PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Vanguard Canadian Corporate Bond Index ETF (VCB.TO) Diversifiers

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

Vanguard Canadian Corporate Bond Index ETF seeks to track the performance of the Bloomberg Global Aggregate Canadian Corporate Float Adjusted Bond Index by investing primarily in public, investment-grade non-government fixed income securities issued in Canada using a passively managed, index-sampling strategy.

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

Best Diversifiers for VCB.TO

10 ETFs have low correlation with VCB.TO (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) (Canada Equities) with a 1Y correlation of -0.01, down from 0.10 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETF-0.010.170.10
98
Canada EquitiesVCB.TO vs XEI.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.080.160.07
98
DividendVCB.TO vs VDY.TO
SPLT.TO
Brompton Split Corp. Preferred Share ETF0.09——
54
Preferred Stock/Convertible BondsVCB.TO vs SPLT.TO
ZMMK.TO
BMO Money Market Fund ETF Series0.120.04—
100
Money MarketVCB.TO vs ZMMK.TO
CIF.TO
iShares Global Infrastructure Index ETF0.160.180.14
70
Energy EquitiesVCB.TO vs CIF.TO
See all 22 diversifiers for VCB.TO

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements VCB.TO

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

Analyze a portfolio with VCB.TO