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TD International Equity Index ETF (TPE.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 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

5 ETFs have low correlation with TPE.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Purpose High Interest Savings Fund (PSA.TO) (Money Market) with a 1Y correlation of 0.07, roughly unchanged from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PSA.TO
Purpose High Interest Savings Fund0.070.070.04
99
Money MarketTPE.TO vs PSA.TO
TUSB.TO
TD Select U.S. Short Term Corporate Bond Ladder ET...0.12-0.00-0.03
50
Short-Term Bond, Corporate BondsTPE.TO vs TUSB.TO
TCSH.TO
TD Cash Management ETF0.15——
99
Ultrashort BondTPE.TO vs TCSH.TO
TPRF.TO
TD Active Preferred Share ETF0.220.230.24
97
Preferred Stock/Convertible BondsTPE.TO vs TPRF.TO
QDXH.TO
Mackenzie International Equity Index ETF (CAD-Hedg...0.290.320.30
82
International EquityTPE.TO vs QDXH.TO
See all 56 diversifiers for TPE.TO

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Diversification Analysis

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