Looking to diversify beyond ZGLH.TO? The ETFs below have the lowest correlation with ZGLH.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 ZGLH.TO.
Best Diversifiers for ZGLH.TO
7 ETFs have low correlation with ZGLH.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Money Market Fund ETF Series | 0.08 | — | — | 100 | Money Market | ZGLH.TO vs ZMMK.TO | |
| BMO S&P 500 Index ETF | 0.08 | — | — | 72 | S&P 500 | ZGLH.TO vs ZSP.TO | |
| BMO NASDAQ 100 Equity Index ETF | 0.09 | — | — | 74 | Nasdaq-100 | ZGLH.TO vs ZNQ.TO | |
| BMO NASDAQ 100 Equity (CAD Hedged) | 0.20 | 0.04 | 0.04 | 67 | Nasdaq-100 | ZGLH.TO vs ZQQ.TO | |
| BMO Equal Weight Banks Index ETF | 0.21 | — | — | 96 | Financials Equities | ZGLH.TO vs ZEB.TO |
See all 9 diversifiers for ZGLH.TO
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Diversification Analysis
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