Looking to diversify beyond DXO.TO? The ETFs below have the lowest correlation with DXO.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 DXO.TO.
Best Diversifiers for DXO.TO
9 ETFs have low correlation with DXO.TO (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Target 2026 Corporate Bond Index ETF (RQO.TO) (Corporate Bonds) with a 1Y correlation of 0.03, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Target 2026 Corporate Bond Index ETF | 0.03 | 0.23 | 0.22 | 98 | Corporate Bonds | DXO.TO vs RQO.TO | |
| TD Select U.S. Short Term Corporate Bond Ladder ET... | 0.08 | 0.06 | 0.02 | 50 | Short-Term Bond, Corporate Bonds | DXO.TO vs TUSB.TO | |
| Dynamic Active Preferred Shares ETF | 0.08 | 0.08 | 0.12 | 96 | Preferred Stock/Convertible Bonds | DXO.TO vs DXP.TO | |
| CIBC Active Investment Grade Floating Rate Bond ET... | 0.12 | -0.01 | -0.00 | 94 | Corporate Bonds | DXO.TO vs CFRN.TO | |
| Dynamic Active Global Infrastructure ETF | 0.18 | 0.16 | 0.21 | 69 | Industrials Equities | DXO.TO vs DXN.TO |
See all 14 diversifiers for DXO.TO
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Diversification Analysis
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