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HAMILTON CHAMPIONS U.S. Dividend Index ETF (CAD Hedged) (SMVP.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 1, 2026

SMVP aims to track the returns of the Solactive United States Dividend Elite Champions Index, net of fees and expenses, through quarterly rebalancing.

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

Best Diversifiers for SMVP.TO

24 ETFs have low correlation with SMVP.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Hamilton Technology YIELD MAXIMIZER ETF (QMAX.TO) (Technology Equities) with a 1Y correlation of 0.02, down from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QMAX.TO
Hamilton Technology YIELD MAXIMIZER ETF0.020.140.14
54
Technology Equities, Derivative IncomeSMVP.TO vs QMAX.TO
XMTM.TO
iShares MSCI USA Momentum Factor Index ETF0.07——
78
Momentum, Large Cap Blend EquitiesSMVP.TO vs XMTM.TO
XCHP.TO
iShares Semiconductor Index ETF0.09——
97
Semiconductors, Technology EquitiesSMVP.TO vs XCHP.TO
ZNQ.TO
BMO NASDAQ 100 Equity Index ETF0.12——
76
Nasdaq-100SMVP.TO vs ZNQ.TO
KNGC.TO
Brompton Canadian Cash Flow Kings ETF0.130.110.11
95
Canada EquitiesSMVP.TO vs KNGC.TO
See all 32 diversifiers for SMVP.TO

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Diversification Analysis

Build a portfolio that complements SMVP.TO

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

Analyze a portfolio with SMVP.TO