DXZ.TO vs. DXF.TO
DXZ.TO (Dynamic Active U.S. Mid-Cap ETF) and DXF.TO (Dynamic Active Global Financial Services ETF) are both exchange-traded funds - DXZ.TO is a Mid Cap Blend Equities fund actively managed by Dynamic, while DXF.TO is a Financials Equities fund actively managed by Dynamic. Both are actively managed. Over the past 5 years, DXZ.TO returned 4.55%/yr vs 9.90%/yr for DXF.TO. At a 0.32 correlation, their price movements are largely independent.
Performance
DXZ.TO vs. DXF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DXZ.TO achieves a 9.64% return, which is significantly higher than DXF.TO's 3.02% return.
DXZ.TO
- 1D
- -0.57%
- 1M
- 2.87%
- 6M
- 5.27%
- YTD
- 9.64%
- 1Y
- 7.80%
- 3Y*
- 9.04%
- 5Y*
- 4.55%
- 10Y*
- —
DXF.TO
- 1D
- 0.11%
- 1M
- 5.32%
- 6M
- 2.37%
- YTD
- 3.02%
- 1Y
- 6.55%
- 3Y*
- 22.24%
- 5Y*
- 9.90%
- 10Y*
- —
DXZ.TO vs. DXF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXZ.TO Dynamic Active U.S. Mid-Cap ETF | 9.64% | -6.29% | 19.70% | 7.48% | -8.39% | 23.29% | 10.71% | 15.31% | -3.63% | 8.09% |
DXF.TO Dynamic Active Global Financial Services ETF | 3.02% | 17.12% | 36.17% | 18.06% | -19.33% | 23.02% | 9.67% | 42.59% | -8.42% | 5.02% |
Correlation
The correlation between DXZ.TO and DXF.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2017 | 0.32 |
The correlation between DXZ.TO and DXF.TO shifts across timeframes, from 0.23 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DXZ.TO vs. DXF.TO — Risk / Return Rank
DXZ.TO
DXF.TO
DXZ.TO vs. DXF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynamic Active U.S. Mid-Cap ETF (DXZ.TO) and Dynamic Active Global Financial Services ETF (DXF.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.
| DXZ.TO | DXF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.09 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 0.38 | +0.52 |
| Martin ratioReturn relative to average drawdown | 2.35 | 0.94 | +1.41 |
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Drawdowns
DXZ.TO vs. DXF.TO - Drawdown Comparison
The maximum DXZ.TO drawdown since its inception was -27.44%, smaller than the maximum DXF.TO drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for DXZ.TO and DXF.TO.
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Drawdown Indicators
| DXZ.TO | DXF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.44% | -35.27% | +7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -14.42% | +5.62% |
Max Drawdown (3Y)Largest decline over 3 years | -17.53% | -14.42% | -3.11% |
Max Drawdown (5Y)Largest decline over 5 years | -23.95% | -29.06% | +5.11% |
Current DrawdownCurrent decline from peak | -3.46% | -0.05% | -3.41% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -7.67% | +0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 5.76% | -2.43% |
Volatility
DXZ.TO vs. DXF.TO - Volatility Comparison
The current volatility for Dynamic Active U.S. Mid-Cap ETF (DXZ.TO) is 3.35%, while Dynamic Active Global Financial Services ETF (DXF.TO) has a volatility of 4.98%. This indicates that DXZ.TO experiences smaller price fluctuations and is considered to be less risky than DXF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXZ.TO | DXF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 4.98% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 9.87% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.55% | 12.17% | +2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.56% | 16.76% | -1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.21% | 22.35% | -0.14% |
Dividends
DXZ.TO vs. DXF.TO - Dividend Comparison
DXZ.TO's dividend yield for the trailing twelve months is around 0.29%, less than DXF.TO's 1.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DXF.TO Dynamic Active Global Financial Services ETF | 1.10% | 1.13% | 1.18% | 2.14% | 1.95% | 1.07% | 1.30% | 1.40% | 2.08% |
DXZ.TO Dynamic Active U.S. Mid-Cap ETF | 0.29% | 0.32% | 0.43% | 0.63% | 0.07% | 0.36% | 0.85% | 0.45% | 0.35% |
Frequently Asked Questions
DXZ.TO and DXF.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXZ.TO is categorized as Mid Cap Blend Equities, while DXF.TO is Financials Equities.
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