DCG.TO vs. VVSG.TO
DCG.TO (Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF) and VVSG.TO (Vanguard Canadian Ultra-Short Government Bond Index ETF) are both Canadian Government Bonds funds. DCG.TO is actively managed, while VVSG.TO is passively managed. Over the past year, DCG.TO returned 3.26% vs 2.43% for VVSG.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
DCG.TO vs. VVSG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DCG.TO achieves a 1.27% return, which is significantly higher than VVSG.TO's 1.18% return.
DCG.TO
- 1D
- 0.16%
- 1M
- -0.03%
- 6M
- 0.89%
- YTD
- 1.27%
- 1Y
- 3.26%
- 3Y*
- 4.52%
- 5Y*
- 1.70%
- 10Y*
- —
VVSG.TO
- 1D
- 0.02%
- 1M
- 0.17%
- 6M
- 1.08%
- YTD
- 1.18%
- 1Y
- 2.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DCG.TO vs. VVSG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DCG.TO Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF | 1.27% | 3.26% | 0.80% |
VVSG.TO Vanguard Canadian Ultra-Short Government Bond Index ETF | 1.18% | 2.80% | 1.20% |
Correlation
The correlation between DCG.TO and VVSG.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024 | 0.19 |
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Return for Risk
DCG.TO vs. VVSG.TO — Risk / Return Rank
DCG.TO
VVSG.TO
DCG.TO vs. VVSG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF (DCG.TO) and Vanguard Canadian Ultra-Short Government Bond Index ETF (VVSG.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.
| DCG.TO | VVSG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.86 | ||
| Sortino ratioReturn per unit of downside risk | -11.90 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 4.66 | -3.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 17.56 | -15.52 |
| Martin ratioReturn relative to average drawdown | 6.50 | 216.05 | -209.56 |
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Drawdowns
DCG.TO vs. VVSG.TO - Drawdown Comparison
The maximum DCG.TO drawdown since its inception was -8.19%, which is greater than VVSG.TO's maximum drawdown of -0.14%. Use the drawdown chart below to compare losses from any high point for DCG.TO and VVSG.TO.
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Drawdown Indicators
| DCG.TO | VVSG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.19% | -0.14% | -8.05% |
Max Drawdown (1Y)Largest decline over 1 year | -1.61% | -0.14% | -1.47% |
Max Drawdown (3Y)Largest decline over 3 years | -1.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -7.39% | — | — |
Current DrawdownCurrent decline from peak | -0.22% | 0.00% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -0.00% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | 0.01% | +0.49% |
Volatility
DCG.TO vs. VVSG.TO - Volatility Comparison
Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF (DCG.TO) has a higher volatility of 0.58% compared to Vanguard Canadian Ultra-Short Government Bond Index ETF (VVSG.TO) at 0.06%. This indicates that DCG.TO's price experiences larger fluctuations and is considered to be riskier than VVSG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DCG.TO | VVSG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 0.06% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 1.73% | 0.19% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.43% | 0.34% | +2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.17% | 0.36% | +2.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.86% | 0.36% | +2.50% |
Dividends
DCG.TO vs. VVSG.TO - Dividend Comparison
DCG.TO's dividend yield for the trailing twelve months is around 2.18%, less than VVSG.TO's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DCG.TO Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF | 2.18% | 2.23% | 2.26% | 2.20% | 2.79% | 2.56% | 3.08% | 3.14% | 3.16% | 2.30% |
VVSG.TO Vanguard Canadian Ultra-Short Government Bond Index ETF | 2.40% | 2.50% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DCG.TO and VVSG.TO have a correlation of 0.24, 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 Vanguard.
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