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DMEC.TO vs. XDV.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

DMEC.TO vs. XDV.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Desjardins Canadian Equity Index ETF (DMEC.TO) and iShares Canadian Select Dividend Index ETF (XDV.TO).

DMEC.TO and XDV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMEC.TO is a passively managed fund by Desjardins that tracks the performance of the Solactive Canada Broad Market Index (CA NTR). It was launched on Apr 15, 2024. XDV.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Dec 19, 2005. Both DMEC.TO and XDV.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DMEC.TO vs. XDV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins Canadian Equity Index ETF (DMEC.TO) and iShares Canadian Select Dividend Index ETF (XDV.TO). The values are adjusted to include any dividend payments, if applicable.

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DMEC.TO vs. XDV.TO - Yearly Performance Comparison

2026 (YTD)20252024
DMEC.TO
Desjardins Canadian Equity Index ETF		3.74%31.87%16.56%
XDV.TO
iShares Canadian Select Dividend Index ETF		6.02%24.80%24.30%

Returns By Period

In the year-to-date period, DMEC.TO achieves a 3.74% return, which is significantly lower than XDV.TO's 6.02% return.

DMEC.TO

1D
2.63%
1M
-4.62%
YTD
3.74%
6M
10.40%
1Y
34.65%
3Y*
—
5Y*
—
10Y*
—

XDV.TO

1D
1.66%
1M
-1.78%
YTD
6.02%
6M
12.67%
1Y
30.91%
3Y*
18.06%
5Y*
12.33%
10Y*
10.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Desjardins Canadian Equity Index ETF

iShares Canadian Select Dividend Index ETF

Often compared with DMEC.TO:
DMEC.TO vs. KNGC.TODMEC.TO vs. VCN.TODMEC.TO vs. FCCM.NEODMEC.TO vs. RCD.TODMEC.TO vs. TQCD.TODMEC.TO vs. XIU.TODMEC.TO vs. VCE.TO
Often compared with XDV.TO:
XDV.TO vs. XDIV.TOXDV.TO vs. VDY.TOXDV.TO vs. XEI.TOXDV.TO vs. CDZ.TOXDV.TO vs. ZDV.TOXDV.TO vs. XIU.TOXDV.TO vs. ZSP.TO

DMEC.TO vs. XDV.TO - Expense Ratio Comparison

DMEC.TO has a 0.05% expense ratio, which is lower than XDV.TO's 0.55% expense ratio.

XDV.TO
iShares Canadian Select Dividend Index ETF
DMEC.TO
Desjardins Canadian Equity Index ETF

Return for Risk

DMEC.TO vs. XDV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DMEC.TO
DMEC.TO Risk / Return Rank: 9494
Overall Rank
DMEC.TO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DMEC.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
DMEC.TO Omega Ratio Rank: 9595
Omega Ratio Rank
DMEC.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
DMEC.TO Martin Ratio Rank: 9494
Martin Ratio Rank
XDV.TO
XDV.TO Risk / Return Rank: 9797
Overall Rank
XDV.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
XDV.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
XDV.TO Omega Ratio Rank: 9898
Omega Ratio Rank
XDV.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
XDV.TO Martin Ratio Rank: 9797
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.

DMEC.TO vs. XDV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Desjardins Canadian Equity Index ETF (DMEC.TO) and iShares Canadian Select Dividend Index ETF (XDV.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.

DMEC.TOXDV.TODifference

Sharpe ratio

Return per unit of total volatility

2.31

3.05

-0.75

Sortino ratio

Return per unit of downside risk

2.92

3.77

-0.84

Omega ratio

Gain probability vs. loss probability

1.46

1.65

-0.19

Calmar ratio

Return relative to maximum drawdown

3.39

4.11

-0.72

Martin ratio

Return relative to average drawdown

14.94

19.15

-4.21

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMEC.TO vs. XDV.TO - Sharpe Ratio Comparison

The current DMEC.TO Sharpe Ratio is 2.31, which is comparable to the XDV.TO Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of DMEC.TO and XDV.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

DMEC.TOXDV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.31

3.05

-0.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.15

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.73

—

Sharpe Ratio (All Time)

Calculated using the full available price history

2.08

0.54

+1.54

Correlation

The correlation between DMEC.TO and XDV.TO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DMEC.TO vs. XDV.TO - Dividend Comparison

DMEC.TO's dividend yield for the trailing twelve months is around 2.04%, less than XDV.TO's 3.26% yield.

TTM20252024202320222021202020192018201720162015
DMEC.TO
Desjardins Canadian Equity Index ETF		2.04%1.78%1.39%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XDV.TO
iShares Canadian Select Dividend Index ETF		3.26%3.46%4.20%4.46%4.34%3.69%4.55%4.01%4.68%3.47%3.72%4.52%

Drawdowns

DMEC.TO vs. XDV.TO - Drawdown Comparison

The maximum DMEC.TO drawdown since its inception was -12.15%, smaller than the maximum XDV.TO drawdown of -48.79%. Use the drawdown chart below to compare losses from any high point for DMEC.TO and XDV.TO.

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Drawdown Indicators

DMEC.TOXDV.TODifference

Max Drawdown

Largest peak-to-trough decline

-12.15%

-48.79%

+36.64%

Max Drawdown (1Y)

Largest decline over 1 year

-10.48%

-7.77%

-2.71%

Max Drawdown (5Y)

Largest decline over 5 years

—

-20.59%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.09%

—

Current Drawdown

Current decline from peak

-5.07%

-2.26%

-2.81%

Average Drawdown

Average peak-to-trough decline

-1.42%

-6.97%

+5.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

1.67%

+0.71%

Volatility

DMEC.TO vs. XDV.TO - Volatility Comparison

Desjardins Canadian Equity Index ETF (DMEC.TO) has a higher volatility of 6.14% compared to iShares Canadian Select Dividend Index ETF (XDV.TO) at 4.10%. This indicates that DMEC.TO's price experiences larger fluctuations and is considered to be riskier than XDV.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.TOXDV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.14%

4.10%

+2.04%

Volatility (6M)

Calculated over the trailing 6-month period

10.84%

7.18%

+3.66%

Volatility (1Y)

Calculated over the trailing 1-year period

15.11%

10.20%

+4.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.08%

10.80%

+2.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.08%

14.68%

-1.60%