PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XCD.TO vs. VUAA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XCD.TO vs. VUAA.L

Last updated Jun 4, 2026

XCD.TO (iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged)) and VUAA.L (Vanguard S&P 500 UCITS ETF USD Accumulation) are both exchange-traded funds - XCD.TO is a Consumer Discretionary Equities fund tracking the Morningstar Gbl GR CAD, while VUAA.L is a S&P 500 fund tracking the S&P 500 Net Total Return. Both are passively managed. Over the past 5 years, XCD.TO returned 4.13%/yr vs 16.96%/yr for VUAA.L. At a 0.44 correlation, their price movements are largely independent. XCD.TO charges 0.65%/yr vs 0.07%/yr for VUAA.L.

Performance

XCD.TO vs. VUAA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged) (XCD.TO) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XCD.TO achieves a -4.97% return, which is significantly lower than VUAA.L's 11.72% return.

XCD.TO

1D
-0.76%
1M
-0.26%
YTD
-4.97%
6M
-4.10%
1Y
4.34%
3Y*
10.46%
5Y*
4.13%
10Y*
9.01%

VUAA.L

1D
-0.14%
1M
6.62%
YTD
11.72%
6M
10.65%
1Y
29.84%
3Y*
23.73%
5Y*
16.96%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XCD.TO vs. VUAA.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XCD.TO
iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged)		-4.97%9.95%19.90%28.10%-26.98%14.86%17.22%9.21%
VUAA.L
Vanguard S&P 500 UCITS ETF USD Accumulation		11.72%11.99%36.03%23.89%-12.84%28.17%15.67%8.66%

Correlation

The correlation between XCD.TO and VUAA.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.47

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

0.42

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

0.43

Correlation (All Time)
Calculated using the full available price history since May 17, 2019

0.44

XCD.TO vs. VUAA.L - Sectors Allocation Comparison

Sectors
XCD.TO
VUAA.L

Consumer Cyclical

95.1%
10.2%

Technology

3.7%
35.7%

Consumer Defensive

0.8%
4.9%

Industrials

0.2%
8.3%

Communication Services

0.2%
11.3%

Basic Materials

-

1.8%

Energy

-

3.5%

Financial Services

-

11.6%

Healthcare

-

8.5%

Real Estate

-

1.9%

Utilities

-

2.4%

Consumer Cyclical

XCD.TO
95.1%
VUAA.L
10.2%

Technology

XCD.TO
3.7%
VUAA.L
35.7%

Consumer Defensive

XCD.TO
0.8%
VUAA.L
4.9%

Industrials

XCD.TO
0.2%
VUAA.L
8.3%

Communication Services

XCD.TO
0.2%
VUAA.L
11.3%

Basic Materials

XCD.TO

-

VUAA.L
1.8%

Energy

XCD.TO

-

VUAA.L
3.5%

Financial Services

XCD.TO

-

VUAA.L
11.6%

Healthcare

XCD.TO

-

VUAA.L
8.5%

Real Estate

XCD.TO

-

VUAA.L
1.9%

Utilities

XCD.TO

-

VUAA.L
2.4%

Compare stocks, funds, or ETFs

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

iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged)

Vanguard S&P 500 UCITS ETF USD Accumulation

Often compared with XCD.TO:
XCD.TO vs. XST.TOXCD.TO vs. VOOXCD.TO vs. SMHXCD.TO vs. ZLB.TOXCD.TO vs. XSP.TOXCD.TO vs. XEI.TOXCD.TO vs. XGRO.TO
Often compared with VUAA.L:
VUAA.L vs. VOOVUAA.L vs. CSPX.LVUAA.L vs. VWCE.DEVUAA.L vs. VUSA.ASVUAA.L vs. SXR8.DEVUAA.L vs. VUAG.LVUAA.L vs. SPY

Return for Risk

XCD.TO vs. VUAA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XCD.TO
XCD.TO Risk / Return Rank: 1313
Overall Rank
XCD.TO Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
XCD.TO Sortino Ratio Rank: 1212
Sortino Ratio Rank
XCD.TO Omega Ratio Rank: 1212
Omega Ratio Rank
XCD.TO Calmar Ratio Rank: 1212
Calmar Ratio Rank
XCD.TO Martin Ratio Rank: 1313
Martin Ratio Rank
VUAA.L
VUAA.L Risk / Return Rank: 7272
Overall Rank
VUAA.L Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
VUAA.L Sortino Ratio Rank: 7676
Sortino Ratio Rank
VUAA.L Omega Ratio Rank: 7171
Omega Ratio Rank
VUAA.L Calmar Ratio Rank: 6868
Calmar Ratio Rank
VUAA.L Martin Ratio Rank: 7676
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.

XCD.TO vs. VUAA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged) (XCD.TO) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). 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.

XCD.TOVUAA.LDifference
Sharpe ratioReturn per unit of total volatility
0.26
2.47

-2.20

Sortino ratioReturn per unit of downside risk
0.50
3.46

-2.96

Omega ratioGain probability vs. loss probability

1.06

1.45

-0.39

Calmar ratioReturn relative to maximum drawdown

0.29

3.82

-3.53

Martin ratioReturn relative to average drawdown

0.85

13.46

-12.61

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

XCD.TO vs. VUAA.L - Sharpe Ratio Comparison

The current XCD.TO Sharpe Ratio is 0.26, which is lower than the VUAA.L Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of XCD.TO and VUAA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

XCD.TOVUAA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.26

2.47

-2.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

1.12

-0.92

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

1.01

-0.52

Drawdowns

XCD.TO vs. VUAA.L - Drawdown Comparison

The maximum XCD.TO drawdown since its inception was -39.52%, which is greater than VUAA.L's maximum drawdown of -27.74%. Use the drawdown chart below to compare losses from any high point for XCD.TO and VUAA.L.

Loading charts...

Drawdown Indicators

XCD.TOVUAA.LDifference

Max Drawdown

Largest peak-to-trough decline

-39.52%

-27.74%

-11.78%

Max Drawdown (1Y)

Largest decline over 1 year

-14.97%

-7.79%

-7.18%

Max Drawdown (3Y)

Largest decline over 3 years

-19.30%

-20.60%

+1.30%

Max Drawdown (5Y)

Largest decline over 5 years

-34.34%

-21.84%

-12.50%

Max Drawdown (10Y)

Largest decline over 10 years

-39.52%

—

—

Current Drawdown

Current decline from peak

-8.18%

-0.14%

-8.04%

Average Drawdown

Average peak-to-trough decline

-7.29%

-4.29%

-3.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.12%

2.22%

+2.90%

Volatility

XCD.TO vs. VUAA.L - Volatility Comparison

iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged) (XCD.TO) has a higher volatility of 4.97% compared to Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L) at 3.22%. This indicates that XCD.TO's price experiences larger fluctuations and is considered to be riskier than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XCD.TOVUAA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.97%

3.22%

+1.75%

Volatility (6M)

Calculated over the trailing 6-month period

12.99%

8.62%

+4.37%

Volatility (1Y)

Calculated over the trailing 1-year period

16.55%

12.12%

+4.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.21%

15.12%

+5.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.22%

16.41%

+4.81%

XCD.TO vs. VUAA.L - Expense Ratio Comparison

XCD.TO has a 0.65% expense ratio, which is higher than VUAA.L's 0.07% expense ratio.

Dividends

XCD.TO vs. VUAA.L - Dividend Comparison

XCD.TO's dividend yield for the trailing twelve months is around 9.00%, while VUAA.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
VUAA.L
Vanguard S&P 500 UCITS ETF USD Accumulation		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XCD.TO
iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged)		9.00%8.55%1.29%1.14%0.71%0.37%0.40%1.07%1.32%1.13%1.33%0.96%

Frequently Asked Questions

XCD.TO and VUAA.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VUAA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VUAA.L is cheaper with a 0.07% expense ratio, compared with 0.65% for XCD.TO.

XCD.TO is categorized as Consumer Discretionary Equities, while VUAA.L is S&P 500. XCD.TO tracks Morningstar Gbl GR CAD, while VUAA.L tracks S&P 500 Net Total Return. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.65% for XCD.TO and 0.07% for VUAA.L.

Portfolio Optimizer

Find the right allocation for XCD.TO and VUAA.L

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