XDG.TO vs. VBAL.TO
XDG.TO (iShares Core MSCI Global Quality Dividend Index ETF) and VBAL.TO (Vanguard Balanced ETF Portfolio) are both exchange-traded funds - XDG.TO is a Global Equities fund tracking the Morningstar Gbl GR CAD, while VBAL.TO is a Diversified Portfolio fund actively managed by Vanguard. XDG.TO is passively managed, while VBAL.TO is actively managed. Over the past 5 years, XDG.TO returned 11.34%/yr vs 7.87%/yr for VBAL.TO. A 0.70 correlation means they provide meaningful diversification when combined. XDG.TO charges 0.22%/yr vs 0.24%/yr for VBAL.TO.
Performance
XDG.TO vs. VBAL.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XDG.TO achieves a 9.07% return, which is significantly higher than VBAL.TO's 8.13% 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*
- —
VBAL.TO
- 1D
- -0.30%
- 1M
- 4.26%
- YTD
- 8.13%
- 6M
- 6.49%
- 1Y
- 18.31%
- 3Y*
- 13.79%
- 5Y*
- 7.87%
- 10Y*
- —
XDG.TO vs. VBAL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -0.41% |
VBAL.TO Vanguard Balanced ETF Portfolio | 8.13% | 11.88% | 14.56% | 12.43% | -11.44% | 10.16% | 10.23% | 14.85% | -2.87% |
Correlation
The correlation between XDG.TO and VBAL.TO is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2018 | 0.70 |
The correlation between XDG.TO and VBAL.TO shifts across timeframes, from 0.58 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
XDG.TO vs. VBAL.TO - Sectors Allocation Comparison
Sectors
XDG.TO
VBAL.TO
Healthcare
Consumer Defensive
Financial Services
Industrials
Energy
Technology
Consumer Cyclical
Utilities
Communication Services
Basic Materials
Real Estate
Healthcare
XDG.TO
VBAL.TO
Consumer Defensive
XDG.TO
VBAL.TO
Financial Services
XDG.TO
VBAL.TO
Industrials
XDG.TO
VBAL.TO
Energy
XDG.TO
VBAL.TO
Technology
XDG.TO
VBAL.TO
Consumer Cyclical
XDG.TO
VBAL.TO
Utilities
XDG.TO
VBAL.TO
Communication Services
XDG.TO
VBAL.TO
Basic Materials
XDG.TO
VBAL.TO
Real Estate
XDG.TO
VBAL.TO
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Return for Risk
XDG.TO vs. VBAL.TO — Risk / Return Rank
XDG.TO
VBAL.TO
XDG.TO vs. VBAL.TO - 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 Vanguard Balanced ETF Portfolio (VBAL.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.
| XDG.TO | VBAL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.44 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 3.10 | -0.57 |
| Martin ratioReturn relative to average drawdown | 9.02 | 13.17 | -4.15 |
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 | VBAL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.30 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.92 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.78 | -0.08 |
Drawdowns
XDG.TO vs. VBAL.TO - Drawdown Comparison
The maximum XDG.TO drawdown since its inception was -27.08%, which is greater than VBAL.TO's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for XDG.TO and VBAL.TO.
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Drawdown Indicators
| XDG.TO | VBAL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.08% | -21.19% | -5.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -5.93% | -1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -12.33% | -9.68% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -12.33% | -16.45% | +4.12% |
Current DrawdownCurrent decline from peak | -1.95% | -0.30% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -3.17% | +0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.39% | +0.81% |
Volatility
XDG.TO vs. VBAL.TO - Volatility Comparison
iShares Core MSCI Global Quality Dividend Index ETF (XDG.TO) has a higher volatility of 3.12% compared to Vanguard Balanced ETF Portfolio (VBAL.TO) at 2.73%. This indicates that XDG.TO's price experiences larger fluctuations and is considered to be riskier than VBAL.TO 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 | VBAL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 2.73% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 6.59% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 7.99% | +2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 8.63% | +1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.14% | 10.09% | +3.05% |
XDG.TO vs. VBAL.TO - Expense Ratio Comparison
XDG.TO has a 0.22% expense ratio, which is lower than VBAL.TO's 0.24% expense ratio. Despite the difference, 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. VBAL.TO - Dividend Comparison
XDG.TO's dividend yield for the trailing twelve months is around 2.82%, more than VBAL.TO's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
VBAL.TO Vanguard Balanced ETF Portfolio | 2.05% | 2.21% | 2.26% | 2.32% | 2.16% | 1.91% | 1.79% | 2.20% | 1.99% | 0.00% |
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% |
Frequently Asked Questions
XDG.TO and VBAL.TO have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDG.TO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDG.TO is cheaper with a 0.22% expense ratio, compared with 0.24% for VBAL.TO.
XDG.TO is categorized as Global Equities, while VBAL.TO is Diversified Portfolio. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.22% for XDG.TO and 0.24% for VBAL.TO.
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