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DCC.TO vs. DANC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DCC.TO vs. DANC.TO

Last updated Jul 16, 2026
Documentation

DCC.TO (Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF) and DANC.TO (Desjardins Market Neutral ETF CA Unhedged) are both exchange-traded funds - DCC.TO is a Corporate Bonds fund actively managed by Desjardins, while DANC.TO is a Equity Market Neutral fund actively managed by Desjardins. Both are actively managed. Over the past 5 years, DCC.TO returned 2.70%/yr vs 1.47%/yr for DANC.TO. At a 0.02 correlation, their price movements are largely independent.

Performance

DCC.TO vs. DANC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF (DCC.TO) and Desjardins Market Neutral ETF CA Unhedged (DANC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DCC.TO achieves a 1.35% return, which is significantly higher than DANC.TO's -0.40% return.

DCC.TO

1D
0.10%
1M
-0.15%
6M
0.77%
YTD
1.35%
1Y
3.63%
3Y*
5.94%
5Y*
2.70%
10Y*
—

DANC.TO

1D
-0.04%
1M
-0.54%
6M
-0.58%
YTD
-0.40%
1Y
-0.80%
3Y*
2.53%
5Y*
1.47%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DCC.TO vs. DANC.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
DCC.TO
Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF		1.35%4.65%6.97%6.59%-4.65%-1.47%6.44%4.54%
DANC.TO
Desjardins Market Neutral ETF CA Unhedged		-0.40%-0.57%5.90%3.01%0.42%0.18%4.54%4.72%

Correlation

The correlation between DCC.TO and DANC.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Jan 24, 2019

0.02

The correlation between DCC.TO and DANC.TO shifts across timeframes, from 0.01 (3 years) to 0.13 (1 year), reflecting how their relationship changes across market environments.

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Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF

Desjardins Market Neutral ETF CA Unhedged

Return for Risk

DCC.TO vs. DANC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DCC.TO
DCC.TO Risk / Return Rank: 4747
Overall Rank
DCC.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
DCC.TO Sortino Ratio Rank: 4444
Sortino Ratio Rank
DCC.TO Omega Ratio Rank: 4646
Omega Ratio Rank
DCC.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
DCC.TO Martin Ratio Rank: 5050
Martin Ratio Rank
DANC.TO
DANC.TO Risk / Return Rank: 55
Overall Rank
DANC.TO Sharpe Ratio Rank: 66
Sharpe Ratio Rank
DANC.TO Sortino Ratio Rank: 66
Sortino Ratio Rank
DANC.TO Omega Ratio Rank: 55
Omega Ratio Rank
DANC.TO Calmar Ratio Rank: 55
Calmar Ratio Rank
DANC.TO Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DCC.TO vs. DANC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF (DCC.TO) and Desjardins Market Neutral ETF CA Unhedged (DANC.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.

DCC.TODANC.TODifference
Sharpe ratioReturn per unit of total volatility
1.33
-0.32

+1.65

Sortino ratioReturn per unit of downside risk
1.90
-0.44

+2.33

Omega ratioGain probability vs. loss probability

1.25

0.94

+0.31

Calmar ratioReturn relative to maximum drawdown

2.11

-0.56

+2.67

Martin ratioReturn relative to average drawdown

6.97

-1.06

+8.03

DCC.TO vs. DANC.TO - Sharpe Ratio Comparison

The current DCC.TO Sharpe Ratio is 1.33, which is higher than the DANC.TO Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of DCC.TO and DANC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DCC.TO vs. DANC.TO - Drawdown Comparison

The maximum DCC.TO drawdown since its inception was -8.95%, which is greater than DANC.TO's maximum drawdown of -2.79%. Use the drawdown chart below to compare losses from any high point for DCC.TO and DANC.TO.

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Drawdown Indicators

DCC.TODANC.TODifference

Max Drawdown

Largest peak-to-trough decline

-8.95%

-2.79%

-6.16%

Max Drawdown (1Y)

Largest decline over 1 year

-1.73%

-1.42%

-0.31%

Max Drawdown (3Y)

Largest decline over 3 years

-1.73%

-1.74%

+0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-8.45%

-2.44%

-6.01%

Current Drawdown

Current decline from peak

-0.52%

-1.25%

+0.73%

Average Drawdown

Average peak-to-trough decline

-1.62%

-0.67%

-0.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.52%

0.75%

-0.23%

Volatility

DCC.TO vs. DANC.TO - Volatility Comparison

The current volatility for Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF (DCC.TO) is 0.82%, while Desjardins Market Neutral ETF CA Unhedged (DANC.TO) has a volatility of 1.15%. This indicates that DCC.TO experiences smaller price fluctuations and is considered to be less risky than DANC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DCC.TODANC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.82%

1.15%

-0.33%

Volatility (6M)

Calculated over the trailing 6-month period

2.00%

2.09%

-0.09%

Volatility (1Y)

Calculated over the trailing 1-year period

2.74%

2.52%

+0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.41%

2.12%

+1.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.42%

2.17%

+1.25%

Dividends

DCC.TO vs. DANC.TO - Dividend Comparison

DCC.TO's dividend yield for the trailing twelve months is around 3.32%, more than DANC.TO's 0.41% yield.

PositionTTM202520242023202220212020201920182017
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%0.00%
DCC.TO
Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF		3.32%3.28%3.28%3.02%3.40%3.13%3.00%3.09%3.15%2.41%

Frequently Asked Questions

DCC.TO and DANC.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DCC.TO is categorized as Corporate Bonds, while DANC.TO is Equity Market Neutral.

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