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Global X U.S. Dollar Currency ETF (DLR.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Global X
Inception Date
Apr 6, 2011
Category
Currency
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Currency
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Global X U.S. Dollar Currency ETF

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Global X U.S. Dollar Currency ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

DLR.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Global X U.S. Dollar Currency ETF (DLR.TO) has returned 1.22% so far this year and -0.94% over the past 12 months. Over the last ten years, DLR.TO has returned 2.08% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.


Global X U.S. Dollar Currency ETF

1D
-0.84%
1M
1.51%
YTD
1.22%
6M
0.68%
1Y
-0.94%
3Y*
4.42%
5Y*
4.54%
10Y*
2.08%

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 7, 2011, DLR.TO's average daily return is +0.01%, while the average monthly return is +0.30%. At this rate, your investment would double in approximately 19.3 years.

Historically, 54% of months were positive and 46% were negative. The best month was Jan 2015 with a return of +9.2%, while the worst month was Apr 2015 at -4.7%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, DLR.TO closed higher 46% of trading days. The best single day was Sep 22, 2011 with a return of +2.8%, while the worst single day was Jun 30, 2011 at -2.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.65%0.36%1.51%1.22%
20251.37%-0.20%-0.36%-3.96%-0.14%-0.44%1.95%-0.42%1.51%1.06%-0.07%-1.51%-1.35%
20241.87%1.18%0.21%1.97%-0.64%0.72%1.15%-1.92%0.58%3.35%0.77%3.01%12.83%
2023-1.38%2.80%-0.62%0.51%0.58%-2.16%-0.15%2.89%0.83%2.45%-1.83%-1.94%1.80%
20220.39%-0.16%-1.41%2.70%-1.47%1.81%-0.39%2.64%5.44%-1.15%-1.09%0.95%8.33%
20210.47%-0.47%-1.25%-2.29%-1.86%2.71%0.64%1.11%0.31%-2.27%3.21%-1.09%-0.93%

Benchmark Metrics

Global X U.S. Dollar Currency ETF has an annualized alpha of 3.90%, beta of -0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 08, 2011.

  • This ETF captured 8.07% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.92%) — 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.

Alpha
3.90%
Beta
-0.00
0.00
Upside Capture
8.07%
Downside Capture
-13.92%

Return for Risk

Risk / Return Rank

DLR.TO ranks 9 for risk / return — in the bottom 9% 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.


DLR.TO Risk / Return Rank: 99
Overall Rank
DLR.TO Sharpe Ratio Rank: 88
Sharpe Ratio Rank
DLR.TO Sortino Ratio Rank: 77
Sortino Ratio Rank
DLR.TO Omega Ratio Rank: 77
Omega Ratio Rank
DLR.TO Calmar Ratio Rank: 1010
Calmar Ratio Rank
DLR.TO Martin Ratio Rank: 1111
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

The table below present risk-adjusted performance metrics for Global X U.S. Dollar Currency ETF (DLR.TO) and compare them to a chosen benchmark (S&P 500 Index).


DLR.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.18

0.69

-0.87

Sortino ratio

Return per unit of downside risk

-0.20

1.06

-1.26

Omega ratio

Gain probability vs. loss probability

0.97

1.17

-0.19

Calmar ratio

Return relative to maximum drawdown

-0.10

1.14

-1.24

Martin ratio

Return relative to average drawdown

-0.18

4.22

-4.40

Explore DLR.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X U.S. Dollar Currency ETF provided a 2.95% dividend yield over the last twelve months, with an annual payout of CA$0.42 per share.


0.00%1.00%2.00%3.00%4.00%5.00%CA$0.00CA$0.10CA$0.20CA$0.30CA$0.40CA$0.50CA$0.60CA$0.702019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
DividendCA$0.42CA$0.46CA$0.47CA$0.66CA$0.00CA$0.00CA$0.00CA$0.10

Dividend yield

2.95%3.33%3.22%4.97%0.00%0.00%0.00%0.75%

Monthly Dividends

The table displays the monthly dividend distributions for Global X U.S. Dollar Currency ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.00CA$0.00CA$0.00CA$0.00
2025CA$0.00CA$0.00CA$0.05CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.46
2024CA$0.00CA$0.00CA$0.09CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.16CA$0.47
2023CA$0.00CA$0.00CA$0.12CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.10CA$0.00CA$0.00CA$0.33CA$0.66
2022CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00
2021CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00

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 Global X U.S. Dollar Currency ETF. 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 Global X U.S. Dollar Currency ETF was 17.60%, occurring on Jun 2, 2021. Recovery took 718 trading sessions.

The current Global X U.S. Dollar Currency ETF drawdown is 1.76%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.6%Mar 24, 2020300Jun 2, 2021718Apr 12, 20241018
-17.08%Jan 19, 2016412Sep 7, 2017634Mar 18, 20201046
-9.43%Oct 5, 2011237Sep 13, 2012307Dec 3, 2013544
-6.42%Mar 18, 201540May 13, 201543Jul 15, 201583
-5.77%Feb 4, 202592Jun 16, 2025

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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