DGLM.TO vs. DRFG.TO
DGLM.TO (Desjardins Global Macro ETF) and DRFG.TO (Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF) are both exchange-traded funds - DGLM.TO is a Multistrategy fund actively managed by Desjardins, while DRFG.TO is a Sustainable fund actively managed by Desjardins. Both are actively managed. Their -0.02 correlation means they have often moved in opposite directions in the past. DGLM.TO charges 0.90%/yr vs 0.17%/yr for DRFG.TO.
Performance
DGLM.TO vs. DRFG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DGLM.TO achieves a 7.84% return, which is significantly lower than DRFG.TO's 14.40% return.
DGLM.TO
- 1D
- 0.00%
- 1M
- 1.14%
- 6M
- 6.78%
- YTD
- 7.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DRFG.TO
- 1D
- 0.90%
- 1M
- -1.81%
- 6M
- 12.78%
- YTD
- 14.40%
- 1Y
- 27.62%
- 3Y*
- 22.93%
- 5Y*
- 13.68%
- 10Y*
- —
- ALL TIME*
- 13.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DGLM.TO Desjardins Global Macro ETF | CA$213.70 | CA$1.12K | CA$422.16 |
| CA$62.33K | CA$58.32K | CA$59.99K |
DGLM.TO vs. DRFG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DGLM.TO Desjardins Global Macro ETF | 7.84% | -0.25% |
DRFG.TO Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF | 14.40% | 5.62% |
Correlation
The correlation between DGLM.TO and DRFG.TO is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 22, 2025 | -0.02 |
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Return for Risk
DGLM.TO vs. DRFG.TO — Risk / Return Rank
DGLM.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DRFG.TO
DGLM.TO vs. DRFG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Global Macro ETF (DGLM.TO) and Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.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.
| DGLM.TO | DRFG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.30 | — |
| Martin ratioReturn relative to average drawdown | — | 12.74 | — |
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Drawdowns
DGLM.TO vs. DRFG.TO - Drawdown Comparison
The maximum DGLM.TO drawdown since its inception was -2.58%, smaller than the maximum DRFG.TO drawdown of -27.73%. Use the drawdown chart below to compare losses from any high point for DGLM.TO and DRFG.TO.
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Drawdown Indicators
| DGLM.TO | DRFG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.58% | -27.73% | +25.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.40% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.09% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.49% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -0.47% | -4.61% | +4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.17% | — |
Volatility
DGLM.TO vs. DRFG.TO - Volatility Comparison
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Volatility by Period
| DGLM.TO | DRFG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.11% | 13.09% | -7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.11% | 12.74% | -7.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.11% | 14.23% | -9.12% |
DGLM.TO vs. DRFG.TO - Expense Ratio Comparison
DGLM.TO has a 0.90% expense ratio, which is higher than DRFG.TO's 0.17% expense ratio.
Dividends
DGLM.TO vs. DRFG.TO - Dividend Comparison
DGLM.TO's dividend yield for the trailing twelve months is around 1.57%, which matches DRFG.TO's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DGLM.TO Desjardins Global Macro ETF | 1.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DRFG.TO Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF | 1.57% | 2.14% | 1.40% | 1.49% | 1.58% | 1.37% | 1.59% | 1.68% |
Frequently Asked Questions
DGLM.TO and DRFG.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DRFG.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DRFG.TO is cheaper with a 0.17% expense ratio, compared with 0.90% for DGLM.TO.
DGLM.TO is categorized as Multistrategy, while DRFG.TO is Sustainable. Their fees differ too: 0.90% for DGLM.TO and 0.17% for DRFG.TO.
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