VDU.TO vs. DRFG.TO

Last updated Jul 18, 2026

VDU.TO (Vanguard FTSE Developed All Cap ex U.S. Index ETF) and DRFG.TO (Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF) are both Global Equities funds. VDU.TO is passively managed, while DRFG.TO is actively managed. Over the past 5 years, VDU.TO returned 11.41%/yr vs 13.44%/yr for DRFG.TO. At a 0.48 correlation, their price movements are largely independent.

Performance

VDU.TO vs. DRFG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) and Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VDU.TO having a 14.55% return and DRFG.TO slightly lower at 13.90%.

VDU.TO

• 1D: -0.53%
• 1M: -3.32%
• 6M: 8.36%
• YTD: 14.55%
• 1Y: 28.01%
• 3Y*: 18.90%
• 5Y*: 11.41%
• 10Y*: 10.20%

DRFG.TO

• 1D: -0.94%
• 1M: -1.27%
• 6M: 10.30%
• YTD: 13.90%
• 1Y: 29.11%
• 3Y*: 23.18%
• 5Y*: 13.44%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VDU.TO vs. DRFG.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	14.55%	27.97%	11.37%	14.56%	-9.89%	10.22%	7.06%	7.30%
DRFG.TO Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF	13.90%	24.31%	26.78%	12.68%	-12.16%	17.99%	7.88%	8.78%

Correlation

The correlation between VDU.TO and DRFG.TO is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 6, 2019	0.48

Over the past year, VDU.TO and DRFG.TO have become more correlated (0.73) than their long-term average of 0.48, meaning their price movements have been converging.

Return for Risk

VDU.TO vs. DRFG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VDU.TO

VDU.TO Risk / Return Rank: 67
VDU.TO Sharpe Ratio Rank: 69
VDU.TO Sortino Ratio Rank: 66
VDU.TO Omega Ratio Rank: 69
VDU.TO Calmar Ratio Rank: 62
VDU.TO Martin Ratio Rank: 69

DRFG.TO

DRFG.TO Risk / Return Rank: 87
DRFG.TO Sharpe Ratio Rank: 89
DRFG.TO Sortino Ratio Rank: 88
DRFG.TO Omega Ratio Rank: 87
DRFG.TO Calmar Ratio Rank: 85
DRFG.TO Martin Ratio Rank: 87

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.

VDU.TO vs. DRFG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) and Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.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.

	VDU.TO	DRFG.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.76	2.25	-0.49
Sortino ratio: Return per unit of downside risk	2.43	3.14	-0.72
Omega ratio: Gain probability vs. loss probability	1.32	1.41	-0.09
Calmar ratio: Return relative to maximum drawdown	2.45	3.48	-1.03
Martin ratio: Return relative to average drawdown	9.74	13.73	-3.98

VDU.TO vs. DRFG.TO - Sharpe Ratio Comparison

The current VDU.TO Sharpe Ratio is 1.76, which is comparable to the DRFG.TO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of VDU.TO and DRFG.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.

Drawdowns

VDU.TO vs. DRFG.TO - Drawdown Comparison

The maximum VDU.TO drawdown since its inception was -29.19%, which is greater than DRFG.TO's maximum drawdown of -27.73%. Use the drawdown chart below to compare losses from any high point for VDU.TO and DRFG.TO.

Drawdown Indicators

	VDU.TO	DRFG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-27.73%	-1.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.47%	-8.40%	-3.07%
Max Drawdown (3Y) Largest decline over 3 years	-14.02%	-16.44%	+2.42%
Max Drawdown (5Y) Largest decline over 5 years	-24.11%	-21.09%	-3.02%
Max Drawdown (10Y) Largest decline over 10 years	-29.19%	—	—
Current Drawdown Current decline from peak	-4.80%	-2.91%	-1.89%
Average Drawdown Average peak-to-trough decline	-4.64%	-4.62%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.13%	+0.75%

Volatility

VDU.TO vs. DRFG.TO - Volatility Comparison

Vanguard FTSE Developed All Cap ex U.S. Index ETF (VDU.TO) has a higher volatility of 4.78% compared to Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.TO) at 3.31%. This indicates that VDU.TO's price experiences larger fluctuations and is considered to be riskier than DRFG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDU.TO	DRFG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	3.31%	+1.47%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	10.85%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	15.98%	12.99%	+2.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.80%	12.73%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	14.24%	+0.40%

Dividends

VDU.TO vs. DRFG.TO - Dividend Comparison

VDU.TO's dividend yield for the trailing twelve months is around 2.05%, more than DRFG.TO's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRFG.TO Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF	1.57%	2.14%	1.40%	1.49%	1.58%	1.37%	1.59%	1.68%	0.00%	0.00%	0.00%	0.00%
VDU.TO Vanguard FTSE Developed All Cap ex U.S. Index ETF	2.05%	2.61%	2.55%	2.54%	2.14%	2.66%	1.64%	2.48%	2.61%	2.25%	2.41%	2.24%

Frequently Asked Questions

Can I hold both VDU.TO and DRFG.TO in my portfolio?

VDU.TO and DRFG.TO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between VDU.TO and DRFG.TO?

They also come from different issuers: Vanguard and Desjardins.