LLYH.TO vs. XDU.TO

Last updated Jun 4, 2026

LLYH.TO (Harvest Eli Lilly High Income Shares ETF Class A Units) and XDU.TO (iShares Core MSCI US Quality Dividend Index ETF) are both exchange-traded funds - LLYH.TO is a Dividend fund actively managed by Harvest, while XDU.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD. LLYH.TO is actively managed, while XDU.TO is passively managed. Over the past year, LLYH.TO returned 39.69% vs 16.98% for XDU.TO. At a 0.32 correlation, their price movements are largely independent. LLYH.TO charges 0.40%/yr vs 0.16%/yr for XDU.TO.

Performance

LLYH.TO vs. XDU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) and iShares Core MSCI US Quality Dividend Index ETF (XDU.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LLYH.TO achieves a 3.76% return, which is significantly lower than XDU.TO's 11.82% return.

LLYH.TO

• 1D: 1.49%
• 1M: 11.47%
• YTD: 3.76%
• 6M: 6.93%
• 1Y: 39.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDU.TO

• 1D: 0.36%
• 1M: 5.28%
• YTD: 11.82%
• 6M: 6.05%
• 1Y: 16.98%
• 3Y*: 11.88%
• 5Y*: 9.04%
• 10Y*: —

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

LLYH.TO vs. XDU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	3.76%	24.63%	-11.16%
XDU.TO iShares Core MSCI US Quality Dividend Index ETF	11.82%	2.42%	-0.51%

Correlation

The correlation between LLYH.TO and XDU.TO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.32

Return for Risk

LLYH.TO vs. XDU.TO — Risk / Return Rank

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

LLYH.TO

LLYH.TO Risk / Return Rank: 36
LLYH.TO Sharpe Ratio Rank: 34
LLYH.TO Sortino Ratio Rank: 33
LLYH.TO Omega Ratio Rank: 38
LLYH.TO Calmar Ratio Rank: 39
LLYH.TO Martin Ratio Rank: 35

XDU.TO

XDU.TO Risk / Return Rank: 47
XDU.TO Sharpe Ratio Rank: 44
XDU.TO Sortino Ratio Rank: 43
XDU.TO Omega Ratio Rank: 44
XDU.TO Calmar Ratio Rank: 56
XDU.TO Martin Ratio Rank: 48

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.

LLYH.TO vs. XDU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) and iShares Core MSCI US Quality Dividend Index ETF (XDU.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.

	LLYH.TO	XDU.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.58	-0.37
Sortino ratio: Return per unit of downside risk	1.72	2.20	-0.49
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.04
Calmar ratio: Return relative to maximum drawdown	1.90	2.78	-0.88
Martin ratio: Return relative to average drawdown	5.21	8.23	-3.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LLYH.TO vs. XDU.TO - Sharpe Ratio Comparison

The current LLYH.TO Sharpe Ratio is 1.21, which is comparable to the XDU.TO Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of LLYH.TO and XDU.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.

Sharpe Ratios by Period

	LLYH.TO	XDU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.58	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.56	-0.32

Drawdowns

LLYH.TO vs. XDU.TO - Drawdown Comparison

The maximum LLYH.TO drawdown since its inception was -31.00%, which is greater than XDU.TO's maximum drawdown of -26.12%. Use the drawdown chart below to compare losses from any high point for LLYH.TO and XDU.TO.

Drawdown Indicators

	LLYH.TO	XDU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.00%	-26.12%	-4.88%
Max Drawdown (1Y) Largest decline over 1 year	-20.97%	-6.13%	-14.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.69%	—
Current Drawdown Current decline from peak	-2.39%	-0.49%	-1.90%
Average Drawdown Average peak-to-trough decline	-10.18%	-3.87%	-6.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	2.07%	+5.57%

Volatility

LLYH.TO vs. XDU.TO - Volatility Comparison

Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) has a higher volatility of 6.85% compared to iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) at 2.73%. This indicates that LLYH.TO's price experiences larger fluctuations and is considered to be riskier than XDU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLYH.TO	XDU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.85%	2.73%	+4.12%
Volatility (6M) Calculated over the trailing 6-month period	24.78%	8.39%	+16.39%
Volatility (1Y) Calculated over the trailing 1-year period	33.04%	10.83%	+22.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.82%	12.08%	+21.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.82%	14.91%	+18.91%

LLYH.TO vs. XDU.TO - Expense Ratio Comparison

LLYH.TO has a 0.40% expense ratio, which is higher than XDU.TO's 0.16% expense ratio.

Dividends

LLYH.TO vs. XDU.TO - Dividend Comparison

LLYH.TO's dividend yield for the trailing twelve months is around 17.81%, more than XDU.TO's 2.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	17.81%	17.54%	6.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XDU.TO iShares Core MSCI US Quality Dividend Index ETF	2.25%	2.46%	2.12%	2.31%	2.05%	2.06%	2.72%	2.31%	2.27%	1.27%

Frequently Asked Questions

Can I hold both LLYH.TO and XDU.TO in my portfolio?

LLYH.TO and XDU.TO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LLYH.TO or XDU.TO?

On fees, XDU.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LLYH.TO or XDU.TO?

XDU.TO is cheaper with a 0.16% expense ratio, compared with 0.40% for LLYH.TO.

What is the main difference between LLYH.TO and XDU.TO?

LLYH.TO is categorized as Dividend, while XDU.TO is Large Cap Value Equities. They also come from different issuers: Harvest and iShares. Their fees differ too: 0.40% for LLYH.TO and 0.16% for XDU.TO.