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Desjardins Canadian Equity Index ETF (DMEC.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

The Desjardins Canadian Equity Index ETF seeks to replicate the performance of the Solactive Canada Broad Market Index, providing broad exposure to the Canadian public equity market across diversified sectors and market capitalizations.

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

Best Diversifiers for DMEC.TO

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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XEG.TO
iShares S&P/TSX Capped Energy Index ETF0.03——
78
Energy Equities, Canada EquitiesDMEC.TO vs XEG.TO
DCP.TO
Desjardins Canadian Preferred Share Index ETF0.08——
91
Preferred Stock/Convertible BondsDMEC.TO vs DCP.TO
INOC.TO
Global X Inovestor Canadian Equity Index ETF0.120.340.34
67
Canada EquitiesDMEC.TO vs INOC.TO
DRFU.TO
Desjardins RI USA Multifactor - Net-Zero Emissions...0.24——
89
Large Cap Blend Equities, Sustainable, Multi-factorDMEC.TO vs DRFU.TO
KNGC.TO
Brompton Canadian Cash Flow Kings ETF0.30——
95
Canada EquitiesDMEC.TO vs KNGC.TO
See all 62 diversifiers for DMEC.TO

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Diversification Analysis

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

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