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Fidelity International High Dividend ETF (FCID.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 14, 2026

The Fidelity International High Dividend ETF seeks to track the Fidelity Canada International High Dividend Index, providing exposure to high-quality dividend-paying companies in international developed markets.

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

Best Diversifiers for FCID.TO

3 ETFs have low correlation with FCID.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Laddered Canadian Preferred Share Index Corporate Class ETF (HLPR.TO) (Preferred Stock/Convertible Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.19 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HLPR.TO
Global X Laddered Canadian Preferred Share Index C...0.150.170.19
97
Preferred Stock/Convertible BondsFCID.TO vs HLPR.TO
FCSB.NEO
Fidelity Canadian Short Term Corporate Bond ETF0.220.150.13
50
Corporate BondsFCID.TO vs FCSB.NEO
ZZZD.TO
BMO Tactical Dividend ETF Fund0.250.210.29
79
DividendFCID.TO vs ZZZD.TO
FCGI.TO
Fidelity Global Monthly High Income ETF0.360.280.28
93
Global AllocationFCID.TO vs FCGI.TO
CWIN.TO
HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...0.39——
95
DividendFCID.TO vs CWIN.TO
See all 41 diversifiers for FCID.TO

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Diversification Analysis

Build a portfolio that complements FCID.TO

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