DRCU.TO vs. NSCE.TO
DRCU.TO (Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF) and NSCE.TO (NBI Sustainable Canadian Equity ETF) are both Sustainable funds. Both are actively managed. Over the past 5 years, DRCU.TO returned 0.58%/yr vs 11.12%/yr for NSCE.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
DRCU.TO vs. NSCE.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DRCU.TO achieves a 0.39% return, which is significantly lower than NSCE.TO's 9.91% 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*
- —
NSCE.TO
- 1D
- 0.46%
- 1M
- 3.11%
- 6M
- 10.32%
- YTD
- 9.91%
- 1Y
- 4.34%
- 3Y*
- 13.96%
- 5Y*
- 11.12%
- 10Y*
- —
DRCU.TO vs. NSCE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DRCU.TO Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF | 0.39% | 3.11% | 5.29% | 6.29% | -11.24% | -3.01% | 4.27% |
NSCE.TO NBI Sustainable Canadian Equity ETF | 9.91% | 7.84% | 20.43% | 12.78% | -0.27% | 20.35% | 10.51% |
Correlation
The correlation between DRCU.TO and NSCE.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2020 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DRCU.TO vs. NSCE.TO — Risk / Return Rank
DRCU.TO
NSCE.TO
DRCU.TO vs. NSCE.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 NBI Sustainable Canadian Equity ETF (NSCE.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.TO | NSCE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.08 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 0.46 | +0.92 |
| Martin ratioReturn relative to average drawdown | 3.52 | 1.01 | +2.51 |
Loading charts...
Drawdowns
DRCU.TO vs. NSCE.TO - Drawdown Comparison
The maximum DRCU.TO drawdown since its inception was -18.29%, roughly equal to the maximum NSCE.TO drawdown of -19.18%. Use the drawdown chart below to compare losses from any high point for DRCU.TO and NSCE.TO.
Loading charts...
Drawdown Indicators
| DRCU.TO | NSCE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.29% | -19.18% | +0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -9.52% | +6.91% |
Max Drawdown (3Y)Largest decline over 3 years | -4.71% | -9.52% | +4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -16.14% | -12.02% | -4.12% |
Current DrawdownCurrent decline from peak | -1.22% | -0.02% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -5.78% | -2.52% | -3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 4.30% | -3.28% |
Volatility
DRCU.TO vs. NSCE.TO - Volatility Comparison
The current volatility for Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) is 1.03%, while NBI Sustainable Canadian Equity ETF (NSCE.TO) has a volatility of 2.02%. This indicates that DRCU.TO experiences smaller price fluctuations and is considered to be less risky than NSCE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DRCU.TO | NSCE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 2.02% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 8.17% | -4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.33% | 10.99% | -6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.51% | 12.90% | -5.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.72% | 14.87% | -7.15% |
Dividends
DRCU.TO vs. NSCE.TO - Dividend Comparison
DRCU.TO's dividend yield for the trailing twelve months is around 3.43%, more than NSCE.TO's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
NSCE.TO NBI Sustainable Canadian Equity ETF | 0.93% | 0.89% | 1.00% | 1.14% | 0.90% | 1.06% | 0.69% | 0.00% | 0.00% |
Frequently Asked Questions
DRCU.TO and NSCE.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Desjardins and National Bank Investments.
Find the right allocation for DRCU.TO and NSCE.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer