DXMO.TO vs. RGPM.NEO

Last updated Jun 4, 2026

DXMO.TO (Dynamic Active Mining Opportunities ETF) and RGPM.NEO (RBC Global Precious Metals Fund) are both exchange-traded funds - DXMO.TO is a Materials fund actively managed by Dynamic, while RGPM.NEO is a Precious Metals fund actively managed by RBC Global Asset Management.. Both are actively managed. Over the past year, DXMO.TO returned 68.74% vs 60.56% for RGPM.NEO. A 0.60 correlation means they provide meaningful diversification when combined. DXMO.TO charges 0.74%/yr vs 1.02%/yr for RGPM.NEO.

Performance

DXMO.TO vs. RGPM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Mining Opportunities ETF (DXMO.TO) and RBC Global Precious Metals Fund (RGPM.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXMO.TO achieves a 11.64% return, which is significantly higher than RGPM.NEO's 1.34% return.

DXMO.TO

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

RGPM.NEO

• 1D: -2.71%
• 1M: 0.98%
• YTD: 1.34%
• 6M: 8.72%
• 1Y: 60.56%
• 3Y*: 45.22%
• 5Y*: —
• 10Y*: —

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

DXMO.TO vs. RGPM.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXMO.TO Dynamic Active Mining Opportunities ETF	11.64%	88.43%	-9.23%
RGPM.NEO RBC Global Precious Metals Fund	1.34%	143.89%	7.89%

Correlation

The correlation between DXMO.TO and RGPM.NEO is 0.75, 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	0.75
Correlation (All Time) Calculated using the full available price history since Jul 5, 2024	0.60

The correlation between DXMO.TO and RGPM.NEO shifts across timeframes, from 0.60 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DXMO.TO vs. RGPM.NEO — 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

RGPM.NEO

RGPM.NEO Risk / Return Rank: 39
RGPM.NEO Sharpe Ratio Rank: 40
RGPM.NEO Sortino Ratio Rank: 34
RGPM.NEO Omega Ratio Rank: 42
RGPM.NEO Calmar Ratio Rank: 41
RGPM.NEO Martin Ratio Rank: 36

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. RGPM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Mining Opportunities ETF (DXMO.TO) and RBC Global Precious Metals Fund (RGPM.NEO). 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	RGPM.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.42	+0.50
Sortino ratio: Return per unit of downside risk	2.36	1.79	+0.56
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	2.65	2.07	+0.58
Martin ratio: Return relative to average drawdown	8.17	5.61	+2.56
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. RGPM.NEO - Sharpe Ratio Comparison

The current DXMO.TO Sharpe Ratio is 1.92, which is higher than the RGPM.NEO Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of DXMO.TO and RGPM.NEO, 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	RGPM.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.42	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	1.34	-0.17

Drawdowns

DXMO.TO vs. RGPM.NEO - Drawdown Comparison

The maximum DXMO.TO drawdown since its inception was -26.12%, smaller than the maximum RGPM.NEO drawdown of -29.46%. Use the drawdown chart below to compare losses from any high point for DXMO.TO and RGPM.NEO.

Drawdown Indicators

	DXMO.TO	RGPM.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-26.12%	-29.46%	+3.34%
Max Drawdown (1Y) Largest decline over 1 year	-26.12%	-29.46%	+3.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.46%	—
Current Drawdown Current decline from peak	-9.81%	-23.85%	+14.04%
Average Drawdown Average peak-to-trough decline	-5.77%	-8.38%	+2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.44%	10.82%	-2.38%

Volatility

DXMO.TO vs. RGPM.NEO - Volatility Comparison

The current volatility for Dynamic Active Mining Opportunities ETF (DXMO.TO) is 13.29%, while RBC Global Precious Metals Fund (RGPM.NEO) has a volatility of 16.07%. This indicates that DXMO.TO experiences smaller price fluctuations and is considered to be less risky than RGPM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXMO.TO	RGPM.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.29%	16.07%	-2.78%
Volatility (6M) Calculated over the trailing 6-month period	29.44%	35.62%	-6.18%
Volatility (1Y) Calculated over the trailing 1-year period	36.05%	42.98%	-6.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.42%	32.73%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.42%	32.73%	+1.69%

DXMO.TO vs. RGPM.NEO - Expense Ratio Comparison

DXMO.TO has a 0.74% expense ratio, which is lower than RGPM.NEO's 1.02% expense ratio.

Dividends

DXMO.TO vs. RGPM.NEO - Dividend Comparison

DXMO.TO's dividend yield for the trailing twelve months is around 0.16%, while RGPM.NEO has not paid dividends to shareholders.

Position	TTM	2025	2024
DXMO.TO Dynamic Active Mining Opportunities ETF	0.16%	0.18%	0.50%
RGPM.NEO RBC Global Precious Metals Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DXMO.TO and RGPM.NEO in my portfolio?

DXMO.TO and RGPM.NEO have a correlation of 0.75, 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 RGPM.NEO?

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 RGPM.NEO?

DXMO.TO is cheaper with a 0.74% expense ratio, compared with 1.02% for RGPM.NEO.

What is the main difference between DXMO.TO and RGPM.NEO?

DXMO.TO is categorized as Materials, while RGPM.NEO is Precious Metals. They also come from different issuers: Dynamic and RBC Global Asset Management.. Their fees differ too: 0.74% for DXMO.TO and 1.02% for RGPM.NEO.