VS
Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR) and Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF (DRCU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HFR focuses its top 3 sector exposures on Finance, Energy, and Telecommunications, while DRCU leans towards Sovereign, Finance, and Municipal. When evaluating costs, HFR features a management fee (MER) of 0.47%, compared to 0.35% for DRCU. Performance-wise, HFR has returned 2.1% year-to-date with +$204 M in net flows, whereas DRCU is at 1% with -$9 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
HFR
DRCU
| AuM | $713.34 M | $47.84 M |
| Management Fees | 0.47% | 0.35% |
| Exp. ratio | 0.49% | 0.40% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HFR | +0.16% | +0.50% | +2.10% | +2.47% | +13.50% |
DRCU | +1.16% | +0.81% | +1.00% | +0.16% | +15.79% | |
| Flows | HFR | +$7 M | +$64 M | +$204 M | +$217 M | +$293 M |
DRCU | +$0 M | +$2 M | -$9 M | -$9 M | +$6 M |
HFR vs DRCU exposure
Countries
HFR
Canada
88.03%
Other
8.09%
DRCU
Canada
85.02%
Other
12.05%
Sectors
HFR
Finance
67.98%
Energy
8.59%
Other
8.09%
Other
15.34%
DRCU
Sovereign
27.28%
Finance
26.24%
Municipal
16.79%
Other
12.05%
Other
17.64%
As of November 11, 2026
Top 10 Holdings
HFR
Federation des caisses Desjardins du Quebec, 5.035% 23aug2032, CAD
2.22%
TransCanada PipeLines, 3.8% 5apr2027, CAD
1.70%
Bank of Montreal, 4.976% 3jul2034, CAD (M)
1.63%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
1.43%
Rogers Communications, 3.65% 31mar2027, CAD
1.39%
Royal Bank of Canada, 3.831% 27mar2030, CAD
1.29%
Bank of Nova Scotia, 3.575% 1may2030, CAD
1.16%
Manulife Financial Corporation, 5.409% 10mar2033, CAD
1.02%
Toronto-Dominion Bank, 5.491% 8sep2028, CAD
0.99%
CIBC, 5.33% 20jan2033, CAD
0.97%
DRCU
Canada, Bonds 3.5% 1sep2029, CAD
8.32%
Canada, Bonds 3.25% 1dec2033, CAD
3.71%
Canada, Bonds 3.25% 1dec2034, CAD
3.22%
Canada, Bonds 3.25% 1jun2036, CAD
2.53%
Canada, Bond 2 1jan2051 30Y
2.29%
Province of Ontario, 4.6% 2jun2039, CAD (DMTN182)
2.17%
Canada, Bond 4 1jun2041 30Y
2.06%
Canada, Bonds 2% 1jun2032, CAD
2.01%
Province of Ontario, 3.45% 2jun2045, CAD (DMTN220)
1.65%
Royal Bank of Canada, 3.572% 9dec2031, CAD
1.65%
Diversification
HFR
Total weight of top 10 holdings out of 293 total
13.80%
DRCU
Total weight of top 10 holdings out of 254 total
29.61%
Characteristics
Compare
HFR
DRCU
| Provider | Global X | Desjardins Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.44% | 3.50% |
| Meets ESG criteria | No | Yes |
| Inception Date | December 8, 2010 | September 27, 2018 |
Frequently asked questions about HFR and DRCU
Which ETF has performed better year to date: HFR or DRCU?
As of November 11, 2026, HFR has returned 2.10% year to date, while DRCU has returned 1.00%. HFR is ahead on YTD performance.
Which ETF is larger by assets under management: HFR or DRCU?
As of November 11, 2026, HFR manages $713.34 M in assets, while DRCU manages $47.84 M. HFR is the larger fund by AUM.
How are HFR and DRCU managed?
HFR is actively managed by Global X. It does not track an index. DRCU is actively managed by Desjardins Investments. It does not track an index.
What sectors do HFR and DRCU emphasize?
HFR is most exposed to Finance, Energy, and Telecommunications. DRCU is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: HFR or DRCU?
Year to date, HFR has seen +$204.32 M in net flows, compared with -$9.43 M for DRCU. HFR has attracted more net investor money so far.
How do the fees of HFR and DRCU compare?
HFR has an expense ratio of 0.49%, while DRCU has an expense ratio of 0.40%.
What are the top holdings of HFR and DRCU?
HFR's largest holdings include Federation des caisses Desjardins du Quebec, 5.035% 23aug2032, CAD and TransCanada PipeLines, 3.8% 5apr2027, CAD. DRCU's top holdings include Canada, Bonds 3.5% 1sep2029, CAD and Canada, Bonds 3.25% 1dec2033, CAD.
Which ETF is more diversified: HFR or DRCU?
HFR holds 281 securities, while DRCU holds 232. On holdings count, HFR is the more diversified portfolio.
Recent articles about HFR and DRCU
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.