Looking to diversify beyond TQGD.TO? The ETFs below have the lowest correlation with TQGD.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 TQGD.TO.
Best Diversifiers for TQGD.TO
1 ETFs have low correlation with TQGD.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 | 0.08 | — | — | 99 | Canadian Government Bonds | TQGD.TO vs TCSH.TO | |
| iShares S&P/TSX Composite High Dividend Index ETF | 0.37 | 0.52 | 0.54 | 98 | Canada Equities | TQGD.TO vs XEI.TO | |
| TD Q Canadian Low Volatility ETF | 0.42 | 0.46 | 0.45 | 53 | Canada Equities | TQGD.TO vs TCLV.TO | |
| iShares Core MSCI Canadian Quality Dividend Index ... | 0.46 | 0.52 | 0.52 | 98 | Dividend, Large Cap Value Equities | TQGD.TO vs XDIV.TO | |
| Vanguard FTSE Canadian High Dividend Yield Index E... | 0.49 | 0.57 | 0.55 | 98 | Dividend | TQGD.TO vs VDY.TO |
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