DXO.TO vs. XIGS.TO
DXO.TO (Dynamic Active Crossover Bond ETF) and XIGS.TO (iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)) are both Corporate Bonds funds. DXO.TO is actively managed, while XIGS.TO is passively managed. Over the past 5 years, DXO.TO returned 2.78%/yr vs 1.33%/yr for XIGS.TO. At a 0.33 correlation, their price movements are largely independent.
Performance
DXO.TO vs. XIGS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DXO.TO achieves a 1.86% return, which is significantly higher than XIGS.TO's -0.01% return.
DXO.TO
- 1D
- 0.21%
- 1M
- 0.21%
- 6M
- 1.45%
- YTD
- 1.86%
- 1Y
- 5.69%
- 3Y*
- 7.29%
- 5Y*
- 2.78%
- 10Y*
- —
XIGS.TO
- 1D
- 0.16%
- 1M
- -0.01%
- 6M
- -0.13%
- YTD
- -0.01%
- 1Y
- 2.22%
- 3Y*
- 4.03%
- 5Y*
- 1.33%
- 10Y*
- —
DXO.TO vs. XIGS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DXO.TO Dynamic Active Crossover Bond ETF | 1.86% | 6.82% | 6.51% | 11.28% | -12.16% | 1.24% |
XIGS.TO iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) | -0.01% | 4.82% | 3.76% | 5.39% | -5.89% | -0.97% |
Correlation
The correlation between DXO.TO and XIGS.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2021 | 0.33 |
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Return for Risk
DXO.TO vs. XIGS.TO — Risk / Return Rank
DXO.TO
XIGS.TO
DXO.TO vs. XIGS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Crossover Bond ETF (DXO.TO) and iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIGS.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.
| DXO.TO | XIGS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.19 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 1.39 | +0.98 |
| Martin ratioReturn relative to average drawdown | 10.24 | 3.93 | +6.32 |
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Drawdowns
DXO.TO vs. XIGS.TO - Drawdown Comparison
The maximum DXO.TO drawdown since its inception was -17.61%, which is greater than XIGS.TO's maximum drawdown of -10.12%. Use the drawdown chart below to compare losses from any high point for DXO.TO and XIGS.TO.
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Drawdown Indicators
| DXO.TO | XIGS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.61% | -10.12% | -7.49% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -1.60% | -0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -3.78% | -1.60% | -2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -15.91% | -10.12% | -5.79% |
Current DrawdownCurrent decline from peak | -0.51% | -0.73% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -2.94% | -2.87% | -0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.56% | 0.00% |
Volatility
DXO.TO vs. XIGS.TO - Volatility Comparison
Dynamic Active Crossover Bond ETF (DXO.TO) has a higher volatility of 0.97% compared to iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIGS.TO) at 0.74%. This indicates that DXO.TO's price experiences larger fluctuations and is considered to be riskier than XIGS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXO.TO | XIGS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 0.74% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 1.73% | +0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 2.17% | +1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.63% | 3.30% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.74% | 3.30% | +4.44% |
Dividends
DXO.TO vs. XIGS.TO - Dividend Comparison
DXO.TO's dividend yield for the trailing twelve months is around 5.31%, more than XIGS.TO's 4.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DXO.TO Dynamic Active Crossover Bond ETF | 5.31% | 5.55% | 5.61% | 5.65% | 5.29% | 4.15% | 4.20% | 3.96% | 4.31% | 2.15% |
XIGS.TO iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) | 4.54% | 4.10% | 3.71% | 3.03% | 1.75% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DXO.TO and XIGS.TO have a correlation of 0.42, 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 iShares.
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