Looking to diversify beyond FLCI.TO? The ETFs below have the lowest correlation with FLCI.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 FLCI.TO.
Best Diversifiers for FLCI.TO
5 ETFs have low correlation with FLCI.TO (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Target 2026 Corporate Bond Index ETF (RQO.TO) (Corporate Bonds) with a 1Y correlation of 0.09, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Target 2026 Corporate Bond Index ETF | 0.09 | 0.24 | 0.30 | 98 | Corporate Bonds | FLCI.TO vs RQO.TO | |
| CIBC Active Investment Grade Floating Rate Bond ET... | 0.15 | 0.15 | 0.10 | 94 | Corporate Bonds | FLCI.TO vs CFRN.TO | |
| TD Select U.S. Short Term Corporate Bond Ladder ET... | 0.18 | 0.14 | 0.13 | 53 | Short-Term Bond, Corporate Bonds | FLCI.TO vs TUSB.TO | |
| Fidelity Canadian Short Term Corporate Bond ETF | 0.19 | 0.20 | 0.24 | 55 | Corporate Bonds | FLCI.TO vs FCSB.NEO | |
| Franklin U.S. Large Cap Multifactor Index ETF | 0.25 | 0.17 | 0.10 | 57 | Large Cap Blend Equities | FLCI.TO vs FLUS.TO |
See all 12 diversifiers for FLCI.TO
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