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TD Active Preferred Share ETF (TPRF.TO) Diversifiers

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

The TD Active Preferred Share ETF seeks to earn a high level of income by investing primarily in Canadian listed preferred shares, using active management to select securities and manage risk.

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

Best Diversifiers for TPRF.TO

19 ETFs have low correlation with TPRF.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SPLT.TO
Brompton Split Corp. Preferred Share ETF0.05——
56
Preferred Stock/Convertible BondsTPRF.TO vs SPLT.TO
TCSH.TO
TD Cash Management ETF0.09——
99
Canadian Government BondsTPRF.TO vs TCSH.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETF0.100.260.32
98
Canada EquitiesTPRF.TO vs XEI.TO
PSA.TO
Purpose High Interest Savings Fund0.140.060.03
100
Money MarketTPRF.TO vs PSA.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.150.270.30
98
DividendTPRF.TO vs VDY.TO
See all 25 diversifiers for TPRF.TO

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Diversification Analysis

Build a portfolio that complements TPRF.TO

Add TPRF.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with TPRF.TO