XBAL.TO vs. SCHD
XBAL.TO (iShares Core Balanced ETF Portfolio) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - XBAL.TO is a Diversified Portfolio fund actively managed by iShares, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. XBAL.TO is actively managed, while SCHD is passively managed. Over the past 10 years, XBAL.TO returned 7.81%/yr vs 13.77%/yr for SCHD. At a 0.46 correlation, their price movements are largely independent. XBAL.TO charges 0.20%/yr vs 0.06%/yr for SCHD.
Performance
XBAL.TO vs. SCHD - Performance Comparison
Loading charts...
Different Trading Currencies
XBAL.TO is traded in CAD, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XBAL.TO achieves a 8.27% return, which is significantly lower than SCHD's 21.02% return. Over the past 10 years, XBAL.TO has underperformed SCHD with an annualized return of 7.81%, while SCHD has yielded a comparatively higher 13.77% annualized return.
XBAL.TO
- 1D
- 0.03%
- 1M
- 0.28%
- YTD
- 8.27%
- 6M
- 6.33%
- 1Y
- 16.60%
- 3Y*
- 14.84%
- 5Y*
- 7.99%
- 10Y*
- 7.81%
SCHD
- 1D
- -0.57%
- 1M
- -0.33%
- YTD
- 21.02%
- 6M
- 20.09%
- 1Y
- 27.54%
- 3Y*
- 17.25%
- 5Y*
- 11.50%
- 10Y*
- 13.77%
XBAL.TO vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XBAL.TO iShares Core Balanced ETF Portfolio | 8.27% | 11.90% | 15.80% | 13.05% | -11.16% | 10.16% | 10.73% | 15.34% | -2.73% | 5.55% |
SCHD Schwab U.S. Dividend Equity ETF | 21.00% | -0.42% | 21.11% | 2.06% | 2.87% | 29.81% | 12.30% | 22.05% | 2.38% | 12.66% |
Correlation
The correlation between XBAL.TO and SCHD is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.46 |
The correlation between XBAL.TO and SCHD shifts across timeframes, from 0.33 (1 year) to 0.54 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XBAL.TO vs. SCHD — Risk / Return Rank
XBAL.TO
SCHD
XBAL.TO vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Balanced ETF Portfolio (XBAL.TO) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| XBAL.TO | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.40 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 6.68 | -3.93 |
| Martin ratioReturn relative to average drawdown | 11.26 | 16.64 | -5.38 |
Loading charts...
Drawdowns
XBAL.TO vs. SCHD - Drawdown Comparison
The maximum XBAL.TO drawdown since its inception was -28.55%, roughly equal to the maximum SCHD drawdown of -27.31%. Use the drawdown chart below to compare losses from any high point for XBAL.TO and SCHD.
Loading charts...
Drawdown Indicators
| XBAL.TO | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.55% | -27.31% | -1.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.06% | -4.14% | -1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -9.34% | -15.24% | +5.90% |
Max Drawdown (5Y)Largest decline over 5 years | -17.10% | -15.24% | -1.86% |
Max Drawdown (10Y)Largest decline over 10 years | -20.93% | -27.31% | +6.38% |
Current DrawdownCurrent decline from peak | -2.60% | -1.70% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -3.35% | -3.04% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 1.66% | -0.18% |
Volatility
XBAL.TO vs. SCHD - Volatility Comparison
iShares Core Balanced ETF Portfolio (XBAL.TO) has a higher volatility of 3.86% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.46%. This indicates that XBAL.TO's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XBAL.TO | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.46% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 8.75% | -0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.18% | 11.92% | -2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.94% | 15.56% | -6.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.80% | 17.82% | -8.02% |
XBAL.TO vs. SCHD - Expense Ratio Comparison
XBAL.TO has a 0.20% expense ratio, which is higher than SCHD's 0.06% 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
XBAL.TO vs. SCHD - Dividend Comparison
XBAL.TO's dividend yield for the trailing twelve months is around 2.10%, less than SCHD's 3.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.33% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
XBAL.TO iShares Core Balanced ETF Portfolio | 2.10% | 2.27% | 2.72% | 2.43% | 2.12% | 1.78% | 2.04% | 2.31% | 3.47% | 3.00% | 3.72% | 3.38% |
Frequently Asked Questions
XBAL.TO and SCHD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.20% for XBAL.TO.
XBAL.TO is categorized as Diversified Portfolio, while SCHD is Dividend. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.20% for XBAL.TO and 0.06% for SCHD.
Find the right allocation for XBAL.TO and SCHD
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