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ICPB.TO vs. DXBB.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ICPB.TO vs. DXBB.TO

Last updated Jul 25, 2026
Documentation

ICPB.TO (IA Clarington Agile Core Plus Bond Fund Series ETF) and DXBB.TO (Dynamic Active Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past year, ICPB.TO returned 3.00% vs 4.05% for DXBB.TO. At a 0.36 correlation, their price movements are largely independent. ICPB.TO charges 0.64%/yr vs 0.33%/yr for DXBB.TO.

Performance

ICPB.TO vs. DXBB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in IA Clarington Agile Core Plus Bond Fund Series ETF (ICPB.TO) and Dynamic Active Bond ETF (DXBB.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, ICPB.TO achieves a 0.84% return, which is significantly lower than DXBB.TO's 1.11% return.

ICPB.TO

1D
0.00%
1M
-0.69%
6M
0.20%
YTD
0.84%
1Y
3.00%
3Y*
4.80%
5Y*
1.80%
10Y*
—
ALL TIME*
2.76%

DXBB.TO

1D
-0.15%
1M
-1.36%
6M
0.65%
YTD
1.11%
1Y
4.05%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
3.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DXBB.TO

Dynamic Active Bond ETF
CA$26.65KCA$28.66KCA$64.43K

ICPB.TO

IA Clarington Agile Core Plus Bond Fund Series ETF
CA$109.45KCA$91.77KCA$92.24K

ICPB.TO vs. DXBB.TO - Yearly Performance Comparison

2026 (YTD)20252024
ICPB.TO
IA Clarington Agile Core Plus Bond Fund Series ETF		0.84%3.82%1.15%
DXBB.TO
Dynamic Active Bond ETF		1.11%2.85%1.20%

Correlation

The correlation between ICPB.TO and DXBB.TO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.37

Correlation (All Time)
Calculated using the full available price history since Oct 31, 2024

0.36

Compare stocks, funds, or ETFs

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

IA Clarington Agile Core Plus Bond Fund Series ETF

Dynamic Active Bond ETF

Often compared with ICPB.TO:
ICPB.TO vs. PCOR.TOICPB.TO vs. XFLI.TOICPB.TO vs. ZHY.TOICPB.TO vs. ZFH.TOICPB.TO vs. IFRF.TOICPB.TO vs. ISIF.TOICPB.TO vs. ONEB.TO
Often compared with DXBB.TO:
DXBB.TO vs. DXQ.TODXBB.TO vs. XAGG.TODXBB.TO vs. DXU.TODXBB.TO vs. XGRO.TODXBB.TO vs. DXMO.TODXBB.TO vs. DXP.TODXBB.TO vs. DXC.TO

Return for Risk

ICPB.TO vs. DXBB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ICPB.TO
ICPB.TO Risk / Return Rank: 3434
Overall Rank
ICPB.TO Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
ICPB.TO Sortino Ratio Rank: 2929
Sortino Ratio Rank
ICPB.TO Omega Ratio Rank: 2828
Omega Ratio Rank
ICPB.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
ICPB.TO Martin Ratio Rank: 4444
Martin Ratio Rank
DXBB.TO
DXBB.TO Risk / Return Rank: 3838
Overall Rank
DXBB.TO Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
DXBB.TO Sortino Ratio Rank: 3636
Sortino Ratio Rank
DXBB.TO Omega Ratio Rank: 3838
Omega Ratio Rank
DXBB.TO Calmar Ratio Rank: 4141
Calmar Ratio Rank
DXBB.TO Martin Ratio Rank: 3939
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.

ICPB.TO vs. DXBB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IA Clarington Agile Core Plus Bond Fund Series ETF (ICPB.TO) and Dynamic Active Bond ETF (DXBB.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.

ICPB.TODXBB.TODifference
Sharpe ratioReturn per unit of total volatility
0.76
0.96

-0.20

Sortino ratioReturn per unit of downside risk
1.09
1.37

-0.28

Omega ratioGain probability vs. loss probability

1.13

1.18

-0.05

Calmar ratioReturn relative to maximum drawdown

1.39

1.46

-0.07

Martin ratioReturn relative to average drawdown

4.91

4.04

+0.87

ICPB.TO vs. DXBB.TO - Sharpe Ratio Comparison

The current ICPB.TO Sharpe Ratio is 0.76, which is comparable to the DXBB.TO Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of ICPB.TO and DXBB.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

ICPB.TO vs. DXBB.TO - Drawdown Comparison

The maximum ICPB.TO drawdown since its inception was -16.58%, which is greater than DXBB.TO's maximum drawdown of -3.23%. Use the drawdown chart below to compare losses from any high point for ICPB.TO and DXBB.TO.

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Drawdown Indicators

ICPB.TODXBB.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.58%

-3.23%

-13.35%

Max Drawdown (1Y)

Largest decline over 1 year

-2.17%

-2.79%

+0.62%

Max Drawdown (3Y)

Largest decline over 3 years

-3.00%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-10.41%

—

—

Current Drawdown

Current decline from peak

-0.85%

-1.46%

+0.61%

Average Drawdown

Average peak-to-trough decline

-2.43%

-1.16%

-1.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.61%

1.01%

-0.40%

Volatility

ICPB.TO vs. DXBB.TO - Volatility Comparison

The current volatility for IA Clarington Agile Core Plus Bond Fund Series ETF (ICPB.TO) is 1.00%, while Dynamic Active Bond ETF (DXBB.TO) has a volatility of 1.37%. This indicates that ICPB.TO experiences smaller price fluctuations and is considered to be less risky than DXBB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ICPB.TODXBB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.00%

1.37%

-0.37%

Volatility (6M)

Calculated over the trailing 6-month period

2.86%

3.45%

-0.59%

Volatility (1Y)

Calculated over the trailing 1-year period

4.00%

4.27%

-0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.31%

4.87%

+0.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.13%

4.87%

+4.26%

ICPB.TO vs. DXBB.TO - Expense Ratio Comparison

ICPB.TO has a 0.64% expense ratio, which is higher than DXBB.TO's 0.33% expense ratio.

Dividends

ICPB.TO vs. DXBB.TO - Dividend Comparison

ICPB.TO's dividend yield for the trailing twelve months is around 4.63%, more than DXBB.TO's 4.28% yield.

PositionTTM20252024202320222021202020192018
DXBB.TO
Dynamic Active Bond ETF		4.28%4.24%0.89%0.00%0.00%0.00%0.00%0.00%0.00%
ICPB.TO
IA Clarington Agile Core Plus Bond Fund Series ETF		4.63%4.19%4.69%4.25%4.45%3.03%2.86%2.82%0.19%

Frequently Asked Questions

ICPB.TO and DXBB.TO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DXBB.TO is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DXBB.TO is cheaper with a 0.33% expense ratio, compared with 0.64% for ICPB.TO.

They also come from different issuers: IA Clarington Investments Inc. and Dynamic. Their fees differ too: 0.64% for ICPB.TO and 0.33% for DXBB.TO.

Portfolio Optimizer

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