Looking to diversify beyond XDU.TO? The ETFs below have the lowest correlation with XDU.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 XDU.TO.
Best Diversifiers for XDU.TO
5 ETFs have low correlation with XDU.TO (below 0.3), 0 of which are negatively correlated. The least correlated is TD Active U.S. Enhanced Dividend CAD Hedged ETF (TUEX.TO) (Dividend) with a 1Y correlation of 0.12, roughly unchanged from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TD Active U.S. Enhanced Dividend CAD Hedged ETF | 0.12 | 0.17 | — | 50 | Dividend, Large Cap Blend Equities | XDU.TO vs TUEX.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.20 | 0.32 | 0.41 | 66 | Nasdaq-100 | XDU.TO vs XQQ.TO | |
| iShares Core MSCI Emerging Markets IMI Index ETF | 0.24 | 0.31 | 0.30 | 86 | Emerging Markets Equities | XDU.TO vs XEC.TO | |
| Dynamic Active U.S. Dividend ETF | 0.25 | 0.35 | 0.44 | 78 | Dividend | XDU.TO vs DXU.TO | |
| Invesco NASDAQ 100 Index ETF CAD Hedged | 0.27 | 0.38 | — | 76 | Nasdaq-100 | XDU.TO vs QQC.TO |
See all 40 diversifiers for XDU.TO
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