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Wealthsimple Developed Markets ex North America Socially Responsible Index ETF (WSRD.TO) Diversifiers

ETF · Currency in CAD · Last updated Jul 16, 2026

Wealthsimple Developed Markets ex North America Socially Responsible Index ETF provides socially responsible exposure to developed markets outside North America.

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

Best Diversifiers for WSRD.TO

1 ETFs have low correlation with WSRD.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Mackenzie International Equity Index ETF (CAD-Hedged) (QDXH.TO) (International Equity) with a 1Y correlation of 0.22, roughly unchanged from 0.25 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QDXH.TO
Mackenzie International Equity Index ETF (CAD-Hedg...0.220.270.25
82
International EquityWSRD.TO vs QDXH.TO
KNGX.TO
Brompton International Cash Flow Kings ETF0.47——
92
International EquityWSRD.TO vs KNGX.TO
MINT.TO
Manulife Multifactor Developed International Index...0.560.440.37
73
International Equity, Multi-factorWSRD.TO vs MINT.TO
VXM.TO
CI Morningstar International Value CAD Hedged0.610.450.37
87
International EquityWSRD.TO vs VXM.TO
FCIM.NEO
Fidelity International Momentum Index ETF0.630.610.62
78
Momentum, International EquityWSRD.TO vs FCIM.NEO
See all 14 diversifiers for WSRD.TO

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Diversification Analysis

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