DRFD.TO vs. VIDY.TO

Last updated Jul 16, 2026

DRFD.TO (Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF) and VIDY.TO (Vanguard FTSE Developed ex North America High Dividend Yield Index ETF) are both Foreign Large Cap Equities funds. DRFD.TO is actively managed, while VIDY.TO is passively managed. Over the past 5 years, DRFD.TO returned 11.86%/yr vs 16.23%/yr for VIDY.TO. At a 0.26 correlation, their price movements are largely independent.

Performance

DRFD.TO vs. VIDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRFD.TO achieves a 12.55% return, which is significantly lower than VIDY.TO's 16.63% return.

DRFD.TO

• 1D: 1.07%
• 1M: 2.79%
• 6M: 9.84%
• YTD: 12.55%
• 1Y: 26.87%
• 3Y*: 21.85%
• 5Y*: 11.86%
• 10Y*: —

VIDY.TO

• 1D: 0.51%
• 1M: 2.74%
• 6M: 12.31%
• YTD: 16.63%
• 1Y: 34.42%
• 3Y*: 23.44%
• 5Y*: 16.23%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRFD.TO vs. VIDY.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DRFD.TO Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF	12.55%	30.23%	16.52%	12.80%	-10.88%	9.94%	2.12%	16.03%	-8.74%
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF	16.63%	35.07%	11.97%	15.46%	1.57%	14.26%	-2.63%	12.64%	-6.74%

Correlation

The correlation between DRFD.TO and VIDY.TO is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (All Time) Calculated using the full available price history since Sep 24, 2018	0.26

Over the past year, DRFD.TO and VIDY.TO have become more correlated (0.61) than their long-term average of 0.26, meaning their price movements have been converging.

Return for Risk

DRFD.TO vs. VIDY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DRFD.TO

DRFD.TO Risk / Return Rank: 69
DRFD.TO Sharpe Ratio Rank: 73
DRFD.TO Sortino Ratio Rank: 76
DRFD.TO Omega Ratio Rank: 79
DRFD.TO Calmar Ratio Rank: 55
DRFD.TO Martin Ratio Rank: 62

VIDY.TO

VIDY.TO Risk / Return Rank: 88
VIDY.TO Sharpe Ratio Rank: 93
VIDY.TO Sortino Ratio Rank: 92
VIDY.TO Omega Ratio Rank: 92
VIDY.TO Calmar Ratio Rank: 79
VIDY.TO Martin Ratio Rank: 82

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.

DRFD.TO vs. VIDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.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.

	DRFD.TO	VIDY.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.61	-0.73
Sortino ratio: Return per unit of downside risk	2.74	3.60	-0.86
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.11
Calmar ratio: Return relative to maximum drawdown	2.28	3.30	-1.02
Martin ratio: Return relative to average drawdown	8.89	12.73	-3.84

DRFD.TO vs. VIDY.TO - Sharpe Ratio Comparison

The current DRFD.TO Sharpe Ratio is 1.88, which is comparable to the VIDY.TO Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of DRFD.TO and VIDY.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.

Drawdowns

DRFD.TO vs. VIDY.TO - Drawdown Comparison

The maximum DRFD.TO drawdown since its inception was -25.18%, smaller than the maximum VIDY.TO drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for DRFD.TO and VIDY.TO.

Drawdown Indicators

	DRFD.TO	VIDY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-25.18%	-31.99%	+6.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-10.48%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-13.78%	-13.89%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	-22.31%	-19.01%	-3.30%
Current Drawdown Current decline from peak	-1.66%	-0.19%	-1.47%
Average Drawdown Average peak-to-trough decline	-5.26%	-4.22%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	2.71%	+0.32%

Volatility

DRFD.TO vs. VIDY.TO - Volatility Comparison

Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD.TO) has a higher volatility of 3.49% compared to Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO) at 2.59%. This indicates that DRFD.TO's price experiences larger fluctuations and is considered to be riskier than VIDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRFD.TO	VIDY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	2.59%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	11.04%	+1.35%
Volatility (1Y) Calculated over the trailing 1-year period	14.42%	13.33%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	13.52%	-0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.67%	16.39%	-2.72%

Dividends

DRFD.TO vs. VIDY.TO - Dividend Comparison

DRFD.TO's dividend yield for the trailing twelve months is around 2.36%, less than VIDY.TO's 2.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRFD.TO Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF	2.36%	2.68%	2.55%	2.17%	2.74%	2.38%	2.55%	2.34%	0.72%
VIDY.TO Vanguard FTSE Developed ex North America High Dividend Yield Index ETF	2.89%	2.80%	3.64%	3.91%	4.39%	3.30%	3.36%	3.37%	0.02%

Frequently Asked Questions

Can I hold both DRFD.TO and VIDY.TO in my portfolio?

DRFD.TO and VIDY.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between DRFD.TO and VIDY.TO?

They also come from different issuers: Desjardins and Vanguard.