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TD Select Short Term Corporate Bond Ladder ETF (TCSB.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

The TD Select Short Term Corporate Bond Ladder ETF aims to earn a high rate of interest while preserving capital by investing in a diversified portfolio of primarily investment-grade Canadian corporate bonds, divided into five groupings with staggered maturities from approximately one to five years.

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

Best Diversifiers for TCSB.TO

8 ETFs have low correlation with TCSB.TO (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Premium Money Market ETF (CMR.TO) (Money Market) with a 1Y correlation of -0.09, down from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CMR.TO
iShares Premium Money Market ETF-0.09-0.020.04
99
Money MarketTCSB.TO vs CMR.TO
TCSH.TO
TD Cash Management ETF0.04——
99
Canadian Government BondsTCSB.TO vs TCSH.TO
ZPR.TO
BMO Laddered Preferred Share Index ETF0.130.070.08
97
Preferred Stock/Convertible BondsTCSB.TO vs ZPR.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.170.180.09
98
DividendTCSB.TO vs VDY.TO
USCC.TO
Global X S&P 500 Covered Call ETF0.250.150.10
80
Derivative Income, S&P 500TCSB.TO vs USCC.TO
See all 16 diversifiers for TCSB.TO

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Diversification Analysis

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