CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

CIBC Active Investment Grade Corporate Bond ETF seeks to generate a high level of current income while preserving capital by investing primarily in bonds, debentures, notes, and other debt instruments of Canadian issuers. The fund is actively managed by CIBC Asset Management and trades on the Toronto Stock Exchange in CAD.

Looking to diversify beyond CACB.TO? The ETFs below have the lowest correlation with CACB.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 CACB.TO.

Best Diversifiers for CACB.TO

1 ETFs have low correlation with CACB.TO (below 0.3), 0 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
CCAD.TO	CIBC Premium Cash Management ETF	0.00	—	—	99	Money Market	CACB.TO vs CCAD.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	0.59	0.57	0.48	51	Corporate Bonds	CACB.TO vs XHB.TO

Diversification Analysis

Build a portfolio that complements CACB.TO

Add CACB.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with CACB.TO