DXF.TO vs. DXG.TO

Last updated Jul 16, 2026

DXF.TO (Dynamic Active Global Financial Services ETF) and DXG.TO (Dynamic Active Global Dividend ETF) are both exchange-traded funds - DXF.TO is a Financials Equities fund actively managed by Dynamic, while DXG.TO is a Global Equity Income fund actively managed by Dynamic. Both are actively managed. Over the past 5 years, DXF.TO returned 9.90%/yr vs 15.64%/yr for DXG.TO. At a 0.26 correlation, their price movements are largely independent.

Performance

DXF.TO vs. DXG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Global Financial Services ETF (DXF.TO) and Dynamic Active Global Dividend ETF (DXG.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXF.TO achieves a 3.02% return, which is significantly lower than DXG.TO's 19.78% return.

DXF.TO

• 1D: 0.11%
• 1M: 5.32%
• 6M: 2.37%
• YTD: 3.02%
• 1Y: 6.55%
• 3Y*: 22.24%
• 5Y*: 9.90%
• 10Y*: —

DXG.TO

• 1D: -1.01%
• 1M: -3.57%
• 6M: 15.35%
• YTD: 19.78%
• 1Y: 25.99%
• 3Y*: 31.35%
• 5Y*: 15.64%
• 10Y*: —

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

DXF.TO vs. DXG.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXF.TO Dynamic Active Global Financial Services ETF	3.02%	17.12%	36.17%	18.06%	-19.33%	23.02%	9.67%	42.59%	-8.42%	5.02%
DXG.TO Dynamic Active Global Dividend ETF	19.78%	13.33%	55.25%	10.41%	-16.50%	10.24%	35.26%	24.34%	14.67%	4.60%

Correlation

The correlation between DXF.TO and DXG.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 11, 2017	0.26

The correlation between DXF.TO and DXG.TO shifts across timeframes, from 0.18 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DXF.TO vs. DXG.TO — Risk / Return Rank

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

DXF.TO

DXF.TO Risk / Return Rank: 16
DXF.TO Sharpe Ratio Rank: 17
DXF.TO Sortino Ratio Rank: 16
DXF.TO Omega Ratio Rank: 16
DXF.TO Calmar Ratio Rank: 15
DXF.TO Martin Ratio Rank: 15

DXG.TO

DXG.TO Risk / Return Rank: 45
DXG.TO Sharpe Ratio Rank: 40
DXG.TO Sortino Ratio Rank: 38
DXG.TO Omega Ratio Rank: 37
DXG.TO Calmar Ratio Rank: 54
DXG.TO Martin Ratio Rank: 55

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.

DXF.TO vs. DXG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Global Financial Services ETF (DXF.TO) and Dynamic Active Global Dividend ETF (DXG.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.

	DXF.TO	DXG.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.44	1.20	-0.76
Sortino ratio: Return per unit of downside risk	0.73	1.69	-0.97
Omega ratio: Gain probability vs. loss probability	1.09	1.21	-0.13
Calmar ratio: Return relative to maximum drawdown	0.38	2.21	-1.84
Martin ratio: Return relative to average drawdown	0.94	7.78	-6.84

DXF.TO vs. DXG.TO - Sharpe Ratio Comparison

The current DXF.TO Sharpe Ratio is 0.44, which is lower than the DXG.TO Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of DXF.TO and DXG.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

DXF.TO vs. DXG.TO - Drawdown Comparison

The maximum DXF.TO drawdown since its inception was -35.27%, which is greater than DXG.TO's maximum drawdown of -26.03%. Use the drawdown chart below to compare losses from any high point for DXF.TO and DXG.TO.

Drawdown Indicators

	DXF.TO	DXG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-35.27%	-26.03%	-9.24%
Max Drawdown (1Y) Largest decline over 1 year	-14.42%	-11.81%	-2.61%
Max Drawdown (3Y) Largest decline over 3 years	-14.42%	-22.90%	+8.48%
Max Drawdown (5Y) Largest decline over 5 years	-29.06%	-26.03%	-3.03%
Current Drawdown Current decline from peak	-0.05%	-6.49%	+6.44%
Average Drawdown Average peak-to-trough decline	-7.67%	-6.18%	-1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	3.35%	+2.41%

Volatility

DXF.TO vs. DXG.TO - Volatility Comparison

The current volatility for Dynamic Active Global Financial Services ETF (DXF.TO) is 4.98%, while Dynamic Active Global Dividend ETF (DXG.TO) has a volatility of 7.65%. This indicates that DXF.TO experiences smaller price fluctuations and is considered to be less risky than DXG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXF.TO	DXG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	7.65%	-2.67%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	18.75%	-8.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.17%	21.71%	-9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	19.52%	-2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.35%	19.50%	+2.85%

Dividends

DXF.TO vs. DXG.TO - Dividend Comparison

DXF.TO's dividend yield for the trailing twelve months is around 1.10%, while DXG.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXF.TO Dynamic Active Global Financial Services ETF	1.10%	1.13%	1.18%	2.14%	1.95%	1.07%	1.30%	1.40%	2.08%	0.00%
DXG.TO Dynamic Active Global Dividend ETF	0.00%	0.00%	12.23%	0.50%	0.17%	0.02%	0.00%	0.00%	0.00%	0.06%

Frequently Asked Questions

Can I hold both DXF.TO and DXG.TO in my portfolio?

DXF.TO and DXG.TO have a correlation of 0.18, 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 DXF.TO and DXG.TO?

DXF.TO is categorized as Financials Equities, while DXG.TO is Global Equity Income.