PDC.TO vs. IDV

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Canadian Dividend Index ETF (PDC.TO) and iShares International Select Dividend ETF (IDV).

PDC.TO and IDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PDC.TO is managed by Invesco. IDV is a passively managed fund by iShares that tracks the performance of the Dow Jones EPAC Select Dividend. It was launched on Jun 11, 2007.

Performance

PDC.TO vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco Canadian Dividend Index ETF (PDC.TO) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

PDC.TO vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDC.TO Invesco Canadian Dividend Index ETF	9.18%	21.62%	16.14%	6.74%	-4.34%	29.91%	-5.70%	24.75%	-12.03%	10.06%
IDV iShares International Select Dividend ETF	9.86%	45.18%	12.93%	7.89%	0.27%	10.99%	-7.53%	17.48%	-2.77%	12.12%

Different Trading Currencies

PDC.TO is traded in CAD, while IDV is traded in USD. To make them comparable, the IDV values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PDC.TO achieves a 9.18% return, which is significantly higher than IDV's 7.04% return. Both investments have delivered pretty close results over the past 10 years, with PDC.TO having a 10.43% annualized return and IDV not far ahead at 10.62%.

PDC.TO

• 1D: 1.12%
• 1M: -1.10%
• YTD: 9.18%
• 6M: 10.22%
• 1Y: 30.92%
• 3Y*: 17.13%
• 5Y*: 12.79%
• 10Y*: 10.43%

IDV

• 1D: 0.00%
• 1M: -4.91%
• YTD: 7.04%
• 6M: 15.63%
• 1Y: 36.31%
• 3Y*: 22.97%
• 5Y*: 14.46%
• 10Y*: 10.62%

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

PDC.TO vs. IDV - Expense Ratio Comparison

PDC.TO has a 0.58% expense ratio, which is higher than IDV's 0.49% expense ratio.

PDC.TO

Invesco Canadian Dividend Index ETF

IDV

iShares International Select Dividend ETF

Return for Risk

PDC.TO vs. IDV — Risk / Return Rank

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

PDC.TO

PDC.TO Risk / Return Rank: 97
PDC.TO Sharpe Ratio Rank: 98
PDC.TO Sortino Ratio Rank: 97
PDC.TO Omega Ratio Rank: 98
PDC.TO Calmar Ratio Rank: 94
PDC.TO Martin Ratio Rank: 97

IDV

IDV Risk / Return Rank: 97
IDV Sharpe Ratio Rank: 97
IDV Sortino Ratio Rank: 97
IDV Omega Ratio Rank: 97
IDV Calmar Ratio Rank: 96
IDV Martin Ratio Rank: 97

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.

PDC.TO vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Canadian Dividend Index ETF (PDC.TO) and iShares International Select Dividend ETF (IDV). 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.

	PDC.TO	IDV	Difference
Sharpe ratio Return per unit of total volatility	3.10	2.64	+0.46
Sortino ratio Return per unit of downside risk	3.72	3.24	+0.48
Omega ratio Gain probability vs. loss probability	1.68	1.53	+0.15
Calmar ratio Return relative to maximum drawdown	3.76	3.24	+0.51
Martin ratio Return relative to average drawdown	19.20	14.54	+4.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDC.TO vs. IDV - Sharpe Ratio Comparison

The current PDC.TO Sharpe Ratio is 3.10, which is comparable to the IDV Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of PDC.TO and IDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PDC.TO	IDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	2.64	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.20	1.19	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.71	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.71	+0.01

Correlation

The correlation between PDC.TO and IDV is 0.53, 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.

Dividends

PDC.TO vs. IDV - Dividend Comparison

PDC.TO's dividend yield for the trailing twelve months is around 3.57%, less than IDV's 4.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PDC.TO Invesco Canadian Dividend Index ETF	3.57%	3.84%	4.29%	4.56%	4.05%	3.49%	4.85%	4.14%	4.90%	4.05%	3.61%	4.20%
IDV iShares International Select Dividend ETF	4.61%	4.94%	6.46%	6.51%	7.33%	5.78%	5.47%	5.15%	5.93%	4.52%	4.69%	5.08%

Drawdowns

PDC.TO vs. IDV - Drawdown Comparison

The maximum PDC.TO drawdown since its inception was -41.94%, which is greater than IDV's maximum drawdown of -37.10%. Use the drawdown chart below to compare losses from any high point for PDC.TO and IDV.

Drawdown Indicators

	PDC.TO	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-41.94%	-70.14%	+28.20%
Max Drawdown (1Y) Largest decline over 1 year	-8.43%	-10.76%	+2.33%
Max Drawdown (5Y) Largest decline over 5 years	-18.24%	-29.19%	+10.95%
Max Drawdown (10Y) Largest decline over 10 years	-41.94%	-42.50%	+0.56%
Current Drawdown Current decline from peak	-1.72%	-4.55%	+2.83%
Average Drawdown Average peak-to-trough decline	-4.61%	-15.53%	+10.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.41%	-0.76%

Volatility

PDC.TO vs. IDV - Volatility Comparison

The current volatility for Invesco Canadian Dividend Index ETF (PDC.TO) is 3.33%, while iShares International Select Dividend ETF (IDV) has a volatility of 6.26%. This indicates that PDC.TO experiences smaller price fluctuations and is considered to be less risky than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDC.TO	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	6.26%	-2.93%
Volatility (6M) Calculated over the trailing 6-month period	6.85%	9.00%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	10.03%	13.81%	-3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.76%	12.26%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	15.01%	+0.27%