CASH.TO vs. QDIV
CASH.TO (Global X High Interest Savings ETF) and QDIV (Global X S&P 500 Quality Dividend ETF) are both exchange-traded funds - CASH.TO is a Money Market fund actively managed by Global X, while QDIV is a Dividend fund tracking the S&P 500 Quality High Dividend Index. CASH.TO is actively managed, while QDIV is passively managed. Over the past 3 years, CASH.TO returned 3.60%/yr vs 11.67%/yr for QDIV. At a correlation of -0.00, they often move in opposite directions. CASH.TO charges 0.11%/yr vs 0.20%/yr for QDIV.
Performance
CASH.TO vs. QDIV - Performance Comparison
Loading charts...
Different Trading Currencies
CASH.TO is traded in CAD, while QDIV is traded in USD. To make them comparable, the QDIV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CASH.TO achieves a 0.91% return, which is significantly lower than QDIV's 12.98% return.
CASH.TO
- 1D
- 0.02%
- 1M
- 0.15%
- YTD
- 0.91%
- 6M
- 1.03%
- 1Y
- 2.23%
- 3Y*
- 3.60%
- 5Y*
- —
- 10Y*
- —
QDIV
- 1D
- 1.11%
- 1M
- 6.56%
- YTD
- 12.98%
- 6M
- 10.61%
- 1Y
- 19.42%
- 3Y*
- 11.67%
- 5Y*
- 9.99%
- 10Y*
- —
CASH.TO vs. QDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CASH.TO Global X High Interest Savings ETF | 0.91% | 2.45% | 4.53% | 5.11% | 2.38% | 0.08% |
QDIV Global X S&P 500 Quality Dividend ETF | 12.98% | -1.55% | 19.98% | 2.68% | 5.81% | 5.72% |
Correlation
The correlation between CASH.TO and QDIV is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021 | -0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CASH.TO vs. QDIV — Risk / Return Rank
CASH.TO
QDIV
CASH.TO vs. QDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X High Interest Savings ETF (CASH.TO) and Global X S&P 500 Quality Dividend ETF (QDIV). 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.
| CASH.TO | QDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.12 | ||
| Sortino ratioReturn per unit of downside risk | +23.96 | ||
| Omega ratioGain probability vs. loss probability | 7.03 | 1.25 | +5.78 |
| Calmar ratioReturn relative to maximum drawdown | 113.10 | 2.67 | +110.43 |
| Martin ratioReturn relative to average drawdown | 389.01 | 7.17 | +381.84 |
Loading charts...
Drawdowns
CASH.TO vs. QDIV - Drawdown Comparison
The maximum CASH.TO drawdown since its inception was -0.80%, smaller than the maximum QDIV drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for CASH.TO and QDIV.
Loading charts...
Drawdown Indicators
| CASH.TO | QDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.80% | -35.12% | +34.32% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -6.72% | +6.70% |
Max Drawdown (3Y)Largest decline over 3 years | -0.06% | -15.71% | +15.65% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.71% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -4.70% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 2.51% | -2.50% |
Volatility
CASH.TO vs. QDIV - Volatility Comparison
The current volatility for Global X High Interest Savings ETF (CASH.TO) is 0.08%, while Global X S&P 500 Quality Dividend ETF (QDIV) has a volatility of 3.16%. This indicates that CASH.TO experiences smaller price fluctuations and is considered to be less risky than QDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CASH.TO | QDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 3.16% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.16% | 8.75% | -8.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.24% | 12.51% | -12.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.61% | 16.42% | -15.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.61% | 20.17% | -19.56% |
CASH.TO vs. QDIV - Expense Ratio Comparison
CASH.TO has a 0.11% expense ratio, which is lower than QDIV's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CASH.TO vs. QDIV - Dividend Comparison
CASH.TO's dividend yield for the trailing twelve months is around 2.19%, less than QDIV's 2.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CASH.TO Global X High Interest Savings ETF | 2.19% | 2.53% | 4.37% | 5.05% | 2.30% | 0.10% | 0.00% | 0.00% | 0.00% |
QDIV Global X S&P 500 Quality Dividend ETF | 2.93% | 3.13% | 2.88% | 3.26% | 3.02% | 2.44% | 3.06% | 2.84% | 1.30% |
Frequently Asked Questions
CASH.TO and QDIV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CASH.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CASH.TO is cheaper with a 0.11% expense ratio, compared with 0.20% for QDIV.
CASH.TO is categorized as Money Market, while QDIV is Dividend. Their fees differ too: 0.11% for CASH.TO and 0.20% for QDIV.
Find the right allocation for CASH.TO and QDIV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer