DXG.TO vs. HAZ.TO
DXG.TO (Dynamic Active Global Dividend ETF) and HAZ.TO (Global X Active Global Dividend ETF) are both Global Equity Income funds. Both are actively managed. Over the past 5 years, DXG.TO returned 15.64%/yr vs 13.70%/yr for HAZ.TO. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
DXG.TO vs. HAZ.TO - Performance Comparison
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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 HAZ.TO's 14.12% 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*
- —
HAZ.TO
- 1D
- -0.62%
- 1M
- 1.63%
- 6M
- 11.40%
- YTD
- 14.12%
- 1Y
- 21.46%
- 3Y*
- 18.36%
- 5Y*
- 13.70%
- 10Y*
- 11.13%
DXG.TO vs. HAZ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
HAZ.TO Global X Active Global Dividend ETF | 14.12% | 7.49% | 25.38% | 17.61% | -8.86% | 27.34% | 7.50% | 15.27% | -4.50% | 12.62% |
Correlation
The correlation between DXG.TO and HAZ.TO is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2017 | 0.64 |
The correlation between DXG.TO and HAZ.TO has been stable across timeframes, ranging from 0.64 to 0.66 - a consistent structural relationship.
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Return for Risk
DXG.TO vs. HAZ.TO — Risk / Return Rank
DXG.TO
HAZ.TO
DXG.TO vs. HAZ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Global Dividend ETF (DXG.TO) and Global X Active Global Dividend ETF (HAZ.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.TO | HAZ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 3.93 | -1.72 |
| Martin ratioReturn relative to average drawdown | 7.78 | 13.72 | -5.93 |
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Drawdowns
DXG.TO vs. HAZ.TO - Drawdown Comparison
The maximum DXG.TO drawdown since its inception was -26.03%, roughly equal to the maximum HAZ.TO drawdown of -25.55%. Use the drawdown chart below to compare losses from any high point for DXG.TO and HAZ.TO.
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Drawdown Indicators
| DXG.TO | HAZ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.03% | -25.55% | -0.48% |
Max Drawdown (1Y)Largest decline over 1 year | -11.81% | -5.48% | -6.33% |
Max Drawdown (3Y)Largest decline over 3 years | -22.90% | -14.09% | -8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -26.03% | -18.07% | -7.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.55% | — |
Current DrawdownCurrent decline from peak | -6.49% | -1.28% | -5.21% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -3.22% | -2.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 1.57% | +1.78% |
Volatility
DXG.TO vs. HAZ.TO - Volatility Comparison
Dynamic Active Global Dividend ETF (DXG.TO) has a higher volatility of 7.65% compared to Global X Active Global Dividend ETF (HAZ.TO) at 2.45%. This indicates that DXG.TO's price experiences larger fluctuations and is considered to be riskier than HAZ.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.TO | HAZ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | 2.45% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 18.75% | 7.82% | +10.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.71% | 10.29% | +11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 12.15% | +7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.50% | 14.28% | +5.22% |
Dividends
DXG.TO vs. HAZ.TO - Dividend Comparison
DXG.TO has not paid dividends to shareholders, while HAZ.TO's dividend yield for the trailing twelve months is around 1.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HAZ.TO Global X Active Global Dividend ETF | 1.26% | 1.48% | 0.96% | 1.78% | 3.40% | 1.71% | 1.93% | 2.27% | 2.31% | 2.20% | 2.40% | 2.51% |
Frequently Asked Questions
DXG.TO and HAZ.TO have a correlation of 0.64, 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 Global X.
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