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TD International Equity Index ETF (TPE.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

TD International Equity Index ETF seeks to track the performance of an international equity markets index comprising mid- and large-capitalization issuers in Europe, Asia, and the Far East, excluding South Korea. To achieve this, it invests in a proportionate share of the index's constituent securities, other securities to obtain similar exposure, or securities matching the index's aggregate investment characteristics.

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

Best Diversifiers for TPE.TO

2 ETFs have low correlation with TPE.TO (below 0.3), 0 of which are negatively correlated. The least correlated is TD Cash Management ETF (TCSH.TO) (Canadian Government Bonds) with a 1Y correlation of 0.13, roughly unchanged from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TCSH.TO
TD Cash Management ETF0.130.040.04
99
Canadian Government BondsTPE.TO vs TCSH.TO
TPRF.TO
TD Active Preferred Share ETF0.210.230.25
96
Preferred Stock/Convertible BondsTPE.TO vs TPRF.TO
QDXH.TO
Mackenzie International Equity Index ETF (CAD-Hedg...0.390.360.32
67
International EquityTPE.TO vs QDXH.TO
TCSB.TO
TD Select Short Term Corporate Bond Ladder ETF0.400.310.22
58
Short-Term BondTPE.TO vs TCSB.TO
TCLV.TO
TD Q Canadian Low Volatility ETF0.420.480.45
59
Canada EquitiesTPE.TO vs TCLV.TO
See all 38 diversifiers for TPE.TO

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Diversification Analysis

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