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

ETF · Currency in CAD · Last updated Jun 8, 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

3 ETFs have low correlation with EHE.TO (below 0.3), 1 of which are negatively correlated. The least correlated is CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) (Energy Equities) with a 1Y correlation of -0.09, down from 0.08 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...-0.09-0.000.08
76
Energy Equities, Derivative IncomeEHE.TO vs NXF.TO
VXM-B.TO
CI Morningstar International Value Index ETF (Unhe...0.050.250.26
69
Foreign Small & Mid Cap EquitiesEHE.TO vs VXM-B.TO
CIC.TO
CI Canadian Banks Covered Call Income Class ETF0.140.180.21
96
Financials EquitiesEHE.TO vs CIC.TO

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Diversification Analysis

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

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