Looking to diversify beyond MFT.TO? The ETFs below have the lowest correlation with MFT.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 MFT.TO.
Best Diversifiers for MFT.TO
16 ETFs have low correlation with MFT.TO (below 0.3), 9 of which are negatively correlated. The least correlated is TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO) (Short-Term Bond) with a 1Y correlation of -0.15, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TD Select U.S. Short Term Corporate Bond Ladder ET... | -0.15 | 0.01 | 0.04 | 50 | Short-Term Bond, Corporate Bonds | MFT.TO vs TUSB.TO | |
| RBC Target 2026 Corporate Bond Index ETF | -0.13 | 0.00 | 0.06 | 98 | Corporate Bonds | MFT.TO vs RQO.TO | |
| BMO High Quality Corporate Bond Index ETF | -0.12 | -0.01 | 0.04 | 70 | Corporate Bonds | MFT.TO vs ZQB.TO | |
| iShares Canadian HYBrid Corporate Bond Index ETF | -0.06 | 0.04 | 0.09 | 63 | Corporate Bonds | MFT.TO vs XHB.TO | |
| Fidelity Canadian Short Term Corporate Bond ETF | -0.04 | 0.02 | 0.05 | 51 | Corporate Bonds | MFT.TO vs FCSB.NEO |
See all 16 diversifiers for MFT.TO
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