Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | Dividend, Large Cap Value Equities | 25% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | Canada Equities | 25% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | Canada Equities | 25% |
XIU.TO iShares S&P/TSX 60 Index ETF | Large Cap Growth Equities | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Canada XIU XEI XDIV etc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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The earliest data available for this chart is Jun 15, 2017, corresponding to the inception date of XDIV.TO
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.26% | 4.84% | 2.86% | 6.22% | 33.47% | 19.26% | 10.96% | 12.89% |
Portfolio Canada XIU XEI XDIV etc | 0.00% | 3.24% | 10.62% | 18.44% | 44.06% | 18.96% | 13.18% | — |
| Portfolio components: | ||||||||
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 0.00% | 3.70% | 11.00% | 19.72% | 40.30% | 18.85% | 13.88% | — |
XIU.TO iShares S&P/TSX 60 Index ETF | 0.00% | 3.62% | 7.51% | 15.29% | 42.41% | 19.34% | 12.65% | 11.97% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 0.00% | 3.67% | 8.44% | 16.17% | 46.56% | 20.70% | 12.84% | 11.90% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 0.00% | 1.65% | 15.04% | 22.01% | 46.07% | 16.65% | 13.07% | 11.06% |
Monthly Returns
Based on dividend-adjusted daily data since Jun 16, 2017, Canada XIU XEI XDIV etc's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +14.8%, while the worst month was Mar 2020 at -22.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Canada XIU XEI XDIV etc closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +13.0%, while the worst single day was Mar 12, 2020 at -14.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.25% | 6.32% | -2.53% | 4.39% | 10.62% | ||||||||
| 2025 | 1.78% | 0.85% | 0.30% | 3.43% | 4.90% | 3.42% | 0.07% | 4.86% | 3.26% | 0.04% | 4.31% | 2.03% | 33.27% |
| 2024 | -0.95% | 0.26% | 3.96% | -3.19% | 4.04% | -2.31% | 4.96% | 4.14% | 3.06% | -2.36% | 5.07% | -6.41% | 9.85% |
| 2023 | 8.96% | -4.50% | 0.14% | 3.59% | -5.22% | 5.29% | 2.51% | -4.01% | -3.48% | -5.02% | 9.57% | 6.10% | 12.97% |
| 2022 | 1.55% | 1.07% | 5.25% | -6.72% | 2.24% | -9.54% | 3.81% | -4.10% | -9.49% | 6.58% | 6.44% | -4.87% | -9.37% |
| 2021 | 0.67% | 4.78% | 7.15% | 4.81% | 5.61% | -0.80% | -0.19% | 0.01% | -1.27% | 7.28% | -4.91% | 4.85% | 30.84% |
Benchmark Metrics
Canada XIU XEI XDIV etc has an annualized alpha of 2.37%, beta of 0.80, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since June 16, 2017.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (82.37%) than losses (81.90%) — typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 2.37% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.37%
- Beta
- 0.80
- R²
- 0.62
- Upside Capture
- 82.37%
- Downside Capture
- 81.90%
Expense Ratio
Canada XIU XEI XDIV etc has an expense ratio of 0.14%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Canada XIU XEI XDIV etc ranks 98 for risk / return — in the top 98% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.45 | 2.59 | +1.86 |
Sortino ratioReturn per unit of downside risk | 5.84 | 3.60 | +2.24 |
Omega ratioGain probability vs. loss probability | 1.83 | 1.48 | +0.35 |
Calmar ratioReturn relative to maximum drawdown | 9.03 | 3.33 | +5.70 |
Martin ratioReturn relative to average drawdown | 36.88 | 15.04 | +21.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 98 | 4.93 | 7.01 | 1.99 | 11.99 | 44.51 |
XIU.TO iShares S&P/TSX 60 Index ETF | 89 | 3.34 | 4.26 | 1.60 | 5.52 | 23.35 |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 88 | 3.43 | 4.22 | 1.62 | 5.04 | 21.88 |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 98 | 5.48 | 7.68 | 2.06 | 12.69 | 48.89 |
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Dividends
Dividend yield
Canada XIU XEI XDIV etc provided a 2.92% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.92% | 3.21% | 3.82% | 3.82% | 3.69% | 3.01% | 3.92% | 3.63% | 4.16% | 2.79% | 2.45% | 3.01% |
| Portfolio components: | ||||||||||||
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 3.50% | 3.81% | 4.29% | 4.20% | 3.95% | 3.58% | 4.58% | 4.02% | 4.85% | 1.82% | 0.00% | 0.00% |
XIU.TO iShares S&P/TSX 60 Index ETF | 2.25% | 2.39% | 2.92% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 2.07% | 2.23% | 2.64% | 2.95% | 3.10% | 2.44% | 3.03% | 3.01% | 3.19% | 2.49% | 2.72% | 3.21% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 3.85% | 4.39% | 5.45% | 4.98% | 4.68% | 3.58% | 5.03% | 4.62% | 5.42% | 4.29% | 4.42% | 5.64% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Canada XIU XEI XDIV etc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Canada XIU XEI XDIV etc was 45.23%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.23% | Feb 20, 2020 | 23 | Mar 23, 2020 | 198 | Jan 6, 2021 | 221 |
| -24.63% | Apr 21, 2022 | 120 | Oct 12, 2022 | 463 | Aug 15, 2024 | 583 |
| -20.86% | Jan 8, 2018 | 244 | Dec 24, 2018 | 130 | Jul 3, 2019 | 374 |
| -11.86% | Dec 2, 2024 | 88 | Apr 8, 2025 | 17 | May 2, 2025 | 105 |
| -7.15% | Jun 16, 2021 | 23 | Jul 19, 2021 | 59 | Oct 13, 2021 | 82 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 4 assets, with an effective number of assets of 4.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | XDIV.TO | XEI.TO | XIC.TO | XIU.TO | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.63 | 0.62 | 0.74 | 0.74 | 0.71 |
| XDIV.TO | 0.63 | 1.00 | 0.93 | 0.88 | 0.89 | 0.95 |
| XEI.TO | 0.62 | 0.93 | 1.00 | 0.90 | 0.90 | 0.96 |
| XIC.TO | 0.74 | 0.88 | 0.90 | 1.00 | 0.99 | 0.98 |
| XIU.TO | 0.74 | 0.89 | 0.90 | 0.99 | 1.00 | 0.98 |
| Portfolio | 0.71 | 0.95 | 0.96 | 0.98 | 0.98 | 1.00 |