CAD Dividend Growth

Asset Allocation

Position	Category/Sector	Target Weight
BIP-UN.TO Brookfield Infrastructure Partners L.P	Utilities	8%
BN.TO Brookfield Corporation	Financial Services	8%
CNQ.TO Canadian Natural Resources Limited	Energy	8%
CSU.TO Constellation Software Inc.	Technology	8%
DOL.TO Dollarama Inc.	Consumer Defensive	8%
ENB.TO Enbridge Inc.	Energy	8%
FTS.TO Fortis Inc.	Utilities	7%
GWO.TO Great-West Lifeco Inc.	Financial Services	6%
NA.TO National Bank of Canada	Financial Services	10%
RY.TO Royal Bank of Canada	Financial Services	12%
WCN.TO Waste Connections, Inc.	Industrials	8%
X.TO TMX Group Limited	Financial Services	9%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in CAD Dividend Growth, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.

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The earliest data available for this chart is Oct 9, 2009, corresponding to the inception date of DOL.TO

Returns By Period

As of Apr 1, 2026, the CAD Dividend Growth returned -0.18% Year-To-Date and 17.42% of annualized return in the last 10 years.

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	2.91%	-5.09%	-4.63%	-2.39%	16.33%	16.69%	10.18%	12.16%
Portfolio CAD Dividend Growth	1.48%	-2.73%	-0.18%	6.38%	21.83%	20.69%	16.16%	17.42%
Portfolio components:
RY.TO Royal Bank of Canada	2.42%	-3.23%	-4.45%	11.38%	48.21%	23.65%	16.04%	15.17%
NA.TO National Bank of Canada	0.00%	-9.06%	0.89%	20.32%	57.30%	25.65%	17.59%	19.13%
BIP-UN.TO Brookfield Infrastructure Partners L.P	2.60%	-7.45%	5.49%	13.18%	30.02%	9.77%	6.48%	15.23%
FTS.TO Fortis Inc.	-0.47%	-2.93%	8.26%	11.97%	26.89%	13.87%	9.27%	10.01%
BN.TO Brookfield Corporation	4.56%	-7.35%	-11.54%	-11.07%	16.85%	24.00%	12.28%	14.37%
ENB.TO Enbridge Inc.	-0.24%	2.12%	14.86%	10.52%	29.65%	20.05%	15.28%	10.18%
CNQ.TO Canadian Natural Resources Limited	-1.30%	12.62%	45.41%	56.08%	66.40%	26.72%	31.71%	19.77%
DOL.TO Dollarama Inc.	0.00%	-17.94%	-19.15%	-8.30%	13.15%	26.79%	21.95%	18.12%
WCN.TO Waste Connections, Inc.	0.27%	-5.50%	-7.11%	-7.12%	-16.01%	6.08%	9.01%	15.35%
X.TO TMX Group Limited	2.47%	5.22%	-6.28%	-6.35%	-1.20%	23.43%	13.33%	20.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 13, 2009, CAD Dividend Growth's average daily return is +0.07%, while the average monthly return is +1.41%. At this rate, your investment would double in approximately 4.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Nov 2020 with a return of +17.0%, while the worst month was Mar 2020 at -18.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CAD Dividend Growth closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +11.8%, while the worst single day was Mar 12, 2020 at -11.8%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	-2.92%	5.71%	-2.73%										-0.18%
2025	1.73%	1.88%	0.08%	5.60%	4.11%	3.05%	-1.00%	2.41%	-0.29%	-0.46%	4.65%	2.30%	26.60%
2024	0.80%	1.55%	3.99%	-3.13%	6.63%	-1.94%	6.88%	6.11%	1.79%	-1.30%	5.84%	-6.58%	21.46%
2023	8.35%	-2.91%	1.09%	3.70%	-2.93%	5.20%	1.64%	-4.00%	-2.40%	-5.11%	10.36%	8.44%	21.80%
2022	1.99%	0.38%	4.97%	-5.12%	3.25%	-8.02%	5.21%	-2.50%	-8.82%	5.47%	7.21%	-6.92%	-4.67%
2021	-1.83%	4.31%	9.86%	4.71%	3.81%	0.67%	1.56%	2.19%	-1.51%	6.02%	-4.84%	6.46%	35.15%

Benchmark Metrics

CAD Dividend Growth has an annualized alpha of 8.02%, beta of 0.80, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since October 13, 2009.

