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Mackenzie AAA CLO ETF (MAAA.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 26, 2026

The Mackenzie AAA CLO ETF invests in a diversified portfolio of AAA-rated collateralized loan obligations (CLOs) from the United States and Canada, aiming to provide attractive yields without compromising credit quality. The fund seeks to benchmark its performance against the JPM CLOIE AAA Index (CAD-hedged).

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

Best Diversifiers for MAAA.TO

6 ETFs have low correlation with MAAA.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MGRW.TO
Mackenzie Growth Allocation ETF0.05——
84
Diversified PortfolioMAAA.TO vs MGRW.TO
QDXH.TO
Mackenzie International Equity Index ETF (CAD-Hedg...0.07——
80
International EquityMAAA.TO vs QDXH.TO
ZAAA.NEO
BMO AAA CLO ETF0.08——
62
CLOMAAA.TO vs ZAAA.NEO
QCN.TO
Mackenzie Canadian Equity Index ETF0.10——
86
Canada EquitiesMAAA.TO vs QCN.TO
QDX.TO
Mackenzie International Equity Index ETF0.12——
61
Foreign Large Cap EquitiesMAAA.TO vs QDX.TO
See all 6 diversifiers for MAAA.TO

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Diversification Analysis

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