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RBC Quant U.S. Dividend Leaders ETF (CAD) (RUD.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 15, 2026

The RBC Quant U.S. Dividend Leaders ETF aims to offer investors exposure to a diversified mix of high-quality U.S. equities anticipated to deliver consistent dividend income along with opportunities for long-term capital appreciation. The fund focuses on selecting stocks that exhibit strong dividend performance and potential for sustainable growth.

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

Best Diversifiers for RUD.TO

4 ETFs have low correlation with RUD.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
KNGC.TO
Brompton Canadian Cash Flow Kings ETF0.11——
95
Canada EquitiesRUD.TO vs KNGC.TO
RCDB.NEO
RBC Canadian Discount Bond ETF0.200.110.07
52
Short-Term BondRUD.TO vs RCDB.NEO
RPF.TO
RBC Canadian Preferred Share ETF0.240.190.21
97
Preferred Stock/Convertible BondsRUD.TO vs RPF.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETF0.250.360.42
98
Canada EquitiesRUD.TO vs XEI.TO
FCCD.TO
Fidelity Canadian High Dividend Index ETF0.390.420.45
96
DividendRUD.TO vs FCCD.TO
See all 39 diversifiers for RUD.TO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from RUD.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RUD.TO and solid risk/return profiles. The least correlated is Keyera Corp. (KEY.TO) (Energy) with a 1Y correlation of -0.17, down from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
KEY.TO
Keyera Corp.-0.170.090.17
88
Energy
PPL.TO
Pembina Pipeline Corporation-0.100.120.19
91
Energy
IMG.TO
IAMGOLD Corporation0.190.110.09
86
Basic Materials
DIR-UN.TO
Dream Industrial Real Estate Investment Trust0.250.300.34
84
Real Estate

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Diversification Analysis

Build a portfolio that complements RUD.TO

Add RUD.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with RUD.TO