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DXG.TO vs. ETP.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DXG.TO vs. ETP.TO

Last updated Jul 16, 2026
Documentation

DXG.TO (Dynamic Active Global Dividend ETF) and ETP.TO (First Trust Global Risk Managed Income Index ETF) are both Global Equity Income funds. DXG.TO is actively managed, while ETP.TO is passively managed. Over the past 5 years, DXG.TO returned 15.64%/yr vs 3.80%/yr for ETP.TO. At a 0.14 correlation, their price movements are largely independent.

Performance

DXG.TO vs. ETP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Global Dividend ETF (DXG.TO) and First Trust Global Risk Managed Income Index ETF (ETP.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DXG.TO achieves a 19.78% return, which is significantly higher than ETP.TO's 5.10% return.

DXG.TO

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

ETP.TO

1D
0.05%
1M
0.74%
6M
4.76%
YTD
5.10%
1Y
10.42%
3Y*
9.87%
5Y*
3.80%
10Y*
3.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
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%17.26%
ETP.TO
First Trust Global Risk Managed Income Index ETF		5.10%9.03%11.18%5.68%-10.84%6.08%-0.95%11.41%-4.09%4.14%

Correlation

The correlation between DXG.TO and ETP.TO is -0.02, 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

-0.02

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

0.08

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

0.12

Correlation (All Time)
Calculated using the full available price history since Jan 25, 2017

0.14

The correlation between DXG.TO and ETP.TO shifts across timeframes, from -0.02 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

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Dynamic Active Global Dividend ETF

First Trust Global Risk Managed Income Index ETF

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DXG.TO
DXG.TO Risk / Return Rank: 4545
Overall Rank
DXG.TO Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
DXG.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
DXG.TO Omega Ratio Rank: 3737
Omega Ratio Rank
DXG.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
DXG.TO Martin Ratio Rank: 5555
Martin Ratio Rank
ETP.TO
ETP.TO Risk / Return Rank: 9292
Overall Rank
ETP.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
ETP.TO Sortino Ratio Rank: 9595
Sortino Ratio Rank
ETP.TO Omega Ratio Rank: 9595
Omega Ratio Rank
ETP.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
ETP.TO Martin Ratio Rank: 9090
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.

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

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Global Dividend ETF (DXG.TO) and First Trust Global Risk Managed Income Index ETF (ETP.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.

DXG.TOETP.TODifference
Sharpe ratioReturn per unit of total volatility
1.20
2.90

-1.70

Sortino ratioReturn per unit of downside risk
1.69
4.28

-2.59

Omega ratioGain probability vs. loss probability

1.21

1.58

-0.37

Calmar ratioReturn relative to maximum drawdown

2.21

3.90

-1.69

Martin ratioReturn relative to average drawdown

7.78

16.53

-8.75

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

The current DXG.TO Sharpe Ratio is 1.20, which is lower than the ETP.TO Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of DXG.TO and ETP.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.

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Drawdowns

DXG.TO vs. ETP.TO - Drawdown Comparison

The maximum DXG.TO drawdown since its inception was -26.03%, roughly equal to the maximum ETP.TO drawdown of -26.38%. Use the drawdown chart below to compare losses from any high point for DXG.TO and ETP.TO.

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Drawdown Indicators

DXG.TOETP.TODifference

Max Drawdown

Largest peak-to-trough decline

-26.03%

-26.38%

+0.35%

Max Drawdown (1Y)

Largest decline over 1 year

-11.81%

-2.81%

-9.00%

Max Drawdown (3Y)

Largest decline over 3 years

-22.90%

-5.73%

-17.17%

Max Drawdown (5Y)

Largest decline over 5 years

-26.03%

-15.30%

-10.73%

Max Drawdown (10Y)

Largest decline over 10 years

—

-26.38%

—

Current Drawdown

Current decline from peak

-6.49%

0.00%

-6.49%

Average Drawdown

Average peak-to-trough decline

-6.18%

-3.26%

-2.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.35%

0.66%

+2.69%

Volatility

DXG.TO vs. ETP.TO - Volatility Comparison

Dynamic Active Global Dividend ETF (DXG.TO) has a higher volatility of 7.65% compared to First Trust Global Risk Managed Income Index ETF (ETP.TO) at 0.70%. This indicates that DXG.TO's price experiences larger fluctuations and is considered to be riskier than ETP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DXG.TOETP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.65%

0.70%

+6.95%

Volatility (6M)

Calculated over the trailing 6-month period

18.75%

2.90%

+15.85%

Volatility (1Y)

Calculated over the trailing 1-year period

21.71%

3.78%

+17.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.52%

5.86%

+13.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.50%

7.13%

+12.37%

Dividends

DXG.TO vs. ETP.TO - Dividend Comparison

DXG.TO has not paid dividends to shareholders, while ETP.TO's dividend yield for the trailing twelve months is around 3.62%.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%0.00%
ETP.TO
First Trust Global Risk Managed Income Index ETF		3.62%4.03%3.73%4.15%3.25%2.93%3.78%3.76%4.33%4.08%3.84%4.28%

Frequently Asked Questions

DXG.TO and ETP.TO have a correlation of -0.02, 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: Dynamic and First Trust.

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