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Dynamic Active Crossover Bond ETF (DXO : TSX)
High Yield Fixed Income
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FundGrade B
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FundGrade A+® Rating Recipient
2022, 2021, 2020, 2019
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|
Close (06-19-2026) |
$19.61 |
|---|---|
| Change |
-$0.02
(-0.10%)
|
| Open | $19.79 |
|---|---|
| Day Range | $19.65 - $19.79 |
| Volume | 2,185 |
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (January 20, 2017): 4.66%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.80% | 0.35% | 1.75% | 1.70% | 6.66% | 6.72% | 7.69% | 5.56% | 3.15% | 4.94% | 4.76% | 4.95% | 4.41% | - |
| Benchmark | 1.73% | 1.68% | 1.44% | 2.26% | 8.06% | 9.95% | 10.49% | 9.66% | 6.15% | 5.57% | 5.13% | 5.59% | 4.78% | 5.90% |
| Category Average | 0.59% | 1.82% | 1.82% | 1.55% | 5.97% | 6.38% | 6.97% | 5.03% | 2.71% | 4.22% | 3.51% | 3.44% | 3.18% | 3.77% |
| Category Rank | 79 / 253 | 178 / 253 | 101 / 250 | 86 / 251 | 81 / 246 | 92 / 242 | 101 / 236 | 108 / 233 | 116 / 227 | 101 / 219 | 51 / 213 | 39 / 195 | 41 / 185 | - |
| Quartile Ranking | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.77% | 0.13% | 1.04% | 1.09% | 0.39% | 0.31% | 0.05% | 0.55% | 0.80% | -1.43% | 0.99% | 0.80% |
| Benchmark | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% |
Best Monthly Return Since Inception
5.70% (July 2022)
Worst Monthly Return Since Inception
-9.61% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -2.73% | 14.24% | 9.73% | 5.12% | -12.08% | 11.34% | 6.28% | 6.87% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | - | - | 3 | 1 | 1 | 2 | 4 | 1 | 4 | 1 |
| Category Rank | - | - | 96/ 187 | 8/ 211 | 20/ 218 | 81/ 223 | 202/ 230 | 53/ 236 | 190/ 242 | 45/ 243 |
Best Calendar Return (Last 10 years)
14.24% (2019)
Worst Calendar Return (Last 10 years)
-12.08% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 47.93 |
| Canadian Corporate Bonds | 46.01 |
| Cash and Equivalents | 3.58 |
| Foreign Government Bonds | 2.10 |
| US Equity | 0.37 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 96.04 |
| Cash and Cash Equivalent | 3.59 |
| Other | 0.37 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.48 |
| Latin America | 1.27 |
| Asia | 0.80 |
| Europe | 0.45 |
Top Holdings
| Name | Percent |
|---|---|
| Wolf Midstream Canada LP 6.40% 18-Jul-2029 | 3.03 |
| Ford Credit Canada Co 4.82% 11-Sep-2028 | 2.66 |
| TransAlta Corp 5.63% 24-Mar-2032 | 2.45 |
| USD OVERNIGHT DEPOSIT 0.00% 01-Apr-2026 | 2.19 |
| Canadian Imperial Bank of Commerce 5.89% 28-Jan-2086 | 2.14 |
| United States Treasury 3.88% 15-Aug-2034 | 2.10 |
| SECURE Waste Infrastructure Co 6.75% 22-Mar-2029 | 2.10 |
| Rogers Communications Inc 6.25% 31-Jul-2056 | 2.07 |
| Charter Communicatns Oprtg LLC 3.90% 01-Dec-2051 | 1.97 |
| Sunoco LP 4.50% 01-Oct-2029 | 1.96 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Dynamic Active Crossover Bond ETF
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 4.43% | 6.97% | - |
|---|---|---|---|
| Beta | 0.32% | 0.73% | - |
| Alpha | 0.04% | -0.01% | - |
| Rsquared | 0.10% | 0.41% | - |
| Sharpe | 0.89% | 0.06% | - |
| Sortino | 2.21% | 0.07% | - |
| Treynor | 0.12% | 0.01% | - |
| Tax Efficiency | 70.26% | 28.01% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.72% | 4.43% | 6.97% | - |
| Beta | 0.37% | 0.32% | 0.73% | - |
| Alpha | 0.04% | 0.04% | -0.01% | - |
| Rsquared | 0.19% | 0.10% | 0.41% | - |
| Sharpe | 1.52% | 0.89% | 0.06% | - |
| Sortino | 2.06% | 2.21% | 0.07% | - |
| Treynor | 0.11% | 0.12% | 0.01% | - |
| Tax Efficiency | 67.43% | 70.26% | 28.01% | - |
Fund Details
| Start Date | January 20, 2017 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $20.02 |
| 52 Week Low | $18.64 |
| Annual Dividend | $1.05 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
DXO seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and high- yield credit. Exposure to these types of fixed income securities will be obtained by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives.
Investment Strategy
To achieve its objective, DXO will invest primarily in fixed income corporate securities from North America that are close to the line dividing investment grade and high-yield credit in order to take advantage of market dynamics that tend to surround upgrades to investment grade and downgrades from investment grade. These include securities rated between BBB+ and BB- by nationally recognized credit agencies. DXO may also invest in a broader range of fixed income securities. DXO may also (a) inve
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
Fees
| MER | 0.55% |
|---|---|
| Management Fee | 0.50% |
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