DANC.TO vs. DRFU.TO
DANC.TO (Desjardins Market Neutral ETF CA Unhedged) and DRFU.TO (Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF) are both exchange-traded funds - DANC.TO is a Equity Market Neutral fund actively managed by Desjardins, while DRFU.TO is a Large Cap Blend Equities fund actively managed by Desjardins. Both are actively managed. Over the past 5 years, DANC.TO returned 1.47%/yr vs 14.84%/yr for DRFU.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
DANC.TO vs. DRFU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DANC.TO achieves a -0.40% return, which is significantly lower than DRFU.TO's 15.27% return.
DANC.TO
- 1D
- -0.04%
- 1M
- -0.54%
- 6M
- -0.58%
- YTD
- -0.40%
- 1Y
- -0.80%
- 3Y*
- 2.53%
- 5Y*
- 1.47%
- 10Y*
- —
DRFU.TO
- 1D
- 0.00%
- 1M
- 1.19%
- 6M
- 14.40%
- YTD
- 15.27%
- 1Y
- 28.90%
- 3Y*
- 24.00%
- 5Y*
- 14.84%
- 10Y*
- —
DANC.TO vs. DRFU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DANC.TO Desjardins Market Neutral ETF CA Unhedged | -0.40% | -0.57% | 5.90% | 3.01% | 0.42% | 0.18% | 4.54% | 4.72% |
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 15.27% | 12.18% | 37.32% | 5.44% | -9.19% | 29.41% | 7.31% | 18.53% |
Correlation
The correlation between DANC.TO and DRFU.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2019 | 0.08 |
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Return for Risk
DANC.TO vs. DRFU.TO — Risk / Return Rank
DANC.TO
DRFU.TO
DANC.TO vs. DRFU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Market Neutral ETF CA Unhedged (DANC.TO) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.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.
| DANC.TO | DRFU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.41 | ||
| Sortino ratioReturn per unit of downside risk | -4.05 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.61 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 4.25 | -4.81 |
| Martin ratioReturn relative to average drawdown | -1.06 | 15.34 | -16.40 |
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Drawdowns
DANC.TO vs. DRFU.TO - Drawdown Comparison
The maximum DANC.TO drawdown since its inception was -2.79%, smaller than the maximum DRFU.TO drawdown of -19.89%. Use the drawdown chart below to compare losses from any high point for DANC.TO and DRFU.TO.
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Drawdown Indicators
| DANC.TO | DRFU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.79% | -19.89% | +17.10% |
Max Drawdown (1Y)Largest decline over 1 year | -1.42% | -6.89% | +5.47% |
Max Drawdown (3Y)Largest decline over 3 years | -1.74% | -19.89% | +18.15% |
Max Drawdown (5Y)Largest decline over 5 years | -2.44% | -19.89% | +17.45% |
Current DrawdownCurrent decline from peak | -1.25% | 0.00% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -4.92% | +4.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 1.90% | -1.15% |
Volatility
DANC.TO vs. DRFU.TO - Volatility Comparison
The current volatility for Desjardins Market Neutral ETF CA Unhedged (DANC.TO) is 1.15%, while Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) has a volatility of 2.67%. This indicates that DANC.TO experiences smaller price fluctuations and is considered to be less risky than DRFU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DANC.TO | DRFU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 2.67% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 2.09% | 11.39% | -9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.52% | 13.99% | -11.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.12% | 16.37% | -14.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.17% | 16.49% | -14.32% |
Dividends
DANC.TO vs. DRFU.TO - Dividend Comparison
DANC.TO's dividend yield for the trailing twelve months is around 0.41%, less than DRFU.TO's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DANC.TO Desjardins Market Neutral ETF CA Unhedged | 0.41% | 0.99% | 1.29% | 2.39% | 0.19% | 0.19% | 0.93% | 0.83% | 0.00% |
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 1.01% | 0.76% | 0.60% | 0.80% | 1.05% | 1.08% | 1.38% | 1.37% | 0.41% |
Frequently Asked Questions
DANC.TO and DRFU.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DANC.TO is categorized as Equity Market Neutral, while DRFU.TO is Large Cap Blend Equities.
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