XDIV.TO vs. CRT-UN.TO

Last updated Jun 9, 2026

XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) is Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index, while CRT-UN.TO (CT Real Estate Investment Trust) is a stock. Over the past 5 years, XDIV.TO returned 16.85%/yr vs 7.05%/yr for CRT-UN.TO. At a 0.41 correlation, their price movements are largely independent.

Performance

XDIV.TO vs. CRT-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) and CT Real Estate Investment Trust (CRT-UN.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDIV.TO achieves a 19.75% return, which is significantly higher than CRT-UN.TO's 11.59% return.

XDIV.TO

• 1D: 0.12%
• 1M: 3.88%
• YTD: 19.75%
• 6M: 19.03%
• 1Y: 39.58%
• 3Y*: 23.46%
• 5Y*: 16.85%
• 10Y*: —

CRT-UN.TO

• 1D: -0.11%
• 1M: 1.42%
• YTD: 11.59%
• 6M: 15.18%
• 1Y: 16.30%
• 3Y*: 12.39%
• 5Y*: 7.05%
• 10Y*: 7.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. CRT-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	19.75%	25.04%	19.84%	11.95%	0.49%	33.31%	-7.53%	25.14%	-9.81%	8.00%
CRT-UN.TO CT Real Estate Investment Trust	11.59%	20.98%	3.91%	-0.26%	-5.16%	16.12%	2.73%	47.59%	-15.85%	0.36%

Correlation

The correlation between XDIV.TO and CRT-UN.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jun 14, 2017	0.41

The correlation between XDIV.TO and CRT-UN.TO shifts across timeframes, from 0.29 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XDIV.TO vs. CRT-UN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDIV.TO

XDIV.TO Risk / Return Rank: 98
XDIV.TO Sharpe Ratio Rank: 98
XDIV.TO Sortino Ratio Rank: 98
XDIV.TO Omega Ratio Rank: 98
XDIV.TO Calmar Ratio Rank: 99
XDIV.TO Martin Ratio Rank: 98

CRT-UN.TO

CRT-UN.TO Risk / Return Rank: 77
CRT-UN.TO Sharpe Ratio Rank: 79
CRT-UN.TO Sortino Ratio Rank: 75
CRT-UN.TO Omega Ratio Rank: 71
CRT-UN.TO Calmar Ratio Rank: 81
CRT-UN.TO Martin Ratio Rank: 82

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.

XDIV.TO vs. CRT-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) and CT Real Estate Investment Trust (CRT-UN.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.

	XDIV.TO	CRT-UN.TO	Difference
Sharpe ratio: Return per unit of total volatility	5.04	1.29	+3.75
Sortino ratio: Return per unit of downside risk	7.43	1.93	+5.50
Omega ratio: Gain probability vs. loss probability	2.05	1.22	+0.83
Calmar ratio: Return relative to maximum drawdown	17.11	2.63	+14.49
Martin ratio: Return relative to average drawdown	57.96	6.86	+51.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDIV.TO vs. CRT-UN.TO - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.04, which is higher than the CRT-UN.TO Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of XDIV.TO and CRT-UN.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XDIV.TO	CRT-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.04	1.29	+3.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.61	0.40	+1.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.54	+0.27

Drawdowns

XDIV.TO vs. CRT-UN.TO - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, smaller than the maximum CRT-UN.TO drawdown of -45.88%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and CRT-UN.TO.

Drawdown Indicators

	XDIV.TO	CRT-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-41.29%	-45.88%	+4.59%
Max Drawdown (1Y) Largest decline over 1 year	-2.32%	-6.24%	+3.92%
Max Drawdown (3Y) Largest decline over 3 years	-10.53%	-17.38%	+6.85%
Max Drawdown (5Y) Largest decline over 5 years	-17.33%	-24.70%	+7.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.88%	—
Current Drawdown Current decline from peak	-0.44%	-0.84%	+0.40%
Average Drawdown Average peak-to-trough decline	-4.40%	-6.26%	+1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	2.38%	-1.70%

Volatility

XDIV.TO vs. CRT-UN.TO - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.57%, while CT Real Estate Investment Trust (CRT-UN.TO) has a volatility of 2.78%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than CRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDIV.TO	CRT-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	2.78%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	6.39%	9.36%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	7.91%	12.74%	-4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.51%	17.64%	-7.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.35%	20.22%	-3.87%

Dividends

XDIV.TO vs. CRT-UN.TO - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.31%, less than CRT-UN.TO's 5.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRT-UN.TO CT Real Estate Investment Trust	5.35%	5.77%	6.40%	6.04%	5.48%	4.76%	5.08%	4.71%	6.34%	4.84%	4.54%	5.11%
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	3.31%	3.90%	4.50%	4.42%	4.15%	3.76%	4.85%	4.24%	5.13%	1.92%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDIV.TO and CRT-UN.TO in my portfolio?

XDIV.TO and CRT-UN.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.