DXU.TO vs. LLYH.TO

Last updated Jun 4, 2026

DXU.TO (Dynamic Active U.S. Dividend ETF) and LLYH.TO (Harvest Eli Lilly High Income Shares ETF Class A Units) are both Dividend funds. Both are actively managed. Over the past year, DXU.TO returned 44.54% vs 39.69% for LLYH.TO. At a 0.21 correlation, their price movements are largely independent. DXU.TO charges 0.75%/yr vs 0.40%/yr for LLYH.TO.

Performance

DXU.TO vs. LLYH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active U.S. Dividend ETF (DXU.TO) and Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXU.TO achieves a 27.69% return, which is significantly higher than LLYH.TO's 3.76% return.

DXU.TO

• 1D: 0.40%
• 1M: 14.78%
• YTD: 27.69%
• 6M: 24.84%
• 1Y: 44.54%
• 3Y*: 28.47%
• 5Y*: 14.84%
• 10Y*: —

LLYH.TO

• 1D: 1.49%
• 1M: 11.47%
• YTD: 3.76%
• 6M: 6.93%
• 1Y: 39.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DXU.TO vs. LLYH.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXU.TO Dynamic Active U.S. Dividend ETF	27.69%	9.36%	9.84%
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	3.76%	24.63%	-11.16%

Correlation

The correlation between DXU.TO and LLYH.TO is 0.07, 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	0.07
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.21

The correlation between DXU.TO and LLYH.TO shifts across timeframes, from 0.07 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DXU.TO vs. LLYH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXU.TO

DXU.TO Risk / Return Rank: 78
DXU.TO Sharpe Ratio Rank: 76
DXU.TO Sortino Ratio Rank: 72
DXU.TO Omega Ratio Rank: 76
DXU.TO Calmar Ratio Rank: 87
DXU.TO Martin Ratio Rank: 79

LLYH.TO

LLYH.TO Risk / Return Rank: 36
LLYH.TO Sharpe Ratio Rank: 34
LLYH.TO Sortino Ratio Rank: 33
LLYH.TO Omega Ratio Rank: 38
LLYH.TO Calmar Ratio Rank: 39
LLYH.TO Martin Ratio Rank: 35

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.

DXU.TO vs. LLYH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active U.S. Dividend ETF (DXU.TO) and Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.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.

	DXU.TO	LLYH.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.46	1.21	+1.25
Sortino ratio: Return per unit of downside risk	3.24	1.72	+1.53
Omega ratio: Gain probability vs. loss probability	1.45	1.25	+0.20
Calmar ratio: Return relative to maximum drawdown	4.89	1.90	+2.99
Martin ratio: Return relative to average drawdown	15.14	5.21	+9.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXU.TO vs. LLYH.TO - Sharpe Ratio Comparison

The current DXU.TO Sharpe Ratio is 2.46, which is higher than the LLYH.TO Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of DXU.TO and LLYH.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.

Sharpe Ratios by Period

	DXU.TO	LLYH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	1.21	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.24	+0.63

Drawdowns

DXU.TO vs. LLYH.TO - Drawdown Comparison

The maximum DXU.TO drawdown since its inception was -27.05%, smaller than the maximum LLYH.TO drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for DXU.TO and LLYH.TO.

Drawdown Indicators

	DXU.TO	LLYH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-27.05%	-31.00%	+3.95%
Max Drawdown (1Y) Largest decline over 1 year	-9.15%	-20.97%	+11.82%
Max Drawdown (3Y) Largest decline over 3 years	-23.80%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.83%	—	—
Current Drawdown Current decline from peak	0.00%	-2.39%	+2.39%
Average Drawdown Average peak-to-trough decline	-6.47%	-10.18%	+3.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	7.64%	-4.69%

Volatility

DXU.TO vs. LLYH.TO - Volatility Comparison

The current volatility for Dynamic Active U.S. Dividend ETF (DXU.TO) is 4.83%, while Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) has a volatility of 6.85%. This indicates that DXU.TO experiences smaller price fluctuations and is considered to be less risky than LLYH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXU.TO	LLYH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	6.85%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	24.78%	-10.71%
Volatility (1Y) Calculated over the trailing 1-year period	18.19%	33.04%	-14.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.16%	33.82%	-15.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.34%	33.82%	-14.48%

DXU.TO vs. LLYH.TO - Expense Ratio Comparison

DXU.TO has a 0.75% expense ratio, which is higher than LLYH.TO's 0.40% expense ratio.

Dividends

DXU.TO vs. LLYH.TO - Dividend Comparison

DXU.TO has not paid dividends to shareholders, while LLYH.TO's dividend yield for the trailing twelve months is around 17.81%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXU.TO Dynamic Active U.S. Dividend ETF	0.00%	0.00%	0.00%	0.00%	0.22%	0.00%	0.00%	0.00%	0.00%	0.10%
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	17.81%	17.54%	6.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DXU.TO and LLYH.TO in my portfolio?

DXU.TO and LLYH.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DXU.TO or LLYH.TO?

On fees, LLYH.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DXU.TO or LLYH.TO?

LLYH.TO is cheaper with a 0.40% expense ratio, compared with 0.75% for DXU.TO.

What is the main difference between DXU.TO and LLYH.TO?

They also come from different issuers: Dynamic and Harvest. Their fees differ too: 0.75% for DXU.TO and 0.40% for LLYH.TO.