETF Series | 0.14 | 0.03 | — | 100 | Money Market | ZCON.TO vs ZMMK.TO | |
| CI Equity Asset Allocation ETF | 0.37 | 0.25 | — | 90 | Diversified Portfolio | ZCON.TO vs CEQT.TO | |
| iShares ESG Conservative Balanced ETF Portfolio | 0.37 | 0.37 | 0.39 | 52 | Diversified Portfolio | ZCON.TO vs GCNS.TO |
See all 34 diversifiers for ZCON.TO
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