Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE.TO)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE.TO) is up 21.1% since the beginning of the year. DRFE.TO is currently trading at CA$33 per share. Investors who bought CA$1,000 worth of DRFE.TO shares 5 years ago would now be looking at an investment worth CA$1,735.

Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE.TO) has returned 21.13% so far this year and 26.63% over the past 12 months.

Based on dividend-adjusted daily data since Mar 7, 2019, DRFE.TO's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2020 with a return of +16.6%, while the worst month was Apr 2020 at -14.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, DRFE.TO closed higher 43% of trading days. The best single day was Dec 3, 2020 with a return of +10.0%, while the worst single day was Apr 3, 2020 at -15.2%.

Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF has an annualized alpha of 7.34%, beta of 0.17, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since March 07, 2019.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (43.87%) than losses (42.63%) - typical of diversified or defensive assets.
• Beta of 0.17 may look defensive, but with R2 of 0.04 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 0.04 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.

DRFE.TO ranks 46 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF provided a 1.61% dividend yield over the last twelve months, with an annual payout of CA$0.53 per share.

The table displays the monthly dividend distributions for Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF. 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 RI Emerging Markets Multifactor - Net-Zero Emissions Pathway 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 RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF was 25.26%, occurring on Apr 3, 2020. Recovery took 184 trading sessions.

The current Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF drawdown is 8.52%.

The chart below shows the rolling one-month volatility.