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SPDG vs. DXU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPDG vs. DXU.TO

Last updated Jun 24, 2026

SPDG (SPDR Portfolio S&P Sector Neutral Dividend ETF) and DXU.TO (Dynamic Active U.S. Dividend ETF) are both Dividend funds. SPDG is passively managed, while DXU.TO is actively managed. Over the past year, SPDG returned 24.68% vs 38.15% for DXU.TO. At a 0.42 correlation, their price movements are largely independent. SPDG charges 0.05%/yr vs 0.75%/yr for DXU.TO.

Performance

SPDG vs. DXU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) and Dynamic Active U.S. Dividend ETF (DXU.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SPDG is traded in USD, while DXU.TO is traded in CAD. To make them comparable, the DXU.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SPDG achieves a 14.47% return, which is significantly lower than DXU.TO's 23.06% return.

SPDG

1D
-0.52%
1M
-0.52%
YTD
14.47%
6M
13.49%
1Y
24.68%
3Y*
—
5Y*
—
10Y*
—

DXU.TO

1D
-2.18%
1M
6.02%
YTD
23.06%
6M
22.79%
1Y
38.15%
3Y*
24.79%
5Y*
11.68%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPDG vs. DXU.TO - Yearly Performance Comparison

2026 (YTD)202520242023
SPDG
SPDR Portfolio S&P Sector Neutral Dividend ETF		14.47%11.66%20.22%8.09%
DXU.TO
Dynamic Active U.S. Dividend ETF		23.06%14.60%27.28%6.42%

Correlation

The correlation between SPDG and DXU.TO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.30

Correlation (All Time)
Calculated using the full available price history since Sep 12, 2023

0.42

The correlation between SPDG and DXU.TO shifts across timeframes, from 0.30 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

SPDG vs. DXU.TO - Sectors Allocation Comparison

Sectors
SPDG
DXU.TO

Technology

37.4%
25.3%

Financial Services

11.8%
15.5%

Consumer Cyclical

9.3%
8.1%

Healthcare

9.0%
5.0%

Communication Services

8.8%
3.0%

Industrials

8.8%
34.7%

Consumer Defensive

5.1%

-

Energy

3.8%
2.0%

Utilities

2.4%

-

Real Estate

2.2%

-

Basic Materials

1.6%
6.5%

Technology

SPDG
37.4%
DXU.TO
25.3%

Financial Services

SPDG
11.8%
DXU.TO
15.5%

Consumer Cyclical

SPDG
9.3%
DXU.TO
8.1%

Healthcare

SPDG
9.0%
DXU.TO
5.0%

Communication Services

SPDG
8.8%
DXU.TO
3.0%

Industrials

SPDG
8.8%
DXU.TO
34.7%

Consumer Defensive

SPDG
5.1%
DXU.TO

-

Energy

SPDG
3.8%
DXU.TO
2.0%

Utilities

SPDG
2.4%
DXU.TO

-

Real Estate

SPDG
2.2%
DXU.TO

-

Basic Materials

SPDG
1.6%
DXU.TO
6.5%

Compare stocks, funds, or ETFs

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

SPDR Portfolio S&P Sector Neutral Dividend ETF

Dynamic Active U.S. Dividend ETF

Often compared with SPDG:
SPDG vs. SCHDSPDG vs. DIVBSPDG vs. SVAIXSPDG vs. SPYSPDG vs. DGROSPDG vs. SCHGSPDG vs. TLT
Often compared with DXU.TO:
DXU.TO vs. ZDIV.TODXU.TO vs. DXQ.TODXU.TO vs. VDY.TODXU.TO vs. CWIN.TODXU.TO vs. DXBB.TODXU.TO vs. TBNK.TODXU.TO vs. DXMO.TO

Return for Risk

SPDG vs. DXU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPDG
SPDG Risk / Return Rank: 6363
Overall Rank
SPDG Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
SPDG Sortino Ratio Rank: 6666
Sortino Ratio Rank
SPDG Omega Ratio Rank: 6262
Omega Ratio Rank
SPDG Calmar Ratio Rank: 6363
Calmar Ratio Rank
SPDG Martin Ratio Rank: 5959
Martin Ratio Rank
DXU.TO
DXU.TO Risk / Return Rank: 7676
Overall Rank
DXU.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
DXU.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
DXU.TO Omega Ratio Rank: 7373
Omega Ratio Rank
DXU.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
DXU.TO Martin Ratio Rank: 7979
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.

SPDG vs. DXU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) and Dynamic Active U.S. Dividend ETF (DXU.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.

SPDGDXU.TODifference
Sharpe ratioReturn per unit of total volatility
2.00
1.88

+0.12

Sortino ratioReturn per unit of downside risk
2.87
2.46

+0.41

Omega ratioGain probability vs. loss probability

1.35

1.34

+0.02

Calmar ratioReturn relative to maximum drawdown

2.97

4.02

-1.05

Martin ratioReturn relative to average drawdown

9.82

12.58

-2.76

SPDG vs. DXU.TO - Sharpe Ratio Comparison

The current SPDG Sharpe Ratio is 2.00, which is comparable to the DXU.TO Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of SPDG and DXU.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

SPDG vs. DXU.TO - Drawdown Comparison

The maximum SPDG drawdown since its inception was -15.67%, smaller than the maximum DXU.TO drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for SPDG and DXU.TO.

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Drawdown Indicators

SPDGDXU.TODifference

Max Drawdown

Largest peak-to-trough decline

-15.67%

-35.70%

+20.03%

Max Drawdown (1Y)

Largest decline over 1 year

-8.34%

-9.53%

+1.19%

Max Drawdown (3Y)

Largest decline over 3 years

—

-23.32%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-27.50%

—

Current Drawdown

Current decline from peak

-2.56%

-2.57%

+0.01%

Average Drawdown

Average peak-to-trough decline

-2.19%

-8.01%

+5.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.52%

3.04%

-0.52%

Volatility

SPDG vs. DXU.TO - Volatility Comparison

The current volatility for SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is 4.69%, while Dynamic Active U.S. Dividend ETF (DXU.TO) has a volatility of 9.24%. This indicates that SPDG experiences smaller price fluctuations and is considered to be less risky than DXU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPDGDXU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.69%

9.24%

-4.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.65%

16.02%

-6.37%

Volatility (1Y)

Calculated over the trailing 1-year period

12.43%

20.35%

-7.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.21%

19.43%

-5.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.21%

20.57%

-6.36%

SPDG vs. DXU.TO - Expense Ratio Comparison

SPDG has a 0.05% expense ratio, which is lower than DXU.TO's 0.75% expense ratio.

Dividends

SPDG vs. DXU.TO - Dividend Comparison

SPDG's dividend yield for the trailing twelve months is around 2.72%, while DXU.TO has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
DXU.TO
Dynamic Active U.S. Dividend ETF		0.00%0.00%0.00%0.00%0.21%0.00%0.00%0.00%0.00%0.11%
SPDG
SPDR Portfolio S&P Sector Neutral Dividend ETF		2.72%2.87%2.61%0.90%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SPDG and DXU.TO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPDG is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPDG is cheaper with a 0.05% expense ratio, compared with 0.75% for DXU.TO.

They also come from different issuers: State Street and Dynamic. Their fees differ too: 0.05% for SPDG and 0.75% for DXU.TO.

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