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DRCU.TO vs. DCU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DRCU.TO vs. DCU.TO

Last updated Jul 16, 2026
Documentation

DRCU.TO (Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF) and DCU.TO (Desjardins Canadian Universe Bond Index ETF) are both exchange-traded funds - DRCU.TO is a Sustainable fund actively managed by Desjardins, while DCU.TO is a Total Bond Market fund actively managed by Desjardins. Both are actively managed. Over the past 5 years, DRCU.TO returned 0.58%/yr vs 0.39%/yr for DCU.TO. At a 0.40 correlation, their price movements are largely independent.

Performance

DRCU.TO vs. DCU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) and Desjardins Canadian Universe Bond Index ETF (DCU.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, DRCU.TO achieves a 0.39% return, which is significantly lower than DCU.TO's 1.27% return.

DRCU.TO

1D
-0.32%
1M
-0.75%
6M
0.76%
YTD
0.39%
1Y
4.30%
3Y*
4.55%
5Y*
0.58%
10Y*
—

DCU.TO

1D
0.17%
1M
-0.44%
6M
0.65%
YTD
1.27%
1Y
4.20%
3Y*
4.06%
5Y*
0.39%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DRCU.TO vs. DCU.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DRCU.TO
Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF		0.39%3.11%5.29%6.29%-11.24%-3.01%7.92%8.54%0.21%
DCU.TO
Desjardins Canadian Universe Bond Index ETF		1.27%2.19%3.83%6.53%-11.04%-2.76%8.04%6.70%1.99%

Correlation

The correlation between DRCU.TO and DCU.TO is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.50

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

0.46

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

0.47

Correlation (All Time)
Calculated using the full available price history since Sep 27, 2018

0.40

The correlation between DRCU.TO and DCU.TO shifts across timeframes, from 0.40 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.

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Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF

Desjardins Canadian Universe Bond Index ETF

Return for Risk

DRCU.TO vs. DCU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DRCU.TO
DRCU.TO Risk / Return Rank: 2828
Overall Rank
DRCU.TO Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
DRCU.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
DRCU.TO Omega Ratio Rank: 2626
Omega Ratio Rank
DRCU.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
DRCU.TO Martin Ratio Rank: 3030
Martin Ratio Rank
DCU.TO
DCU.TO Risk / Return Rank: 3333
Overall Rank
DCU.TO Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
DCU.TO Sortino Ratio Rank: 3030
Sortino Ratio Rank
DCU.TO Omega Ratio Rank: 3535
Omega Ratio Rank
DCU.TO Calmar Ratio Rank: 3636
Calmar Ratio Rank
DCU.TO Martin Ratio Rank: 3232
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.

DRCU.TO vs. DCU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) and Desjardins Canadian Universe Bond Index ETF (DCU.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.

DRCU.TODCU.TODifference
Sharpe ratioReturn per unit of total volatility
0.84
1.03

-0.19

Sortino ratioReturn per unit of downside risk
1.19
1.40

-0.20

Omega ratioGain probability vs. loss probability

1.16

1.20

-0.04

Calmar ratioReturn relative to maximum drawdown

1.38

1.53

-0.15

Martin ratioReturn relative to average drawdown

3.52

3.78

-0.26

DRCU.TO vs. DCU.TO - Sharpe Ratio Comparison

The current DRCU.TO Sharpe Ratio is 0.84, which is comparable to the DCU.TO Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of DRCU.TO and DCU.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

DRCU.TO vs. DCU.TO - Drawdown Comparison

The maximum DRCU.TO drawdown since its inception was -18.29%, roughly equal to the maximum DCU.TO drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for DRCU.TO and DCU.TO.

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Drawdown Indicators

DRCU.TODCU.TODifference

Max Drawdown

Largest peak-to-trough decline

-18.29%

-17.81%

-0.48%

Max Drawdown (1Y)

Largest decline over 1 year

-2.61%

-2.76%

+0.15%

Max Drawdown (3Y)

Largest decline over 3 years

-4.71%

-4.43%

-0.28%

Max Drawdown (5Y)

Largest decline over 5 years

-16.14%

-15.40%

-0.74%

Current Drawdown

Current decline from peak

-1.22%

-1.90%

+0.68%

Average Drawdown

Average peak-to-trough decline

-5.78%

-5.21%

-0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.02%

1.11%

-0.09%

Volatility

DRCU.TO vs. DCU.TO - Volatility Comparison

Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) and Desjardins Canadian Universe Bond Index ETF (DCU.TO) have volatilities of 1.03% and 1.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DRCU.TODCU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.03%

1.06%

-0.03%

Volatility (6M)

Calculated over the trailing 6-month period

3.19%

3.29%

-0.10%

Volatility (1Y)

Calculated over the trailing 1-year period

4.33%

4.12%

+0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.51%

6.25%

+1.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.72%

6.29%

+1.43%

Dividends

DRCU.TO vs. DCU.TO - Dividend Comparison

DRCU.TO's dividend yield for the trailing twelve months is around 3.43%, more than DCU.TO's 3.17% yield.

PositionTTM202520242023202220212020201920182017
DCU.TO
Desjardins Canadian Universe Bond Index ETF		3.17%3.07%2.92%2.58%3.49%3.00%2.82%2.79%2.90%2.12%
DRCU.TO
Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF		3.43%3.43%3.27%2.62%3.34%2.87%2.69%2.67%0.71%0.00%

Frequently Asked Questions

DRCU.TO and DCU.TO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DRCU.TO is categorized as Sustainable, while DCU.TO is Total Bond Market.

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