HXT.TO vs. XDV.TO
HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and XDV.TO (iShares Canadian Select Dividend Index ETF) are both Canada Equities funds - HXT.TO tracks the S&P/TSX 60 Index while XDV.TO tracks the Morningstar Canada GR CAD. Both are passively managed. Over the past 10 years, HXT.TO returned 12.71%/yr vs 11.99%/yr for XDV.TO. Their correlation of 0.82 suggests significant overlap in exposure. HXT.TO charges 0.07%/yr vs 0.55%/yr for XDV.TO.
Performance
HXT.TO vs. XDV.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HXT.TO achieves a 10.03% return, which is significantly lower than XDV.TO's 16.45% return. Over the past 10 years, HXT.TO has outperformed XDV.TO with an annualized return of 12.71%, while XDV.TO has yielded a comparatively lower 11.99% annualized return.
HXT.TO
- 1D
- -0.87%
- 1M
- 3.51%
- YTD
- 10.03%
- 6M
- 12.04%
- 1Y
- 31.51%
- 3Y*
- 22.48%
- 5Y*
- 14.43%
- 10Y*
- 12.71%
XDV.TO
- 1D
- -0.09%
- 1M
- 4.74%
- YTD
- 16.45%
- 6M
- 20.26%
- 1Y
- 39.82%
- 3Y*
- 23.34%
- 5Y*
- 13.46%
- 10Y*
- 11.99%
HXT.TO vs. XDV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 10.03% | 28.74% | 20.94% | 12.02% | -6.27% | 28.11% | 5.36% | 22.18% | -7.89% | 9.77% |
XDV.TO iShares Canadian Select Dividend Index ETF | 16.45% | 29.37% | 21.28% | 8.00% | -8.57% | 31.30% | -0.38% | 21.30% | -12.48% | 11.06% |
Correlation
The correlation between HXT.TO and XDV.TO is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010 | 0.82 |
The correlation between HXT.TO and XDV.TO shifts across timeframes, from 0.71 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.
HXT.TO vs. XDV.TO - Sectors Allocation Comparison
Sectors
HXT.TO
XDV.TO
Financial Services
Energy
Basic Materials
Technology
-
Industrials
Consumer Cyclical
Consumer Defensive
Utilities
Communication Services
Real Estate
-
Healthcare
-
-
Financial Services
HXT.TO
XDV.TO
Energy
HXT.TO
XDV.TO
Basic Materials
HXT.TO
XDV.TO
Technology
HXT.TO
XDV.TO
-
Industrials
HXT.TO
XDV.TO
Consumer Cyclical
HXT.TO
XDV.TO
Consumer Defensive
HXT.TO
XDV.TO
Utilities
HXT.TO
XDV.TO
Communication Services
HXT.TO
XDV.TO
Real Estate
HXT.TO
XDV.TO
-
Healthcare
HXT.TO
-
XDV.TO
-
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HXT.TO vs. XDV.TO — Risk / Return Rank
HXT.TO
XDV.TO
HXT.TO vs. XDV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and iShares Canadian Select Dividend Index ETF (XDV.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.
| HXT.TO | XDV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.41 | ||
| Sortino ratioReturn per unit of downside risk | -3.96 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 2.02 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 8.35 | -4.24 |
| Martin ratioReturn relative to average drawdown | 19.10 | 41.42 | -22.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HXT.TO | XDV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 5.11 | -2.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 1.26 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.82 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.59 | +0.11 |
Drawdowns
HXT.TO vs. XDV.TO - Drawdown Comparison
The maximum HXT.TO drawdown since its inception was -35.48%, smaller than the maximum XDV.TO drawdown of -48.56%. Use the drawdown chart below to compare losses from any high point for HXT.TO and XDV.TO.
Loading charts...
Drawdown Indicators
| HXT.TO | XDV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.48% | -48.56% | +13.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -4.79% | -2.92% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -12.99% | +0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -16.33% | -20.52% | +4.19% |
Max Drawdown (10Y)Largest decline over 10 years | -35.48% | -39.08% | +3.60% |
Current DrawdownCurrent decline from peak | -0.87% | -0.18% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -6.78% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 0.96% | +0.69% |
Volatility
HXT.TO vs. XDV.TO - Volatility Comparison
Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a higher volatility of 3.25% compared to iShares Canadian Select Dividend Index ETF (XDV.TO) at 2.79%. This indicates that HXT.TO's price experiences larger fluctuations and is considered to be riskier than XDV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HXT.TO | XDV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 2.79% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 6.53% | +2.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 7.83% | +3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 10.71% | +2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 14.63% | +0.54% |
HXT.TO vs. XDV.TO - Expense Ratio Comparison
HXT.TO has a 0.07% expense ratio, which is lower than XDV.TO's 0.55% expense ratio.
Dividends
HXT.TO vs. XDV.TO - Dividend Comparison
HXT.TO has not paid dividends to shareholders, while XDV.TO's dividend yield for the trailing twelve months is around 3.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDV.TO iShares Canadian Select Dividend Index ETF | 3.36% | 3.46% | 4.34% | 4.62% | 4.49% | 3.82% | 4.78% | 4.21% | 4.92% | 3.65% | 3.91% | 4.75% |
Frequently Asked Questions
HXT.TO and XDV.TO have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HXT.TO is cheaper with a 0.07% expense ratio, compared with 0.55% for XDV.TO.
HXT.TO tracks S&P/TSX 60 Index, while XDV.TO tracks Morningstar Canada GR CAD. They also come from different issuers: Global X and iShares. Their fees differ too: 0.07% for HXT.TO and 0.55% for XDV.TO.
Find the right allocation for HXT.TO and XDV.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