CDZ.TO vs. XUS.TO
Compare and contrast key facts about iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) and iShares Core S&P 500 Index ETF (XUS.TO).
CDZ.TO and XUS.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CDZ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Sep 8, 2006. XUS.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on Apr 10, 2013. Both CDZ.TO and XUS.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDZ.TO or XUS.TO.
Key characteristics
| CDZ.TO | XUS.TO | |
|---|---|---|
| YTD Return | 4.31% | 14.64% |
| 1Y Return | 8.47% | 28.92% |
| 3Y Return (Ann) | 4.66% | 14.55% |
| 5Y Return (Ann) | 7.59% | 14.90% |
| 10Y Return (Ann) | 6.51% | 15.20% |
| Sharpe Ratio | 0.80 | 3.06 |
| Daily Std Dev | 10.79% | 10.02% |
| Max Drawdown | -49.12% | -27.23% |
| Current Drawdown | 0.00% | -0.04% |
Correlation
The correlation between CDZ.TO and XUS.TO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CDZ.TO vs. XUS.TO - Performance Comparison
In the year-to-date period, CDZ.TO achieves a 4.31% return, which is significantly lower than XUS.TO's 14.64% return. Over the past 10 years, CDZ.TO has underperformed XUS.TO with an annualized return of 6.51%, while XUS.TO has yielded a comparatively higher 15.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CDZ.TO vs. XUS.TO - Expense Ratio Comparison
CDZ.TO has a 0.66% expense ratio, which is higher than XUS.TO's 0.09% expense ratio.
Risk-Adjusted Performance
CDZ.TO vs. XUS.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) and iShares Core S&P 500 Index ETF (XUS.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.
Dividends
CDZ.TO vs. XUS.TO - Dividend Comparison
CDZ.TO's dividend yield for the trailing twelve months is around 3.93%, more than XUS.TO's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDZ.TO iShares S&P/TSX Canadian Dividend Aristocrats Index ETF | 3.93% | 3.92% | 3.89% | 3.12% | 3.92% | 3.90% | 4.62% | 3.63% | 3.71% | 3.94% | 7.64% | 3.42% |
XUS.TO iShares Core S&P 500 Index ETF | 1.06% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% | 1.36% | 1.07% |
Drawdowns
CDZ.TO vs. XUS.TO - Drawdown Comparison
The maximum CDZ.TO drawdown since its inception was -49.12%, which is greater than XUS.TO's maximum drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for CDZ.TO and XUS.TO. For additional features, visit the drawdowns tool.
Volatility
CDZ.TO vs. XUS.TO - Volatility Comparison
The current volatility for iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) is 3.06%, while iShares Core S&P 500 Index ETF (XUS.TO) has a volatility of 3.27%. This indicates that CDZ.TO experiences smaller price fluctuations and is considered to be less risky than XUS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.