LEAD.TO vs. DIVS.TO
LEAD.TO (Evolve Future Leadership Fund) and DIVS.TO (Evolve Active Canadian Preferred Share Fund) are both exchange-traded funds - LEAD.TO is a Global Equities fund actively managed by Evolve Funds Group Inc., while DIVS.TO is a Actively Managed fund actively managed by Evolve Funds Group Inc.. Both are actively managed. Over the past 5 years, LEAD.TO returned 5.58%/yr vs 6.01%/yr for DIVS.TO. At a 0.15 correlation, their price movements are largely independent. LEAD.TO charges 0.92%/yr vs 0.80%/yr for DIVS.TO.
Performance
LEAD.TO vs. DIVS.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LEAD.TO achieves a -4.13% return, which is significantly lower than DIVS.TO's 5.28% return.
LEAD.TO
- 1D
- -1.14%
- 1M
- 1.87%
- 6M
- -0.68%
- YTD
- -4.13%
- 1Y
- -3.93%
- 3Y*
- 18.17%
- 5Y*
- 5.58%
- 10Y*
- —
- ALL TIME*
- 8.63%
DIVS.TO
- 1D
- -0.38%
- 1M
- 1.93%
- 6M
- 5.70%
- YTD
- 5.28%
- 1Y
- 12.28%
- 3Y*
- 15.03%
- 5Y*
- 6.01%
- 10Y*
- —
- ALL TIME*
- 4.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$83.46K | CA$44.26K | CA$19.33K | |
| CA$5.33K | CA$6.18K | CA$7.84K |
LEAD.TO vs. DIVS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LEAD.TO Evolve Future Leadership Fund | -4.13% | 12.13% | 38.23% | 34.98% | -34.79% | 14.98% | 7.95% |
DIVS.TO Evolve Active Canadian Preferred Share Fund | 5.28% | 14.45% | 20.78% | 5.70% | -15.55% | 19.87% | 9.23% |
Correlation
The correlation between LEAD.TO and DIVS.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2020 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LEAD.TO vs. DIVS.TO — Risk / Return Rank
LEAD.TO
DIVS.TO
LEAD.TO vs. DIVS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Future Leadership Fund (LEAD.TO) and Evolve Active Canadian Preferred Share Fund (DIVS.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.
| LEAD.TO | DIVS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.46 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.52 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 5.59 | -5.74 |
| Martin ratioReturn relative to average drawdown | -0.33 | 21.54 | -21.86 |
Loading charts...
Drawdowns
LEAD.TO vs. DIVS.TO - Drawdown Comparison
The maximum LEAD.TO drawdown since its inception was -39.80%, smaller than the maximum DIVS.TO drawdown of -49.95%. Use the drawdown chart below to compare losses from any high point for LEAD.TO and DIVS.TO.
Loading charts...
Drawdown Indicators
| LEAD.TO | DIVS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.80% | -49.95% | +10.15% |
Max Drawdown (1Y)Largest decline over 1 year | -22.65% | -2.21% | -20.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.65% | -6.50% | -16.15% |
Max Drawdown (5Y)Largest decline over 5 years | -39.80% | -19.80% | -20.00% |
Current DrawdownCurrent decline from peak | -9.30% | -0.76% | -8.54% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -9.00% | -4.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.12% | 0.57% | +9.55% |
Volatility
LEAD.TO vs. DIVS.TO - Volatility Comparison
Evolve Future Leadership Fund (LEAD.TO) has a higher volatility of 5.40% compared to Evolve Active Canadian Preferred Share Fund (DIVS.TO) at 1.46%. This indicates that LEAD.TO's price experiences larger fluctuations and is considered to be riskier than DIVS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LEAD.TO | DIVS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 1.46% | +3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 14.99% | 4.04% | +10.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 5.41% | +13.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.80% | 7.65% | +14.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.02% | 12.79% | +8.23% |
LEAD.TO vs. DIVS.TO - Expense Ratio Comparison
LEAD.TO has a 0.92% expense ratio, which is higher than DIVS.TO's 0.80% expense ratio.
Dividends
LEAD.TO vs. DIVS.TO - Dividend Comparison
LEAD.TO's dividend yield for the trailing twelve months is around 11.67%, more than DIVS.TO's 4.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVS.TO Evolve Active Canadian Preferred Share Fund | 4.94% | 4.92% | 5.30% | 5.89% | 5.87% | 4.70% | 5.37% | 5.00% | 4.70% | 0.68% |
LEAD.TO Evolve Future Leadership Fund | 11.67% | 9.21% | 5.84% | 7.25% | 9.02% | 5.44% | 1.48% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEAD.TO and DIVS.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DIVS.TO is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DIVS.TO is cheaper with a 0.80% expense ratio, compared with 0.92% for LEAD.TO.
LEAD.TO is categorized as Global Equities, while DIVS.TO is Actively Managed. Their fees differ too: 0.92% for LEAD.TO and 0.80% for DIVS.TO.
Find the right allocation for LEAD.TO and DIVS.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer