CYH.TO vs. ZDIVX
Compare and contrast key facts about iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and Zacks Dividend Fund (ZDIVX).
CYH.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jan 15, 2008. ZDIVX is managed by Zacks. It was launched on Jan 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CYH.TO or ZDIVX.
Key characteristics
| CYH.TO | ZDIVX | |
|---|---|---|
| YTD Return | 16.31% | 21.35% |
| 1Y Return | 26.74% | 26.83% |
| 3Y Return (Ann) | 6.39% | 4.43% |
| 5Y Return (Ann) | 5.55% | 6.98% |
| 10Y Return (Ann) | 6.19% | 6.89% |
| Sharpe Ratio | 2.63 | 2.58 |
| Sortino Ratio | 3.76 | 3.43 |
| Omega Ratio | 1.48 | 1.49 |
| Calmar Ratio | 2.35 | 2.23 |
| Martin Ratio | 17.51 | 15.38 |
| Ulcer Index | 1.60% | 1.83% |
| Daily Std Dev | 10.63% | 10.90% |
| Max Drawdown | -61.47% | -35.27% |
| Current Drawdown | -0.64% | -0.11% |
Correlation
The correlation between CYH.TO and ZDIVX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CYH.TO vs. ZDIVX - Performance Comparison
In the year-to-date period, CYH.TO achieves a 16.31% return, which is significantly lower than ZDIVX's 21.35% return. Over the past 10 years, CYH.TO has underperformed ZDIVX with an annualized return of 6.19%, while ZDIVX has yielded a comparatively higher 6.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CYH.TO vs. ZDIVX - Expense Ratio Comparison
CYH.TO has a 0.66% expense ratio, which is lower than ZDIVX's 1.30% expense ratio.
Risk-Adjusted Performance
CYH.TO vs. ZDIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and Zacks Dividend Fund (ZDIVX). 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
CYH.TO vs. ZDIVX - Dividend Comparison
CYH.TO's dividend yield for the trailing twelve months is around 4.23%, more than ZDIVX's 1.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CYH.TO iShares Global Monthly Dividend Index ETF (CAD-Hedged) | 4.23% | 4.72% | 4.76% | 3.92% | 4.54% | 4.04% | 4.02% | 3.05% | 3.42% | 3.87% | 3.33% | 25.06% |
ZDIVX Zacks Dividend Fund | 1.46% | 2.08% | 1.70% | 1.21% | 2.19% | 1.65% | 1.86% | 1.31% | 1.60% | 1.84% | 0.91% | 0.00% |
Drawdowns
CYH.TO vs. ZDIVX - Drawdown Comparison
The maximum CYH.TO drawdown since its inception was -61.47%, which is greater than ZDIVX's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for CYH.TO and ZDIVX. For additional features, visit the drawdowns tool.
Volatility
CYH.TO vs. ZDIVX - Volatility Comparison
iShares Global Monthly Dividend Index ETF (CAD-Hedged) (CYH.TO) and Zacks Dividend Fund (ZDIVX) have volatilities of 3.58% and 3.53%, 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.