Looking to diversify beyond TDOC.TO? The ETFs below have the lowest correlation with TDOC.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 TDOC.TO.
Best Diversifiers for TDOC.TO
2 ETFs have low correlation with TDOC.TO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TD Cash Management ETF | 0.11 | — | — | 99 | Ultrashort Bond | TDOC.TO vs TCSH.TO | |
| iShares Genomics Immunology and Healthcare Index E... | 0.29 | 0.23 | — | 89 | Health & Biotech Equities | TDOC.TO vs XDNA.TO | |
| TD Canadian Bank Dividend Index ETF | 0.32 | 0.31 | — | 98 | Dividend | TDOC.TO vs TBNK.TO | |
| TD Canadian Equity Index ETF | 0.35 | 0.37 | 0.38 | 89 | Canada Equities | TDOC.TO vs TTP.TO | |
| TD Q Canadian Dividend ETF | 0.36 | 0.33 | 0.31 | 96 | Canada Equities | TDOC.TO vs TQCD.TO |
See all 10 diversifiers for TDOC.TO
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Diversification Analysis
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