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DCU.TO vs. DRCU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DCU.TO vs. DRCU.TO

Last updated Jul 16, 2026
Documentation

DCU.TO (Desjardins Canadian Universe Bond Index ETF) and DRCU.TO (Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF) are both exchange-traded funds - DCU.TO is a Total Bond Market fund actively managed by Desjardins, while DRCU.TO is a Sustainable fund actively managed by Desjardins. Both are actively managed. Over the past 5 years, DCU.TO returned 0.39%/yr vs 0.58%/yr for DRCU.TO. At a 0.40 correlation, their price movements are largely independent.

Performance

DCU.TO vs. DRCU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins Canadian Universe Bond Index ETF (DCU.TO) and Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.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, DCU.TO achieves a 1.27% return, which is significantly higher than DRCU.TO's 0.39% 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*
—

DRCU.TO

1D
-0.32%
1M
-0.75%
6M
0.76%
YTD
0.39%
1Y
4.30%
3Y*
4.55%
5Y*
0.58%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DCU.TO vs. DRCU.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DCU.TO
Desjardins Canadian Universe Bond Index ETF		1.27%2.19%3.83%6.53%-11.04%-2.76%8.04%6.70%1.99%
DRCU.TO
Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF		0.39%3.11%5.29%6.29%-11.24%-3.01%7.92%8.54%0.21%

Correlation

The correlation between DCU.TO and DRCU.TO is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.50

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

0.46

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

0.47

Correlation (All Time)
Calculated using the full available price history since Sep 27, 2018

0.40

The correlation between DCU.TO and DRCU.TO shifts across timeframes, from 0.40 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.

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Desjardins Canadian Universe Bond Index ETF

Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF

Return for Risk

DCU.TO vs. DRCU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DCU.TO
DCU.TO Risk / Return Rank: 3333
Overall Rank
DCU.TO Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
DCU.TO Sortino Ratio Rank: 3030
Sortino Ratio Rank
DCU.TO Omega Ratio Rank: 3535
Omega Ratio Rank
DCU.TO Calmar Ratio Rank: 3636
Calmar Ratio Rank
DCU.TO Martin Ratio Rank: 3232
Martin Ratio Rank
DRCU.TO
DRCU.TO Risk / Return Rank: 2828
Overall Rank
DRCU.TO Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
DRCU.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
DRCU.TO Omega Ratio Rank: 2626
Omega Ratio Rank
DRCU.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
DRCU.TO Martin Ratio Rank: 3030
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.

DCU.TO vs. DRCU.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 RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.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.TODRCU.TODifference
Sharpe ratioReturn per unit of total volatility
1.03
0.84

+0.19

Sortino ratioReturn per unit of downside risk
1.40
1.19

+0.20

Omega ratioGain probability vs. loss probability

1.20

1.16

+0.04

Calmar ratioReturn relative to maximum drawdown

1.53

1.38

+0.15

Martin ratioReturn relative to average drawdown

3.78

3.52

+0.26

DCU.TO vs. DRCU.TO - Sharpe Ratio Comparison

The current DCU.TO Sharpe Ratio is 1.03, which is comparable to the DRCU.TO Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of DCU.TO and DRCU.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

DCU.TO vs. DRCU.TO - Drawdown Comparison

The maximum DCU.TO drawdown since its inception was -17.81%, roughly equal to the maximum DRCU.TO drawdown of -18.29%. Use the drawdown chart below to compare losses from any high point for DCU.TO and DRCU.TO.

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Drawdown Indicators

DCU.TODRCU.TODifference

Max Drawdown

Largest peak-to-trough decline

-17.81%

-18.29%

+0.48%

Max Drawdown (1Y)

Largest decline over 1 year

-2.76%

-2.61%

-0.15%

Max Drawdown (3Y)

Largest decline over 3 years

-4.43%

-4.71%

+0.28%

Max Drawdown (5Y)

Largest decline over 5 years

-15.40%

-16.14%

+0.74%

Current Drawdown

Current decline from peak

-1.90%

-1.22%

-0.68%

Average Drawdown

Average peak-to-trough decline

-5.21%

-5.78%

+0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.11%

1.02%

+0.09%

Volatility

DCU.TO vs. DRCU.TO - Volatility Comparison

Desjardins Canadian Universe Bond Index ETF (DCU.TO) and Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) have volatilities of 1.06% and 1.03%, 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.TODRCU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.06%

1.03%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

3.29%

3.19%

+0.10%

Volatility (1Y)

Calculated over the trailing 1-year period

4.12%

4.33%

-0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.25%

7.51%

-1.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.29%

7.72%

-1.43%

Dividends

DCU.TO vs. DRCU.TO - Dividend Comparison

DCU.TO's dividend yield for the trailing twelve months is around 3.17%, less than DRCU.TO's 3.43% yield.

PositionTTM202520242023202220212020201920182017
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%
DRCU.TO
Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF		3.43%3.43%3.27%2.62%3.34%2.87%2.69%2.67%0.71%0.00%

Frequently Asked Questions

DCU.TO and DRCU.TO have a correlation of 0.50, 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 DRCU.TO is Sustainable.

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