DCBC.TO vs. ESGB.TO
DCBC.TO (Desjardins Canadian Corporate Bond Index ETF) and ESGB.TO (BMO ESG Corporate Bond Index ETF) are both Corporate Bonds funds. Over the past year, DCBC.TO returned 4.44% vs 4.55% for ESGB.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
DCBC.TO vs. ESGB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DCBC.TO achieves a 1.55% return, which is significantly higher than ESGB.TO's 1.16% return.
DCBC.TO
- 1D
- 0.10%
- 1M
- -0.64%
- 6M
- 0.92%
- YTD
- 1.55%
- 1Y
- 4.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGB.TO
- 1D
- -0.04%
- 1M
- -0.57%
- 6M
- 0.84%
- YTD
- 1.16%
- 1Y
- 4.55%
- 3Y*
- 6.00%
- 5Y*
- 1.90%
- 10Y*
- —
DCBC.TO vs. ESGB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 1.55% | 3.94% | 6.62% |
ESGB.TO BMO ESG Corporate Bond Index ETF | 1.16% | 4.18% | 8.01% |
Correlation
The correlation between DCBC.TO and ESGB.TO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.43 |
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
DCBC.TO vs. ESGB.TO — Risk / Return Rank
DCBC.TO
ESGB.TO
DCBC.TO vs. ESGB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) and BMO ESG Corporate Bond Index ETF (ESGB.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.
| DCBC.TO | ESGB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.21 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.85 | -0.12 |
| Martin ratioReturn relative to average drawdown | 5.61 | 5.36 | +0.24 |
Loading charts...
Drawdowns
DCBC.TO vs. ESGB.TO - Drawdown Comparison
The maximum DCBC.TO drawdown since its inception was -3.12%, smaller than the maximum ESGB.TO drawdown of -15.18%. Use the drawdown chart below to compare losses from any high point for DCBC.TO and ESGB.TO.
Loading charts...
Drawdown Indicators
| DCBC.TO | ESGB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.12% | -15.18% | +12.06% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -2.47% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.54% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.96% | — |
Current DrawdownCurrent decline from peak | -0.80% | -1.46% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -0.62% | -4.25% | +3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.85% | -0.06% |
Volatility
DCBC.TO vs. ESGB.TO - Volatility Comparison
The current volatility for Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) is 1.04%, while BMO ESG Corporate Bond Index ETF (ESGB.TO) has a volatility of 1.73%. This indicates that DCBC.TO experiences smaller price fluctuations and is considered to be less risky than ESGB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DCBC.TO | ESGB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.73% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 3.14% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 4.05% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 5.40% | -1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.26% | 5.99% | -1.73% |
Dividends
DCBC.TO vs. ESGB.TO - Dividend Comparison
DCBC.TO's dividend yield for the trailing twelve months is around 3.79%, less than ESGB.TO's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 3.79% | 3.55% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGB.TO BMO ESG Corporate Bond Index ETF | 4.02% | 3.82% | 3.52% | 3.56% | 3.39% | 2.98% | 2.83% |
Frequently Asked Questions
DCBC.TO and ESGB.TO have a correlation of 0.44, 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: Desjardins and BMO.
Find the right allocation for DCBC.TO and ESGB.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