GDV.TO vs. HXQ.TO
Compare and contrast key facts about Global Dividend Growth Split Corp. (GDV.TO) and Horizons NASDAQ-100 Index ETF (HXQ.TO).
HXQ.TO is a passively managed fund by Horizons that tracks the performance of the NASDAQ-100 Index. It was launched on Apr 19, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDV.TO or HXQ.TO.
Key characteristics
| GDV.TO | HXQ.TO | |
|---|---|---|
| YTD Return | 36.25% | 25.72% |
| 1Y Return | 48.98% | 35.36% |
| 3Y Return (Ann) | 7.52% | 11.69% |
| 5Y Return (Ann) | 12.23% | 21.45% |
| Sharpe Ratio | 3.69 | 2.21 |
| Sortino Ratio | 4.79 | 2.95 |
| Omega Ratio | 1.67 | 1.38 |
| Calmar Ratio | 2.33 | 2.81 |
| Martin Ratio | 34.44 | 10.17 |
| Ulcer Index | 1.46% | 3.54% |
| Daily Std Dev | 13.63% | 16.31% |
| Max Drawdown | -58.15% | -31.60% |
| Current Drawdown | -4.68% | -2.21% |
Correlation
The correlation between GDV.TO and HXQ.TO is 0.45, 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
GDV.TO vs. HXQ.TO - Performance Comparison
In the year-to-date period, GDV.TO achieves a 36.25% return, which is significantly higher than HXQ.TO's 25.72% 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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Risk-Adjusted Performance
GDV.TO vs. HXQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Dividend Growth Split Corp. (GDV.TO) and Horizons NASDAQ-100 Index ETF (HXQ.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
GDV.TO vs. HXQ.TO - Dividend Comparison
GDV.TO's dividend yield for the trailing twelve months is around 10.97%, while HXQ.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
GDV.TO Global Dividend Growth Split Corp. | 10.97% | 13.54% | 11.21% | 9.49% | 11.43% | 10.70% | 7.32% |
HXQ.TO Horizons NASDAQ-100 Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GDV.TO vs. HXQ.TO - Drawdown Comparison
The maximum GDV.TO drawdown since its inception was -58.15%, which is greater than HXQ.TO's maximum drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for GDV.TO and HXQ.TO. For additional features, visit the drawdowns tool.
Volatility
GDV.TO vs. HXQ.TO - Volatility Comparison
The current volatility for Global Dividend Growth Split Corp. (GDV.TO) is 4.11%, while Horizons NASDAQ-100 Index ETF (HXQ.TO) has a volatility of 4.51%. This indicates that GDV.TO experiences smaller price fluctuations and is considered to be less risky than HXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.