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HULC.TO vs. DRFU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HULC.TO vs. DRFU.TO

Last updated Jul 18, 2026
Documentation

HULC.TO (Global X US Large Cap Index Corporate Class ETF) and DRFU.TO (Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF) are both Large Cap Blend Equities funds. HULC.TO is passively managed, while DRFU.TO is actively managed. Over the past 5 years, HULC.TO returned 14.89%/yr vs 14.24%/yr for DRFU.TO. At a 0.20 correlation, their price movements are largely independent.

Performance

HULC.TO vs. DRFU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X US Large Cap Index Corporate Class ETF (HULC.TO) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with HULC.TO having a 11.88% return and DRFU.TO slightly higher at 12.29%.

HULC.TO

1D
-0.91%
1M
-0.24%
6M
8.60%
YTD
11.88%
1Y
21.80%
3Y*
22.21%
5Y*
14.89%
10Y*
—

DRFU.TO

1D
-2.58%
1M
-1.18%
6M
11.18%
YTD
12.29%
1Y
26.04%
3Y*
21.30%
5Y*
14.24%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HULC.TO vs. DRFU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
HULC.TO
Global X US Large Cap Index Corporate Class ETF		11.88%12.69%35.93%24.43%-14.75%26.89%27.48%
DRFU.TO
Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF		12.29%12.18%37.32%5.44%-9.19%29.41%5.10%

Correlation

The correlation between HULC.TO and DRFU.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.35

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

0.33

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

0.23

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2020

0.20

The correlation between HULC.TO and DRFU.TO shifts across timeframes, from 0.20 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Global X US Large Cap Index Corporate Class ETF

Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF

Often compared with HULC.TO:
HULC.TO vs. HXS.TOHULC.TO vs. FCUQ.TOHULC.TO vs. XHU.TOHULC.TO vs. SMVP.TOHULC.TO vs. XMTM.TOHULC.TO vs. XUU.TOHULC.TO vs. TULV.TO
Often compared with DRFU.TO:
DRFU.TO vs. DANC.TODRFU.TO vs. DCG.TODRFU.TO vs. DCS.TODRFU.TO vs. DRFD.TODRFU.TO vs. DRFE.TODRFU.TO vs. DRFG.TODRFU.TO vs. DRMC.TO

Return for Risk

HULC.TO vs. DRFU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HULC.TO
HULC.TO Risk / Return Rank: 6565
Overall Rank
HULC.TO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
HULC.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
HULC.TO Omega Ratio Rank: 6565
Omega Ratio Rank
HULC.TO Calmar Ratio Rank: 6565
Calmar Ratio Rank
HULC.TO Martin Ratio Rank: 6565
Martin Ratio Rank
DRFU.TO
DRFU.TO Risk / Return Rank: 8787
Overall Rank
DRFU.TO Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
DRFU.TO Sortino Ratio Rank: 8888
Sortino Ratio Rank
DRFU.TO Omega Ratio Rank: 9494
Omega Ratio Rank
DRFU.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
DRFU.TO Martin Ratio Rank: 8787
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.

HULC.TO vs. DRFU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X US Large Cap Index Corporate Class ETF (HULC.TO) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.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.

HULC.TODRFU.TODifference
Sharpe ratioReturn per unit of total volatility
1.66
1.85

-0.19

Sortino ratioReturn per unit of downside risk
2.33
3.12

-0.79

Omega ratioGain probability vs. loss probability

1.30

1.53

-0.23

Calmar ratioReturn relative to maximum drawdown

2.51

3.81

-1.31

Martin ratioReturn relative to average drawdown

8.82

13.72

-4.90

HULC.TO vs. DRFU.TO - Sharpe Ratio Comparison

The current HULC.TO Sharpe Ratio is 1.66, which is comparable to the DRFU.TO Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of HULC.TO and DRFU.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

HULC.TO vs. DRFU.TO - Drawdown Comparison

The maximum HULC.TO drawdown since its inception was -23.94%, which is greater than DRFU.TO's maximum drawdown of -19.89%. Use the drawdown chart below to compare losses from any high point for HULC.TO and DRFU.TO.

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Drawdown Indicators

HULC.TODRFU.TODifference

Max Drawdown

Largest peak-to-trough decline

-23.94%

-19.89%

-4.05%

Max Drawdown (1Y)

Largest decline over 1 year

-8.73%

-6.89%

-1.84%

Max Drawdown (3Y)

Largest decline over 3 years

-19.46%

-19.89%

+0.43%

Max Drawdown (5Y)

Largest decline over 5 years

-23.94%

-19.89%

-4.05%

Current Drawdown

Current decline from peak

-2.59%

-2.58%

-0.01%

Average Drawdown

Average peak-to-trough decline

-4.78%

-4.91%

+0.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.48%

1.91%

+0.57%

Volatility

HULC.TO vs. DRFU.TO - Volatility Comparison

The current volatility for Global X US Large Cap Index Corporate Class ETF (HULC.TO) is 3.29%, while Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) has a volatility of 3.53%. This indicates that HULC.TO experiences smaller price fluctuations and is considered to be less risky than DRFU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HULC.TODRFU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.29%

3.53%

-0.24%

Volatility (6M)

Calculated over the trailing 6-month period

10.18%

11.63%

-1.45%

Volatility (1Y)

Calculated over the trailing 1-year period

13.22%

14.22%

-1.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.32%

16.41%

-0.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.11%

16.51%

+2.60%

Dividends

HULC.TO vs. DRFU.TO - Dividend Comparison

HULC.TO has not paid dividends to shareholders, while DRFU.TO's dividend yield for the trailing twelve months is around 1.04%.

PositionTTM20252024202320222021202020192018
DRFU.TO
Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF		1.04%0.76%0.60%0.80%1.05%1.08%1.38%1.37%0.41%
HULC.TO
Global X US Large Cap Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HULC.TO and DRFU.TO have a correlation of 0.35, 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 Desjardins.

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