PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Vanguard U.S. Dividend Appreciation Index ETF CAD-Hedged (VGH.TO) Diversifiers

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

The Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) seeks to track the performance of the S&P U.S. Dividend Growers Index (CAD-hedged), investing primarily in U.S. companies with a history of increasing dividends, while hedging U.S. dollar exposure to the Canadian dollar.

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

Best Diversifiers for VGH.TO

1 ETFs have low correlation with VGH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) (Utilities Equities) with a 1Y correlation of 0.13, down from 0.38 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF0.130.370.38
84
Utilities EquitiesVGH.TO vs XUT.TO
DXU.TO
Dynamic Active U.S. Dividend ETF0.440.510.55
78
DividendVGH.TO vs DXU.TO
CWIN.TO
HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...0.47——
83
DividendVGH.TO vs CWIN.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...0.470.560.61
98
Dividend, Large Cap Value EquitiesVGH.TO vs XDIV.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.520.590.63
98
DividendVGH.TO vs VDY.TO
See all 28 diversifiers for VGH.TO

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements VGH.TO

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

Analyze a portfolio with VGH.TO