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CI Preferred Share ETF (FPR.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 1, 2026

The CI Preferred Share ETF (FPR) is an actively managed fund investing in a diversified portfolio of Canadian preferred shares.

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

Best Diversifiers for FPR.TO

9 ETFs have low correlation with FPR.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Dynamic Active Preferred Shares ETF (DXP.TO) (Preferred Stock/Convertible Bonds) with a 1Y correlation of 0.05, down from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DXP.TO
Dynamic Active Preferred Shares ETF0.050.110.17
96
Preferred Stock/Convertible BondsFPR.TO vs DXP.TO
CIC.TO
CI Canadian Banks Covered Call Income Class ETF0.100.090.08
97
Financials EquitiesFPR.TO vs CIC.TO
HYBR.TO
Global X Active Hybrid Bond and Preferred Share ET...0.110.130.17
91
Preferred Stock/Convertible BondsFPR.TO vs HYBR.TO
RPF.TO
RBC Canadian Preferred Share ETF0.120.160.23
97
Preferred Stock/Convertible BondsFPR.TO vs RPF.TO
TPRF.TO
TD Active Preferred Share ETF0.130.190.23
96
Preferred Stock/Convertible BondsFPR.TO vs TPRF.TO
See all 9 diversifiers for FPR.TO

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Diversification Analysis

Build a portfolio that complements FPR.TO

Add FPR.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FPR.TO