HDIV.L vs. XDIV.TO
Compare and contrast key facts about Henderson Diversified Income Ltd (HDIV.L) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDIV.L or XDIV.TO.
Key characteristics
| HDIV.L | XDIV.TO | |
|---|---|---|
| YTD Return | -75.03% | 18.67% |
| 1Y Return | -72.03% | 21.61% |
| 3Y Return (Ann) | -39.49% | 12.36% |
| 5Y Return (Ann) | -24.64% | 10.86% |
| Sharpe Ratio | -0.93 | 2.00 |
| Daily Std Dev | 77.62% | 10.61% |
| Max Drawdown | -80.18% | -41.29% |
| Current Drawdown | -77.66% | 0.00% |
Correlation
The correlation between HDIV.L and XDIV.TO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HDIV.L vs. XDIV.TO - Performance Comparison
In the year-to-date period, HDIV.L achieves a -75.03% return, which is significantly lower than XDIV.TO's 18.67% 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
HDIV.L vs. XDIV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Henderson Diversified Income Ltd (HDIV.L) 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.
Dividends
HDIV.L vs. XDIV.TO - Dividend Comparison
HDIV.L's dividend yield for the trailing twelve months is around 9.52%, more than XDIV.TO's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDIV.L Henderson Diversified Income Ltd | 9.52% | 6.29% | 6.27% | 5.29% | 4.78% | 4.68% | 5.49% | 5.04% | 5.68% | 5.70% | 5.59% | 5.67% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 4.47% | 4.42% | 4.15% | 3.76% | 4.82% | 4.22% | 5.10% | 1.91% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HDIV.L vs. XDIV.TO - Drawdown Comparison
The maximum HDIV.L drawdown since its inception was -80.18%, which is greater than XDIV.TO's maximum drawdown of -41.29%. Use the drawdown chart below to compare losses from any high point for HDIV.L and XDIV.TO. For additional features, visit the drawdowns tool.
Volatility
HDIV.L vs. XDIV.TO - Volatility Comparison
Henderson Diversified Income Ltd (HDIV.L) has a higher volatility of 4.32% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.98%. This indicates that HDIV.L'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.