NSCE.TO vs. DRCU.TO
NSCE.TO (NBI Sustainable Canadian Equity ETF) and DRCU.TO (Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF) are both Sustainable funds. Both are actively managed. Over the past 5 years, NSCE.TO returned 11.12%/yr vs 0.58%/yr for DRCU.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
NSCE.TO vs. DRCU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NSCE.TO achieves a 9.91% return, which is significantly higher than DRCU.TO's 0.39% return.
NSCE.TO
- 1D
- 0.46%
- 1M
- 3.11%
- 6M
- 10.32%
- YTD
- 9.91%
- 1Y
- 4.34%
- 3Y*
- 13.96%
- 5Y*
- 11.12%
- 10Y*
- —
DRCU.TO
- 1D
- -0.32%
- 1M
- -0.75%
- 6M
- 0.76%
- YTD
- 0.39%
- 1Y
- 4.30%
- 3Y*
- 4.55%
- 5Y*
- 0.58%
- 10Y*
- —
NSCE.TO vs. DRCU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NSCE.TO NBI Sustainable Canadian Equity ETF | 9.91% | 7.84% | 20.43% | 12.78% | -0.27% | 20.35% | 10.51% |
DRCU.TO Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF | 0.39% | 3.11% | 5.29% | 6.29% | -11.24% | -3.01% | 4.27% |
Correlation
The correlation between NSCE.TO and DRCU.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2020 | 0.07 |
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Return for Risk
NSCE.TO vs. DRCU.TO — Risk / Return Rank
NSCE.TO
DRCU.TO
NSCE.TO vs. DRCU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NBI Sustainable Canadian Equity ETF (NSCE.TO) and Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.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.
| NSCE.TO | DRCU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.16 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 1.38 | -0.92 |
| Martin ratioReturn relative to average drawdown | 1.01 | 3.52 | -2.51 |
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Drawdowns
NSCE.TO vs. DRCU.TO - Drawdown Comparison
The maximum NSCE.TO drawdown since its inception was -19.18%, roughly equal to the maximum DRCU.TO drawdown of -18.29%. Use the drawdown chart below to compare losses from any high point for NSCE.TO and DRCU.TO.
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Drawdown Indicators
| NSCE.TO | DRCU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.18% | -18.29% | -0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.52% | -2.61% | -6.91% |
Max Drawdown (3Y)Largest decline over 3 years | -9.52% | -4.71% | -4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | -16.14% | +4.12% |
Current DrawdownCurrent decline from peak | -0.02% | -1.22% | +1.20% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -5.78% | +3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 1.02% | +3.28% |
Volatility
NSCE.TO vs. DRCU.TO - Volatility Comparison
NBI Sustainable Canadian Equity ETF (NSCE.TO) has a higher volatility of 2.02% compared to Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU.TO) at 1.03%. This indicates that NSCE.TO's price experiences larger fluctuations and is considered to be riskier than DRCU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NSCE.TO | DRCU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.02% | 1.03% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 8.17% | 3.19% | +4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 4.33% | +6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.90% | 7.51% | +5.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.87% | 7.72% | +7.15% |
Dividends
NSCE.TO vs. DRCU.TO - Dividend Comparison
NSCE.TO's dividend yield for the trailing twelve months is around 0.93%, less than DRCU.TO's 3.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRCU.TO Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF | 3.43% | 3.43% | 3.27% | 2.62% | 3.34% | 2.87% | 2.69% | 2.67% | 0.71% |
NSCE.TO NBI Sustainable Canadian Equity ETF | 0.93% | 0.89% | 1.00% | 1.14% | 0.90% | 1.06% | 0.69% | 0.00% | 0.00% |
Frequently Asked Questions
NSCE.TO and DRCU.TO have a correlation of 0.12, 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: National Bank Investments and Desjardins.
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