DRFU.TO vs. TULV.TO
DRFU.TO (Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF) and TULV.TO (TD Q U.S. Low Volatility ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 5 years, DRFU.TO returned 14.84%/yr vs 8.33%/yr for TULV.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
DRFU.TO vs. TULV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DRFU.TO achieves a 15.27% return, which is significantly higher than TULV.TO's 5.36% return.
DRFU.TO
- 1D
- 0.00%
- 1M
- 1.19%
- 6M
- 14.40%
- YTD
- 15.27%
- 1Y
- 28.90%
- 3Y*
- 24.00%
- 5Y*
- 14.84%
- 10Y*
- —
TULV.TO
- 1D
- -0.42%
- 1M
- 0.73%
- 6M
- 2.53%
- YTD
- 5.36%
- 1Y
- 11.17%
- 3Y*
- 10.87%
- 5Y*
- 8.33%
- 10Y*
- —
DRFU.TO vs. TULV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 15.27% | 12.18% | 37.32% | 5.44% | -9.19% | 29.41% | 18.59% |
TULV.TO TD Q U.S. Low Volatility ETF | 5.36% | 3.62% | 23.74% | -3.31% | 2.02% | 23.84% | 1.09% |
Correlation
The correlation between DRFU.TO and TULV.TO is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020 | 0.07 |
The correlation between DRFU.TO and TULV.TO shifts across timeframes, from -0.06 (1 year) to 0.08 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DRFU.TO vs. TULV.TO — Risk / Return Rank
DRFU.TO
TULV.TO
DRFU.TO vs. TULV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) and TD Q U.S. Low Volatility ETF (TULV.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.
| DRFU.TO | TULV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.18 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 4.25 | 1.71 | +2.54 |
| Martin ratioReturn relative to average drawdown | 15.34 | 3.83 | +11.51 |
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Drawdowns
DRFU.TO vs. TULV.TO - Drawdown Comparison
The maximum DRFU.TO drawdown since its inception was -19.89%, which is greater than TULV.TO's maximum drawdown of -11.78%. Use the drawdown chart below to compare losses from any high point for DRFU.TO and TULV.TO.
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Drawdown Indicators
| DRFU.TO | TULV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.89% | -11.78% | -8.11% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -6.56% | -0.33% |
Max Drawdown (3Y)Largest decline over 3 years | -19.89% | -11.39% | -8.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.89% | -11.78% | -8.11% |
Current DrawdownCurrent decline from peak | 0.00% | -2.78% | +2.78% |
Average DrawdownAverage peak-to-trough decline | -4.92% | -3.59% | -1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.92% | -1.02% |
Volatility
DRFU.TO vs. TULV.TO - Volatility Comparison
The current volatility for Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) is 2.67%, while TD Q U.S. Low Volatility ETF (TULV.TO) has a volatility of 4.54%. This indicates that DRFU.TO experiences smaller price fluctuations and is considered to be less risky than TULV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRFU.TO | TULV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.67% | 4.54% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 11.39% | 9.09% | +2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.99% | 11.24% | +2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 12.00% | +4.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.49% | 11.74% | +4.75% |
Dividends
DRFU.TO vs. TULV.TO - Dividend Comparison
DRFU.TO's dividend yield for the trailing twelve months is around 1.01%, less than TULV.TO's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 1.01% | 0.76% | 0.60% | 0.80% | 1.05% | 1.08% | 1.38% | 1.37% | 0.41% |
TULV.TO TD Q U.S. Low Volatility ETF | 1.76% | 1.80% | 1.48% | 1.96% | 1.57% | 1.37% | 0.83% | 0.00% | 0.00% |
Frequently Asked Questions
DRFU.TO and TULV.TO have a correlation of -0.06, 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 TD.
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