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Avantis CIBC Canadian Equity ETF (CACE.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

The Avantis CIBC Canadian Equity ETF seeks long-term capital appreciation through a broadly diversified portfolio of Canadian equities. The fund is actively managed using a systematic, research-driven process that overweights companies trading at lower valuations and with higher profitability, aiming to outperform the broad Canadian equity market while retaining the cost and diversification benefits of index investing. Sub-advised by Avantis Investors and managed by CIBC Asset Management.

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

Best Diversifiers for CACE.TO

0 ETFs have low correlation with CACE.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Canadian High Dividend Index Corporate Class ETF (HXH.TO) (Canada Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.35 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HXH.TO
Global X Canadian High Dividend Index Corporate Cl...0.350.350.35
98
Canada EquitiesCACE.TO vs HXH.TO
XMTM.TO
iShares MSCI USA Momentum Factor Index ETF0.470.470.47
65
Momentum, Large Cap Blend EquitiesCACE.TO vs XMTM.TO
TCLV.TO
TD Q Canadian Low Volatility ETF0.580.580.58
59
Canada EquitiesCACE.TO vs TCLV.TO
XDV.TO
iShares Canadian Select Dividend Index ETF0.700.700.70
97
Canada EquitiesCACE.TO vs XDV.TO
ZDV.TO
BMO Canadian Dividend ETF0.790.790.79
89
Canada EquitiesCACE.TO vs ZDV.TO
See all 6 diversifiers for CACE.TO

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Diversification Analysis

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