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

VZ vs. XDIV.TO

Last updated Jun 13, 2026

VZ (Verizon Communications Inc.) 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, VZ returned 2.74%/yr vs 13.87%/yr for XDIV.TO. At a 0.24 correlation, their price movements are largely independent.

Performance

VZ vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Verizon Communications Inc. (VZ) 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

VZ 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, VZ achieves a 21.97% return, which is significantly higher than XDIV.TO's 19.42% return.

VZ

1D
2.49%
1M
3.75%
YTD
21.97%
6M
21.50%
1Y
19.39%
3Y*
18.39%
5Y*
2.74%
10Y*
4.44%

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)

VZ vs. XDIV.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VZ
Verizon Communications Inc.		21.97%8.86%13.14%2.71%-20.02%-7.55%-0.13%13.83%11.26%15.00%
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 VZ and XDIV.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.13

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

0.19

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

0.26

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

0.24

The correlation between VZ and XDIV.TO shifts across timeframes, from 0.13 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.

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Verizon Communications Inc.

iShares Core MSCI Canadian Quality Dividend Index ETF

Often compared with VZ:
VZ vs. TVZ vs. TMUSVZ vs. KOVZ vs. SPYVZ vs. SCHDVZ vs. VOOVZ vs. PEP
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

VZ vs. XDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VZ
VZ Risk / Return Rank: 6868
Overall Rank
VZ Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VZ Sortino Ratio Rank: 6868
Sortino Ratio Rank
VZ Omega Ratio Rank: 6666
Omega Ratio Rank
VZ Calmar Ratio Rank: 7070
Calmar Ratio Rank
VZ Martin Ratio Rank: 6969
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.

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

This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) 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.

VZXDIV.TODifference
Sharpe ratioReturn per unit of total volatility
0.84
4.27

-3.43

Sortino ratioReturn per unit of downside risk
1.49
6.11

-4.62

Omega ratioGain probability vs. loss probability

1.18

1.82

-0.63

Calmar ratioReturn relative to maximum drawdown

1.43

11.38

-9.95

Martin ratioReturn relative to average drawdown

3.06

38.12

-35.06

VZ vs. XDIV.TO - Sharpe Ratio Comparison

The current VZ Sharpe Ratio is 0.84, which is lower than the XDIV.TO Sharpe Ratio of 4.27. The chart below compares the historical Sharpe Ratios of VZ 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

VZ vs. XDIV.TO - Drawdown Comparison

The maximum VZ drawdown since its inception was -50.66%, which is greater than XDIV.TO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for VZ and XDIV.TO.

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Drawdown Indicators

VZXDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-50.66%

-46.32%

-4.34%

Max Drawdown (1Y)

Largest decline over 1 year

-13.32%

-3.31%

-10.01%

Max Drawdown (3Y)

Largest decline over 3 years

-14.93%

-12.20%

-2.73%

Max Drawdown (5Y)

Largest decline over 5 years

-38.38%

-24.74%

-13.64%

Max Drawdown (10Y)

Largest decline over 10 years

-41.21%

—

—

Current Drawdown

Current decline from peak

-4.96%

0.00%

-4.96%

Average Drawdown

Average peak-to-trough decline

-14.82%

-6.33%

-8.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.23%

0.99%

+5.24%

Volatility

VZ vs. XDIV.TO - Volatility Comparison

Verizon Communications Inc. (VZ) has a higher volatility of 6.87% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.43%. This indicates that VZ'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

VZXDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.87%

2.43%

+4.44%

Volatility (6M)

Calculated over the trailing 6-month period

17.91%

6.86%

+11.05%

Volatility (1Y)

Calculated over the trailing 1-year period

22.78%

8.84%

+13.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.66%

12.47%

+9.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.36%

17.75%

+2.61%

Dividends

VZ vs. XDIV.TO - Dividend Comparison

VZ's dividend yield for the trailing twelve months is around 5.75%, more than XDIV.TO's 3.25% yield.

PositionTTM20252024202320222021202020192018201720162015
VZ
Verizon Communications Inc.		5.75%6.68%6.68%6.96%6.53%4.85%4.21%3.95%4.22%4.39%4.26%4.79%
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

VZ and XDIV.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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