This portfolio captured 104.17% of S&P 500 Index gains but only 75.15% of its losses — a favorable profile for investors.
This portfolio generated an annualized alpha of 8.02% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha: 8.02%

Beta: 0.80

R²: 0.62

Upside Capture: 104.17%

Downside Capture: 75.15%

Expense Ratio

CAD Dividend Growth has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Return for Risk

Risk / Return Rank

CAD Dividend Growth ranks 79 for risk / return — better than 79% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.63	0.90	+0.73
Sortino ratio Return per unit of downside risk	2.37	1.39	+0.99
Omega ratio Gain probability vs. loss probability	1.34	1.21	+0.13
Calmar ratio Return relative to maximum drawdown	2.25	1.40	+0.85
Martin ratio Return relative to average drawdown	12.10	6.61	+5.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
RY.TO Royal Bank of Canada	95	2.90	4.01	1.54	4.90	18.75
NA.TO National Bank of Canada	96	3.00	4.20	1.61	4.83	19.83
BIP-UN.TO Brookfield Infrastructure Partners L.P	78	1.32	1.84	1.26	2.51	6.00
FTS.TO Fortis Inc.	88	1.86	2.68	1.33	4.23	10.86
BN.TO Brookfield Corporation	57	0.50	0.90	1.12	0.82	2.44
ENB.TO Enbridge Inc.	85	1.75	2.33	1.31	3.16	7.85
CNQ.TO Canadian Natural Resources Limited	89	2.13	2.71	1.36	3.32	10.92
DOL.TO Dollarama Inc.	59	0.54	0.92	1.13	0.71	2.50
WCN.TO Waste Connections, Inc.	13	-0.74	-0.89	0.88	-0.71	-1.30
X.TO TMX Group Limited	35	-0.05	0.10	1.01	-0.07	-0.15

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

CAD Dividend Growth Sharpe ratios as of Apr 1, 2026 (values are recalculated daily):

1-Year: 1.63
5-Year: 1.08
10-Year: 0.98
All Time: 0.97

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.97 to 1.64, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of CAD Dividend Growth compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

CAD Dividend Growth provided a 2.59% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	2.59%	2.75%	3.09%	3.35%	3.52%	2.81%	3.48%	3.24%	3.74%	2.88%	2.87%	3.49%
Portfolio components:
RY.TO Royal Bank of Canada	2.76%	2.58%	3.23%	3.99%	3.90%	3.22%	4.10%	3.96%	4.03%	3.39%	3.57%	4.15%
NA.TO National Bank of Canada	2.69%	2.75%	4.17%	4.03%	4.03%	3.11%	3.96%	3.77%	4.44%	3.70%	4.03%	5.16%
BIP-UN.TO Brookfield Infrastructure Partners L.P	6.66%	7.01%	6.74%	6.92%	6.21%	4.61%	5.86%	6.32%	7.93%	6.14%	6.97%	7.97%
FTS.TO Fortis Inc.	3.23%	3.48%	3.99%	4.19%	4.01%	3.36%	3.73%	3.39%	3.79%	3.52%	3.68%	3.73%
BN.TO Brookfield Corporation	0.61%	0.53%	0.53%	0.99%	2.06%	1.06%	1.52%	1.41%	1.88%	1.64%	1.58%	1.43%
ENB.TO Enbridge Inc.	5.04%	5.74%	6.00%	7.45%	6.50%	6.76%	7.96%	5.72%	6.33%	4.91%	3.75%	4.04%
CNQ.TO Canadian Natural Resources Limited	3.52%	5.06%	4.82%	4.26%	6.12%	3.66%	5.44%	3.50%	3.98%	2.40%	2.15%	3.02%
DOL.TO Dollarama Inc.	0.25%	0.20%	0.25%	0.28%	0.27%	0.31%	0.34%	0.39%	0.48%	0.27%	0.40%	0.44%
WCN.TO Waste Connections, Inc.	0.81%	0.75%	0.65%	0.72%	0.68%	0.61%	0.93%	0.75%	2.95%	0.87%	0.96%	2.02%
X.TO TMX Group Limited	1.78%	1.70%	2.15%	2.52%	2.45%	2.35%	2.14%	2.24%	3.17%	2.77%	2.31%	4.47%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the CAD Dividend Growth. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the CAD Dividend Growth was 41.69%, occurring on Mar 23, 2020. Recovery took 165 trading sessions.

The current CAD Dividend Growth drawdown is 3.44%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-41.69%	Feb 18, 2020	25	Mar 23, 2020	165	Nov 16, 2020	190
-29.09%	Apr 29, 2015	181	Jan 18, 2016	70	Apr 27, 2016	251
-19.73%	Apr 21, 2022	120	Oct 12, 2022	196	Jul 24, 2023	316
-19.63%	Aug 30, 2018	81	Dec 24, 2018	66	Apr 1, 2019	147
-17.08%	Jul 22, 2011	51	Oct 4, 2011	75	Jan 23, 2012	126

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 12 assets, with an effective number of assets of 11.66, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	Benchmark	CSU.TO	WCN.TO	DOL.TO	BIP-UN.TO	X.TO	CNQ.TO	FTS.TO	ENB.TO	GWO.TO	BN.TO	NA.TO	RY.TO	Portfolio
Benchmark	1.00	0.44	0.44	0.39	0.44	0.41	0.48	0.39	0.47	0.50	0.67	0.55	0.62	0.71
CSU.TO	0.44	1.00	0.30	0.34	0.27	0.32	0.27	0.28	0.29	0.31	0.40	0.36	0.39	0.56
WCN.TO	0.44	0.30	1.00	0.32	0.29	0.31	0.25	0.38	0.32	0.33	0.38	0.35	0.39	0.54
DOL.TO	0.39	0.34	0.32	1.00	0.28	0.33	0.27	0.36	0.33	0.36	0.37	0.38	0.40	0.57
BIP-UN.TO	0.44	0.27	0.29	0.28	1.00	0.31	0.33	0.38	0.41	0.36	0.48	0.41	0.43	0.59
X.TO	0.41	0.32	0.31	0.33	0.31	1.00	0.35	0.37	0.37	0.40	0.40	0.43	0.44	0.61
CNQ.TO	0.48	0.27	0.25	0.27	0.33	0.35	1.00	0.32	0.54	0.45	0.44	0.49	0.53	0.66
FTS.TO	0.39	0.28	0.38	0.36	0.38	0.37	0.32	1.00	0.49	0.44	0.44	0.46	0.47	0.61
ENB.TO	0.47	0.29	0.32	0.33	0.41	0.37	0.54	0.49	1.00	0.45	0.49	0.51	0.55	0.69
GWO.TO	0.50	0.31	0.33	0.36	0.36	0.40	0.45	0.44	0.45	1.00	0.49	0.60	0.63	0.68
BN.TO	0.67	0.40	0.38	0.37	0.48	0.40	0.44	0.44	0.49	0.49	1.00	0.55	0.61	0.74
NA.TO	0.55	0.36	0.35	0.38	0.41	0.43	0.49	0.46	0.51	0.60	0.55	1.00	0.74	0.76
RY.TO	0.62	0.39	0.39	0.40	0.43	0.44	0.53	0.47	0.55	0.63	0.61	0.74	1.00	0.81
Portfolio	0.71	0.56	0.54	0.57	0.59	0.61	0.66	0.61	0.69	0.68	0.74	0.76	0.81	1.00

The correlation results are calculated based on daily price changes starting from Oct 13, 2009

CAD Dividend Growth

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table