Looking to diversify beyond DCU.TO? The ETFs below have the lowest correlation with DCU.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 DCU.TO.
Best Diversifiers for DCU.TO
4 ETFs have low correlation with DCU.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) (Large Cap Blend Equities) with a 1Y correlation of 0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Desjardins RI USA Multifactor - Net-Zero Emissions... | 0.04 | 0.05 | 0.04 | 89 | Large Cap Blend Equities, Sustainable, Multi-factor | DCU.TO vs DRFU.TO | |
| Desjardins RI Canada - Net-Zero Emissions Pathway ... | 0.26 | 0.20 | 0.10 | 85 | Canada Equities, Sustainable | DCU.TO vs DRMC.TO | |
| Desjardins RI Global Multifactor Fossil Fuel Reser... | 0.27 | 0.14 | 0.13 | 87 | Global Equities, Sustainable, Multi-factor | DCU.TO vs DRFG.TO | |
| Desjardins Canadian Equity Index ETF | 0.28 | — | — | 89 | Canada Equities | DCU.TO vs DMEC.TO | |
| Desjardins RI Developed ex-USA ex-Canada Multifact... | 0.32 | 0.16 | 0.11 | 69 | Foreign Large Cap Equities, Sustainable, Multi-factor | DCU.TO vs DRFD.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DCU.TO
Add DCU.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DCU.TO