XAW.TO vs. XDG.TO
Compare and contrast key facts about iShares Core MSCI All Country World ex Canada Index ETF (XAW.TO) and iShares Core MSCI Global Quality Dividend Index ETF (XDG.TO).
XAW.TO and XDG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XAW.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Feb 10, 2015. XDG.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jun 7, 2017. Both XAW.TO and XDG.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XAW.TO or XDG.TO.
Key characteristics
| XAW.TO | XDG.TO | |
|---|---|---|
| YTD Return | 24.71% | 17.41% |
| 1Y Return | 30.62% | 21.74% |
| 3Y Return (Ann) | 9.53% | 9.94% |
| 5Y Return (Ann) | 12.20% | 8.09% |
| Sharpe Ratio | 3.13 | 2.84 |
| Sortino Ratio | 4.34 | 4.02 |
| Omega Ratio | 1.59 | 1.53 |
| Calmar Ratio | 4.32 | 5.57 |
| Martin Ratio | 21.65 | 18.04 |
| Ulcer Index | 1.41% | 1.22% |
| Daily Std Dev | 9.78% | 7.76% |
| Max Drawdown | -27.32% | -27.08% |
| Current Drawdown | -0.75% | -2.52% |
Correlation
The correlation between XAW.TO and XDG.TO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XAW.TO vs. XDG.TO - Performance Comparison
In the year-to-date period, XAW.TO achieves a 24.71% return, which is significantly higher than XDG.TO's 17.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XAW.TO vs. XDG.TO - Expense Ratio Comparison
Both XAW.TO and XDG.TO have an expense ratio of 0.22%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XAW.TO vs. XDG.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI All Country World ex Canada Index ETF (XAW.TO) and iShares Core MSCI Global Quality Dividend Index ETF (XDG.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.
Dividends
XAW.TO vs. XDG.TO - Dividend Comparison
XAW.TO's dividend yield for the trailing twelve months is around 1.46%, less than XDG.TO's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
XAW.TO iShares Core MSCI All Country World ex Canada Index ETF | 1.46% | 1.71% | 1.79% | 1.77% | 1.49% | 2.02% | 2.29% | 1.92% | 1.80% | 1.83% |
XDG.TO iShares Core MSCI Global Quality Dividend Index ETF | 2.83% | 3.13% | 3.27% | 2.97% | 3.27% | 3.18% | 3.47% | 1.67% | 0.00% | 0.00% |
Drawdowns
XAW.TO vs. XDG.TO - Drawdown Comparison
The maximum XAW.TO drawdown since its inception was -27.32%, roughly equal to the maximum XDG.TO drawdown of -27.08%. Use the drawdown chart below to compare losses from any high point for XAW.TO and XDG.TO. For additional features, visit the drawdowns tool.
Volatility
XAW.TO vs. XDG.TO - Volatility Comparison
iShares Core MSCI All Country World ex Canada Index ETF (XAW.TO) has a higher volatility of 3.19% compared to iShares Core MSCI Global Quality Dividend Index ETF (XDG.TO) at 2.59%. This indicates that XAW.TO's price experiences larger fluctuations and is considered to be riskier than XDG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.