Looking to diversify beyond ZUCM.TO? The ETFs below have the lowest correlation with ZUCM.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 ZUCM.TO.
Best Diversifiers for ZUCM.TO
23 ETFs have low correlation with ZUCM.TO (below 0.3), 16 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO S&P/TSX Capped Composite Index ETF | -0.19 | — | — | 83 | Canada Equities | ZUCM.TO vs ZCN.TO | |
| BMO Equal Weight Banks Index ETF | -0.18 | — | — | 98 | Financials Equities, Equal Weight | ZUCM.TO vs ZEB.TO | |
| Purpose High Interest Savings Fund | -0.12 | — | — | 99 | Money Market | ZUCM.TO vs PSA.TO | |
| BMO Canadian Dividend ETF | -0.12 | — | — | 97 | Canada Equities | ZUCM.TO vs ZDV.TO | |
| BMO Money Market Fund ETF Series | -0.11 | — | — | 99 | Money Market | ZUCM.TO vs ZMMK.TO |
See all 23 diversifiers for ZUCM.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZUCM.TO
Add ZUCM.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZUCM.TO