Looking to diversify beyond RCD.TO? The ETFs below have the lowest correlation with RCD.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 RCD.TO.
Best Diversifiers for RCD.TO
8 ETFs have low correlation with RCD.TO (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hang Seng High Dividend 30 Index ETF | -0.01 | — | — | 90 | Dividend | RCD.TO vs 3466.HK | |
| RBC Canadian Preferred Share ETF | 0.13 | 0.22 | 0.27 | 97 | Preferred Stock/Convertible Bonds | RCD.TO vs RPF.TO | |
| Amplify Natural Resources Dividend Income ETF | 0.18 | 0.37 | — | 56 | Energy Equities, Dividend | RCD.TO vs NDIV | |
| YieldMax AMD Option Income Strategy ETF | 0.23 | — | — | 93 | Options Trading, Dividend | RCD.TO vs AMDY | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.27 | 0.41 | 0.42 | 91 | Global Equities, Dividend | RCD.TO vs TDGB.L |
See all 43 diversifiers for RCD.TO
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Diversification Analysis
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