DXMO.TO vs. PMIF-U.TO

Last updated Jun 4, 2026

DXMO.TO (Dynamic Active Mining Opportunities ETF) and PMIF-U.TO (PIMCO Monthly Income Fund (Canada)) are both exchange-traded funds - DXMO.TO is a Materials fund actively managed by Dynamic, while PMIF-U.TO is a Multisector Bonds fund actively managed by PIMCO. Both are actively managed. Over the past year, DXMO.TO returned 68.74% vs 8.30% for PMIF-U.TO. At a correlation of -0.15, they often move in opposite directions. DXMO.TO charges 0.74%/yr vs 0.84%/yr for PMIF-U.TO.

Performance

DXMO.TO vs. PMIF-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Mining Opportunities ETF (DXMO.TO) and PIMCO Monthly Income Fund (Canada) (PMIF-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DXMO.TO is traded in CAD, while PMIF-U.TO is traded in USD. To make them comparable, the PMIF-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DXMO.TO achieves a 11.64% return, which is significantly higher than PMIF-U.TO's 1.73% return.

DXMO.TO

• 1D: -2.82%
• 1M: 7.64%
• YTD: 11.64%
• 6M: 21.16%
• 1Y: 68.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PMIF-U.TO

• 1D: 0.11%
• 1M: 2.56%
• YTD: 1.73%
• 6M: 0.10%
• 1Y: 8.30%
• 3Y*: 7.40%
• 5Y*: 5.53%
• 10Y*: —

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

DXMO.TO vs. PMIF-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXMO.TO Dynamic Active Mining Opportunities ETF	11.64%	88.43%	-9.23%
PMIF-U.TO PIMCO Monthly Income Fund (Canada)	1.73%	4.02%	8.61%

Correlation

The correlation between DXMO.TO and PMIF-U.TO is -0.07, 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	-0.07
Correlation (All Time) Calculated using the full available price history since Jul 5, 2024	-0.15

Return for Risk

DXMO.TO vs. PMIF-U.TO — Risk / Return Rank

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

DXMO.TO

DXMO.TO Risk / Return Rank: 52
DXMO.TO Sharpe Ratio Rank: 56
DXMO.TO Sortino Ratio Rank: 48
DXMO.TO Omega Ratio Rank: 52
DXMO.TO Calmar Ratio Rank: 54
DXMO.TO Martin Ratio Rank: 49

PMIF-U.TO

PMIF-U.TO Risk / Return Rank: 57
PMIF-U.TO Sharpe Ratio Rank: 62
PMIF-U.TO Sortino Ratio Rank: 66
PMIF-U.TO Omega Ratio Rank: 64
PMIF-U.TO Calmar Ratio Rank: 44
PMIF-U.TO Martin Ratio Rank: 51

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.

DXMO.TO vs. PMIF-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Mining Opportunities ETF (DXMO.TO) and PIMCO Monthly Income Fund (Canada) (PMIF-U.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.

	DXMO.TO	PMIF-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.61	+0.30
Sortino ratio: Return per unit of downside risk	2.36	2.43	-0.07
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	2.65	2.33	+0.31
Martin ratio: Return relative to average drawdown	8.17	5.36	+2.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXMO.TO vs. PMIF-U.TO - Sharpe Ratio Comparison

The current DXMO.TO Sharpe Ratio is 1.92, which is comparable to the PMIF-U.TO Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of DXMO.TO and PMIF-U.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.

Sharpe Ratios by Period

	DXMO.TO	PMIF-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.61	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	0.59	+0.59

Drawdowns

DXMO.TO vs. PMIF-U.TO - Drawdown Comparison

The maximum DXMO.TO drawdown since its inception was -26.12%, which is greater than PMIF-U.TO's maximum drawdown of -12.80%. Use the drawdown chart below to compare losses from any high point for DXMO.TO and PMIF-U.TO.

Drawdown Indicators

	DXMO.TO	PMIF-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-26.12%	-12.80%	-13.32%
Max Drawdown (1Y) Largest decline over 1 year	-26.12%	-3.57%	-22.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.75%	—
Current Drawdown Current decline from peak	-9.81%	-0.78%	-9.03%
Average Drawdown Average peak-to-trough decline	-5.77%	-2.69%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.44%	1.55%	+6.89%

Volatility

DXMO.TO vs. PMIF-U.TO - Volatility Comparison

Dynamic Active Mining Opportunities ETF (DXMO.TO) has a higher volatility of 13.29% compared to PIMCO Monthly Income Fund (Canada) (PMIF-U.TO) at 1.41%. This indicates that DXMO.TO's price experiences larger fluctuations and is considered to be riskier than PMIF-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXMO.TO	PMIF-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.29%	1.41%	+11.88%
Volatility (6M) Calculated over the trailing 6-month period	29.44%	3.83%	+25.61%
Volatility (1Y) Calculated over the trailing 1-year period	36.05%	5.17%	+30.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.42%	7.65%	+26.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.42%	8.92%	+25.50%

DXMO.TO vs. PMIF-U.TO - Expense Ratio Comparison

DXMO.TO has a 0.74% expense ratio, which is lower than PMIF-U.TO's 0.84% expense ratio.

Dividends

DXMO.TO vs. PMIF-U.TO - Dividend Comparison

DXMO.TO's dividend yield for the trailing twelve months is around 0.16%, less than PMIF-U.TO's 3.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DXMO.TO Dynamic Active Mining Opportunities ETF	0.16%	0.18%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PMIF-U.TO PIMCO Monthly Income Fund (Canada)	3.94%	3.96%	4.91%	4.53%	2.82%	2.40%	2.68%	2.38%	0.59%

Frequently Asked Questions

Can I hold both DXMO.TO and PMIF-U.TO in my portfolio?

DXMO.TO and PMIF-U.TO have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXMO.TO or PMIF-U.TO?

On fees, DXMO.TO is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXMO.TO or PMIF-U.TO?

DXMO.TO is cheaper with a 0.74% expense ratio, compared with 0.84% for PMIF-U.TO.

What is the main difference between DXMO.TO and PMIF-U.TO?

DXMO.TO is categorized as Materials, while PMIF-U.TO is Multisector Bonds. They also come from different issuers: Dynamic and PIMCO. Their fees differ too: 0.74% for DXMO.TO and 0.84% for PMIF-U.TO.