PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DXV.TO vs. XSB.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

DXV.TO vs. XSB.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Dynamic Active Investment Grade Floating Rate ETF (DXV.TO) and iShares Core Canadian Short Term Bond Index ETF (XSB.TO).

DXV.TO and XSB.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSB.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 1-5Y Core Bd GR CAD. It was launched on Nov 20, 2000.

Performance

DXV.TO vs. XSB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dynamic Active Investment Grade Floating Rate ETF (DXV.TO) and iShares Core Canadian Short Term Bond Index ETF (XSB.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

DXV.TO vs. XSB.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DXV.TO
Dynamic Active Investment Grade Floating Rate ETF		0.54%4.04%5.84%6.04%1.49%-0.21%3.59%3.58%0.00%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		0.25%3.70%5.87%4.67%-4.04%-1.11%5.20%3.20%1.74%

Returns By Period

In the year-to-date period, DXV.TO achieves a 0.54% return, which is significantly higher than XSB.TO's 0.25% return.

DXV.TO

1D
0.00%
1M
0.20%
YTD
0.54%
6M
1.31%
1Y
3.67%
3Y*
5.05%
5Y*
3.42%
10Y*
—

XSB.TO

1D
0.22%
1M
-0.89%
YTD
0.25%
6M
0.47%
1Y
2.33%
3Y*
4.25%
5Y*
1.93%
10Y*
1.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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 Investment Grade Floating Rate ETF

iShares Core Canadian Short Term Bond Index ETF

Often compared with DXV.TO:
DXV.TO vs. ZST.TODXV.TO vs. PSA.TODXV.TO vs. PCOR.TODXV.TO vs. XSH.TODXV.TO vs. MNY.TODXV.TO vs. ZCS.TODXV.TO vs. VSCSX
Often compared with XSB.TO:
XSB.TO vs. XBB.TOXSB.TO vs. ZAG.TOXSB.TO vs. XSH.TOXSB.TO vs. VSB.TOXSB.TO vs. XCB.TOXSB.TO vs. XLB.TOXSB.TO vs. ZCS.TO

DXV.TO vs. XSB.TO - Expense Ratio Comparison

XSB.TO
iShares Core Canadian Short Term Bond Index ETF

Return for Risk

DXV.TO vs. XSB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DXV.TO
DXV.TO Risk / Return Rank: 9797
Overall Rank
DXV.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
DXV.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
DXV.TO Omega Ratio Rank: 9696
Omega Ratio Rank
DXV.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
DXV.TO Martin Ratio Rank: 9898
Martin Ratio Rank
XSB.TO
XSB.TO Risk / Return Rank: 6868
Overall Rank
XSB.TO Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
XSB.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
XSB.TO Omega Ratio Rank: 6565
Omega Ratio Rank
XSB.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
XSB.TO Martin Ratio Rank: 7070
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.

DXV.TO vs. XSB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Active Investment Grade Floating Rate ETF (DXV.TO) and iShares Core Canadian Short Term Bond Index ETF (XSB.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.

DXV.TOXSB.TODifference

Sharpe ratio

Return per unit of total volatility

2.45

1.20

+1.26

Sortino ratio

Return per unit of downside risk

3.78

1.64

+2.14

Omega ratio

Gain probability vs. loss probability

1.51

1.23

+0.29

Calmar ratio

Return relative to maximum drawdown

7.14

1.66

+5.48

Martin ratio

Return relative to average drawdown

35.41

6.68

+28.72

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

DXV.TO vs. XSB.TO - Sharpe Ratio Comparison

The current DXV.TO Sharpe Ratio is 2.45, which is higher than the XSB.TO Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of DXV.TO and XSB.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

DXV.TOXSB.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.45

1.20

+1.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.13

0.72

+0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.57

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

1.10

-0.44

Correlation

The correlation between DXV.TO and XSB.TO is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DXV.TO vs. XSB.TO - Dividend Comparison

DXV.TO's dividend yield for the trailing twelve months is around 3.17%, which matches XSB.TO's 3.14% yield.

TTM20252024202320222021202020192018201720162015
DXV.TO
Dynamic Active Investment Grade Floating Rate ETF		3.17%3.35%5.32%6.33%3.98%0.69%1.89%2.25%1.78%0.00%0.00%0.00%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		3.14%3.15%3.05%2.67%2.28%2.05%2.21%2.39%2.39%2.36%2.36%2.50%

Drawdowns

DXV.TO vs. XSB.TO - Drawdown Comparison

The maximum DXV.TO drawdown since its inception was -11.62%, which is greater than XSB.TO's maximum drawdown of -8.65%. Use the drawdown chart below to compare losses from any high point for DXV.TO and XSB.TO.

Loading graphics...

Drawdown Indicators

DXV.TOXSB.TODifference

Max Drawdown

Largest peak-to-trough decline

-11.62%

-8.65%

-2.97%

Max Drawdown (1Y)

Largest decline over 1 year

-0.51%

-1.47%

+0.96%

Max Drawdown (5Y)

Largest decline over 5 years

-2.71%

-6.99%

+4.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-8.65%

—

Current Drawdown

Current decline from peak

-0.11%

-0.89%

+0.78%

Average Drawdown

Average peak-to-trough decline

-0.39%

-0.83%

+0.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.10%

0.37%

-0.27%

Volatility

DXV.TO vs. XSB.TO - Volatility Comparison

The current volatility for Dynamic Active Investment Grade Floating Rate ETF (DXV.TO) is 0.62%, while iShares Core Canadian Short Term Bond Index ETF (XSB.TO) has a volatility of 1.07%. This indicates that DXV.TO experiences smaller price fluctuations and is considered to be less risky than XSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

DXV.TOXSB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.62%

1.07%

-0.45%

Volatility (6M)

Calculated over the trailing 6-month period

1.19%

1.42%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

1.50%

1.95%

-0.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.05%

2.69%

+0.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.68%

3.39%

+1.29%