Looking to diversify beyond ICAE.TO? The ETFs below have historically moved differently from ICAE.TO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ICAE.TO
17 ETFs have low correlation with ICAE.TO (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 Income Advantage ETF | 0.11 | — | — | 62 | Nasdaq-100, Derivative Income, Options Trading, Actively Managed | ICAE.TO vs QQCI.TO | |
| iShares Core MSCI US Quality Dividend Index ETF | 0.12 | 0.21 | — | 75 | Quality Factor, Large Cap Value Equities, Dividend | ICAE.TO vs XDU.TO | |
| BMO Tactical Dividend ETF Fund | 0.14 | 0.17 | — | 84 | Dividend | ICAE.TO vs ZZZD.TO | |
| Brompton North American Low Volatility Dividend ET... | 0.17 | 0.25 | — | 79 | Dividend, Low Volatility | ICAE.TO vs BLOV.TO | |
| Invesco RAFI U.S. Index ETF II CAD | 0.20 | 0.22 | — | 95 | Large Cap Value Equities | ICAE.TO vs PXS.TO |
See all 24 diversifiers for ICAE.TO
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