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
5 ETFs have low correlation with XDUH.TO (below 0.3), 0 of which are negatively correlated. The least correlated is BMO Equal Weight Utilities Index ETF (ZUT.TO) (Utilities Equities) with a 1Y correlation of 0.16, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BMO Equal Weight Utilities Index ETF | 0.16 | 0.28 | 0.31 | 65 | Utilities Equities | XDUH.TO vs ZUT.TO | |
| Dynamic Active U.S. Dividend ETF | 0.18 | 0.22 | 0.31 | 78 | Dividend | XDUH.TO vs DXU.TO | |
| TD Active U.S. Enhanced Dividend CAD Hedged ETF | 0.18 | 0.17 | — | 50 | Dividend, Large Cap Blend Equities | XDUH.TO vs TUEX.TO | |
| iShares S&P/TSX Capped Utilities Index ETF | 0.21 | 0.30 | 0.32 | 84 | Utilities Equities | XDUH.TO vs XUT.TO | |
| iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.25 | 0.30 | 0.39 | 66 | Nasdaq-100 | XDUH.TO vs XQQ.TO |
See all 34 diversifiers for XDUH.TO
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XDUH.TO
Add XDUH.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XDUH.TO