PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HXDM.TO vs. VIDY.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXDM.TO vs. VIDY.TO

Last updated Jul 16, 2026
Documentation

HXDM.TO (Global X Intl Developed Markets Equity Index Corporate Class ETF) and VIDY.TO (Vanguard FTSE Developed ex North America High Dividend Yield Index ETF) are both exchange-traded funds - HXDM.TO is a International Equity fund tracking the Global X EAFE Futures Roll Index (Total Return), while VIDY.TO is a Foreign Large Cap Equities fund tracking the FTSE Developed ex North America High Dividend Yield Index. Both are passively managed. Over the past 5 years, HXDM.TO returned 10.82%/yr vs 16.23%/yr for VIDY.TO. A 0.79 correlation means they provide meaningful diversification when combined. HXDM.TO charges 0.20%/yr vs 0.31%/yr for VIDY.TO.

Performance

HXDM.TO vs. VIDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, HXDM.TO achieves a 12.68% return, which is significantly lower than VIDY.TO's 16.63% return.

HXDM.TO

1D
0.32%
1M
0.52%
6M
7.52%
YTD
12.68%
1Y
24.37%
3Y*
16.98%
5Y*
10.82%
10Y*
—

VIDY.TO

1D
0.51%
1M
2.74%
6M
12.31%
YTD
16.63%
1Y
34.42%
3Y*
23.44%
5Y*
16.23%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HXDM.TO vs. VIDY.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
HXDM.TO
Global X Intl Developed Markets Equity Index Corporate Class ETF		12.68%24.06%11.07%15.09%-8.78%10.16%4.59%15.19%-8.69%
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		16.63%35.07%11.97%15.46%1.57%14.26%-2.63%12.64%-6.56%

Correlation

The correlation between HXDM.TO and VIDY.TO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.87

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

0.87

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

0.86

Correlation (All Time)
Calculated using the full available price history since Aug 28, 2018

0.79

The correlation between HXDM.TO and VIDY.TO has been stable across timeframes, ranging from 0.79 to 0.87 - a consistent structural relationship.

HXDM.TO vs. VIDY.TO - Sectors Allocation Comparison

Sectors
HXDM.TO
VIDY.TO

Financial Services

16.0%
41.0%

Industrials

14.7%
7.0%

Healthcare

14.4%
9.5%

Consumer Defensive

11.8%
8.6%

Consumer Cyclical

10.2%
7.3%

Technology

8.8%
1.5%

Basic Materials

7.5%
6.8%

Communication Services

6.2%
4.3%

Utilities

3.9%
5.9%

Energy

3.4%
6.7%

Real Estate

3.1%
1.2%

Financial Services

HXDM.TO
16.0%
VIDY.TO
41.0%

Industrials

HXDM.TO
14.7%
VIDY.TO
7.0%

Healthcare

HXDM.TO
14.4%
VIDY.TO
9.5%

Consumer Defensive

HXDM.TO
11.8%
VIDY.TO
8.6%

Consumer Cyclical

HXDM.TO
10.2%
VIDY.TO
7.3%

Technology

HXDM.TO
8.8%
VIDY.TO
1.5%

Basic Materials

HXDM.TO
7.5%
VIDY.TO
6.8%

Communication Services

HXDM.TO
6.2%
VIDY.TO
4.3%

Utilities

HXDM.TO
3.9%
VIDY.TO
5.9%

Energy

HXDM.TO
3.4%
VIDY.TO
6.7%

Real Estate

HXDM.TO
3.1%
VIDY.TO
1.2%

Compare stocks, funds, or ETFs

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

Global X Intl Developed Markets Equity Index Corporate Class ETF

Vanguard FTSE Developed ex North America High Dividend Yield Index ETF

Often compared with HXDM.TO:
HXDM.TO vs. HXS.TOHXDM.TO vs. XEF.TOHXDM.TO vs. HXEM.TOHXDM.TO vs. QDXH.TOHXDM.TO vs. XEQT.TOHXDM.TO vs. VXM.TOHXDM.TO vs. VIU.TO
Often compared with VIDY.TO:
VIDY.TO vs. VDY.TOVIDY.TO vs. VIU.TOVIDY.TO vs. VEQT.TOVIDY.TO vs. VFV.TOVIDY.TO vs. XEF.TOVIDY.TO vs. VEE.TOVIDY.TO vs. VDU.TO

