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Vanguard Canadian Long-Term Bond Index ETF (VLB.TO) Diversifiers

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

The Vanguard Canadian Long-Term Bond Index ETF seeks to track the performance of a broad Canadian bond index with a long-term dollar weighted average maturity, investing primarily in public, investment-grade fixed income securities issued in Canada.

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

Best Diversifiers for VLB.TO

8 ETFs have low correlation with VLB.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Global X High Interest Savings ETF (CASH.TO) (Money Market) with a 1Y correlation of 0.05, roughly unchanged from 0.06 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CASH.TO
Global X High Interest Savings ETF0.050.080.06
100
Money MarketVLB.TO vs CASH.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.120.170.07
98
DividendVLB.TO vs VDY.TO
VFV.TO
Vanguard S&P 500 Index ETF0.220.170.12
74
S&P 500VLB.TO vs VFV.TO
VCE.TO
Vanguard FTSE Canada Index ETF0.250.230.14
72
Canada EquitiesVLB.TO vs VCE.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETF0.270.250.15
77
Canada EquitiesVLB.TO vs VCN.TO
See all 14 diversifiers for VLB.TO

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Diversification Analysis

Build a portfolio that complements VLB.TO

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

Analyze a portfolio with VLB.TO