DMEC.TO vs. DRFU.TO
DMEC.TO (Desjardins Canadian Equity Index ETF) and DRFU.TO (Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF) are both exchange-traded funds - DMEC.TO is a Canada Equities fund tracking the Solactive Canada Broad Market Index (CA NTR), while DRFU.TO is a Large Cap Blend Equities fund actively managed by Desjardins. DMEC.TO is passively managed, while DRFU.TO is actively managed. Over the past year, DMEC.TO returned 33.73% vs 28.90% for DRFU.TO. At a 0.26 correlation, their price movements are largely independent.
Performance
DMEC.TO vs. DRFU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DMEC.TO achieves a 12.80% return, which is significantly lower than DRFU.TO's 15.27% return.
DMEC.TO
- 1D
- 0.15%
- 1M
- 0.55%
- 6M
- 8.72%
- YTD
- 12.80%
- 1Y
- 33.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRFU.TO
- 1D
- 0.00%
- 1M
- 1.19%
- 6M
- 14.40%
- YTD
- 15.27%
- 1Y
- 28.90%
- 3Y*
- 24.00%
- 5Y*
- 14.84%
- 10Y*
- —
DMEC.TO vs. DRFU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DMEC.TO Desjardins Canadian Equity Index ETF | 12.80% | 31.87% | 16.56% |
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 15.27% | 12.18% | 19.46% |
Correlation
The correlation between DMEC.TO and DRFU.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2024 | 0.26 |
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Return for Risk
DMEC.TO vs. DRFU.TO — Risk / Return Rank
DMEC.TO
DRFU.TO
DMEC.TO vs. DRFU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins Canadian Equity Index ETF (DMEC.TO) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.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.
| DMEC.TO | DRFU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.61 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 4.25 | -0.65 |
| Martin ratioReturn relative to average drawdown | 16.21 | 15.34 | +0.87 |
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Drawdowns
DMEC.TO vs. DRFU.TO - Drawdown Comparison
The maximum DMEC.TO drawdown since its inception was -12.15%, smaller than the maximum DRFU.TO drawdown of -19.89%. Use the drawdown chart below to compare losses from any high point for DMEC.TO and DRFU.TO.
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Drawdown Indicators
| DMEC.TO | DRFU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.15% | -19.89% | +7.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.41% | -6.89% | -2.52% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.89% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.89% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.40% | -4.92% | +3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.90% | +0.19% |
Volatility
DMEC.TO vs. DRFU.TO - Volatility Comparison
The current volatility for Desjardins Canadian Equity Index ETF (DMEC.TO) is 2.20%, while Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) has a volatility of 2.67%. This indicates that DMEC.TO experiences smaller price fluctuations and is considered to be less risky than DRFU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMEC.TO | DRFU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.20% | 2.67% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 10.67% | 11.39% | -0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.10% | 13.99% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.91% | 16.37% | -3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.91% | 16.49% | -3.58% |
Dividends
DMEC.TO vs. DRFU.TO - Dividend Comparison
DMEC.TO's dividend yield for the trailing twelve months is around 1.71%, more than DRFU.TO's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DMEC.TO Desjardins Canadian Equity Index ETF | 1.71% | 1.78% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 1.01% | 0.76% | 0.60% | 0.80% | 1.05% | 1.08% | 1.38% | 1.37% | 0.41% |
Frequently Asked Questions
DMEC.TO and DRFU.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DMEC.TO is categorized as Canada Equities, while DRFU.TO is Large Cap Blend Equities.
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