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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Desjardins Canadian Equity Index 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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Different Benchmark Currency
DMEC.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
Desjardins Canadian Equity Index ETF (DMEC.TO) has returned 3.74% so far this year and 34.65% over the past 12 months.
Desjardins Canadian Equity Index ETF
- 1D
- 2.63%
- 1M
- -4.62%
- YTD
- 3.74%
- 6M
- 10.40%
- 1Y
- 34.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
Monthly Returns
Based on dividend-adjusted daily data since Apr 7, 2008, DMEC.TO's average daily return is +0.10%, while the average monthly return is +2.01%. At this rate, your investment would double in approximately 2.9 years.
Historically, 75% of months were positive and 25% were negative. The best month was Feb 2026 with a return of +8.0%, while the worst month was Mar 2026 at -4.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, DMEC.TO closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +5.5%, while the worst single day was Apr 4, 2025 at -4.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.71% | 8.00% | -4.62% | 3.74% | |||||||||
| 2025 | 3.50% | -0.38% | -1.47% | -0.43% | 5.99% | 2.70% | 1.89% | 4.88% | 5.31% | 0.97% | 3.90% | 1.44% | 31.87% |
| 2024 | 0.80% | 1.45% | -0.71% | 6.06% | 0.52% | 3.57% | 1.13% | 6.21% | -3.21% | 16.56% |
Benchmark Metrics
Desjardins Canadian Equity Index ETF has an annualized alpha of 17.62%, beta of 0.57, and R² of 0.47 versus S&P 500 Index. Calculated based on daily prices since April 19, 2024.
- This ETF captured 80.95% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -45.38%) — a profile typical of hedging or uncorrelated assets.
- Beta of 0.57 may look defensive, but with R² of 0.47 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 0.47 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 17.62%
- Beta
- 0.57
- R²
- 0.47
- Upside Capture
- 80.95%
- Downside Capture
- -45.38%
Expense Ratio
DMEC.TO has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
DMEC.TO ranks 94 for risk / return — in the top 94% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Desjardins Canadian Equity Index ETF (DMEC.TO) and compare them to a chosen benchmark (S&P 500 Index).
| DMEC.TO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.31 | 0.69 | +1.61 |
Sortino ratioReturn per unit of downside risk | 2.92 | 1.06 | +1.87 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.17 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 3.39 | 1.14 | +2.25 |
Martin ratioReturn relative to average drawdown | 14.94 | 4.22 | +10.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore DMEC.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
Desjardins Canadian Equity Index ETF provided a 2.04% dividend yield over the last twelve months, with an annual payout of CA$0.62 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | CA$0.62 | CA$0.53 | CA$0.32 |
Dividend yield | 2.04% | 1.78% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Desjardins Canadian Equity Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.00 | CA$0.00 | CA$0.19 | CA$0.19 | |||||||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.09 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.53 |
| 2024 | CA$0.07 | CA$0.00 | CA$0.00 | CA$0.11 | CA$0.00 | CA$0.00 | CA$0.14 | CA$0.32 |
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 Desjardins Canadian Equity Index 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 Desjardins Canadian Equity Index ETF was 12.15%, occurring on Apr 8, 2025. Recovery took 24 trading sessions.
The current Desjardins Canadian Equity Index ETF drawdown is 5.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.15% | Jan 31, 2025 | 47 | Apr 8, 2025 | 24 | May 13, 2025 | 71 |
| -9.41% | Mar 3, 2026 | 14 | Mar 20, 2026 | — | — | — |
| -5.2% | Aug 1, 2024 | 4 | Aug 7, 2024 | 8 | Aug 19, 2024 | 12 |
| -4.94% | Dec 9, 2024 | 9 | Dec 19, 2024 | 27 | Jan 30, 2025 | 36 |
| -4.08% | May 22, 2024 | 23 | Jun 21, 2024 | 13 | Jul 11, 2024 | 36 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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