PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

CI Europe Hedged Equity Index ETF (EHE.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 1, 2026

The CI Europe Hedged Equity Index ETF seeks to replicate the performance of the WisdomTree Europe CAD-Hedged Equity Index, net of expenses. The index provides exposure to dividend-paying European companies that generate a significant portion of their revenue from exports outside of Europe, while hedging the currency exposure back to the Canadian dollar.

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

Best Diversifiers for EHE.TO

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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CMNY.TO
CI Money Market ETF CAD Series-0.07——
99
Money MarketEHE.TO vs CMNY.TO
XEH.TO
iShares MSCI Europe IMI Index ETF (CAD-Hedged)-0.010.140.20
54
Europe EquitiesEHE.TO vs XEH.TO
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units-0.000.04—
65
CommoditiesEHE.TO vs CCOM.TO
VXM-B.TO
CI Morningstar International Value Index ETF (Unhe...0.060.250.26
72
Foreign Small & Mid Cap EquitiesEHE.TO vs VXM-B.TO
CEQT.TO
CI Equity Asset Allocation ETF0.090.06—
92
Diversified PortfolioEHE.TO vs CEQT.TO
See all 13 diversifiers for EHE.TO

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements EHE.TO

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

Analyze a portfolio with EHE.TO