KILO-B.TO vs. XDIV.TO

Last updated Jul 18, 2026

KILO-B.TO (Purpose Gold Bullion Fund ETF Non-Currency Hedged) and XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) are both exchange-traded funds - KILO-B.TO is a Gold fund actively managed by Purpose Investments, while XDIV.TO is a Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index. KILO-B.TO is actively managed, while XDIV.TO is passively managed. Over the past 5 years, KILO-B.TO returned 19.32%/yr vs 18.66%/yr for XDIV.TO. At a correlation of -0.01, they often move in opposite directions. KILO-B.TO charges 0.28%/yr vs 0.11%/yr for XDIV.TO.

Performance

KILO-B.TO vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KILO-B.TO achieves a -5.43% return, which is significantly lower than XDIV.TO's 27.54% return.

KILO-B.TO

• 1D: 0.50%
• 1M: -6.18%
• 6M: -12.19%
• YTD: -5.43%
• 1Y: 21.81%
• 3Y*: 28.80%
• 5Y*: 19.32%
• 10Y*: —

XDIV.TO

• 1D: 0.09%
• 1M: 5.19%
• 6M: 24.92%
• YTD: 27.54%
• 1Y: 45.01%
• 3Y*: 25.78%
• 5Y*: 18.66%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KILO-B.TO vs. XDIV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	-5.43%	56.51%	37.76%	10.43%	6.38%	-4.67%	-5.45%
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	27.54%	25.04%	19.84%	11.95%	0.49%	33.31%	5.04%

Correlation

The correlation between KILO-B.TO and XDIV.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020	-0.01

The correlation between KILO-B.TO and XDIV.TO shifts across timeframes, from -0.01 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KILO-B.TO vs. XDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KILO-B.TO

KILO-B.TO Risk / Return Rank: 27
KILO-B.TO Sharpe Ratio Rank: 28
KILO-B.TO Sortino Ratio Rank: 27
KILO-B.TO Omega Ratio Rank: 31
KILO-B.TO Calmar Ratio Rank: 24
KILO-B.TO Martin Ratio Rank: 23

XDIV.TO

XDIV.TO Risk / Return Rank: 98
XDIV.TO Sharpe Ratio Rank: 99
XDIV.TO Sortino Ratio Rank: 98
XDIV.TO Omega Ratio Rank: 98
XDIV.TO Calmar Ratio Rank: 99
XDIV.TO Martin Ratio Rank: 98

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.

KILO-B.TO vs. XDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) 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.

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.

	KILO-B.TO	XDIV.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.83	5.30	-4.47
Sortino ratio: Return per unit of downside risk	1.20	7.60	-6.40
Omega ratio: Gain probability vs. loss probability	1.17	2.11	-0.94
Calmar ratio: Return relative to maximum drawdown	0.93	16.28	-15.35
Martin ratio: Return relative to average drawdown	2.20	53.00	-50.81

KILO-B.TO vs. XDIV.TO - Sharpe Ratio Comparison

The current KILO-B.TO Sharpe Ratio is 0.83, which is lower than the XDIV.TO Sharpe Ratio of 5.30. The chart below compares the historical Sharpe Ratios of KILO-B.TO and XDIV.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.

Drawdowns

KILO-B.TO vs. XDIV.TO - Drawdown Comparison

The maximum KILO-B.TO drawdown since its inception was -23.63%, smaller than the maximum XDIV.TO drawdown of -41.29%. Use the drawdown chart below to compare losses from any high point for KILO-B.TO and XDIV.TO.

Drawdown Indicators

	KILO-B.TO	XDIV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-23.63%	-41.29%	+17.66%
Max Drawdown (1Y) Largest decline over 1 year	-23.63%	-2.78%	-20.85%
Max Drawdown (3Y) Largest decline over 3 years	-23.63%	-10.53%	-13.10%
Max Drawdown (5Y) Largest decline over 5 years	-23.63%	-17.33%	-6.30%
Current Drawdown Current decline from peak	-23.24%	0.00%	-23.24%
Average Drawdown Average peak-to-trough decline	-7.59%	-4.36%	-3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.95%	0.85%	+9.10%

Volatility

KILO-B.TO vs. XDIV.TO - Volatility Comparison

Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) has a higher volatility of 6.41% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.08%. This indicates that KILO-B.TO'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.

Volatility by Period

	KILO-B.TO	XDIV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	2.08%	+4.33%
Volatility (6M) Calculated over the trailing 6-month period	22.78%	6.68%	+16.10%
Volatility (1Y) Calculated over the trailing 1-year period	26.48%	8.54%	+17.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	10.56%	+6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	16.29%	+0.90%

KILO-B.TO vs. XDIV.TO - Expense Ratio Comparison

KILO-B.TO has a 0.28% expense ratio, which is higher than XDIV.TO's 0.11% expense ratio.

Dividends

KILO-B.TO vs. XDIV.TO - Dividend Comparison

KILO-B.TO has not paid dividends to shareholders, while XDIV.TO's dividend yield for the trailing twelve months is around 3.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.69%	0.00%	0.00%	0.00%
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	3.11%	3.90%	4.50%	4.42%	4.15%	3.76%	4.85%	4.24%	5.13%	1.92%

Frequently Asked Questions

Can I hold both KILO-B.TO and XDIV.TO in my portfolio?

KILO-B.TO and XDIV.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KILO-B.TO or XDIV.TO?

On fees, XDIV.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KILO-B.TO or XDIV.TO?

XDIV.TO is cheaper with a 0.11% expense ratio, compared with 0.28% for KILO-B.TO.

What is the main difference between KILO-B.TO and XDIV.TO?

KILO-B.TO is categorized as Gold, while XDIV.TO is Dividend. They also come from different issuers: Purpose Investments and iShares. Their fees differ too: 0.28% for KILO-B.TO and 0.11% for XDIV.TO.