DCU.TO vs. DCBC.TO
DCU.TO (Desjardins Canadian Universe Bond Index ETF) and DCBC.TO (Desjardins Canadian Corporate Bond Index ETF) are both exchange-traded funds - DCU.TO is a Total Bond Market fund actively managed by Desjardins, while DCBC.TO is a Corporate Bonds fund tracking the Solactive Canadian Bond Universe Corporate TR Index. DCU.TO is actively managed, while DCBC.TO is passively managed. Over the past year, DCU.TO returned 4.20% vs 4.44% for DCBC.TO. At a 0.46 correlation, their price movements are largely independent.
Performance
DCU.TO vs. DCBC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DCU.TO achieves a 1.27% return, which is significantly lower than DCBC.TO's 1.55% return.
DCU.TO
- 1D
- 0.17%
- 1M
- -0.44%
- 6M
- 0.65%
- YTD
- 1.27%
- 1Y
- 4.20%
- 3Y*
- 4.06%
- 5Y*
- 0.39%
- 10Y*
- —
DCBC.TO
- 1D
- 0.10%
- 1M
- -0.64%
- 6M
- 0.92%
- YTD
- 1.55%
- 1Y
- 4.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DCU.TO vs. DCBC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DCU.TO Desjardins Canadian Universe Bond Index ETF | 1.27% | 2.19% | 7.50% |
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 1.55% | 3.94% | 6.62% |
Correlation
The correlation between DCU.TO and DCBC.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.46 |
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Return for Risk
DCU.TO vs. DCBC.TO — Risk / Return Rank
DCU.TO
DCBC.TO
DCU.TO vs. DCBC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Canadian Universe Bond Index ETF (DCU.TO) and Desjardins Canadian Corporate Bond Index ETF (DCBC.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.
| DCU.TO | DCBC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.74 | -0.21 |
| Martin ratioReturn relative to average drawdown | 3.78 | 5.61 | -1.83 |
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Drawdowns
DCU.TO vs. DCBC.TO - Drawdown Comparison
The maximum DCU.TO drawdown since its inception was -17.81%, which is greater than DCBC.TO's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for DCU.TO and DCBC.TO.
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Drawdown Indicators
| DCU.TO | DCBC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.81% | -3.12% | -14.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -2.57% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -4.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.40% | — | — |
Current DrawdownCurrent decline from peak | -1.90% | -0.80% | -1.10% |
Average DrawdownAverage peak-to-trough decline | -5.21% | -0.62% | -4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.79% | +0.32% |
Volatility
DCU.TO vs. DCBC.TO - Volatility Comparison
Desjardins Canadian Universe Bond Index ETF (DCU.TO) and Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) have volatilities of 1.06% and 1.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DCU.TO | DCBC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.04% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 2.76% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 3.58% | +0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.25% | 4.26% | +1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.29% | 4.26% | +2.03% |
Dividends
DCU.TO vs. DCBC.TO - Dividend Comparison
DCU.TO's dividend yield for the trailing twelve months is around 3.17%, less than DCBC.TO's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 3.79% | 3.55% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DCU.TO Desjardins Canadian Universe Bond Index ETF | 3.17% | 3.07% | 2.92% | 2.58% | 3.49% | 3.00% | 2.82% | 2.79% | 2.90% | 2.12% |
Frequently Asked Questions
DCU.TO and DCBC.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DCU.TO is categorized as Total Bond Market, while DCBC.TO is Corporate Bonds.
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