DXP.TO vs. DXN.TO
DXP.TO (Dynamic Active Preferred Shares ETF) and DXN.TO (Dynamic Active Global Infrastructure ETF) are both exchange-traded funds - DXP.TO is a Preferred Stock/Convertible Bonds fund actively managed by Dynamic, while DXN.TO is a Industrials Equities fund actively managed by Dynamic. Both are actively managed. Over the past 5 years, DXP.TO returned 8.14%/yr vs 9.37%/yr for DXN.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
DXP.TO vs. DXN.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXP.TO achieves a 5.77% return, which is significantly lower than DXN.TO's 12.68% return.
DXP.TO
- 1D
- 0.00%
- 1M
- 1.24%
- 6M
- 5.40%
- YTD
- 5.77%
- 1Y
- 12.83%
- 3Y*
- 18.83%
- 5Y*
- 8.14%
- 10Y*
- —
DXN.TO
- 1D
- -0.37%
- 1M
- 0.21%
- 6M
- 11.57%
- YTD
- 12.68%
- 1Y
- 19.51%
- 3Y*
- 13.53%
- 5Y*
- 9.37%
- 10Y*
- —
DXP.TO vs. DXN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DXP.TO Dynamic Active Preferred Shares ETF | 5.77% | 17.64% | 25.73% | 8.22% | -16.46% | 27.89% | 5.16% |
DXN.TO Dynamic Active Global Infrastructure ETF | 12.68% | 15.33% | 15.13% | -0.89% | -1.00% | 10.60% | -7.54% |
Correlation
The correlation between DXP.TO and DXN.TO is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2020 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DXP.TO vs. DXN.TO — Risk / Return Rank
DXP.TO
DXN.TO
DXP.TO vs. DXN.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 Infrastructure ETF (DXN.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.TO | DXN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.32 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 5.36 | 3.02 | +2.35 |
| Martin ratioReturn relative to average drawdown | 26.60 | 9.09 | +17.51 |
Loading charts...
Drawdowns
DXP.TO vs. DXN.TO - Drawdown Comparison
The maximum DXP.TO drawdown since its inception was -40.72%, which is greater than DXN.TO's maximum drawdown of -34.85%. Use the drawdown chart below to compare losses from any high point for DXP.TO and DXN.TO.
Loading charts...
Drawdown Indicators
| DXP.TO | DXN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.72% | -34.85% | -5.87% |
Max Drawdown (1Y)Largest decline over 1 year | -2.40% | -6.50% | +4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -8.30% | -14.79% | +6.49% |
Max Drawdown (5Y)Largest decline over 5 years | -20.11% | -18.55% | -1.56% |
Current DrawdownCurrent decline from peak | 0.00% | -2.16% | +2.16% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -5.74% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 2.15% | -1.67% |
Volatility
DXP.TO vs. DXN.TO - Volatility Comparison
The current volatility for Dynamic Active Preferred Shares ETF (DXP.TO) is 0.70%, while Dynamic Active Global Infrastructure ETF (DXN.TO) has a volatility of 2.73%. This indicates that DXP.TO experiences smaller price fluctuations and is considered to be less risky than DXN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DXP.TO | DXN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 2.73% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.42% | 8.89% | -6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.91% | 11.14% | -7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.27% | 12.85% | -3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.18% | 16.65% | -4.47% |
Dividends
DXP.TO vs. DXN.TO - Dividend Comparison
DXP.TO's dividend yield for the trailing twelve months is around 4.37%, more than DXN.TO's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DXN.TO Dynamic Active Global Infrastructure ETF | 2.00% | 2.10% | 3.26% | 2.30% | 1.21% | 0.91% | 0.35% | 0.00% | 0.00% | 0.00% |
DXP.TO Dynamic Active Preferred Shares ETF | 4.37% | 4.52% | 5.05% | 5.31% | 4.58% | 3.67% | 4.51% | 4.53% | 4.50% | 3.36% |
Frequently Asked Questions
DXP.TO and DXN.TO have a correlation of -0.00, 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 DXN.TO is Industrials Equities.
Find the right allocation for DXP.TO and DXN.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer