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DXP.TO vs. DXF.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DXP.TO vs. DXF.TO

Last updated Jul 18, 2026
Documentation

DXP.TO (Dynamic Active Preferred Shares ETF) and DXF.TO (Dynamic Active Global Financial Services ETF) are both exchange-traded funds - DXP.TO is a Preferred Stock/Convertible Bonds fund actively managed by Dynamic, while DXF.TO is a Financials Equities fund actively managed by Dynamic. Both are actively managed. Over the past 5 years, DXP.TO returned 8.17%/yr vs 9.96%/yr for DXF.TO. At a 0.15 correlation, their price movements are largely independent.

Performance

DXP.TO vs. DXF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Preferred Shares ETF (DXP.TO) and Dynamic Active Global Financial Services ETF (DXF.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, DXP.TO achieves a 5.93% return, which is significantly higher than DXF.TO's 2.80% return.

DXP.TO

1D
0.15%
1M
1.47%
6M
5.52%
YTD
5.93%
1Y
12.77%
3Y*
18.66%
5Y*
8.17%
10Y*
—

DXF.TO

1D
0.37%
1M
3.46%
6M
1.39%
YTD
2.80%
1Y
5.06%
3Y*
22.15%
5Y*
9.96%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DXP.TO vs. DXF.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DXP.TO
Dynamic Active Preferred Shares ETF		5.93%17.64%25.73%8.22%-16.46%27.89%5.67%3.94%-9.58%1.25%
DXF.TO
Dynamic Active Global Financial Services ETF		2.80%17.12%36.17%18.06%-19.33%23.02%9.67%42.59%-8.42%5.02%

Correlation

The correlation between DXP.TO and DXF.TO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.10

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

0.12

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

0.16

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2017

0.15

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Dynamic Active Preferred Shares ETF

Dynamic Active Global Financial Services ETF

Often compared with DXP.TO:
DXP.TO vs. DXBB.TODXP.TO vs. SPLT.TODXP.TO vs. TPRF.TODXP.TO vs. HYBR.TODXP.TO vs. X.TODXP.TO vs. DXQ.TODXP.TO vs. DXU.TO
Often compared with DXF.TO:
DXF.TO vs. DXO.TODXF.TO vs. DXB.TODXF.TO vs. DXN.TODXF.TO vs. DXC.TODXF.TO vs. DXBB.TODXF.TO vs. DXG.TODXF.TO vs. DXU.TO

Return for Risk

DXP.TO vs. DXF.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DXP.TO
DXP.TO Risk / Return Rank: 9696
Overall Rank
DXP.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
DXP.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
DXP.TO Omega Ratio Rank: 9696
Omega Ratio Rank
DXP.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
DXP.TO Martin Ratio Rank: 9696
Martin Ratio Rank
DXF.TO
DXF.TO Risk / Return Rank: 1818
Overall Rank
DXF.TO Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
DXF.TO Sortino Ratio Rank: 1919
Sortino Ratio Rank
DXF.TO Omega Ratio Rank: 1818
Omega Ratio Rank
DXF.TO Calmar Ratio Rank: 1616
Calmar Ratio Rank
DXF.TO Martin Ratio Rank: 1616
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.

DXP.TO vs. DXF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Preferred Shares ETF (DXP.TO) and Dynamic Active Global Financial Services ETF (DXF.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.

DXP.TODXF.TODifference
Sharpe ratioReturn per unit of total volatility
3.28
0.48

+2.80

Sortino ratioReturn per unit of downside risk
5.01
0.77

+4.23

Omega ratioGain probability vs. loss probability

1.66

1.09

+0.56

Calmar ratioReturn relative to maximum drawdown

5.34

0.40

+4.93

Martin ratioReturn relative to average drawdown

26.48

1.01

+25.47

DXP.TO vs. DXF.TO - Sharpe Ratio Comparison

The current DXP.TO Sharpe Ratio is 3.28, which is higher than the DXF.TO Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of DXP.TO and DXF.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

DXP.TO vs. DXF.TO - Drawdown Comparison

The maximum DXP.TO drawdown since its inception was -40.72%, which is greater than DXF.TO's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for DXP.TO and DXF.TO.

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Drawdown Indicators

DXP.TODXF.TODifference

Max Drawdown

Largest peak-to-trough decline

-40.72%

-35.27%

-5.45%

Max Drawdown (1Y)

Largest decline over 1 year

-2.40%

-14.42%

+12.02%

Max Drawdown (3Y)

Largest decline over 3 years

-8.30%

-14.42%

+6.12%

Max Drawdown (5Y)

Largest decline over 5 years

-20.11%

-29.06%

+8.95%

Current Drawdown

Current decline from peak

0.00%

-0.27%

+0.27%

Average Drawdown

Average peak-to-trough decline

-6.57%

-7.66%

+1.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.48%

5.76%

-5.28%

Volatility

DXP.TO vs. DXF.TO - Volatility Comparison

The current volatility for Dynamic Active Preferred Shares ETF (DXP.TO) is 0.69%, while Dynamic Active Global Financial Services ETF (DXF.TO) has a volatility of 4.95%. This indicates that DXP.TO experiences smaller price fluctuations and is considered to be less risky than DXF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DXP.TODXF.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.69%

4.95%

-4.26%

Volatility (6M)

Calculated over the trailing 6-month period

2.42%

9.88%

-7.46%

Volatility (1Y)

Calculated over the trailing 1-year period

3.92%

12.14%

-8.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.27%

16.76%

-7.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.17%

22.34%

-10.17%

Dividends

DXP.TO vs. DXF.TO - Dividend Comparison

DXP.TO's dividend yield for the trailing twelve months is around 4.36%, more than DXF.TO's 1.11% yield.

PositionTTM202520242023202220212020201920182017
DXF.TO
Dynamic Active Global Financial Services ETF		1.11%1.13%1.18%2.14%1.95%1.07%1.30%1.40%2.08%0.00%
DXP.TO
Dynamic Active Preferred Shares ETF		4.36%4.52%5.05%5.31%4.58%3.67%4.51%4.53%4.50%3.36%

Frequently Asked Questions

DXP.TO and DXF.TO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DXP.TO is categorized as Preferred Stock/Convertible Bonds, while DXF.TO is Financials Equities.

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