DRMU.TO vs. XHD.TO
DRMU.TO (Desjardins RI USA Net-Zero Emissions Pathway ETF) and XHD.TO (iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)) are both Large Cap Blend Equities funds. DRMU.TO is actively managed, while XHD.TO is passively managed. Over the past 5 years, DRMU.TO returned 13.92%/yr vs 6.78%/yr for XHD.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
DRMU.TO vs. XHD.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DRMU.TO achieves a 11.38% return, which is significantly lower than XHD.TO's 16.33% return.
DRMU.TO
- 1D
- -1.23%
- 1M
- 0.47%
- 6M
- 8.66%
- YTD
- 11.38%
- 1Y
- 21.26%
- 3Y*
- 20.49%
- 5Y*
- 13.92%
- 10Y*
- —
XHD.TO
- 1D
- -0.30%
- 1M
- 4.54%
- 6M
- 11.52%
- YTD
- 16.33%
- 1Y
- 7.15%
- 3Y*
- 8.69%
- 5Y*
- 6.78%
- 10Y*
- 5.65%
DRMU.TO vs. XHD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DRMU.TO Desjardins RI USA Net-Zero Emissions Pathway ETF | 11.38% | 11.60% | 34.78% | 24.94% | -16.67% | 26.25% | 20.57% | 24.54% | -8.47% |
XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | 16.33% | -1.36% | 9.56% | 0.00% | 4.27% | 17.97% | -9.44% | 18.01% | -8.19% |
Correlation
The correlation between DRMU.TO and XHD.TO is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2018 | 0.22 |
Over the past year, the correlation between DRMU.TO and XHD.TO has dropped to 0.01 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.
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Return for Risk
DRMU.TO vs. XHD.TO — Risk / Return Rank
DRMU.TO
XHD.TO
DRMU.TO vs. XHD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Desjardins RI USA Net-Zero Emissions Pathway ETF (DRMU.TO) and iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.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.
| DRMU.TO | XHD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.11 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 0.64 | +1.69 |
| Martin ratioReturn relative to average drawdown | 8.24 | 2.22 | +6.02 |
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Drawdowns
DRMU.TO vs. XHD.TO - Drawdown Comparison
The maximum DRMU.TO drawdown since its inception was -24.56%, smaller than the maximum XHD.TO drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for DRMU.TO and XHD.TO.
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Drawdown Indicators
| DRMU.TO | XHD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.56% | -38.71% | +14.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -11.29% | +2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -19.69% | -12.74% | -6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -24.56% | -16.37% | -8.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.71% | — |
Current DrawdownCurrent decline from peak | -3.15% | -0.30% | -2.85% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -3.94% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 3.23% | -0.64% |
Volatility
DRMU.TO vs. XHD.TO - Volatility Comparison
The current volatility for Desjardins RI USA Net-Zero Emissions Pathway ETF (DRMU.TO) is 4.16%, while iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO) has a volatility of 4.77%. This indicates that DRMU.TO experiences smaller price fluctuations and is considered to be less risky than XHD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRMU.TO | XHD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 4.77% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 8.63% | +1.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.89% | 16.39% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 14.69% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 16.42% | -0.86% |
Dividends
DRMU.TO vs. XHD.TO - Dividend Comparison
DRMU.TO's dividend yield for the trailing twelve months is around 0.79%, less than XHD.TO's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRMU.TO Desjardins RI USA Net-Zero Emissions Pathway ETF | 0.79% | 0.85% | 0.77% | 1.04% | 1.17% | 1.08% | 1.25% | 1.34% | 0.41% | 0.00% | 0.00% | 0.00% |
XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | 2.35% | 2.74% | 3.06% | 3.16% | 2.75% | 2.87% | 3.51% | 2.51% | 2.87% | 2.41% | 2.54% | 3.07% |
Frequently Asked Questions
DRMU.TO and XHD.TO have a correlation of 0.01, 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 iShares.
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