DIV.TO vs. ZMMK.TO
DIV.TO (Diversified Royalty Corp.) is a stock, while ZMMK.TO (BMO Money Market Fund ETF Series) is Money Market fund actively managed by BMO. Over the past 3 years, DIV.TO returned 28.07%/yr vs 3.86%/yr for ZMMK.TO. At a correlation of -0.00, they often move in opposite directions.
Performance
DIV.TO vs. ZMMK.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIV.TO achieves a 28.99% return, which is significantly higher than ZMMK.TO's 0.99% return.
DIV.TO
- 1D
- -0.64%
- 1M
- 8.72%
- YTD
- 28.99%
- 6M
- 29.46%
- 1Y
- 70.32%
- 3Y*
- 28.07%
- 5Y*
- 22.79%
- 10Y*
- 16.55%
ZMMK.TO
- 1D
- 0.04%
- 1M
- 0.19%
- YTD
- 0.99%
- 6M
- 1.17%
- 1Y
- 2.50%
- 3Y*
- 3.86%
- 5Y*
- —
- 10Y*
- —
DIV.TO vs. ZMMK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DIV.TO Diversified Royalty Corp. | 28.99% | 38.92% | 16.26% | -0.40% | 14.10% | 2.46% |
ZMMK.TO BMO Money Market Fund ETF Series | 0.99% | 2.77% | 4.94% | 4.86% | 1.99% | 0.04% |
Correlation
The correlation between DIV.TO and ZMMK.TO is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2021 | -0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DIV.TO vs. ZMMK.TO — Risk / Return Rank
DIV.TO
ZMMK.TO
DIV.TO vs. ZMMK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diversified Royalty Corp. (DIV.TO) and BMO Money Market Fund ETF Series (ZMMK.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.
| DIV.TO | ZMMK.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.31 | ||
| Sortino ratioReturn per unit of downside risk | -18.82 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 5.48 | -3.83 |
| Calmar ratioReturn relative to maximum drawdown | 7.12 | 83.57 | -76.45 |
| Martin ratioReturn relative to average drawdown | 22.86 | 380.38 | -357.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DIV.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.37 | 9.68 | -6.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 10.31 | -10.21 |
Drawdowns
DIV.TO vs. ZMMK.TO - Drawdown Comparison
The maximum DIV.TO drawdown since its inception was -99.64%, which is greater than ZMMK.TO's maximum drawdown of -0.16%. Use the drawdown chart below to compare losses from any high point for DIV.TO and ZMMK.TO.
Loading charts...
Drawdown Indicators
| DIV.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.64% | -0.16% | -99.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -0.03% | -9.89% |
Max Drawdown (3Y)Largest decline over 3 years | -17.80% | -0.08% | -17.72% |
Max Drawdown (5Y)Largest decline over 5 years | -25.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.32% | — | — |
Current DrawdownCurrent decline from peak | -56.60% | 0.00% | -56.60% |
Average DrawdownAverage peak-to-trough decline | -73.54% | -0.00% | -73.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 0.01% | +3.08% |
Volatility
DIV.TO vs. ZMMK.TO - Volatility Comparison
Diversified Royalty Corp. (DIV.TO) has a higher volatility of 9.42% compared to BMO Money Market Fund ETF Series (ZMMK.TO) at 0.06%. This indicates that DIV.TO's price experiences larger fluctuations and is considered to be riskier than ZMMK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DIV.TO | ZMMK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.42% | 0.06% | +9.36% |
Volatility (6M)Calculated over the trailing 6-month period | 14.95% | 0.18% | +14.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.95% | 0.26% | +20.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.79% | 0.34% | +20.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.81% | 0.34% | +27.47% |
Dividends
DIV.TO vs. ZMMK.TO - Dividend Comparison
DIV.TO's dividend yield for the trailing twelve months is around 6.00%, more than ZMMK.TO's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIV.TO Diversified Royalty Corp. | 6.00% | 7.12% | 8.59% | 8.79% | 7.45% | 7.41% | 8.87% | 7.26% | 8.06% | 6.59% | 8.87% | 8.39% |
ZMMK.TO BMO Money Market Fund ETF Series | 2.53% | 3.02% | 4.66% | 4.98% | 1.95% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIV.TO and ZMMK.TO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for DIV.TO and ZMMK.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