Looking to diversify beyond FCVH.TO? The ETFs below have the lowest correlation with FCVH.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 FCVH.TO.
Best Diversifiers for FCVH.TO
0 ETFs have low correlation with FCVH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco RAFI U.S. Index ETF II CAD (PXS.TO) (Large Cap Value Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco RAFI U.S. Index ETF II CAD | 0.35 | 0.36 | 0.36 | 95 | Large Cap Value Equities | FCVH.TO vs PXS.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.41 | 0.42 | 0.41 | 98 | Dividend, Large Cap Value Equities | FCVH.TO vs XDIV.TO | |
| iShares Core MSCI US Quality Dividend Index ETF | 0.44 | 0.43 | 0.36 | 60 | Large Cap Value Equities, Dividend | FCVH.TO vs XDU.TO | |
| Fidelity Canadian Momentum Index ETF | 0.54 | 0.45 | 0.40 | 87 | Momentum, Canada Equities | FCVH.TO vs FCCM.NEO | |
| Fidelity International Momentum Index ETF | 0.55 | 0.43 | 0.36 | 78 | Momentum, International Equity | FCVH.TO vs FCIM.NEO |
See all 15 diversifiers for FCVH.TO
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