PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
POW.TO vs. XDIV.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

POW.TO vs. XDIV.TO

Last updated Jun 13, 2026

POW.TO (Power Corporation of Canada) is a stock, while XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) is Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index. Over the past 5 years, POW.TO returned 22.99%/yr vs 17.21%/yr for XDIV.TO. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

POW.TO vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Power Corporation of Canada (POW.TO) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, POW.TO achieves a 19.95% return, which is significantly lower than XDIV.TO's 21.85% return.

POW.TO

1D
1.29%
1M
8.60%
YTD
19.95%
6M
20.68%
1Y
72.49%
3Y*
42.38%
5Y*
22.99%
10Y*
17.87%

XDIV.TO

1D
0.57%
1M
4.75%
YTD
21.85%
6M
20.22%
1Y
40.47%
3Y*
24.13%
5Y*
17.21%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

POW.TO vs. XDIV.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
POW.TO
Power Corporation of Canada		19.95%69.73%25.05%26.19%-19.21%49.93%-4.91%43.97%-20.10%13.50%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		21.85%25.04%19.84%11.95%0.49%33.31%-7.53%25.14%-9.81%8.00%

Correlation

The correlation between POW.TO and XDIV.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2017

0.54

Over the past year, the correlation between POW.TO and XDIV.TO has dropped to 0.25 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Power Corporation of Canada

iShares Core MSCI Canadian Quality Dividend Index ETF

Often compared with POW.TO:
POW.TO vs. GWO.TOPOW.TO vs. CPX.TOPOW.TO vs. MFC.TOPOW.TO vs. RY.TOPOW.TO vs. MFCPOW.TO vs. BAM.TOPOW.TO vs. IGM.TO
Often compared with XDIV.TO:
XDIV.TO vs. VDY.TOXDIV.TO vs. XEI.TOXDIV.TO vs. XDV.TOXDIV.TO vs. XEQT.TOXDIV.TO vs. HDIV.TOXDIV.TO vs. XIU.TOXDIV.TO vs. CDZ.TO

Return for Risk

POW.TO vs. XDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
POW.TO
POW.TO Risk / Return Rank: 9696
Overall Rank
POW.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
POW.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
POW.TO Omega Ratio Rank: 9797
Omega Ratio Rank
POW.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
POW.TO Martin Ratio Rank: 9494
Martin Ratio Rank
XDIV.TO
XDIV.TO Risk / Return Rank: 9898
Overall Rank
XDIV.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
XDIV.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
XDIV.TO Omega Ratio Rank: 9898
Omega Ratio Rank
XDIV.TO Calmar Ratio Rank: 9999
Calmar Ratio Rank
XDIV.TO Martin Ratio Rank: 9898
Martin Ratio Rank
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.

POW.TO vs. XDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Power Corporation of Canada (POW.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.

POW.TOXDIV.TODifference
Sharpe ratioReturn per unit of total volatility
3.97
5.14

-1.17

Sortino ratioReturn per unit of downside risk
4.64
7.59

-2.95

Omega ratioGain probability vs. loss probability

1.63

2.07

-0.43

Calmar ratioReturn relative to maximum drawdown

5.14

17.55

-12.42

Martin ratioReturn relative to average drawdown

15.64

59.35

-43.70

POW.TO vs. XDIV.TO - Sharpe Ratio Comparison

The current POW.TO Sharpe Ratio is 3.97, which is comparable to the XDIV.TO Sharpe Ratio of 5.14. The chart below compares the historical Sharpe Ratios of POW.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.

Loading charts...

Drawdowns

POW.TO vs. XDIV.TO - Drawdown Comparison

The maximum POW.TO drawdown since its inception was -62.40%, 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 POW.TO and XDIV.TO.

Loading charts...

Drawdown Indicators

POW.TOXDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-62.40%

-41.29%

-21.11%

Max Drawdown (1Y)

Largest decline over 1 year

-14.33%

-2.32%

-12.01%

Max Drawdown (3Y)

Largest decline over 3 years

-15.10%

-10.53%

-4.57%

Max Drawdown (5Y)

Largest decline over 5 years

-26.09%

-17.33%

-8.76%

Max Drawdown (10Y)

Largest decline over 10 years

-49.16%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-13.14%

-4.39%

-8.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.70%

0.69%

+4.01%

Volatility

POW.TO vs. XDIV.TO - Volatility Comparison

Power Corporation of Canada (POW.TO) has a higher volatility of 5.85% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.47%. This indicates that POW.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.

Loading charts...

Volatility by Period

POW.TOXDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.85%

2.47%

+3.38%

Volatility (6M)

Calculated over the trailing 6-month period

15.47%

6.45%

+9.02%

Volatility (1Y)

Calculated over the trailing 1-year period

18.58%

7.95%

+10.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.07%

10.51%

+6.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.07%

16.33%

+6.74%

Dividends

POW.TO vs. XDIV.TO - Dividend Comparison

POW.TO's dividend yield for the trailing twelve months is around 2.89%, less than XDIV.TO's 3.25% yield.

PositionTTM20252024202320222021202020192018201720162015
POW.TO
Power Corporation of Canada		2.89%3.36%5.02%5.54%6.22%4.40%7.51%4.77%6.13%4.36%4.38%4.23%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		3.25%3.90%4.50%4.42%4.15%3.76%4.85%4.24%5.13%1.92%0.00%0.00%

Frequently Asked Questions

POW.TO and XDIV.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for POW.TO and XDIV.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer