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First Trust Canadian Capital Strength ETF (FST.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

The First Trust Canadian Capital Strength ETF seeks long-term capital appreciation by investing primarily in securities of Canadian issuers or companies with significant business operations in Canada. The actively managed portfolio uses a capital strength strategy focused on companies with strong balance sheets, liquidity, profitability, and financial flexibility across Canadian equity sectors.

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

Best Diversifiers for FST.TO

5 ETFs have low correlation with FST.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P/TSX Capped Energy Index ETF (XEG.TO) (Energy Equities) with a 1Y correlation of 0.01, down from 0.28 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XEG.TO
iShares S&P/TSX Capped Energy Index ETF0.010.270.28
78
Energy Equities, Canada EquitiesFST.TO vs XEG.TO
ETP.TO
First Trust Global Risk Managed Income Index ETF0.040.170.26
92
Global Equity IncomeFST.TO vs ETP.TO
BLCK.TO
First Trust Indxx Innovative Transaction and Proce...0.050.110.24
68
BlockchainFST.TO vs BLCK.TO
FINT.TO
First Trust International Capital Strength ETF0.260.210.29
55
International EquityFST.TO vs FINT.TO
HXH.TO
Global X Canadian High Dividend Index Corporate Cl...0.270.420.40
98
Canada EquitiesFST.TO vs HXH.TO
See all 29 diversifiers for FST.TO

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Diversification Analysis

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