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DXU.TO vs. SPDG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DXU.TO vs. SPDG

Last updated Jun 25, 2026

DXU.TO (Dynamic Active U.S. Dividend ETF) and SPDG (SPDR Portfolio S&P Sector Neutral Dividend ETF) are both Dividend funds. DXU.TO is actively managed, while SPDG is passively managed. Over the past year, DXU.TO returned 38.88% vs 27.91% for SPDG. At a 0.38 correlation, their price movements are largely independent. DXU.TO charges 0.75%/yr vs 0.05%/yr for SPDG.

Performance

DXU.TO vs. SPDG - 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 SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

DXU.TO is traded in CAD, while SPDG is traded in USD. To make them comparable, the SPDG values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DXU.TO achieves a 27.19% return, which is significantly higher than SPDG's 18.80% return.

DXU.TO

1D
-0.03%
1M
7.62%
YTD
27.19%
6M
26.13%
1Y
38.88%
3Y*
27.90%
5Y*
14.80%
10Y*
—

SPDG

1D
0.38%
1M
2.64%
YTD
18.80%
6M
17.24%
1Y
27.91%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DXU.TO vs. SPDG - Yearly Performance Comparison

2026 (YTD)202520242023
DXU.TO
Dynamic Active U.S. Dividend ETF		27.19%9.36%38.05%3.32%
SPDG
SPDR Portfolio S&P Sector Neutral Dividend ETF		18.80%6.56%30.40%5.31%

Correlation

The correlation between DXU.TO and SPDG is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.27

Correlation (All Time)
Calculated using the full available price history since Sep 12, 2023

0.38

The correlation between DXU.TO and SPDG shifts across timeframes, from 0.27 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.

DXU.TO vs. SPDG - Sectors Allocation Comparison

Sectors
DXU.TO
SPDG

Industrials

34.7%
8.8%

Technology

25.3%
37.4%

Financial Services

15.5%
11.8%

Consumer Cyclical

8.1%
9.3%

Basic Materials

6.5%
1.6%

Healthcare

5.0%
9.0%

Communication Services

3.0%
8.8%

Energy

2.0%
3.8%

Consumer Defensive

-

5.1%

Real Estate

-

2.2%

Utilities

-

2.4%

Industrials

DXU.TO
34.7%
SPDG
8.8%

Technology

DXU.TO
25.3%
SPDG
37.4%

Financial Services

DXU.TO
15.5%
SPDG
11.8%

Consumer Cyclical

DXU.TO
8.1%
SPDG
9.3%

Basic Materials

DXU.TO
6.5%
SPDG
1.6%

Healthcare

DXU.TO
5.0%
SPDG
9.0%

Communication Services

DXU.TO
3.0%
SPDG
8.8%

Energy

DXU.TO
2.0%
SPDG
3.8%

Consumer Defensive

DXU.TO

-

SPDG
5.1%

Real Estate

DXU.TO

-

SPDG
2.2%

Utilities

DXU.TO

-

SPDG
2.4%

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 U.S. Dividend ETF

SPDR Portfolio S&P Sector Neutral Dividend ETF

Often compared with DXU.TO:
DXU.TO vs. ZDIV.TODXU.TO vs. DXQ.TODXU.TO vs. VDY.TODXU.TO vs. CWIN.TODXU.TO vs. DXBB.TODXU.TO vs. TBNK.TODXU.TO vs. DXMO.TO
Often compared with SPDG:
SPDG vs. SCHDSPDG vs. DIVBSPDG vs. SVAIXSPDG vs. SPYSPDG vs. DGROSPDG vs. SCHGSPDG vs. TLT

Return for Risk

DXU.TO vs. SPDG — 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: 7474
Overall Rank
DXU.TO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
DXU.TO Sortino Ratio Rank: 6464
Sortino Ratio Rank
DXU.TO Omega Ratio Rank: 7171
Omega Ratio Rank
DXU.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
DXU.TO Martin Ratio Rank: 7777
Martin Ratio Rank
SPDG
SPDG Risk / Return Rank: 6464
Overall Rank
SPDG Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
SPDG Sortino Ratio Rank: 6868
Sortino Ratio Rank
SPDG Omega Ratio Rank: 6363
Omega Ratio Rank
SPDG Calmar Ratio Rank: 6464
Calmar Ratio Rank
SPDG Martin Ratio Rank: 5959
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.

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

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active U.S. Dividend ETF (DXU.TO) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). 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.

DXU.TOSPDGDifference
Sharpe ratioReturn per unit of total volatility
1.99
2.15

-0.16

Sortino ratioReturn per unit of downside risk
2.58
3.14

-0.56

Omega ratioGain probability vs. loss probability

1.36

1.38

-0.01

Calmar ratioReturn relative to maximum drawdown

4.27

3.72

+0.55

Martin ratioReturn relative to average drawdown

12.82

13.15

-0.33

DXU.TO vs. SPDG - Sharpe Ratio Comparison

The current DXU.TO Sharpe Ratio is 1.99, which is comparable to the SPDG Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of DXU.TO and SPDG, 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

DXU.TO vs. SPDG - Drawdown Comparison

The maximum DXU.TO drawdown since its inception was -29.23%, which is greater than SPDG's maximum drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for DXU.TO and SPDG.

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Drawdown Indicators

DXU.TOSPDGDifference

Max Drawdown

Largest peak-to-trough decline

-29.23%

-16.25%

-12.98%

Max Drawdown (1Y)

Largest decline over 1 year

-9.15%

-7.54%

-1.61%

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

-2.32%

-0.25%

-2.07%

Average Drawdown

Average peak-to-trough decline

-6.65%

-2.53%

-4.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.04%

2.13%

+0.91%

Volatility

DXU.TO vs. SPDG - Volatility Comparison

Dynamic Active U.S. Dividend ETF (DXU.TO) has a higher volatility of 9.26% compared to SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) at 4.76%. This indicates that DXU.TO's price experiences larger fluctuations and is considered to be riskier than SPDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DXU.TOSPDGDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.26%

4.76%

+4.50%

Volatility (6M)

Calculated over the trailing 6-month period

15.69%

10.36%

+5.33%

Volatility (1Y)

Calculated over the trailing 1-year period

19.78%

13.05%

+6.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.51%

14.89%

+3.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.69%

14.89%

+4.80%

DXU.TO vs. SPDG - Expense Ratio Comparison

DXU.TO has a 0.75% expense ratio, which is higher than SPDG's 0.05% expense ratio.

Dividends

DXU.TO vs. SPDG - Dividend Comparison

DXU.TO has not paid dividends to shareholders, while SPDG's dividend yield for the trailing twelve months is around 2.71%.

PositionTTM202520242023202220212020201920182017
DXU.TO
Dynamic Active U.S. Dividend ETF		0.00%0.00%0.00%0.00%0.21%0.00%0.00%0.00%0.00%0.11%
SPDG
SPDR Portfolio S&P Sector Neutral Dividend ETF		2.71%2.87%2.61%0.90%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

DXU.TO and SPDG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPDG is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPDG is cheaper with a 0.05% expense ratio, compared with 0.75% for DXU.TO.

They also come from different issuers: Dynamic and State Street. Their fees differ too: 0.75% for DXU.TO and 0.05% for SPDG.

Portfolio Optimizer

Find the right allocation for DXU.TO and SPDG

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