Looking to diversify beyond DRCU.TO? The ETFs below have the lowest correlation with DRCU.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 DRCU.TO.
Best Diversifiers for DRCU.TO
9 ETFs have low correlation with DRCU.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 0.03, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Desjardins RI USA Multifactor - Net-Zero Emissions... | 0.03 | 0.02 | 0.02 | 89 | Large Cap Blend Equities, Sustainable, Multi-factor | DRCU.TO vs DRFU.TO | |
| Desjardins Canadian Preferred Share Index ETF | 0.05 | 0.10 | 0.06 | 91 | Preferred Stock/Convertible Bonds | DRCU.TO vs DCP.TO | |
| Desjardins RI Global Multifactor Fossil Fuel Reser... | 0.21 | 0.10 | 0.08 | 87 | Global Equities, Sustainable, Multi-factor | DRCU.TO vs DRFG.TO | |
| Desjardins RI Canada - Net-Zero Emissions Pathway ... | 0.21 | 0.10 | 0.05 | 85 | Canada Equities, Sustainable | DRCU.TO vs DRMC.TO | |
| Desjardins RI Canada Multifactor - Net-Zero Emissi... | 0.21 | 0.14 | 0.08 | 81 | Canada Equities, Sustainable, Multi-factor | DRCU.TO vs DRFC.TO |
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