PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DRMU.TO vs. XMS.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DRMU.TO vs. XMS.TO

Last updated Jul 16, 2026
Documentation

DRMU.TO (Desjardins RI USA Net-Zero Emissions Pathway ETF) and XMS.TO (iShares MSCI Min Vol USA Index ETF (CAD-Hedged)) are both Large Cap Blend Equities funds. DRMU.TO is actively managed, while XMS.TO is passively managed. Over the past 5 years, DRMU.TO returned 14.19%/yr vs 4.70%/yr for XMS.TO. At a 0.31 correlation, their price movements are largely independent.

Performance

DRMU.TO vs. XMS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Desjardins RI USA Net-Zero Emissions Pathway ETF (DRMU.TO) and iShares MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DRMU.TO achieves a 12.75% return, which is significantly higher than XMS.TO's 2.38% return.

DRMU.TO

1D
0.02%
1M
0.63%
6M
10.65%
YTD
12.75%
1Y
23.94%
3Y*
21.52%
5Y*
14.19%
10Y*
—

XMS.TO

1D
0.44%
1M
1.93%
6M
2.91%
YTD
2.38%
1Y
2.59%
3Y*
8.27%
5Y*
4.70%
10Y*
7.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DRMU.TO vs. XMS.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DRMU.TO
Desjardins RI USA Net-Zero Emissions Pathway ETF		12.75%11.60%34.78%24.94%-16.67%26.25%20.57%24.54%-8.47%
XMS.TO
iShares MSCI Min Vol USA Index ETF (CAD-Hedged)		2.38%3.74%14.27%7.88%-11.12%21.05%1.86%25.99%-8.83%

Correlation

The correlation between DRMU.TO and XMS.TO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.35

Correlation (5Y)
Calculated over the trailing 5-year period

0.36

Correlation (All Time)
Calculated using the full available price history since Sep 24, 2018

0.31

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Desjardins RI USA Net-Zero Emissions Pathway ETF

iShares MSCI Min Vol USA Index ETF (CAD-Hedged)

Often compared with XMS.TO:
XMS.TO vs. XMU.TOXMS.TO vs. VFV.TOXMS.TO vs. XDU.TOXMS.TO vs. VSP.TOXMS.TO vs. XUS.TOXMS.TO vs. SPYXMS.TO vs. ZSP.TO

Return for Risk

DRMU.TO vs. XMS.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DRMU.TO
DRMU.TO Risk / Return Rank: 7070
Overall Rank
DRMU.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
DRMU.TO Sortino Ratio Rank: 7474
Sortino Ratio Rank
DRMU.TO Omega Ratio Rank: 7676
Omega Ratio Rank
DRMU.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
DRMU.TO Martin Ratio Rank: 6565
Martin Ratio Rank
XMS.TO
XMS.TO Risk / Return Rank: 1212
Overall Rank
XMS.TO Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
XMS.TO Sortino Ratio Rank: 1111
Sortino Ratio Rank
XMS.TO Omega Ratio Rank: 1111
Omega Ratio Rank
XMS.TO Calmar Ratio Rank: 1313
Calmar Ratio Rank
XMS.TO Martin Ratio Rank: 1313
Martin Ratio Rank
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.

DRMU.TO vs. XMS.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 MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS.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.TOXMS.TODifference
Sharpe ratioReturn per unit of total volatility
1.87
0.21

+1.66

Sortino ratioReturn per unit of downside risk
2.67
0.36

+2.31

Omega ratioGain probability vs. loss probability

1.36

1.05

+0.31

Calmar ratioReturn relative to maximum drawdown

2.62

0.26

+2.36

Martin ratioReturn relative to average drawdown

9.31

0.61

+8.70

DRMU.TO vs. XMS.TO - Sharpe Ratio Comparison

The current DRMU.TO Sharpe Ratio is 1.87, which is higher than the XMS.TO Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of DRMU.TO and XMS.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.

Loading charts...

Drawdowns

DRMU.TO vs. XMS.TO - Drawdown Comparison

The maximum DRMU.TO drawdown since its inception was -24.56%, smaller than the maximum XMS.TO drawdown of -36.87%. Use the drawdown chart below to compare losses from any high point for DRMU.TO and XMS.TO.

Loading charts...

Drawdown Indicators

DRMU.TOXMS.TODifference

Max Drawdown

Largest peak-to-trough decline

-24.56%

-36.87%

+12.31%

Max Drawdown (1Y)

Largest decline over 1 year

-9.17%

-8.32%

-0.85%

Max Drawdown (3Y)

Largest decline over 3 years

-19.69%

-9.80%

-9.89%

Max Drawdown (5Y)

Largest decline over 5 years

-24.56%

-19.06%

-5.50%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.87%

—

Current Drawdown

Current decline from peak

-1.96%

-2.06%

+0.10%

Average Drawdown

Average peak-to-trough decline

-4.62%

-4.44%

-0.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

3.57%

-0.99%

Volatility

DRMU.TO vs. XMS.TO - Volatility Comparison

Desjardins RI USA Net-Zero Emissions Pathway ETF (DRMU.TO) has a higher volatility of 4.06% compared to iShares MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS.TO) at 3.35%. This indicates that DRMU.TO's price experiences larger fluctuations and is considered to be riskier than XMS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DRMU.TOXMS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.06%

3.35%

+0.71%

Volatility (6M)

Calculated over the trailing 6-month period

10.24%

6.37%

+3.87%

Volatility (1Y)

Calculated over the trailing 1-year period

12.83%

10.25%

+2.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.21%

12.37%

+2.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.56%

15.23%

+0.33%

Dividends

DRMU.TO vs. XMS.TO - Dividend Comparison

DRMU.TO's dividend yield for the trailing twelve months is around 0.78%, less than XMS.TO's 1.19% yield.

PositionTTM2025202420232022202120202019201820172016
DRMU.TO
Desjardins RI USA Net-Zero Emissions Pathway ETF		0.78%0.85%0.77%1.04%1.17%1.08%1.25%1.34%0.41%0.00%0.00%
XMS.TO
iShares MSCI Min Vol USA Index ETF (CAD-Hedged)		1.19%1.10%1.24%1.41%1.22%1.02%1.71%1.44%1.58%2.02%0.94%

Frequently Asked Questions

DRMU.TO and XMS.TO have a correlation of 0.28, 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.

Portfolio Optimizer

Find the right allocation for DRMU.TO and XMS.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