TUSB.TO vs. DXO.TO
TUSB.TO (TD Select U.S. Short Term Corporate Bond Ladder ETF) and DXO.TO (Dynamic Active Crossover Bond ETF) are both exchange-traded funds - TUSB.TO is a Short-Term Bond fund actively managed by TD, while DXO.TO is a Corporate Bonds fund actively managed by Dynamic. Both are actively managed. Over the past 5 years, TUSB.TO returned 5.43%/yr vs 2.76%/yr for DXO.TO. At a 0.02 correlation, their price movements are largely independent.
Performance
TUSB.TO vs. DXO.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TUSB.TO achieves a 3.49% return, which is significantly higher than DXO.TO's 1.76% return.
TUSB.TO
- 1D
- 0.07%
- 1M
- 0.41%
- 6M
- 1.98%
- YTD
- 3.49%
- 1Y
- 7.08%
- 3Y*
- 8.06%
- 5Y*
- 5.43%
- 10Y*
- —
DXO.TO
- 1D
- -0.10%
- 1M
- -0.19%
- 6M
- 1.40%
- YTD
- 1.76%
- 1Y
- 5.58%
- 3Y*
- 7.17%
- 5Y*
- 2.76%
- 10Y*
- —
TUSB.TO vs. DXO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TUSB.TO TD Select U.S. Short Term Corporate Bond Ladder ETF | 3.49% | 2.39% | 14.59% | 3.52% | 1.39% | -2.53% | 3.22% | 1.54% | 3.47% |
DXO.TO Dynamic Active Crossover Bond ETF | 1.76% | 6.82% | 6.51% | 11.28% | -12.16% | 5.03% | 10.15% | 12.26% | -0.14% |
Correlation
The correlation between TUSB.TO and DXO.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2018 | 0.02 |
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
TUSB.TO vs. DXO.TO — Risk / Return Rank
TUSB.TO
DXO.TO
TUSB.TO vs. DXO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO) and Dynamic Active Crossover Bond ETF (DXO.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.
| TUSB.TO | DXO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.36 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.32 | -0.36 |
| Martin ratioReturn relative to average drawdown | 4.96 | 10.03 | -5.06 |
Loading charts...
Drawdowns
TUSB.TO vs. DXO.TO - Drawdown Comparison
The maximum TUSB.TO drawdown since its inception was -11.97%, smaller than the maximum DXO.TO drawdown of -17.61%. Use the drawdown chart below to compare losses from any high point for TUSB.TO and DXO.TO.
Loading charts...
Drawdown Indicators
| TUSB.TO | DXO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.97% | -17.61% | +5.64% |
Max Drawdown (1Y)Largest decline over 1 year | -3.62% | -2.41% | -1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -5.20% | -3.78% | -1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -7.56% | -15.91% | +8.35% |
Current DrawdownCurrent decline from peak | -1.30% | -0.61% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -2.94% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 0.56% | +0.87% |
Volatility
TUSB.TO vs. DXO.TO - Volatility Comparison
TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO) has a higher volatility of 1.22% compared to Dynamic Active Crossover Bond ETF (DXO.TO) at 0.92%. This indicates that TUSB.TO's price experiences larger fluctuations and is considered to be riskier than DXO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TUSB.TO | DXO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 0.92% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.37% | 2.65% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 3.34% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 5.63% | +0.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.72% | 7.73% | -1.01% |
Dividends
TUSB.TO vs. DXO.TO - Dividend Comparison
TUSB.TO's dividend yield for the trailing twelve months is around 4.57%, less than DXO.TO's 5.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DXO.TO Dynamic Active Crossover Bond ETF | 5.32% | 5.55% | 5.61% | 5.65% | 5.29% | 4.15% | 4.20% | 3.96% | 4.31% | 2.15% |
TUSB.TO TD Select U.S. Short Term Corporate Bond Ladder ETF | 4.57% | 5.05% | 4.92% | 5.35% | 3.54% | 3.43% | 5.07% | 4.48% | 0.55% | 0.00% |
Frequently Asked Questions
TUSB.TO and DXO.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TUSB.TO is categorized as Short-Term Bond, while DXO.TO is Corporate Bonds. They also come from different issuers: TD and Dynamic.
Find the right allocation for TUSB.TO and DXO.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