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Vanguard Conservative Income ETF Portfolio (VCIP.TO) Diversifiers

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

Vanguard Conservative Income ETF Portfolio seeks to provide a combination of income and some long-term capital growth by investing primarily in equity (approximately 20%) and fixed income (approximately 80%) securities, either directly or through underlying index funds. The portfolio is periodically rebalanced to maintain its strategic asset allocation.

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

Best Diversifiers for VCIP.TO

1 ETFs have low correlation with VCIP.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Growth ETF Portfolio (GRO.TO) (Diversified Portfolio) with a 1Y correlation of 0.08, roughly unchanged from 0.07 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GRO.TO
Franklin Growth ETF Portfolio0.080.070.07
92
Diversified PortfolioVCIP.TO vs GRO.TO
GCNS.TO
iShares ESG Conservative Balanced ETF Portfolio0.300.310.27
53
Diversified PortfolioVCIP.TO vs GCNS.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.340.410.32
98
DividendVCIP.TO vs VDY.TO
CEQT.TO
CI Equity Asset Allocation ETF0.340.22—
90
Diversified PortfolioVCIP.TO vs CEQT.TO
ZLB.TO
BMO Low Volatility Canadian Equity ETF0.490.500.49
62
Canada EquitiesVCIP.TO vs ZLB.TO
See all 38 diversifiers for VCIP.TO

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Diversification Analysis

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Analyze a portfolio with VCIP.TO