DBMF vs. TD.TO
DBMF (iMGP DBi Managed Futures Strategy ETF) is Systematic Trend fund actively managed by iM Global Partners, while TD.TO (The Toronto-Dominion Bank) is a stock. Over the past 5 years, DBMF returned 8.01%/yr vs 15.10%/yr for TD.TO. At a 0.06 correlation, their price movements are largely independent.
Performance
DBMF vs. TD.TO - Performance Comparison
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Different Trading Currencies
DBMF is traded in USD, while TD.TO is traded in CAD. To make them comparable, the TD.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DBMF achieves a 10.27% return, which is significantly lower than TD.TO's 26.29% return.
DBMF
- 1D
- 0.26%
- 1M
- -1.31%
- YTD
- 10.27%
- 6M
- 11.24%
- 1Y
- 26.94%
- 3Y*
- 9.64%
- 5Y*
- 8.01%
- 10Y*
- —
TD.TO
- 1D
- 0.92%
- 1M
- 8.26%
- YTD
- 26.29%
- 6M
- 30.63%
- 1Y
- 71.93%
- 3Y*
- 31.07%
- 5Y*
- 15.10%
- 10Y*
- 15.10%
DBMF vs. TD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 10.27% | 13.85% | 7.24% | -8.94% | 21.61% | 11.49% | 1.80% | 10.51% |
TD.TO The Toronto-Dominion Bank | 26.29% | 85.53% | -13.39% | 4.83% | -11.62% | 40.22% | 6.24% | 1.27% |
Correlation
The correlation between DBMF and TD.TO is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.06 |
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Return for Risk
DBMF vs. TD.TO — Risk / Return Rank
DBMF
TD.TO
DBMF vs. TD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iMGP DBi Managed Futures Strategy ETF (DBMF) and The Toronto-Dominion Bank (TD.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.
| DBMF | TD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.79 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 4.50 | 9.99 | -5.49 |
| Martin ratioReturn relative to average drawdown | 16.30 | 39.87 | -23.57 |
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Drawdowns
DBMF vs. TD.TO - Drawdown Comparison
The maximum DBMF drawdown since its inception was -20.39%, smaller than the maximum TD.TO drawdown of -62.28%. Use the drawdown chart below to compare losses from any high point for DBMF and TD.TO.
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Drawdown Indicators
| DBMF | TD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.39% | -62.28% | +41.89% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -7.31% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -15.60% | -19.57% | +3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -20.39% | -31.55% | +11.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.46% | — |
Current DrawdownCurrent decline from peak | -1.91% | 0.00% | -1.91% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -10.66% | +4.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.83% | -0.15% |
Volatility
DBMF vs. TD.TO - Volatility Comparison
The current volatility for iMGP DBi Managed Futures Strategy ETF (DBMF) is 2.71%, while The Toronto-Dominion Bank (TD.TO) has a volatility of 5.10%. This indicates that DBMF experiences smaller price fluctuations and is considered to be less risky than TD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBMF | TD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 5.10% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.00% | 11.97% | -1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.35% | 15.55% | -3.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.55% | 18.38% | -5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.41% | 20.44% | -8.03% |
Dividends
DBMF vs. TD.TO - Dividend Comparison
DBMF's dividend yield for the trailing twelve months is around 5.19%, more than TD.TO's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 5.19% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% | 0.00% | 0.00% | 0.00% | 0.00% |
TD.TO The Toronto-Dominion Bank | 2.60% | 3.25% | 5.33% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% |
Frequently Asked Questions
DBMF and TD.TO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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