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
20 ETFs have low correlation with ZUCM.TO (below 0.3), 17 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO NASDAQ 100 Equity (CAD Hedged) | -0.26 | — | — | 68 | Nasdaq-100 | ZUCM.TO vs ZQQ.TO | |
| BMO S&P/TSX Capped Composite Index ETF | -0.21 | — | — | 85 | Canada Equities | ZUCM.TO vs ZCN.TO | |
| BMO Equal Weight Banks Index ETF | -0.20 | — | — | 96 | Financials Equities | ZUCM.TO vs ZEB.TO | |
| BMO Canadian Dividend ETF | -0.12 | — | — | 89 | Canada Equities | ZUCM.TO vs ZDV.TO | |
| Harvest Canadian T-Bill ETF | -0.10 | — | — | 99 | Money Market | ZUCM.TO vs TBIL.TO |
See all 21 diversifiers for ZUCM.TO
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Diversification Analysis
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