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Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 25, 2026

The Desjardins Canadian Corporate Bond Index ETF aims to replicate the performance of the Solactive Canadian Bond Universe Corporate Total Return Index by investing primarily in Canadian corporate bonds.

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

Best Diversifiers for DCBC.TO

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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DMEC.TO
Desjardins Canadian Equity Index ETF0.17——
84
Canada EquitiesDCBC.TO vs DMEC.TO
ZIC.TO
BMO Mid-Term US Investment Grade Corporate Bond In...0.21——
51
Corporate BondsDCBC.TO vs ZIC.TO
FCSB.NEO
Fidelity Canadian Short Term Corporate Bond ETF0.22——
51
Corporate BondsDCBC.TO vs FCSB.NEO
ZBBB.TO
BMO BBB Corporate Bond Index ETF0.33——
55
Corporate BondsDCBC.TO vs ZBBB.TO
XHB.TO
iShares Canadian HYBrid Corporate Bond Index ETF0.47——
54
Corporate BondsDCBC.TO vs XHB.TO

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Diversification Analysis

Build a portfolio that complements DCBC.TO

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

Analyze a portfolio with DCBC.TO