ZZZD.TO vs. DXU.TO
ZZZD.TO (BMO Tactical Dividend ETF Fund) and DXU.TO (Dynamic Active U.S. Dividend ETF) are both Dividend funds. Both are actively managed. Over the past 5 years, ZZZD.TO returned 7.17%/yr vs 15.31%/yr for DXU.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
ZZZD.TO vs. DXU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ZZZD.TO achieves a 10.86% return, which is significantly lower than DXU.TO's 31.08% return.
ZZZD.TO
- 1D
- -0.90%
- 1M
- 0.59%
- YTD
- 10.86%
- 6M
- 10.11%
- 1Y
- 15.77%
- 3Y*
- 10.20%
- 5Y*
- 7.17%
- 10Y*
- —
DXU.TO
- 1D
- 2.55%
- 1M
- 7.59%
- YTD
- 31.08%
- 6M
- 30.49%
- 1Y
- 38.25%
- 3Y*
- 28.23%
- 5Y*
- 15.31%
- 10Y*
- —
ZZZD.TO vs. DXU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ZZZD.TO BMO Tactical Dividend ETF Fund | 10.86% | 10.01% | 3.96% | 10.10% | -0.86% | 5.24% | -9.74% | 9.67% |
DXU.TO Dynamic Active U.S. Dividend ETF | 31.08% | 9.36% | 38.05% | 9.43% | -14.91% | 14.93% | 24.17% | 16.02% |
Correlation
The correlation between ZZZD.TO and DXU.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2019 | 0.17 |
The correlation between ZZZD.TO and DXU.TO shifts across timeframes, from 0.03 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZZZD.TO vs. DXU.TO — Risk / Return Rank
ZZZD.TO
DXU.TO
ZZZD.TO vs. DXU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Tactical Dividend ETF Fund (ZZZD.TO) 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.
| ZZZD.TO | DXU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.36 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.83 | 4.20 | +1.63 |
| Martin ratioReturn relative to average drawdown | 19.32 | 12.61 | +6.71 |
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Drawdowns
ZZZD.TO vs. DXU.TO - Drawdown Comparison
The maximum ZZZD.TO drawdown since its inception was -22.28%, smaller than the maximum DXU.TO drawdown of -29.23%. Use the drawdown chart below to compare losses from any high point for ZZZD.TO and DXU.TO.
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Drawdown Indicators
| ZZZD.TO | DXU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.28% | -29.23% | +6.95% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -9.15% | +6.43% |
Max Drawdown (3Y)Largest decline over 3 years | -9.21% | -23.80% | +14.59% |
Max Drawdown (5Y)Largest decline over 5 years | -14.72% | -24.83% | +10.11% |
Current DrawdownCurrent decline from peak | -0.90% | 0.00% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -6.64% | +1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 3.04% | -2.22% |
Volatility
ZZZD.TO vs. DXU.TO - Volatility Comparison
The current volatility for BMO Tactical Dividend ETF Fund (ZZZD.TO) is 2.75%, while Dynamic Active U.S. Dividend ETF (DXU.TO) has a volatility of 9.50%. This indicates that ZZZD.TO 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
| ZZZD.TO | DXU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 9.50% | -6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 6.55% | 15.87% | -9.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.44% | 19.78% | -11.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.17% | 18.55% | -7.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.66% | 19.69% | -7.03% |
Dividends
ZZZD.TO vs. DXU.TO - Dividend Comparison
ZZZD.TO's dividend yield for the trailing twelve months is around 3.74%, while DXU.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DXU.TO Dynamic Active U.S. Dividend ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% |
ZZZD.TO BMO Tactical Dividend ETF Fund | 3.74% | 4.07% | 4.29% | 4.28% | 4.51% | 4.27% | 4.09% | 3.11% | 0.00% | 0.00% |
Frequently Asked Questions
ZZZD.TO and DXU.TO have a correlation of 0.14, 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: BMO and Dynamic.
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