XDG.TO vs. SCHD
XDG.TO (iShares Core MSCI Global Quality Dividend Index ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - XDG.TO is a Global Equities fund tracking the Morningstar Gbl GR CAD, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, XDG.TO returned 11.34%/yr vs 11.36%/yr for SCHD. A 0.76 correlation means they provide meaningful diversification when combined. XDG.TO charges 0.22%/yr vs 0.06%/yr for SCHD.
Performance
XDG.TO vs. SCHD - Performance Comparison
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Different Trading Currencies
XDG.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, XDG.TO achieves a 9.07% return, which is significantly lower than SCHD's 20.03% return.
XDG.TO
- 1D
- 0.00%
- 1M
- 3.72%
- YTD
- 9.07%
- 6M
- 8.39%
- 1Y
- 19.79%
- 3Y*
- 15.60%
- 5Y*
- 11.34%
- 10Y*
- —
SCHD
- 1D
- 0.00%
- 1M
- 4.32%
- YTD
- 20.03%
- 6M
- 17.69%
- 1Y
- 28.28%
- 3Y*
- 16.27%
- 5Y*
- 11.36%
- 10Y*
- 13.54%
XDG.TO vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDG.TO iShares Core MSCI Global Quality Dividend Index ETF | 9.07% | 13.74% | 17.44% | 7.06% | 1.78% | 15.16% | -1.68% | 17.32% | 0.98% | 2.14% |
SCHD Schwab U.S. Dividend Equity ETF | 20.52% | -0.44% | 21.25% | 2.24% | 3.64% | 28.70% | 13.08% | 21.03% | 2.45% | 7.96% |
Correlation
The correlation between XDG.TO and SCHD is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.76 |
The correlation between XDG.TO and SCHD has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.
XDG.TO vs. SCHD - Sectors Allocation Comparison
Sectors
XDG.TO
SCHD
Healthcare
Consumer Defensive
Financial Services
Industrials
Energy
Technology
Consumer Cyclical
Utilities
Communication Services
Basic Materials
Real Estate
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Healthcare
XDG.TO
SCHD
Consumer Defensive
XDG.TO
SCHD
Financial Services
XDG.TO
SCHD
Industrials
XDG.TO
SCHD
Energy
XDG.TO
SCHD
Technology
XDG.TO
SCHD
Consumer Cyclical
XDG.TO
SCHD
Utilities
XDG.TO
SCHD
Communication Services
XDG.TO
SCHD
Basic Materials
XDG.TO
SCHD
Real Estate
XDG.TO
SCHD
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Return for Risk
XDG.TO vs. SCHD — Risk / Return Rank
XDG.TO
SCHD
XDG.TO vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Global Quality Dividend Index ETF (XDG.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.
| XDG.TO | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.47 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 6.61 | -4.08 |
| Martin ratioReturn relative to average drawdown | 9.02 | 19.13 | -10.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XDG.TO | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.57 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.90 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.12 | -0.42 |
Drawdowns
XDG.TO vs. SCHD - Drawdown Comparison
The maximum XDG.TO drawdown since its inception was -27.08%, roughly equal to the maximum SCHD drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for XDG.TO and SCHD.
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Drawdown Indicators
| XDG.TO | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.08% | -26.93% | -0.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -4.30% | -3.57% |
Max Drawdown (3Y)Largest decline over 3 years | -12.33% | -15.30% | +2.97% |
Max Drawdown (5Y)Largest decline over 5 years | -12.33% | -15.30% | +2.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.93% | — |
Current DrawdownCurrent decline from peak | -1.95% | -1.22% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -2.86% | -0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.48% | +0.72% |
Volatility
XDG.TO vs. SCHD - Volatility Comparison
iShares Core MSCI Global Quality Dividend Index ETF (XDG.TO) has a higher volatility of 3.12% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.63%. This indicates that XDG.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.
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Volatility by Period
| XDG.TO | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 2.63% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 8.23% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 11.10% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 12.63% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.14% | 15.18% | -2.04% |
XDG.TO vs. SCHD - Expense Ratio Comparison
XDG.TO has a 0.22% 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
XDG.TO vs. SCHD - Dividend Comparison
XDG.TO's dividend yield for the trailing twelve months is around 2.82%, less than SCHD's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.26% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
XDG.TO iShares Core MSCI Global Quality Dividend Index ETF | 2.82% | 2.89% | 2.90% | 3.13% | 3.27% | 2.97% | 3.27% | 3.18% | 3.47% | 1.67% | 0.00% | 0.00% |
Frequently Asked Questions
XDG.TO and SCHD have a correlation of 0.74, 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 0.22% for XDG.TO.
XDG.TO is categorized as Global Equities, while SCHD is Dividend. XDG.TO tracks Morningstar Gbl GR CAD, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.22% for XDG.TO and 0.06% for SCHD.
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