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GMOV vs. XDIV.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GMOV vs. XDIV.TO

Last updated Apr 2, 2026

Compare and contrast key facts about GMO U.S. Value ETF (GMOV) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO).

GMOV and XDIV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GMOV is a passively managed fund by GMO that tracks the performance of the MSCI USA Value (Gross). It was launched on Oct 28, 2024. XDIV.TO is a passively managed fund by iShares that tracks the performance of the MSCI Canada High Dividend Yield 10% Security Capped Index. It was launched on Jun 12, 2017. Both GMOV and XDIV.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.

Performance

GMOV vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMO U.S. Value ETF (GMOV) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO). The values are adjusted to include any dividend payments, if applicable.

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GMOV vs. XDIV.TO - Yearly Performance Comparison

2026 (YTD)20252024
GMOV
GMO U.S. Value ETF		2.77%14.81%-1.27%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		6.64%30.91%-4.30%
Different Trading Currencies

GMOV is traded in USD, while XDIV.TO is traded in CAD. To make them comparable, the XDIV.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GMOV achieves a 2.77% return, which is significantly lower than XDIV.TO's 6.92% return.

GMOV

1D
-0.06%
1M
-3.28%
YTD
2.77%
6M
7.12%
1Y
17.39%
3Y*
—
5Y*
—
10Y*
—

XDIV.TO

1D
0.00%
1M
0.24%
YTD
6.92%
6M
14.11%
1Y
30.97%
3Y*
19.05%
5Y*
13.43%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

GMO U.S. Value ETF

iShares Core MSCI Canadian Quality Dividend Index ETF

Often compared with GMOV:
GMOV vs. QLTIGMOV vs. ZVC.TOGMOV vs. DIVZGMOV vs. ELCVGMOV vs. GCOWGMOV vs. CSTKGMOV vs. FDL
Often compared with XDIV.TO:
XDIV.TO vs. VDY.TOXDIV.TO vs. XEI.TOXDIV.TO vs. XDV.TOXDIV.TO vs. XEQT.TOXDIV.TO vs. HDIV.TOXDIV.TO vs. XIU.TOXDIV.TO vs. CDZ.TO

GMOV vs. XDIV.TO - Expense Ratio Comparison

GMOV has a 0.50% expense ratio, which is higher than XDIV.TO's 0.11% expense ratio.

GMOV
GMO U.S. Value ETF
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF

Return for Risk

GMOV vs. XDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GMOV
GMOV Risk / Return Rank: 5555
Overall Rank
GMOV Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
GMOV Sortino Ratio Rank: 5959
Sortino Ratio Rank
GMOV Omega Ratio Rank: 5757
Omega Ratio Rank
GMOV Calmar Ratio Rank: 4646
Calmar Ratio Rank
GMOV Martin Ratio Rank: 5454
Martin Ratio Rank
XDIV.TO
XDIV.TO Risk / Return Rank: 9393
Overall Rank
XDIV.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
XDIV.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
XDIV.TO Omega Ratio Rank: 9797
Omega Ratio Rank
XDIV.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
XDIV.TO Martin Ratio Rank: 9393
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.

GMOV vs. XDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Value ETF (GMOV) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.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.

GMOVXDIV.TODifference

Sharpe ratio

Return per unit of total volatility

1.09

2.73

-1.65

Sortino ratio

Return per unit of downside risk

1.61

3.47

-1.86

Omega ratio

Gain probability vs. loss probability

1.23

1.59

-0.36

Calmar ratio

Return relative to maximum drawdown

1.40

3.21

-1.81

Martin ratio

Return relative to average drawdown

6.04

19.35

-13.31

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

GMOV vs. XDIV.TO - Sharpe Ratio Comparison

The current GMOV Sharpe Ratio is 1.09, which is lower than the XDIV.TO Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GMOV and XDIV.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GMOVXDIV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

2.73

-1.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.95

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.74

0.59

+0.15

Correlation

The correlation between GMOV and XDIV.TO is 0.58, 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.

Dividends

GMOV vs. XDIV.TO - Dividend Comparison

GMOV's dividend yield for the trailing twelve months is around 2.17%, less than XDIV.TO's 3.60% yield.

TTM202520242023202220212020201920182017
GMOV
GMO U.S. Value ETF		2.17%1.98%0.30%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		3.60%3.81%4.29%4.20%3.95%3.58%4.58%4.02%4.85%1.82%

Drawdowns

GMOV vs. XDIV.TO - Drawdown Comparison

The maximum GMOV drawdown since its inception was -16.71%, smaller than the maximum XDIV.TO drawdown of -46.49%. Use the drawdown chart below to compare losses from any high point for GMOV and XDIV.TO.

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Drawdown Indicators

GMOVXDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.71%

-41.30%

+24.59%

Max Drawdown (1Y)

Largest decline over 1 year

-12.18%

-10.53%

-1.65%

Max Drawdown (5Y)

Largest decline over 5 years

—

-17.60%

—

Current Drawdown

Current decline from peak

-4.38%

-0.38%

-4.00%

Average Drawdown

Average peak-to-trough decline

-3.08%

-4.32%

+1.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.82%

2.02%

+0.80%

Volatility

GMOV vs. XDIV.TO - Volatility Comparison

GMO U.S. Value ETF (GMOV) has a higher volatility of 3.27% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.58%. This indicates that GMOV's price experiences larger fluctuations and is considered to be riskier than XDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GMOVXDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.27%

2.58%

+0.69%

Volatility (6M)

Calculated over the trailing 6-month period

8.08%

6.55%

+1.53%

Volatility (1Y)

Calculated over the trailing 1-year period

16.07%

11.43%

+4.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.49%

14.18%

+1.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.49%

19.37%

-3.88%