Looking to diversify beyond RBO.TO? The ETFs below have the lowest correlation with RBO.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 RBO.TO.
Best Diversifiers for RBO.TO
6 ETFs have low correlation with RBO.TO (below 0.3), 0 of which are negatively correlated. The least correlated is CIBC Active Investment Grade Floating Rate Bond ETF (CFRN.TO) (Corporate Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CIBC Active Investment Grade Floating Rate Bond ET... | 0.00 | 0.03 | 0.01 | 94 | Corporate Bonds | RBO.TO vs CFRN.TO | |
| RBC Quant European Dividend Leaders CAD Hedged ETF | 0.07 | 0.08 | 0.06 | 92 | Europe Equities, Dividend | RBO.TO vs RPDH.TO | |
| TD Select U.S. Short Term Corporate Bond Ladder ET... | 0.08 | 0.14 | 0.17 | 50 | Short-Term Bond, Corporate Bonds | RBO.TO vs TUSB.TO | |
| RBC Canadian Preferred Share ETF | 0.19 | 0.05 | 0.03 | 97 | Preferred Stock/Convertible Bonds | RBO.TO vs RPF.TO | |
| RBC Target 2026 Corporate Bond Index ETF | 0.20 | 0.40 | 0.44 | 98 | Corporate Bonds | RBO.TO vs RQO.TO |
See all 18 diversifiers for RBO.TO
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