Looking to diversify beyond TCSH.TO? The ETFs below have historically moved differently from TCSH.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 TCSH.TO
55 ETFs have low correlation with TCSH.TO (below 0.3), 6 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Canadian Government Floating Rate Index ET... | -0.08 | — | — | 98 | Canadian Government Bonds | TCSH.TO vs PFL.TO | |
| Dynamic Active Ultra Short Term Bond ETF | -0.05 | — | — | 88 | Ultrashort Bond, Corporate Bonds, Actively Managed | TCSH.TO vs DXV.TO | |
| PIMCO Global Short Maturity Fund (Canada) | -0.03 | — | — | 83 | Ultrashort Bond, Global Bonds, Investment Grade Bonds, Actively Managed | TCSH.TO vs PMNT.TO | |
| CIBC Premium Cash Management ETF | -0.03 | — | — | 99 | Money Market | TCSH.TO vs CCAD.TO | |
| Global X High Interest Savings ETF | -0.02 | — | — | 100 | Money Market | TCSH.TO vs CASH.TO |
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