PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DGR.TO vs. JAPN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DGR.TO vs. JAPN.TO

Last updated Aug 2, 2026
Documentation

DGR.TO (CI U.S. Quality Dividend Growth Index ETF) and JAPN.TO (CI WisdomTree Japan Equity Index ETF) are both exchange-traded funds - DGR.TO is a Quality Factor fund tracking the WisdomTree U.S. Quality Dividend Growth Index CAD, while JAPN.TO is a Japan Equities fund tracking the WisdomTree Japan Equity Index CAD. Both are passively managed. Over the past 5 years, DGR.TO returned 9.79%/yr vs 25.86%/yr for JAPN.TO. Their 0.26 correlation means their historical movements had little consistent relationship. DGR.TO charges 0.38%/yr vs 0.48%/yr for JAPN.TO.

Performance

DGR.TO vs. JAPN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI U.S. Quality Dividend Growth Index ETF (DGR.TO) and CI WisdomTree Japan Equity Index ETF (JAPN.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DGR.TO achieves a 6.15% return, which is significantly lower than JAPN.TO's 20.60% return.

DGR.TO

1D
0.39%
1M
0.41%
6M
4.67%
YTD
6.15%
1Y
13.25%
3Y*
11.98%
5Y*
9.79%
10Y*
11.97%
ALL TIME*
11.86%

JAPN.TO

1D
-0.52%
1M
-0.53%
6M
12.92%
YTD
20.60%
1Y
47.23%
3Y*
28.88%
5Y*
25.86%
10Y*
—
ALL TIME*
16.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DGR.TO

CI U.S. Quality Dividend Growth Index ETF
CA$32.50KCA$91.64KCA$88.11K

JAPN.TO

CI WisdomTree Japan Equity Index ETF
CA$71.61KCA$96.18KCA$111.76K

DGR.TO vs. JAPN.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DGR.TO
CI U.S. Quality Dividend Growth Index ETF		6.15%10.57%16.04%17.92%-8.16%24.28%10.08%28.48%-10.65%
JAPN.TO
CI WisdomTree Japan Equity Index ETF		20.60%30.67%29.25%35.51%10.82%16.05%2.20%16.56%-17.12%

Correlation

The correlation between DGR.TO and JAPN.TO is 0.41, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.41

Correlation (3Y)
Balances recent behavior with more history.

0.36

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.29

Correlation (All Time)
Calculated using the full available price history since Aug 1, 2018

0.26

The correlation between DGR.TO and JAPN.TO shifts across timeframes, from 0.26 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

DGR.TO vs. JAPN.TO - Sectors Allocation Comparison

Sectors
DGR.TO
JAPN.TO

Technology

33.8%
15.7%

Healthcare

12.8%
6.2%

Industrials

11.8%
25.5%

Communication Services

11.1%
3.5%

Financial Services

8.4%
19.5%

Consumer Cyclical

8.0%
15.5%

Consumer Defensive

6.7%
4.8%

Energy

4.5%
1.5%

Basic Materials

2.8%
7.6%

Utilities

0.2%
0.1%

Real Estate

-

-

Technology

DGR.TO
33.8%
JAPN.TO
15.7%

Healthcare

DGR.TO
12.8%
JAPN.TO
6.2%

Industrials

DGR.TO
11.8%
JAPN.TO
25.5%

Communication Services

DGR.TO
11.1%
JAPN.TO
3.5%

Financial Services

DGR.TO
8.4%
JAPN.TO
19.5%

Consumer Cyclical

DGR.TO
8.0%
JAPN.TO
15.5%

Consumer Defensive

DGR.TO
6.7%
JAPN.TO
4.8%

Energy

DGR.TO
4.5%
JAPN.TO
1.5%

Basic Materials

DGR.TO
2.8%
JAPN.TO
7.6%

Utilities

DGR.TO
0.2%
JAPN.TO
0.1%

Real Estate

DGR.TO

-

JAPN.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

CI U.S. Quality Dividend Growth Index ETF

CI WisdomTree Japan Equity Index ETF

Often compared with DGR.TO:
DGR.TO vs. EHE.TODGR.TO vs. ZZZD.TODGR.TO vs. ZUD.TODGR.TO vs. CINF.TODGR.TO vs. CMNY.TODGR.TO vs. VUDV.TODGR.TO vs. DXU.TO
Often compared with JAPN.TO:
JAPN.TO vs. VOOJAPN.TO vs. VGTJAPN.TO vs. YCSJAPN.TO vs. EWTJAPN.TO vs. DXJSJAPN.TO vs. DXJJAPN.TO vs. CJP.NEO

