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iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (XPF.TO) Diversifiers

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

XPF.TO is a passive ETF by iShares tracking the investment results of the S&P/TSX Preferred Share TR. XPF.TO launched on Nov 16, 2010 and has a 0.50% expense ratio.

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

Best Diversifiers for XPF.TO

6 ETFs have low correlation with XPF.TO (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SPLT.TO
Brompton Split Corp. Preferred Share ETF0.04——
54
Preferred Stock/Convertible BondsXPF.TO vs SPLT.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETF0.090.280.34
98
Canada EquitiesXPF.TO vs XEI.TO
HYBR.TO
Global X Active Hybrid Bond and Preferred Share ET...0.110.170.21
92
Preferred Stock/Convertible BondsXPF.TO vs HYBR.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...0.120.260.32
98
Dividend, Large Cap Value EquitiesXPF.TO vs XDIV.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...0.170.280.35
98
DividendXPF.TO vs VDY.TO
See all 20 diversifiers for XPF.TO

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Diversification Analysis

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