Looking to diversify beyond RCDC.TO? The ETFs below have historically moved differently from RCDC.TO, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for RCDC.TO
19 ETFs have low correlation with RCDC.TO (below 0.3), 0 of which are negatively correlated. The least correlated is RBC Target 2026 Canadian Corporate Bond Index ETF (RQO.TO) (Short-Term Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.06 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| RBC Target 2026 Canadian Corporate Bond Index ETF | 0.05 | 0.06 | — | 98 | Short-Term Bond, Corporate Bonds | RCDC.TO vs RQO.TO | |
| CI Energy Giants Covered Call ETF Common Units (CA... | 0.07 | 0.14 | 0.16 | 70 | Energy Equities, Derivative Income, Options Trading, Actively Managed | RCDC.TO vs NXF.TO | |
| Hamilton Energy YIELD MAXIMIZER ETF | 0.10 | 0.18 | 0.18 | 80 | Energy Equities, Derivative Income | RCDC.TO vs EMAX.TO | |
| Harvest Energy Leaders Income ETF – Class A Units | 0.12 | 0.18 | — | 87 | Energy Equities, Derivative Income | RCDC.TO vs HPF.TO | |
| Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed... | 0.12 | — | — | 71 | Government Bonds, Derivative Income | RCDC.TO vs HBIL-U.TO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements RCDC.TO
Add RCDC.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RCDC.TO