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HAZ.TO vs. DXG.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HAZ.TO vs. DXG.TO

Last updated Jul 17, 2026
Documentation

HAZ.TO (Global X Active Global Dividend ETF) and DXG.TO (Dynamic Active Global Dividend ETF) are both Global Equity Income funds. Both are actively managed. Over the past 5 years, HAZ.TO returned 13.75%/yr vs 15.53%/yr for DXG.TO. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

HAZ.TO vs. DXG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Active Global Dividend ETF (HAZ.TO) and Dynamic Active Global Dividend ETF (DXG.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, HAZ.TO achieves a 14.39% return, which is significantly lower than DXG.TO's 19.23% return.

HAZ.TO

1D
0.24%
1M
2.03%
6M
11.72%
YTD
14.39%
1Y
22.22%
3Y*
18.40%
5Y*
13.75%
10Y*
11.16%

DXG.TO

1D
-0.46%
1M
-2.85%
6M
14.06%
YTD
19.23%
1Y
25.55%
3Y*
31.05%
5Y*
15.53%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HAZ.TO vs. DXG.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HAZ.TO
Global X Active Global Dividend ETF		14.39%7.49%25.38%17.61%-8.86%27.34%7.50%15.27%-4.50%12.62%
DXG.TO
Dynamic Active Global Dividend ETF		19.23%13.33%55.25%10.41%-16.50%10.24%35.26%24.34%14.67%17.26%

Correlation

The correlation between HAZ.TO and DXG.TO is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.64

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (5Y)
Calculated over the trailing 5-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Jan 25, 2017

0.64

The correlation between HAZ.TO and DXG.TO has been stable across timeframes, ranging from 0.64 to 0.66 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Active Global Dividend ETF

Dynamic Active Global Dividend ETF

Often compared with HAZ.TO:
HAZ.TO vs. TGED.TOHAZ.TO vs. ZDH.TOHAZ.TO vs. TQGD.TOHAZ.TO vs. CASH.TOHAZ.TO vs. PAYG.TOHAZ.TO vs. XAW.TOHAZ.TO vs. QQCL.TO
Often compared with DXG.TO:
DXG.TO vs. DXF.TODXG.TO vs. DXO.TODXG.TO vs. BDIV.TODXG.TO vs. DXB.TODXG.TO vs. DXC.TODXG.TO vs. DXN.TODXG.TO vs. ETP.TO

Return for Risk

HAZ.TO vs. DXG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HAZ.TO
HAZ.TO Risk / Return Rank: 8585
Overall Rank
HAZ.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
HAZ.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
HAZ.TO Omega Ratio Rank: 8181
Omega Ratio Rank
HAZ.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
HAZ.TO Martin Ratio Rank: 8686
Martin Ratio Rank
DXG.TO
DXG.TO Risk / Return Rank: 4545
Overall Rank
DXG.TO Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
DXG.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
DXG.TO Omega Ratio Rank: 3838
Omega Ratio Rank
DXG.TO Calmar Ratio Rank: 5353
Calmar Ratio Rank
DXG.TO Martin Ratio Rank: 5555
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.

HAZ.TO vs. DXG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Active Global Dividend ETF (HAZ.TO) and Dynamic Active Global Dividend ETF (DXG.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.

HAZ.TODXG.TODifference
Sharpe ratioReturn per unit of total volatility
2.17
1.18

+0.99

Sortino ratioReturn per unit of downside risk
3.16
1.67

+1.49

Omega ratioGain probability vs. loss probability

1.38

1.21

+0.17

Calmar ratioReturn relative to maximum drawdown

4.08

2.17

+1.90

Martin ratioReturn relative to average drawdown

14.19

7.59

+6.61

HAZ.TO vs. DXG.TO - Sharpe Ratio Comparison

The current HAZ.TO Sharpe Ratio is 2.17, which is higher than the DXG.TO Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of HAZ.TO and DXG.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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Drawdowns

HAZ.TO vs. DXG.TO - Drawdown Comparison

The maximum HAZ.TO drawdown since its inception was -25.55%, roughly equal to the maximum DXG.TO drawdown of -26.03%. Use the drawdown chart below to compare losses from any high point for HAZ.TO and DXG.TO.

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Drawdown Indicators

HAZ.TODXG.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.55%

-26.03%

+0.48%

Max Drawdown (1Y)

Largest decline over 1 year

-5.48%

-11.81%

+6.33%

Max Drawdown (3Y)

Largest decline over 3 years

-14.09%

-22.90%

+8.81%

Max Drawdown (5Y)

Largest decline over 5 years

-18.07%

-26.03%

+7.96%

Max Drawdown (10Y)

Largest decline over 10 years

-25.55%

—

—

Current Drawdown

Current decline from peak

-1.05%

-6.92%

+5.87%

Average Drawdown

Average peak-to-trough decline

-3.22%

-6.18%

+2.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.57%

3.38%

-1.81%

Volatility

HAZ.TO vs. DXG.TO - Volatility Comparison

The current volatility for Global X Active Global Dividend ETF (HAZ.TO) is 2.44%, while Dynamic Active Global Dividend ETF (DXG.TO) has a volatility of 7.58%. This indicates that HAZ.TO experiences smaller price fluctuations and is considered to be less risky than DXG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HAZ.TODXG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.44%

7.58%

-5.14%

Volatility (6M)

Calculated over the trailing 6-month period

7.82%

18.75%

-10.93%

Volatility (1Y)

Calculated over the trailing 1-year period

10.27%

21.72%

-11.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.15%

19.52%

-7.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.28%

19.50%

-5.22%

Dividends

HAZ.TO vs. DXG.TO - Dividend Comparison

HAZ.TO's dividend yield for the trailing twelve months is around 1.25%, while DXG.TO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
DXG.TO
Dynamic Active Global Dividend ETF		0.00%0.00%12.23%0.50%0.17%0.02%0.00%0.00%0.00%0.06%0.00%0.00%
HAZ.TO
Global X Active Global Dividend ETF		1.25%1.48%0.96%1.78%3.40%1.71%1.93%2.27%2.31%2.20%2.40%2.51%

Frequently Asked Questions

HAZ.TO and DXG.TO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Global X and Dynamic.

Portfolio Optimizer

Find the right allocation for HAZ.TO and DXG.TO

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