NTR.TO vs. XDIV.TO
Compare and contrast key facts about Nutrien Ltd. (NTR.TO) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO).
XDIV.TO is a passively managed fund by iShares that tracks the performance of the MSCI Canada High Dividend Yield 10% Security Capped Index. It was launched on Jun 12, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NTR.TO or XDIV.TO.
Key characteristics
| NTR.TO | XDIV.TO | |
|---|---|---|
| YTD Return | -13.26% | 18.67% |
| 1Y Return | -22.36% | 21.61% |
| 3Y Return (Ann) | -4.95% | 12.36% |
| 5Y Return (Ann) | 1.30% | 10.86% |
| Sharpe Ratio | -0.89 | 2.00 |
| Daily Std Dev | 27.11% | 10.61% |
| Max Drawdown | -54.78% | -41.29% |
| Current Drawdown | -53.14% | 0.00% |
Correlation
The correlation between NTR.TO and XDIV.TO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NTR.TO vs. XDIV.TO - Performance Comparison
In the year-to-date period, NTR.TO achieves a -13.26% return, which is significantly lower than XDIV.TO's 18.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NTR.TO vs. XDIV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutrien Ltd. (NTR.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.
Dividends
NTR.TO vs. XDIV.TO - Dividend Comparison
NTR.TO's dividend yield for the trailing twelve months is around 3.36%, less than XDIV.TO's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
NTR.TO Nutrien Ltd. | 3.36% | 2.84% | 2.61% | 2.55% | 2.94% | 2.83% | 2.54% | 0.00% |
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 4.47% | 4.42% | 4.15% | 3.76% | 4.82% | 4.22% | 5.10% | 1.91% |
Drawdowns
NTR.TO vs. XDIV.TO - Drawdown Comparison
The maximum NTR.TO drawdown since its inception was -54.78%, which is greater than XDIV.TO's maximum drawdown of -41.29%. Use the drawdown chart below to compare losses from any high point for NTR.TO and XDIV.TO. For additional features, visit the drawdowns tool.
Volatility
NTR.TO vs. XDIV.TO - Volatility Comparison
Nutrien Ltd. (NTR.TO) has a higher volatility of 6.85% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.98%. This indicates that NTR.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.