BGC.TO vs. DMEC.TO
BGC.TO (Bristol Gate Concentrated Canadian Equity ETF) and DMEC.TO (Desjardins Canadian Equity Index ETF) are both Canada Equities funds. BGC.TO is actively managed, while DMEC.TO is passively managed. Over the past year, BGC.TO returned 6.21% vs 33.73% for DMEC.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
BGC.TO vs. DMEC.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGC.TO achieves a 2.35% return, which is significantly lower than DMEC.TO's 12.80% return.
BGC.TO
- 1D
- 0.10%
- 1M
- 3.29%
- 6M
- 2.16%
- YTD
- 2.35%
- 1Y
- 6.21%
- 3Y*
- 10.26%
- 5Y*
- 8.03%
- 10Y*
- —
DMEC.TO
- 1D
- 0.15%
- 1M
- 0.55%
- 6M
- 8.72%
- YTD
- 12.80%
- 1Y
- 33.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BGC.TO vs. DMEC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BGC.TO Bristol Gate Concentrated Canadian Equity ETF | 2.35% | 8.06% | 13.21% |
DMEC.TO Desjardins Canadian Equity Index ETF | 12.80% | 31.87% | 16.56% |
Correlation
The correlation between BGC.TO and DMEC.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024 | 0.19 |
The correlation between BGC.TO and DMEC.TO shifts across timeframes, from 0.07 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGC.TO vs. DMEC.TO — Risk / Return Rank
BGC.TO
DMEC.TO
BGC.TO vs. DMEC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bristol Gate Concentrated Canadian Equity ETF (BGC.TO) and Desjardins Canadian Equity Index ETF (DMEC.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGC.TO | DMEC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.46 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 3.60 | -2.90 |
| Martin ratioReturn relative to average drawdown | 1.87 | 16.21 | -14.34 |
Loading charts...
Drawdowns
BGC.TO vs. DMEC.TO - Drawdown Comparison
The maximum BGC.TO drawdown since its inception was -36.73%, which is greater than DMEC.TO's maximum drawdown of -12.15%. Use the drawdown chart below to compare losses from any high point for BGC.TO and DMEC.TO.
Loading charts...
Drawdown Indicators
| BGC.TO | DMEC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.73% | -12.15% | -24.58% |
Max Drawdown (1Y)Largest decline over 1 year | -8.62% | -9.41% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.09% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.14% | — | — |
Current DrawdownCurrent decline from peak | -0.52% | 0.00% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -1.40% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.09% | +1.14% |
Volatility
BGC.TO vs. DMEC.TO - Volatility Comparison
Bristol Gate Concentrated Canadian Equity ETF (BGC.TO) has a higher volatility of 2.91% compared to Desjardins Canadian Equity Index ETF (DMEC.TO) at 2.20%. This indicates that BGC.TO's price experiences larger fluctuations and is considered to be riskier than DMEC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGC.TO | DMEC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.91% | 2.20% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.12% | 10.67% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.12% | 13.10% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 12.91% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.97% | 12.91% | +3.06% |
Dividends
BGC.TO vs. DMEC.TO - Dividend Comparison
BGC.TO has not paid dividends to shareholders, while DMEC.TO's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BGC.TO Bristol Gate Concentrated Canadian Equity ETF | 0.00% | 0.00% | 0.00% |
DMEC.TO Desjardins Canadian Equity Index ETF | 1.71% | 1.78% | 1.39% |
Frequently Asked Questions
BGC.TO and DMEC.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Bristol Gate and Desjardins.
Find the right allocation for BGC.TO and DMEC.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer