DIVS.TO vs. LEAD.TO
DIVS.TO (Evolve Active Canadian Preferred Share Fund) and LEAD.TO (Evolve Future Leadership Fund) are both exchange-traded funds - DIVS.TO is a Actively Managed fund actively managed by Evolve Funds Group Inc., while LEAD.TO is a Global Equities fund actively managed by Evolve Funds Group Inc.. Both are actively managed. Over the past 5 years, DIVS.TO returned 6.01%/yr vs 5.58%/yr for LEAD.TO. At a 0.15 correlation, their price movements are largely independent. DIVS.TO charges 0.80%/yr vs 0.92%/yr for LEAD.TO.
Performance
DIVS.TO vs. LEAD.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DIVS.TO achieves a 5.28% return, which is significantly higher than LEAD.TO's -4.13% return.
DIVS.TO
- 1D
- -0.38%
- 1M
- 1.93%
- 6M
- 5.70%
- YTD
- 5.28%
- 1Y
- 12.28%
- 3Y*
- 15.03%
- 5Y*
- 6.01%
- 10Y*
- —
- ALL TIME*
- 4.02%
LEAD.TO
- 1D
- -1.14%
- 1M
- 1.87%
- 6M
- -0.68%
- YTD
- -4.13%
- 1Y
- -3.93%
- 3Y*
- 18.17%
- 5Y*
- 5.58%
- 10Y*
- —
- ALL TIME*
- 8.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$83.46K | CA$44.26K | CA$19.33K | |
| CA$5.33K | CA$6.18K | CA$7.84K |
DIVS.TO vs. LEAD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DIVS.TO Evolve Active Canadian Preferred Share Fund | 5.28% | 14.45% | 20.78% | 5.70% | -15.55% | 19.87% | 9.23% |
LEAD.TO Evolve Future Leadership Fund | -4.13% | 12.13% | 38.23% | 34.98% | -34.79% | 14.98% | 7.95% |
Correlation
The correlation between DIVS.TO and LEAD.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2020 | 0.15 |
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Return for Risk
DIVS.TO vs. LEAD.TO — Risk / Return Rank
DIVS.TO
LEAD.TO
DIVS.TO vs. LEAD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Active Canadian Preferred Share Fund (DIVS.TO) and Evolve Future Leadership Fund (LEAD.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.
| DIVS.TO | LEAD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 0.99 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 5.59 | -0.15 | +5.74 |
| Martin ratioReturn relative to average drawdown | 21.54 | -0.33 | +21.86 |
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Drawdowns
DIVS.TO vs. LEAD.TO - Drawdown Comparison
The maximum DIVS.TO drawdown since its inception was -49.95%, which is greater than LEAD.TO's maximum drawdown of -39.80%. Use the drawdown chart below to compare losses from any high point for DIVS.TO and LEAD.TO.
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Drawdown Indicators
| DIVS.TO | LEAD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.95% | -39.80% | -10.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -22.65% | +20.44% |
Max Drawdown (3Y)Largest decline over 3 years | -6.50% | -22.65% | +16.15% |
Max Drawdown (5Y)Largest decline over 5 years | -19.80% | -39.80% | +20.00% |
Current DrawdownCurrent decline from peak | -0.76% | -9.30% | +8.54% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -13.81% | +4.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 10.12% | -9.55% |
Volatility
DIVS.TO vs. LEAD.TO - Volatility Comparison
The current volatility for Evolve Active Canadian Preferred Share Fund (DIVS.TO) is 1.46%, while Evolve Future Leadership Fund (LEAD.TO) has a volatility of 5.40%. This indicates that DIVS.TO experiences smaller price fluctuations and is considered to be less risky than LEAD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIVS.TO | LEAD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 5.40% | -3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 4.04% | 14.99% | -10.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.41% | 18.57% | -13.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.65% | 21.80% | -14.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.79% | 21.02% | -8.23% |
DIVS.TO vs. LEAD.TO - Expense Ratio Comparison
DIVS.TO has a 0.80% expense ratio, which is lower than LEAD.TO's 0.92% expense ratio.
Dividends
DIVS.TO vs. LEAD.TO - Dividend Comparison
DIVS.TO's dividend yield for the trailing twelve months is around 4.94%, less than LEAD.TO's 11.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVS.TO Evolve Active Canadian Preferred Share Fund | 4.94% | 4.92% | 5.30% | 5.89% | 5.87% | 4.70% | 5.37% | 5.00% | 4.70% | 0.68% |
LEAD.TO Evolve Future Leadership Fund | 11.67% | 9.21% | 5.84% | 7.25% | 9.02% | 5.44% | 1.48% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIVS.TO and LEAD.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DIVS.TO is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DIVS.TO is cheaper with a 0.80% expense ratio, compared with 0.92% for LEAD.TO.
DIVS.TO is categorized as Actively Managed, while LEAD.TO is Global Equities. Their fees differ too: 0.80% for DIVS.TO and 0.92% for LEAD.TO.
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