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

VIGI vs. XDIV.TO

Last updated Jun 14, 2026

VIGI (Vanguard International Dividend Appreciation ETF) and XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) are both Dividend funds - VIGI tracks the S&P Global Ex-U.S. Dividend Growers Index while XDIV.TO tracks the MSCI Canada High Dividend Yield 10% Security Capped Index. Both are passively managed. Over the past 5 years, VIGI returned 4.27%/yr vs 13.87%/yr for XDIV.TO. At a 0.47 correlation, their price movements are largely independent. VIGI charges 0.15%/yr vs 0.11%/yr for XDIV.TO.

Performance

VIGI vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard International Dividend Appreciation ETF (VIGI) 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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Different Trading Currencies

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

Returns By Period

In the year-to-date period, VIGI achieves a 3.10% return, which is significantly lower than XDIV.TO's 19.42% return.

VIGI

1D
-0.22%
1M
0.88%
YTD
3.10%
6M
3.92%
1Y
6.49%
3Y*
9.51%
5Y*
4.27%
10Y*
8.31%

XDIV.TO

1D
0.38%
1M
2.75%
YTD
19.42%
6M
18.53%
1Y
36.69%
3Y*
22.30%
5Y*
13.87%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

VIGI vs. XDIV.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VIGI
Vanguard International Dividend Appreciation ETF		3.10%16.88%2.73%16.30%-16.79%12.51%14.66%27.53%-11.50%9.13%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		19.42%31.02%10.48%14.68%-5.50%33.37%-5.29%30.52%-16.81%14.41%

Correlation

The correlation between VIGI and XDIV.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.35

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

0.49

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

0.49

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

0.47

The correlation between VIGI and XDIV.TO shifts across timeframes, from 0.35 (1 year) to 0.49 (3 years), reflecting how their relationship changes across market environments.

VIGI vs. XDIV.TO - Sectors Allocation Comparison

Sectors
VIGI
XDIV.TO

Financial Services

29.0%
46.7%

Industrials

17.1%

-

Healthcare

14.6%

-

Technology

11.5%
1.3%

Consumer Defensive

9.7%

-

Utilities

4.8%
11.3%

Basic Materials

4.1%

-

Consumer Cyclical

3.1%
11.5%

Energy

2.8%
28.8%

Communication Services

1.3%
0.4%

Real Estate

1.3%

-

Financial Services

VIGI
29.0%
XDIV.TO
46.7%

Industrials

VIGI
17.1%
XDIV.TO

-

Healthcare

VIGI
14.6%
XDIV.TO

-

Technology

VIGI
11.5%
XDIV.TO
1.3%

Consumer Defensive

VIGI
9.7%
XDIV.TO

-

Utilities

VIGI
4.8%
XDIV.TO
11.3%

Basic Materials

VIGI
4.1%
XDIV.TO

-

Consumer Cyclical

VIGI
3.1%
XDIV.TO
11.5%

Energy

VIGI
2.8%
XDIV.TO
28.8%

Communication Services

VIGI
1.3%
XDIV.TO
0.4%

Real Estate

VIGI
1.3%
XDIV.TO

-

Compare stocks, funds, or ETFs

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

Vanguard International Dividend Appreciation ETF

iShares Core MSCI Canadian Quality Dividend Index ETF

Often compared with VIGI:
VIGI vs. VYMIVIGI vs. VIGVIGI vs. SCHYVIGI vs. VXUSVIGI vs. IGROVIGI vs. SCHDVIGI vs. IQLT
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

VIGI vs. XDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VIGI
VIGI Risk / Return Rank: 1616
Overall Rank
VIGI Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
VIGI Sortino Ratio Rank: 1515
Sortino Ratio Rank
VIGI Omega Ratio Rank: 1515
Omega Ratio Rank
VIGI Calmar Ratio Rank: 1616
Calmar Ratio Rank
VIGI Martin Ratio Rank: 1818
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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard International Dividend Appreciation ETF (VIGI) 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.

VIGIXDIV.TODifference
Sharpe ratioReturn per unit of total volatility
0.39
4.27

-3.88

Sortino ratioReturn per unit of downside risk
0.64
6.11

-5.47

Omega ratioGain probability vs. loss probability

1.08

1.82

-0.74

Calmar ratioReturn relative to maximum drawdown

0.48

11.38

-10.90

Martin ratioReturn relative to average drawdown

1.70

38.12

-36.42

VIGI vs. XDIV.TO - Sharpe Ratio Comparison

The current VIGI Sharpe Ratio is 0.39, which is lower than the XDIV.TO Sharpe Ratio of 4.27. The chart below compares the historical Sharpe Ratios of VIGI 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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Drawdowns

VIGI vs. XDIV.TO - Drawdown Comparison

The maximum VIGI drawdown since its inception was -31.01%, smaller than the maximum XDIV.TO drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for VIGI and XDIV.TO.

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Drawdown Indicators

VIGIXDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-31.01%

-46.32%

+15.31%

Max Drawdown (1Y)

Largest decline over 1 year

-10.64%

-3.31%

-7.33%

Max Drawdown (3Y)

Largest decline over 3 years

-14.50%

-12.20%

-2.30%

Max Drawdown (5Y)

Largest decline over 5 years

-28.80%

-24.74%

-4.06%

Max Drawdown (10Y)

Largest decline over 10 years

-31.01%

—

—

Current Drawdown

Current decline from peak

-2.03%

0.00%

-2.03%

Average Drawdown

Average peak-to-trough decline

-6.17%

-6.33%

+0.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.04%

0.99%

+2.05%

Volatility

VIGI vs. XDIV.TO - Volatility Comparison

Vanguard International Dividend Appreciation ETF (VIGI) has a higher volatility of 3.35% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.43%. This indicates that VIGI'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

VIGIXDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.35%

2.43%

+0.92%

Volatility (6M)

Calculated over the trailing 6-month period

10.40%

6.86%

+3.54%

Volatility (1Y)

Calculated over the trailing 1-year period

13.20%

8.84%

+4.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.47%

12.47%

+2.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.87%

17.75%

-1.88%

VIGI vs. XDIV.TO - Expense Ratio Comparison

VIGI has a 0.15% expense ratio, which is higher than XDIV.TO's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VIGI vs. XDIV.TO - Dividend Comparison

VIGI's dividend yield for the trailing twelve months is around 2.14%, less than XDIV.TO's 3.25% yield.

PositionTTM2025202420232022202120202019201820172016
VIGI
Vanguard International Dividend Appreciation ETF		2.14%2.14%1.93%1.92%2.06%7.02%1.29%1.83%1.99%1.75%1.05%
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%

Frequently Asked Questions

VIGI and XDIV.TO have a correlation of 0.35, 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 0.15% for VIGI.

VIGI tracks S&P Global Ex-U.S. Dividend Growers Index, while XDIV.TO tracks MSCI Canada High Dividend Yield 10% Security Capped Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.15% for VIGI and 0.11% for XDIV.TO.

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