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TD Q U.S. Small-Mid-Cap Equity ETF (TQSM.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 4, 2026

The ETF aims for long-term capital growth by investing in small or medium-sized U.S. equities using a quantitative approach that targets market inefficiencies in pricing and valuations. It seeks broad sector diversification to enhance exposure to top-performing stocks while minimizing costs and risks.

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

Best Diversifiers for TQSM.TO

1 ETFs have low correlation with TQSM.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 0.06, roughly unchanged from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TCSH.TO
TD Cash Management ETF0.060.090.09
99
Canadian Government BondsTQSM.TO vs TCSH.TO
TEC.TO
TD Global Technology Leaders Index ETF0.510.480.43
58
Technology EquitiesTQSM.TO vs TEC.TO
XUU-U.TO
iShares Core S&P U.S. Total Market Index ETF0.540.440.34
72
Large Cap Blend EquitiesTQSM.TO vs XUU-U.TO
TBNK.TO
TD Canadian Bank Dividend Index ETF0.550.560.56
96
DividendTQSM.TO vs TBNK.TO
TQCD.TO
TD Q Canadian Dividend ETF0.560.620.55
93
Canada EquitiesTQSM.TO vs TQCD.TO
See all 14 diversifiers for TQSM.TO

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Diversification Analysis

Build a portfolio that complements TQSM.TO

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

Analyze a portfolio with TQSM.TO