Looking to diversify beyond FCUQ.TO? The ETFs below have the lowest correlation with FCUQ.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 FCUQ.TO.
Best Diversifiers for FCUQ.TO
1 ETFs have low correlation with FCUQ.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Brompton Canadian Cash Flow Kings ETF (KNGC.TO) (Large Cap Blend Equities) with a 1Y correlation of 0.06, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brompton Canadian Cash Flow Kings ETF | 0.06 | 0.17 | 0.17 | 97 | Large Cap Blend Equities | FCUQ.TO vs KNGC.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.33 | 0.42 | 0.44 | 98 | Dividend | FCUQ.TO vs VDY.TO | |
| Fidelity Canadian Momentum Index ETF | 0.42 | 0.40 | 0.38 | 76 | Momentum, Canada Equities | FCUQ.TO vs FCCM.NEO | |
| iShares US Fundamental Index ETF (CAD-Hedged) Comm... | 0.46 | 0.51 | 0.50 | 81 | Large Cap Blend Equities | FCUQ.TO vs CLU.NEO | |
| Fidelity International Momentum Index ETF | 0.49 | 0.49 | 0.52 | 67 | Momentum, International Equity | FCUQ.TO vs FCIM.NEO |
See all 27 diversifiers for FCUQ.TO
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Diversification Analysis
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