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CYH.TO vs. XDGH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CYH.TO vs. XDGH.TO

Last updated Jun 5, 2026

CYH.TO (iShares Global Monthly Dividend Index ETF (CAD-Hedged)) and XDGH.TO (iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)) are both Global Equities funds from iShares tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 5 years, CYH.TO returned 8.53%/yr vs 8.24%/yr for XDGH.TO. A 0.62 correlation means they provide meaningful diversification when combined. CYH.TO charges 0.66%/yr vs 0.22%/yr for XDGH.TO.

Performance

CYH.TO vs. XDGH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CYH.TO achieves a 10.22% return, which is significantly higher than XDGH.TO's 7.78% return.

CYH.TO

1D
0.26%
1M
-0.11%
YTD
10.22%
6M
11.20%
1Y
23.68%
3Y*
16.48%
5Y*
8.53%
10Y*
8.21%

XDGH.TO

1D
0.58%
1M
1.83%
YTD
7.78%
6M
9.10%
1Y
18.19%
3Y*
13.27%
5Y*
8.24%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CYH.TO vs. XDGH.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CYH.TO
iShares Global Monthly Dividend Index ETF (CAD-Hedged)		10.22%18.77%12.29%3.84%-2.47%23.43%-8.71%14.38%-6.21%2.77%
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		7.78%14.60%10.46%8.74%-1.32%15.60%-4.34%22.32%-4.99%2.63%

Correlation

The correlation between CYH.TO and XDGH.TO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.67

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (5Y)
Calculated over the trailing 5-year period

0.62

Correlation (All Time)
Calculated using the full available price history since Oct 4, 2017

0.62

The correlation between CYH.TO and XDGH.TO has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

CYH.TO vs. XDGH.TO - Sectors Allocation Comparison

Sectors
CYH.TO
XDGH.TO

Financial Services

23.4%
13.2%

Utilities

15.9%
5.6%

Energy

14.2%
10.3%

Consumer Defensive

11.9%
14.8%

Consumer Cyclical

8.4%
9.4%

Communication Services

8.2%
3.3%

Healthcare

5.1%
16.9%

Industrials

4.9%
12.6%

Basic Materials

3.6%
2.4%

Technology

3.4%
9.6%

Real Estate

1.1%
0.2%

Financial Services

CYH.TO
23.4%
XDGH.TO
13.2%

Utilities

CYH.TO
15.9%
XDGH.TO
5.6%

Energy

CYH.TO
14.2%
XDGH.TO
10.3%

Consumer Defensive

CYH.TO
11.9%
XDGH.TO
14.8%

Consumer Cyclical

CYH.TO
8.4%
XDGH.TO
9.4%

Communication Services

CYH.TO
8.2%
XDGH.TO
3.3%

Healthcare

CYH.TO
5.1%
XDGH.TO
16.9%

Industrials

CYH.TO
4.9%
XDGH.TO
12.6%

Basic Materials

CYH.TO
3.6%
XDGH.TO
2.4%

Technology

CYH.TO
3.4%
XDGH.TO
9.6%

Real Estate

CYH.TO
1.1%
XDGH.TO
0.2%

Compare stocks, funds, or ETFs

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iShares Global Monthly Dividend Index ETF (CAD-Hedged)

iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)

Often compared with CYH.TO:
CYH.TO vs. XDG.TOCYH.TO vs. CUD.TOCYH.TO vs. VDY.TOCYH.TO vs. XEI.TOCYH.TO vs. ZDIVXCYH.TO vs. XDIV.TOCYH.TO vs. VEQT.TO
Often compared with XDGH.TO:
XDGH.TO vs. XDG.TOXDGH.TO vs. XHD.TOXDGH.TO vs. XEQT.TOXDGH.TO vs. XDUH.TOXDGH.TO vs. VFV.TOXDGH.TO vs. VIDY.TOXDGH.TO vs. ACWV

