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

DXP.TO vs. SPLT.TO

Last updated Jun 8, 2026

DXP.TO (Dynamic Active Preferred Shares ETF) and SPLT.TO (Brompton Split Corp. Preferred Share ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. Over the past year, DXP.TO returned 14.94% vs 6.09% for SPLT.TO. At a 0.13 correlation, their price movements are largely independent. DXP.TO charges 0.64%/yr vs 0.50%/yr for SPLT.TO.

Performance

DXP.TO vs. SPLT.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 Brompton Split Corp. Preferred Share ETF (SPLT.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 4.16% return, which is significantly higher than SPLT.TO's 3.12% return.

DXP.TO

1D
0.00%
1M
0.56%
YTD
4.16%
6M
5.47%
1Y
14.94%
3Y*
18.02%
5Y*
7.70%
10Y*
—

SPLT.TO

1D
0.00%
1M
1.23%
YTD
3.12%
6M
3.73%
1Y
6.09%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023
DXP.TO
Dynamic Active Preferred Shares ETF		4.16%17.64%25.73%5.96%
SPLT.TO
Brompton Split Corp. Preferred Share ETF		3.12%5.75%14.10%5.51%

Correlation

The correlation between DXP.TO and SPLT.TO is 0.10, 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

0.10

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2023

0.13

Compare stocks, funds, or ETFs

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Dynamic Active Preferred Shares ETF

Brompton Split Corp. Preferred Share ETF

Often compared with DXP.TO:
DXP.TO vs. CPD.TODXP.TO vs. DXBB.TODXP.TO vs. DXMO.TODXP.TO vs. DXU.TODXP.TO vs. DXQ.TODXP.TO vs. HPR.TODXP.TO vs. HLPR.TO
Often compared with SPLT.TO:
SPLT.TO vs. ZPR.TOSPLT.TO vs. CLSA.TOSPLT.TO vs. HLPR.TOSPLT.TO vs. BMAX.TOSPLT.TO vs. HBIL.TOSPLT.TO vs. ZCS.TOSPLT.TO vs. CPD.TO

Return for Risk

DXP.TO vs. SPLT.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: 9696
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
SPLT.TO
SPLT.TO Risk / Return Rank: 5959
Overall Rank
SPLT.TO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
SPLT.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
SPLT.TO Omega Ratio Rank: 6060
Omega Ratio Rank
SPLT.TO Calmar Ratio Rank: 6969
Calmar Ratio Rank
SPLT.TO Martin Ratio Rank: 5454
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. SPLT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Preferred Shares ETF (DXP.TO) and Brompton Split Corp. Preferred Share ETF (SPLT.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.

DXP.TOSPLT.TODifference
Sharpe ratioReturn per unit of total volatility
3.76
1.73

+2.04

Sortino ratioReturn per unit of downside risk
5.82
2.49

+3.33

Omega ratioGain probability vs. loss probability

1.76

1.33

+0.43

Calmar ratioReturn relative to maximum drawdown

6.38

3.21

+3.18

Martin ratioReturn relative to average drawdown

31.55

8.62

+22.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current DXP.TO Sharpe Ratio is 3.76, which is higher than the SPLT.TO Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of DXP.TO and SPLT.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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Sharpe Ratios by Period

DXP.TOSPLT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.76

1.73

+2.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.83

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

2.06

-1.44

Drawdowns

DXP.TO vs. SPLT.TO - Drawdown Comparison

The maximum DXP.TO drawdown since its inception was -40.72%, which is greater than SPLT.TO's maximum drawdown of -5.36%. Use the drawdown chart below to compare losses from any high point for DXP.TO and SPLT.TO.

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Drawdown Indicators

DXP.TOSPLT.TODifference

Max Drawdown

Largest peak-to-trough decline

-40.72%

-5.36%

-35.36%

Max Drawdown (1Y)

Largest decline over 1 year

-2.40%

-1.82%

-0.58%

Max Drawdown (3Y)

Largest decline over 3 years

-8.30%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-20.11%

—

—

Current Drawdown

Current decline from peak

-0.26%

0.00%

-0.26%

Average Drawdown

Average peak-to-trough decline

-6.65%

-0.50%

-6.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.49%

0.68%

-0.19%

Volatility

DXP.TO vs. SPLT.TO - Volatility Comparison

Dynamic Active Preferred Shares ETF (DXP.TO) has a higher volatility of 0.98% compared to Brompton Split Corp. Preferred Share ETF (SPLT.TO) at 0.71%. This indicates that DXP.TO's price experiences larger fluctuations and is considered to be riskier than SPLT.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.TOSPLT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.98%

0.71%

+0.27%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

2.26%

+0.43%

Volatility (1Y)

Calculated over the trailing 1-year period

4.08%

3.38%

+0.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.29%

4.68%

+4.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.25%

4.68%

+7.57%

DXP.TO vs. SPLT.TO - Expense Ratio Comparison

DXP.TO has a 0.64% expense ratio, which is higher than SPLT.TO's 0.50% expense ratio.

Dividends

DXP.TO vs. SPLT.TO - Dividend Comparison

DXP.TO's dividend yield for the trailing twelve months is around 4.42%, less than SPLT.TO's 5.98% yield.

PositionTTM202520242023202220212020201920182017
DXP.TO
Dynamic Active Preferred Shares ETF		4.42%4.52%5.05%5.31%4.58%3.67%4.51%4.53%4.50%3.36%
SPLT.TO
Brompton Split Corp. Preferred Share ETF		5.98%6.01%5.99%3.55%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

DXP.TO and SPLT.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.

On fees, SPLT.TO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPLT.TO is cheaper with a 0.50% expense ratio, compared with 0.64% for DXP.TO.

They also come from different issuers: Dynamic and Brompton Funds. Their fees differ too: 0.64% for DXP.TO and 0.50% for SPLT.TO.

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