Desjardins Market Neutral ETF CA Unhedged (DANC.TO)

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Desjardins Market Neutral ETF CA Unhedged (DANC.TO) is down 0.4% since the beginning of the year. DANC.TO is currently trading at CA$22 per share. Investors who bought CA$1,000 worth of DANC.TO shares 5 years ago would now be looking at an investment worth CA$1,076.

Desjardins Market Neutral ETF CA Unhedged (DANC.TO) has returned -0.40% so far this year and -0.80% over the past 12 months.

Based on dividend-adjusted daily data since Jan 24, 2019, DANC.TO's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 69% of months were positive and 31% were negative. The best month was Mar 2019 with a return of +2.1%, while the worst month was Jul 2026 at -0.7%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 4 months.

On a daily basis, DANC.TO closed higher 41% of trading days. The best single day was Mar 11, 2019 with a return of +0.9%, while the worst single day was Jan 27, 2025 at -0.7%.

Desjardins Market Neutral ETF CA Unhedged has an annualized alpha of 2.59%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 24, 2019.

• This ETF captured 5.75% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -6.04%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.00 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DANC.TO ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Desjardins Market Neutral ETF CA Unhedged provided a 0.41% dividend yield over the last twelve months, with an annual payout of CA$0.09 per share.

The table displays the monthly dividend distributions for Desjardins Market Neutral ETF CA Unhedged. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Desjardins Market Neutral ETF CA Unhedged. 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 Desjardins Market Neutral ETF CA Unhedged was 2.79%, occurring on May 17, 2022. Recovery took 317 trading sessions.

The current Desjardins Market Neutral ETF CA Unhedged drawdown is 1.25%.

The chart below shows the rolling one-month volatility.