Return for Risk

CYH.TO vs. XDGH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CYH.TO
CYH.TO Risk / Return Rank: 7979
Overall Rank
CYH.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
CYH.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
CYH.TO Omega Ratio Rank: 7474
Omega Ratio Rank
CYH.TO Calmar Ratio Rank: 8484
Calmar Ratio Rank
CYH.TO Martin Ratio Rank: 8484
Martin Ratio Rank
XDGH.TO
XDGH.TO Risk / Return Rank: 5656
Overall Rank
XDGH.TO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
XDGH.TO Sortino Ratio Rank: 6161
Sortino Ratio Rank
XDGH.TO Omega Ratio Rank: 5555
Omega Ratio Rank
XDGH.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
XDGH.TO Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CYH.TO vs. XDGH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.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.

CYH.TOXDGH.TODifference
Sharpe ratioReturn per unit of total volatility
2.39
1.89

+0.50

Sortino ratioReturn per unit of downside risk
3.38
2.85

+0.53

Omega ratioGain probability vs. loss probability

1.43

1.34

+0.10

Calmar ratioReturn relative to maximum drawdown

4.45

2.86

+1.59

Martin ratioReturn relative to average drawdown

17.05

8.50

+8.55

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CYH.TO vs. XDGH.TO - Sharpe Ratio Comparison

The current CYH.TO Sharpe Ratio is 2.39, which is comparable to the XDGH.TO Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of CYH.TO and XDGH.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CYH.TOXDGH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

1.89

+0.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

0.68

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.54

-0.22

Drawdowns

CYH.TO vs. XDGH.TO - Drawdown Comparison

The maximum CYH.TO drawdown since its inception was -61.48%, which is greater than XDGH.TO's maximum drawdown of -32.99%. Use the drawdown chart below to compare losses from any high point for CYH.TO and XDGH.TO.

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Drawdown Indicators

CYH.TOXDGH.TODifference

Max Drawdown

Largest peak-to-trough decline

-61.48%

-32.99%

-28.49%

Max Drawdown (1Y)

Largest decline over 1 year

-5.34%

-6.38%

+1.04%

Max Drawdown (3Y)

Largest decline over 3 years

-12.13%

-11.96%

-0.17%

Max Drawdown (5Y)

Largest decline over 5 years

-17.67%

-14.56%

-3.11%

Max Drawdown (10Y)

Largest decline over 10 years

-42.30%

—

—

Current Drawdown

Current decline from peak

-1.30%

-1.68%

+0.38%

Average Drawdown

Average peak-to-trough decline

-9.94%

-3.63%

-6.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.39%

2.15%

-0.76%

Volatility

CYH.TO vs. XDGH.TO - Volatility Comparison

iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO) have volatilities of 2.62% and 2.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CYH.TOXDGH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.62%

2.51%

+0.11%

Volatility (6M)

Calculated over the trailing 6-month period

7.13%

6.86%

+0.27%

Volatility (1Y)

Calculated over the trailing 1-year period

9.96%

9.69%

+0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.58%

12.13%

+1.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.02%

14.60%

+2.42%

CYH.TO vs. XDGH.TO - Expense Ratio Comparison

CYH.TO has a 0.66% expense ratio, which is higher than XDGH.TO's 0.22% expense ratio.

Dividends

CYH.TO vs. XDGH.TO - Dividend Comparison

CYH.TO's dividend yield for the trailing twelve months is around 3.33%, more than XDGH.TO's 2.79% yield.

PositionTTM20252024202320222021202020192018201720162015
CYH.TO
iShares Global Monthly Dividend Index ETF (CAD-Hedged)		3.33%3.77%4.33%4.68%4.72%3.89%4.51%4.01%3.98%3.03%3.39%3.84%
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		2.79%2.81%3.04%3.41%3.18%3.05%3.24%2.82%3.29%0.81%0.00%0.00%

Frequently Asked Questions

CYH.TO and XDGH.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XDGH.TO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XDGH.TO is cheaper with a 0.22% expense ratio, compared with 0.66% for CYH.TO.

Both ETFs track Morningstar Gbl GR CAD. Their fees differ too: 0.66% for CYH.TO and 0.22% for XDGH.TO.

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