DRFE.TO vs. DCBC.TO
DRFE.TO (Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF) and DCBC.TO (Desjardins Canadian Corporate Bond Index ETF) are both exchange-traded funds - DRFE.TO is a Emerging Markets Equities fund actively managed by Desjardins, while DCBC.TO is a Corporate Bonds fund tracking the Solactive Canadian Bond Universe Corporate TR Index. DRFE.TO is actively managed, while DCBC.TO is passively managed. Over the past year, DRFE.TO returned 26.63% vs 4.44% for DCBC.TO. At a 0.13 correlation, their price movements are largely independent.
Performance
DRFE.TO vs. DCBC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DRFE.TO achieves a 21.13% return, which is significantly higher than DCBC.TO's 1.55% return.
DRFE.TO
- 1D
- -0.72%
- 1M
- -5.64%
- 6M
- 13.96%
- YTD
- 21.13%
- 1Y
- 26.63%
- 3Y*
- 21.37%
- 5Y*
- 11.65%
- 10Y*
- —
DCBC.TO
- 1D
- 0.10%
- 1M
- -0.64%
- 6M
- 0.92%
- YTD
- 1.55%
- 1Y
- 4.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRFE.TO vs. DCBC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DRFE.TO Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF | 21.13% | 21.25% | 13.71% |
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 1.55% | 3.94% | 6.62% |
Correlation
The correlation between DRFE.TO and DCBC.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 (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.13 |
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Return for Risk
DRFE.TO vs. DCBC.TO — Risk / Return Rank
DRFE.TO
DCBC.TO
DRFE.TO vs. DCBC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE.TO) and Desjardins Canadian Corporate Bond Index ETF (DCBC.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.
| DRFE.TO | DCBC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 1.74 | +0.44 |
| Martin ratioReturn relative to average drawdown | 6.93 | 5.61 | +1.32 |
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Drawdowns
DRFE.TO vs. DCBC.TO - Drawdown Comparison
The maximum DRFE.TO drawdown since its inception was -25.26%, which is greater than DCBC.TO's maximum drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for DRFE.TO and DCBC.TO.
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Drawdown Indicators
| DRFE.TO | DCBC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.26% | -3.12% | -22.14% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -2.57% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | -14.27% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.05% | — | — |
Current DrawdownCurrent decline from peak | -8.52% | -0.80% | -7.72% |
Average DrawdownAverage peak-to-trough decline | -6.88% | -0.62% | -6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 0.79% | +3.06% |
Volatility
DRFE.TO vs. DCBC.TO - Volatility Comparison
Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE.TO) has a higher volatility of 9.86% compared to Desjardins Canadian Corporate Bond Index ETF (DCBC.TO) at 1.04%. This indicates that DRFE.TO's price experiences larger fluctuations and is considered to be riskier than DCBC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRFE.TO | DCBC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 1.04% | +8.82% |
Volatility (6M)Calculated over the trailing 6-month period | 19.33% | 2.76% | +16.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.00% | 3.58% | +17.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.59% | 4.26% | +12.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 4.26% | +12.96% |
Dividends
DRFE.TO vs. DCBC.TO - Dividend Comparison
DRFE.TO's dividend yield for the trailing twelve months is around 1.61%, less than DCBC.TO's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DCBC.TO Desjardins Canadian Corporate Bond Index ETF | 3.79% | 3.55% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DRFE.TO Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF | 1.61% | 2.10% | 2.60% | 3.04% | 3.00% | 2.49% | 2.45% | 2.05% |
Frequently Asked Questions
DRFE.TO and DCBC.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.
DRFE.TO is categorized as Emerging Markets Equities, while DCBC.TO is Corporate Bonds.
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