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Fidelity Canadian High Dividend Index ETF (FCCD.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 17, 2026

The Fidelity Canadian High Dividend Index ETF seeks to provide investors with exposure to high-quality, tax-preferred Canadian dividend-paying companies, aiming to deliver monthly income and capital gains.

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

Best Diversifiers for FCCD.TO

3 ETFs have low correlation with FCCD.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO Tactical Dividend ETF Fund (ZZZD.TO) (Dividend) with a 1Y correlation of 0.21, roughly unchanged from 0.30 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ZZZD.TO
BMO Tactical Dividend ETF Fund0.210.200.30
83
DividendFCCD.TO vs ZZZD.TO
BLOV.TO
Brompton North American Low Volatility Dividend ET...0.240.230.26
87
DividendFCCD.TO vs BLOV.TO
FINN.NEO
Fidelity Global Innovators ETF0.290.28—
85
Global EquitiesFCCD.TO vs FINN.NEO
DXU.TO
Dynamic Active U.S. Dividend ETF0.310.270.31
59
DividendFCCD.TO vs DXU.TO
RUD.TO
RBC Quant U.S. Dividend Leaders ETF (CAD)0.390.420.45
73
Large Cap Blend Equities, DividendFCCD.TO vs RUD.TO
See all 34 diversifiers for FCCD.TO

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Diversification Analysis

Build a portfolio that complements FCCD.TO

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Analyze a portfolio with FCCD.TO