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Hamilton Enhanced Utilities ETF (HUTS.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

Hamilton Enhanced Utilities ETF seeks to replicate, before fees and expenses, 1.25 times the performance of the Solactive Canadian Utility Services High Dividend Index TR, using modest leverage to provide enhanced exposure to Canadian utilities, telecom, and pipeline companies.

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

Best Diversifiers for HUTS.TO

4 ETFs have low correlation with HUTS.TO (below 0.3), 1 of which are negatively correlated. The least correlated is Hamilton Enhanced U.S. Covered Call ETF (USD) (HYLD-U.TO) (Derivative Income) with a 1Y correlation of -0.09, down from 0.12 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HYLD-U.TO
Hamilton Enhanced U.S. Covered Call ETF (USD)-0.090.12—
73
Derivative IncomeHUTS.TO vs HYLD-U.TO
MIX.TO
Hamilton Enhanced Mixed Asset ETF0.01——
63
Diversified PortfolioHUTS.TO vs MIX.TO
HEB.TO
Hamilton Canadian Bank Equal-Weight Index ETF0.020.34—
96
Financials EquitiesHUTS.TO vs HEB.TO
HCA.TO
Hamilton Canadian Bank Mean Reversion Index ETF0.040.37—
96
Canada EquitiesHUTS.TO vs HCA.TO
CWIN.TO
HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...0.32——
83
DividendHUTS.TO vs CWIN.TO
See all 12 diversifiers for HUTS.TO

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Diversification Analysis

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