Return for Risk

HXDM.TO vs. VIDY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXDM.TO
HXDM.TO Risk / Return Rank: 5656
Overall Rank
HXDM.TO Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
HXDM.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
HXDM.TO Omega Ratio Rank: 5858
Omega Ratio Rank
HXDM.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
HXDM.TO Martin Ratio Rank: 5858
Martin Ratio Rank
VIDY.TO
VIDY.TO Risk / Return Rank: 8888
Overall Rank
VIDY.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
VIDY.TO Sortino Ratio Rank: 9292
Sortino Ratio Rank
VIDY.TO Omega Ratio Rank: 9292
Omega Ratio Rank
VIDY.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
VIDY.TO Martin Ratio Rank: 8282
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.

HXDM.TO vs. VIDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM.TO) and Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

HXDM.TOVIDY.TODifference
Sharpe ratioReturn per unit of total volatility
1.57
2.61

-1.04

Sortino ratioReturn per unit of downside risk
2.23
3.60

-1.37

Omega ratioGain probability vs. loss probability

1.29

1.48

-0.19

Calmar ratioReturn relative to maximum drawdown

2.15

3.30

-1.15

Martin ratioReturn relative to average drawdown

8.14

12.73

-4.59

HXDM.TO vs. VIDY.TO - Sharpe Ratio Comparison

The current HXDM.TO Sharpe Ratio is 1.57, which is lower than the VIDY.TO Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of HXDM.TO and VIDY.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.

Loading charts...

Drawdowns

HXDM.TO vs. VIDY.TO - Drawdown Comparison

The maximum HXDM.TO drawdown since its inception was -28.43%, smaller than the maximum VIDY.TO drawdown of -31.99%. Use the drawdown chart below to compare losses from any high point for HXDM.TO and VIDY.TO.

Loading charts...

Drawdown Indicators

HXDM.TOVIDY.TODifference

Max Drawdown

Largest peak-to-trough decline

-28.43%

-31.99%

+3.56%

Max Drawdown (1Y)

Largest decline over 1 year

-11.40%

-10.48%

-0.92%

Max Drawdown (3Y)

Largest decline over 3 years

-14.65%

-13.89%

-0.76%

Max Drawdown (5Y)

Largest decline over 5 years

-23.87%

-19.01%

-4.86%

Current Drawdown

Current decline from peak

-2.34%

-0.19%

-2.15%

Average Drawdown

Average peak-to-trough decline

-4.78%

-4.22%

-0.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.00%

2.71%

+0.29%

Volatility

HXDM.TO vs. VIDY.TO - Volatility Comparison

Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM.TO) has a higher volatility of 3.99% compared to Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY.TO) at 2.59%. This indicates that HXDM.TO's price experiences larger fluctuations and is considered to be riskier than VIDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

HXDM.TOVIDY.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.99%

2.59%

+1.40%

Volatility (6M)

Calculated over the trailing 6-month period

13.45%

11.04%

+2.41%

Volatility (1Y)

Calculated over the trailing 1-year period

15.64%

13.33%

+2.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.25%

13.52%

+0.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.43%

16.39%

-0.96%

HXDM.TO vs. VIDY.TO - Expense Ratio Comparison

HXDM.TO has a 0.20% expense ratio, which is lower than VIDY.TO's 0.31% expense ratio.

Dividends

HXDM.TO vs. VIDY.TO - Dividend Comparison

HXDM.TO has not paid dividends to shareholders, while VIDY.TO's dividend yield for the trailing twelve months is around 2.89%.

PositionTTM20252024202320222021202020192018
HXDM.TO
Global X Intl Developed Markets Equity Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		2.89%2.80%3.64%3.91%4.39%3.30%3.36%3.37%0.02%

Frequently Asked Questions

HXDM.TO and VIDY.TO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HXDM.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HXDM.TO is cheaper with a 0.20% expense ratio, compared with 0.31% for VIDY.TO.

HXDM.TO is categorized as International Equity, while VIDY.TO is Foreign Large Cap Equities. HXDM.TO tracks Global X EAFE Futures Roll Index (Total Return), while VIDY.TO tracks FTSE Developed ex North America High Dividend Yield Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.20% for HXDM.TO and 0.31% for VIDY.TO.

Portfolio Optimizer

Find the right allocation for HXDM.TO and VIDY.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer