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TD Balanced ETF Portfolio (TBAL.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

TD Balanced ETF Portfolio seeks long-term capital growth and some income by investing primarily in units of exchange-traded funds with a balanced asset mix of approximately 60% equities and 40% fixed income, achieving global exposure through ETFs, direct securities, and derivatives.

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

Best Diversifiers for TBAL.TO

4 ETFs have low correlation with TBAL.TO (below 0.3), 0 of which are negatively correlated. The least correlated is TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO) (Short-Term Bond) with a 1Y correlation of 0.10, roughly unchanged from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TUSB.TO
TD Select U.S. Short Term Corporate Bond Ladder ET...0.100.070.04
50
Short-Term Bond, Corporate BondsTBAL.TO vs TUSB.TO
TCSH.TO
TD Cash Management ETF0.16——
99
Ultrashort BondTBAL.TO vs TCSH.TO
CGRA.TO
CI Global Real Asset Private Pool0.200.190.20
82
Global AllocationTBAL.TO vs CGRA.TO
TPRF.TO
TD Active Preferred Share ETF0.290.260.27
97
Preferred Stock/Convertible BondsTBAL.TO vs TPRF.TO
FCGI.TO
Fidelity Global Monthly High Income ETF0.360.300.27
93
Global AllocationTBAL.TO vs FCGI.TO
See all 46 diversifiers for TBAL.TO

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Diversification Analysis

Build a portfolio that complements TBAL.TO

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