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Lysander-Slater Preferred Share ActivETF (PR.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

Lysander-Slater Preferred Share ActivETF is actively managed and invests in preferred shares.

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

Best Diversifiers for PR.TO

11 ETFs have low correlation with PR.TO (below 0.3), 0 of which are negatively correlated. The least correlated is CI Preferred Share ETF (FPR.TO) (Preferred Stock/Convertible Bonds) with a 1Y correlation of 0.01, down from 0.22 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FPR.TO
CI Preferred Share ETF0.010.110.22
90
Preferred Stock/Convertible BondsPR.TO vs FPR.TO
PREF.TO
Quadravest Preferred Split Share ETF0.04——
64
Preferred Stock/Convertible BondsPR.TO vs PREF.TO
HLPR.TO
Global X Laddered Canadian Preferred Share Index C...0.110.280.33
97
Preferred Stock/Convertible BondsPR.TO vs HLPR.TO
HYBR.TO
Global X Active Hybrid Bond and Preferred Share ET...0.110.140.19
92
Preferred Stock/Convertible BondsPR.TO vs HYBR.TO
SPLT.TO
Brompton Split Corp. Preferred Share ETF0.110.11—
65
Preferred Stock/Convertible BondsPR.TO vs SPLT.TO
See all 11 diversifiers for PR.TO

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Diversification Analysis

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