Return for Risk

DGR.TO vs. JAPN.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
DGR.TO
DGR.TO Risk / Return Rank: 4343
Overall Rank
DGR.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
DGR.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
DGR.TO Omega Ratio Rank: 4343
Omega Ratio Rank
DGR.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
DGR.TO Martin Ratio Rank: 4646
Martin Ratio Rank
JAPN.TO
JAPN.TO Risk / Return Rank: 9191
Overall Rank
JAPN.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
JAPN.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
JAPN.TO Omega Ratio Rank: 9292
Omega Ratio Rank
JAPN.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
JAPN.TO Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DGR.TO vs. JAPN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI U.S. Quality Dividend Growth Index ETF (DGR.TO) and CI WisdomTree Japan Equity Index ETF (JAPN.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.

DGR.TOJAPN.TODifference
Sharpe ratioReturn per unit of total volatility
1.10
2.51

-1.41

Sortino ratioReturn per unit of downside risk
1.69
3.37

-1.68

Omega ratioGain probability vs. loss probability

1.20

1.46

-0.25

Calmar ratioReturn relative to maximum drawdown

1.36

4.10

-2.74

Martin ratioReturn relative to average drawdown

5.26

14.95

-9.69

DGR.TO vs. JAPN.TO - Sharpe Ratio Comparison

The current DGR.TO Sharpe Ratio is 1.10, which is lower than the JAPN.TO Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of DGR.TO and JAPN.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.

Loading charts...

Drawdowns

DGR.TO vs. JAPN.TO - Drawdown Comparison

The maximum DGR.TO drawdown since its inception was -30.73%, which is greater than JAPN.TO's maximum drawdown of -28.88%. Use the drawdown chart below to compare losses from any high point for DGR.TO and JAPN.TO.

Loading charts...

Drawdown Indicators

DGR.TOJAPN.TODifference

Max Drawdown

Largest peak-to-trough decline

-30.73%

-28.88%

-1.85%

Max Drawdown (1Y)

Largest decline over 1 year

-8.55%

-11.09%

+2.54%

Max Drawdown (3Y)

Largest decline over 3 years

-16.65%

-21.67%

+5.02%

Max Drawdown (5Y)

Largest decline over 5 years

-17.92%

-21.67%

+3.75%

Max Drawdown (10Y)

Largest decline over 10 years

-30.73%

—

—

Current Drawdown

Current decline from peak

-1.83%

-2.73%

+0.90%

Average Drawdown

Average peak-to-trough decline

-3.51%

-5.93%

+2.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.21%

3.03%

-0.82%

Volatility

DGR.TO vs. JAPN.TO - Volatility Comparison

The current volatility for CI U.S. Quality Dividend Growth Index ETF (DGR.TO) is 2.72%, while CI WisdomTree Japan Equity Index ETF (JAPN.TO) has a volatility of 5.07%. This indicates that DGR.TO experiences smaller price fluctuations and is considered to be less risky than JAPN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DGR.TOJAPN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.72%

5.07%

-2.35%

Volatility (6M)

Calculated over the trailing 6-month period

8.27%

14.22%

-5.95%

Volatility (1Y)

Calculated over the trailing 1-year period

10.55%

18.07%

-7.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.08%

19.17%

-5.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.21%

19.23%

-4.02%

DGR.TO vs. JAPN.TO - Expense Ratio Comparison

DGR.TO has a 0.38% expense ratio, which is lower than JAPN.TO's 0.48% expense ratio.

Dividends

DGR.TO vs. JAPN.TO - Dividend Comparison

DGR.TO's dividend yield for the trailing twelve months is around 1.14%, less than JAPN.TO's 1.55% yield.

PositionTTM2025202420232022202120202019201820172016
DGR.TO
CI U.S. Quality Dividend Growth Index ETF		1.14%1.24%0.94%1.53%1.70%1.26%1.29%1.67%1.94%1.29%0.62%
JAPN.TO
CI WisdomTree Japan Equity Index ETF		1.55%2.08%1.58%1.51%2.59%1.35%1.36%2.12%0.62%0.00%0.00%

Frequently Asked Questions

DGR.TO and JAPN.TO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DGR.TO is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DGR.TO is cheaper with a 0.38% expense ratio, compared with 0.48% for JAPN.TO.

DGR.TO is categorized as Quality Factor, while JAPN.TO is Japan Equities. DGR.TO tracks WisdomTree U.S. Quality Dividend Growth Index CAD, while JAPN.TO tracks WisdomTree Japan Equity Index CAD. Their fees differ too: 0.38% for DGR.TO and 0.48% for JAPN.TO.

Portfolio Optimizer

Find the right allocation for DGR.TO and JAPN.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer