Looking to diversify beyond PDF.TO? The ETFs below have the lowest correlation with PDF.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 PDF.TO.
Best Diversifiers for PDF.TO
1 ETFs have low correlation with PDF.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Brompton North American Low Volatility Dividend ETF (BLOV.TO) (Dividend) with a 1Y correlation of 0.25, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brompton North American Low Volatility Dividend ET... | 0.25 | 0.29 | 0.30 | 87 | Dividend, Low Volatility | PDF.TO vs BLOV.TO | |
| Purpose Diversified Real Asset Fund | 0.43 | 0.48 | 0.51 | 95 | Diversified Portfolio, Global Allocation, Natural Resources, Actively Managed | PDF.TO vs PRA.TO | |
| CI Morningstar National Bank Québec Index ETF | 0.45 | 0.49 | 0.50 | 60 | Canada Equities | PDF.TO vs QXM.TO | |
| Purpose Multi-Asset Income Fund | 0.46 | 0.47 | 0.50 | 97 | Derivative Income, Dividend, Tactical Allocation, Diversified Portfolio | PDF.TO vs PINC.TO | |
| Invesco S&P/TSX Composite Low Volatility Index ETF | 0.55 | 0.60 | 0.63 | 97 | Canada Equities, Low Volatility | PDF.TO vs TLV.TO |
See all 22 diversifiers for PDF.TO
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