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DLR.TO vs. BBD-B.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DLR.TO vs. BBD-B.TO

Last updated Jul 14, 2026
Documentation

DLR.TO (Global X U.S. Dollar Currency ETF) is Currency fund actively managed by Global X, while BBD-B.TO (Bombardier Inc) is a stock. Over the past 10 years, DLR.TO returned 2.47%/yr vs 20.15%/yr for BBD-B.TO. At a correlation of -0.17, they often move in opposite directions.

Performance

DLR.TO vs. BBD-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X U.S. Dollar Currency ETF (DLR.TO) and Bombardier Inc (BBD-B.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, DLR.TO achieves a 4.60% return, which is significantly lower than BBD-B.TO's 38.90% return. Over the past 10 years, DLR.TO has underperformed BBD-B.TO with an annualized return of 2.47%, while BBD-B.TO has yielded a comparatively higher 20.15% annualized return.

DLR.TO

1D
0.07%
1M
1.45%
6M
3.41%
YTD
4.60%
1Y
6.59%
3Y*
5.96%
5Y*
5.33%
10Y*
2.47%

BBD-B.TO

1D
-3.39%
1M
4.45%
6M
29.84%
YTD
38.90%
1Y
103.96%
3Y*
77.68%
5Y*
55.00%
10Y*
20.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DLR.TO vs. BBD-B.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DLR.TO
Global X U.S. Dollar Currency ETF		4.60%-1.34%12.85%1.81%8.33%-0.93%-2.21%-3.68%9.77%-6.51%
BBD-B.TO
Bombardier Inc		38.90%138.87%83.71%1.80%24.45%250.00%-75.13%-4.93%-33.00%40.28%

Correlation

The correlation between DLR.TO and BBD-B.TO is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.10

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

-0.19

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

-0.25

Correlation (10Y)
Calculated over the trailing 10-year period

-0.18

Correlation (All Time)
Calculated using the full available price history since Apr 7, 2011

-0.17

The correlation between DLR.TO and BBD-B.TO shifts across timeframes, from -0.25 (5 years) to -0.10 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Global X U.S. Dollar Currency ETF

Bombardier Inc

Often compared with DLR.TO:
DLR.TO vs. HXT.TODLR.TO vs. CASH.TODLR.TO vs. CBIL.TODLR.TO vs. HXS.TODLR.TO vs. CHPS.TODLR.TO vs. HBNK.TODLR.TO vs. QQCL.TO
Often compared with BBD-B.TO:
BBD-B.TO vs. BBD-A.TOBBD-B.TO vs. MAL.TOBBD-B.TO vs. ABX.TOBBD-B.TO vs. WELL.TOBBD-B.TO vs. GOLDBBD-B.TO vs. URTHBBD-B.TO vs. BBD-PC.TO

Return for Risk

DLR.TO vs. BBD-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DLR.TO
DLR.TO Risk / Return Rank: 5151
Overall Rank
DLR.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
DLR.TO Sortino Ratio Rank: 5858
Sortino Ratio Rank
DLR.TO Omega Ratio Rank: 6060
Omega Ratio Rank
DLR.TO Calmar Ratio Rank: 4141
Calmar Ratio Rank
DLR.TO Martin Ratio Rank: 3636
Martin Ratio Rank
BBD-B.TO
BBD-B.TO Risk / Return Rank: 9393
Overall Rank
BBD-B.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
BBD-B.TO Sortino Ratio Rank: 9292
Sortino Ratio Rank
BBD-B.TO Omega Ratio Rank: 9090
Omega Ratio Rank
BBD-B.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
BBD-B.TO Martin Ratio Rank: 9696
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.

DLR.TO vs. BBD-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Dollar Currency ETF (DLR.TO) and Bombardier Inc (BBD-B.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.

DLR.TOBBD-B.TODifference
Sharpe ratioReturn per unit of total volatility
1.56
2.22

-0.66

Sortino ratioReturn per unit of downside risk
2.22
3.00

-0.79

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.07

Calmar ratioReturn relative to maximum drawdown

1.68

5.92

-4.24

Martin ratioReturn relative to average drawdown

4.44

16.01

-11.57

DLR.TO vs. BBD-B.TO - Sharpe Ratio Comparison

The current DLR.TO Sharpe Ratio is 1.56, which is comparable to the BBD-B.TO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of DLR.TO and BBD-B.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

DLR.TO vs. BBD-B.TO - Drawdown Comparison

The maximum DLR.TO drawdown since its inception was -17.60%, smaller than the maximum BBD-B.TO drawdown of -96.85%. Use the drawdown chart below to compare losses from any high point for DLR.TO and BBD-B.TO.

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Drawdown Indicators

DLR.TOBBD-B.TODifference

Max Drawdown

Largest peak-to-trough decline

-17.60%

-96.85%

+79.25%

Max Drawdown (1Y)

Largest decline over 1 year

-3.94%

-17.67%

+13.73%

Max Drawdown (3Y)

Largest decline over 3 years

-5.77%

-39.54%

+33.77%

Max Drawdown (5Y)

Largest decline over 5 years

-5.77%

-66.64%

+60.87%

Max Drawdown (10Y)

Largest decline over 10 years

-17.60%

-94.84%

+77.24%

Current Drawdown

Current decline from peak

-0.37%

-6.46%

+6.09%

Average Drawdown

Average peak-to-trough decline

-6.41%

-57.04%

+50.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

6.52%

-5.03%

Volatility

DLR.TO vs. BBD-B.TO - Volatility Comparison

The current volatility for Global X U.S. Dollar Currency ETF (DLR.TO) is 1.05%, while Bombardier Inc (BBD-B.TO) has a volatility of 9.63%. This indicates that DLR.TO experiences smaller price fluctuations and is considered to be less risky than BBD-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DLR.TOBBD-B.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.05%

9.63%

-8.58%

Volatility (6M)

Calculated over the trailing 6-month period

3.11%

38.48%

-35.37%

Volatility (1Y)

Calculated over the trailing 1-year period

4.24%

47.18%

-42.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.22%

54.11%

-47.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.57%

60.26%

-53.69%

Dividends

DLR.TO vs. BBD-B.TO - Dividend Comparison

DLR.TO's dividend yield for the trailing twelve months is around 3.88%, while BBD-B.TO has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
BBD-B.TO
Bombardier Inc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DLR.TO
Global X U.S. Dollar Currency ETF		3.88%3.33%3.23%4.98%0.00%0.00%0.00%0.57%

Frequently Asked Questions

DLR.TO and BBD-B.TO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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