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RIDH.TO vs. XDIV.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RIDH.TO vs. XDIV.TO

Last updated Jun 4, 2026

RIDH.TO (RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF) and XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) are both exchange-traded funds - RIDH.TO is a Foreign Large Cap Equities fund actively managed by RBC, while XDIV.TO is a Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index. RIDH.TO is actively managed, while XDIV.TO is passively managed. Over the past 5 years, RIDH.TO returned 17.37%/yr vs 16.42%/yr for XDIV.TO. At a 0.40 correlation, their price movements are largely independent. RIDH.TO charges 0.54%/yr vs 0.11%/yr for XDIV.TO.

Performance

RIDH.TO vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RIDH.TO achieves a 11.50% return, which is significantly lower than XDIV.TO's 19.17% return.

RIDH.TO

1D
-0.76%
1M
3.78%
YTD
11.50%
6M
13.78%
1Y
31.66%
3Y*
24.68%
5Y*
17.37%
10Y*
14.71%

XDIV.TO

1D
0.19%
1M
3.65%
YTD
19.17%
6M
18.94%
1Y
38.61%
3Y*
22.97%
5Y*
16.42%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		11.50%31.43%17.07%25.01%-2.03%24.91%-3.01%25.66%-5.74%3.33%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		19.17%24.92%19.56%11.71%0.29%32.25%-7.81%24.84%-10.04%8.48%

Correlation

The correlation between RIDH.TO and XDIV.TO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.27

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

0.33

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

0.33

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2017

0.40

The correlation between RIDH.TO and XDIV.TO shifts across timeframes, from 0.27 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

RIDH.TO vs. XDIV.TO - Sectors Allocation Comparison

Sectors
RIDH.TO
XDIV.TO

Financial Services

19.6%
46.7%

Industrials

19.1%

-

Technology

9.8%
1.3%

Healthcare

9.5%

-

Utilities

8.0%
11.3%

Consumer Cyclical

7.7%
11.5%

Consumer Defensive

7.3%

-

Communication Services

7.1%
0.4%

Basic Materials

6.9%

-

Energy

4.4%
28.8%

Real Estate

0.6%

-

Financial Services

RIDH.TO
19.6%
XDIV.TO
46.7%

Industrials

RIDH.TO
19.1%
XDIV.TO

-

Technology

RIDH.TO
9.8%
XDIV.TO
1.3%

Healthcare

RIDH.TO
9.5%
XDIV.TO

-

Utilities

RIDH.TO
8.0%
XDIV.TO
11.3%

Consumer Cyclical

RIDH.TO
7.7%
XDIV.TO
11.5%

Consumer Defensive

RIDH.TO
7.3%
XDIV.TO

-

Communication Services

RIDH.TO
7.1%
XDIV.TO
0.4%

Basic Materials

RIDH.TO
6.9%
XDIV.TO

-

Energy

RIDH.TO
4.4%
XDIV.TO
28.8%

Real Estate

RIDH.TO
0.6%
XDIV.TO

-

Compare stocks, funds, or ETFs

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RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

iShares Core MSCI Canadian Quality Dividend Index ETF

Often compared with RIDH.TO:
RIDH.TO vs. TILV.TORIDH.TO vs. RPF.TORIDH.TO vs. QDX.TORIDH.TO vs. RCDC.TORIDH.TO vs. FCIL.NEORIDH.TO vs. FCRI.TORIDH.TO vs. RUD.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RIDH.TO
RIDH.TO Risk / Return Rank: 8181
Overall Rank
RIDH.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
RIDH.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
RIDH.TO Omega Ratio Rank: 8484
Omega Ratio Rank
RIDH.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
RIDH.TO Martin Ratio Rank: 8383
Martin Ratio Rank
XDIV.TO
XDIV.TO Risk / Return Rank: 9898
Overall Rank
XDIV.TO Sharpe Ratio Rank: 9797
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: 9898
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.

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

This table presents a comparison of risk-adjusted performance metrics for RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.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.

RIDH.TOXDIV.TODifference
Sharpe ratioReturn per unit of total volatility
2.67
4.94

-2.27

Sortino ratioReturn per unit of downside risk
3.70
7.29

-3.59

Omega ratioGain probability vs. loss probability

1.51

2.03

-0.52

Calmar ratioReturn relative to maximum drawdown

3.67

16.64

-12.97

Martin ratioReturn relative to average drawdown

16.59

56.55

-39.96

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current RIDH.TO Sharpe Ratio is 2.67, which is lower than the XDIV.TO Sharpe Ratio of 4.94. The chart below compares the historical Sharpe Ratios of RIDH.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.

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Sharpe Ratios by Period

RIDH.TOXDIV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.67

4.94

-2.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.30

1.57

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.89

0.81

+0.09

Drawdowns

RIDH.TO vs. XDIV.TO - Drawdown Comparison

The maximum RIDH.TO drawdown since its inception was -34.34%, smaller than the maximum XDIV.TO drawdown of -41.30%. Use the drawdown chart below to compare losses from any high point for RIDH.TO and XDIV.TO.

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Drawdown Indicators

RIDH.TOXDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.34%

-41.30%

+6.96%

Max Drawdown (1Y)

Largest decline over 1 year

-8.67%

-2.33%

-6.34%

Max Drawdown (3Y)

Largest decline over 3 years

-14.33%

-10.53%

-3.80%

Max Drawdown (5Y)

Largest decline over 5 years

-14.33%

-17.60%

+3.27%

Max Drawdown (10Y)

Largest decline over 10 years

-34.34%

—

—

Current Drawdown

Current decline from peak

-1.73%

-0.09%

-1.64%

Average Drawdown

Average peak-to-trough decline

-3.13%

-4.25%

+1.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.91%

0.69%

+1.22%

Volatility

RIDH.TO vs. XDIV.TO - Volatility Comparison

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RIDH.TO) has a higher volatility of 3.77% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.81%. This indicates that RIDH.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.

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Volatility by Period

RIDH.TOXDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.77%

2.81%

+0.96%

Volatility (6M)

Calculated over the trailing 6-month period

9.45%

6.36%

+3.09%

Volatility (1Y)

Calculated over the trailing 1-year period

11.91%

7.85%

+4.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.46%

10.53%

+2.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.79%

16.01%

-0.22%

RIDH.TO vs. XDIV.TO - Expense Ratio Comparison

RIDH.TO has a 0.54% expense ratio, which is higher than XDIV.TO's 0.11% expense ratio.

Dividends

RIDH.TO vs. XDIV.TO - Dividend Comparison

RIDH.TO's dividend yield for the trailing twelve months is around 3.07%, less than XDIV.TO's 3.28% yield.

PositionTTM20252024202320222021202020192018201720162015
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF		3.07%3.12%7.51%9.53%6.85%7.07%4.73%9.16%8.80%5.59%10.87%17.06%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		3.28%3.81%4.29%4.20%3.95%3.58%4.58%4.02%4.85%1.82%0.00%0.00%

Frequently Asked Questions

RIDH.TO and XDIV.TO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

XDIV.TO is cheaper with a 0.11% expense ratio, compared with 0.54% for RIDH.TO.

RIDH.TO is categorized as Foreign Large Cap Equities, while XDIV.TO is Dividend. They also come from different issuers: RBC and iShares. Their fees differ too: 0.54% for RIDH.TO and 0.11% for XDIV.TO.

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