IDIV-B.TO vs. BLOV.TO
IDIV-B.TO (Manulife Smart International Dividend ETF Unhedged Units) and BLOV.TO (Brompton North American Low Volatility Dividend ETF) are both Dividend funds. Both are actively managed. Over the past 3 years, IDIV-B.TO returned 20.10%/yr vs 12.75%/yr for BLOV.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
IDIV-B.TO vs. BLOV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, IDIV-B.TO achieves a 15.90% return, which is significantly higher than BLOV.TO's 13.38% return.
IDIV-B.TO
- 1D
- 0.80%
- 1M
- 1.41%
- 6M
- 11.15%
- YTD
- 15.90%
- 1Y
- 24.21%
- 3Y*
- 20.10%
- 5Y*
- —
- 10Y*
- —
BLOV.TO
- 1D
- 0.22%
- 1M
- 1.49%
- 6M
- 12.19%
- YTD
- 13.38%
- 1Y
- 19.69%
- 3Y*
- 12.75%
- 5Y*
- 8.19%
- 10Y*
- —
IDIV-B.TO vs. BLOV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IDIV-B.TO Manulife Smart International Dividend ETF Unhedged Units | 15.90% | 30.89% | 11.95% | 12.28% | 7.59% |
BLOV.TO Brompton North American Low Volatility Dividend ETF | 13.38% | 14.08% | 11.35% | -1.53% | 0.51% |
Correlation
The correlation between IDIV-B.TO and BLOV.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022 | 0.19 |
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Return for Risk
IDIV-B.TO vs. BLOV.TO — Risk / Return Rank
IDIV-B.TO
BLOV.TO
IDIV-B.TO vs. BLOV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Smart International Dividend ETF Unhedged Units (IDIV-B.TO) and Brompton North American Low Volatility Dividend ETF (BLOV.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.
| IDIV-B.TO | BLOV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.45 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 3.95 | -1.52 |
| Martin ratioReturn relative to average drawdown | 9.37 | 13.24 | -3.87 |
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Drawdowns
IDIV-B.TO vs. BLOV.TO - Drawdown Comparison
The maximum IDIV-B.TO drawdown since its inception was -13.62%, smaller than the maximum BLOV.TO drawdown of -46.98%. Use the drawdown chart below to compare losses from any high point for IDIV-B.TO and BLOV.TO.
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Drawdown Indicators
| IDIV-B.TO | BLOV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.62% | -46.98% | +33.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -5.23% | -4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -13.62% | -41.86% | +28.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.98% | — |
Current DrawdownCurrent decline from peak | -0.82% | -1.43% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -4.48% | +2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 1.56% | +1.03% |
Volatility
IDIV-B.TO vs. BLOV.TO - Volatility Comparison
The current volatility for Manulife Smart International Dividend ETF Unhedged Units (IDIV-B.TO) is 3.32%, while Brompton North American Low Volatility Dividend ETF (BLOV.TO) has a volatility of 4.96%. This indicates that IDIV-B.TO experiences smaller price fluctuations and is considered to be less risky than BLOV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDIV-B.TO | BLOV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 4.96% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 7.78% | +5.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.38% | 9.20% | +7.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 33.19% | -18.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 30.18% | -15.85% |
Dividends
IDIV-B.TO vs. BLOV.TO - Dividend Comparison
IDIV-B.TO's dividend yield for the trailing twelve months is around 2.92%, less than BLOV.TO's 3.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BLOV.TO Brompton North American Low Volatility Dividend ETF | 3.71% | 4.13% | 4.51% | 4.80% | 4.25% | 3.19% | 2.45% |
IDIV-B.TO Manulife Smart International Dividend ETF Unhedged Units | 2.92% | 3.12% | 3.52% | 1.73% | 0.20% | 0.00% | 0.00% |
Frequently Asked Questions
IDIV-B.TO and BLOV.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Manulife and Brompton.
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