Looking to diversify beyond ZXM.TO? The ETFs below have historically moved differently from ZXM.TO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ZXM.TO
13 ETFs have low correlation with ZXM.TO (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CI Money Market ETF CAD Series | 0.01 | — | — | 99 | Money Market | ZXM.TO vs CMNY.TO | |
| CI Enhanced Short Duration Bond Fund | 0.05 | 0.06 | 0.12 | 53 | Short-Term Bond, Corporate Bonds, Actively Managed | ZXM.TO vs FSB.TO | |
| CI Health Care Giants Covered Call ETF | 0.07 | 0.12 | 0.18 | 62 | Derivative Income, Health & Biotech Equities, Options Trading, Actively Managed | ZXM.TO vs FHI.TO | |
| CI U.S. & Canada Lifeco Covered Call ETF (Hedged C... | 0.09 | 0.19 | 0.27 | 86 | Derivative Income, Financials Equities, Options Trading, Actively Managed | ZXM.TO vs FLI.TO | |
| CI Alternative Investment Grade Credit Fund | 0.10 | 0.08 | 0.06 | 53 | Investment Grade Bonds, Long-Short, Nontraditional Bonds, Actively Managed | ZXM.TO vs CRED.TO |
See all 42 diversifiers for ZXM.TO
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