Looking to diversify beyond ZLH.TO? The ETFs below have the lowest correlation with ZLH.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 ZLH.TO.
Best Diversifiers for ZLH.TO
22 ETFs have low correlation with ZLH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO NASDAQ 100 Equity Index ETF (ZNQ.TO) (Nasdaq-100) with a 1Y correlation of 0.01, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO NASDAQ 100 Equity Index ETF | 0.01 | 0.02 | 0.13 | 57 | Nasdaq-100 | ZLH.TO vs ZNQ.TO | |
| BMO Low Volatility Emerging Markets Equity ETF | 0.02 | 0.06 | 0.08 | 79 | Emerging Markets Equities, Low Volatility, Actively Managed | ZLH.TO vs ZLE.TO | |
| BMO Money Market Fund ETF Series | 0.04 | 0.05 | — | 99 | Money Market | ZLH.TO vs ZMMK.TO | |
| Desjardins RI USA Multifactor - Net-Zero Emissions... | 0.04 | 0.06 | 0.08 | 87 | Large Cap Blend Equities, Sustainable, Multi-factor | ZLH.TO vs DRFU.TO | |
| iShares MSCI Min Vol Emerging Markets Index ETF | 0.07 | 0.07 | 0.09 | 57 | Emerging Markets Equities, Low Volatility | ZLH.TO vs XMM.TO |
See all 34 diversifiers for ZLH.TO
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