Looking to diversify beyond XDUH.TO? The ETFs below have the lowest correlation with XDUH.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 XDUH.TO.
Best Diversifiers for XDUH.TO
7 ETFs have low correlation with XDUH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is Dynamic Active U.S. Dividend ETF (DXU.TO) (Dividend) with a 1Y correlation of 0.15, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dynamic Active U.S. Dividend ETF | 0.15 | 0.20 | 0.29 | 64 | Dividend | XDUH.TO vs DXU.TO | |
| BMO Equal Weight Utilities Index ETF | 0.16 | 0.28 | 0.30 | 80 | Utilities Equities, Equal Weight | XDUH.TO vs ZUT.TO | |
| Invesco RAFI U.S. Index ETF II CAD | 0.20 | 0.40 | 0.44 | 95 | Large Cap Value Equities | XDUH.TO vs PXS.TO | |
| iShares S&P/TSX Capped Utilities Index ETF | 0.21 | 0.30 | 0.31 | 82 | Utilities Equities | XDUH.TO vs XUT.TO | |
| BMO Tactical Dividend ETF Fund | 0.22 | 0.15 | 0.26 | 79 | Dividend | XDUH.TO vs ZZZD.TO |
See all 39 diversifiers for XDUH.TO
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