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XDIV.TO vs. NNN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDIV.TO vs. NNN

Last updated Jun 14, 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 NNN (National Retail Properties, Inc.) is a stock. Over the past 5 years, XDIV.TO returned 17.21%/yr vs 7.11%/yr for NNN. At a 0.31 correlation, their price movements are largely independent.

Performance

XDIV.TO vs. NNN - 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 National Retail Properties, Inc. (NNN). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, XDIV.TO achieves a 21.85% return, which is significantly lower than NNN's 23.39% return.

XDIV.TO

1D
0.57%
1M
4.75%
YTD
21.85%
6M
20.22%
1Y
40.47%
3Y*
24.13%
5Y*
17.21%
10Y*
—

NNN

1D
1.23%
1M
8.50%
YTD
23.39%
6M
20.12%
1Y
19.55%
3Y*
10.47%
5Y*
7.11%
10Y*
5.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. NNN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		21.85%25.04%19.84%11.95%0.49%33.31%-7.53%25.14%-9.81%8.00%
NNN
National Retail Properties, Inc.		23.39%-1.89%8.40%-2.96%6.33%23.02%-21.21%10.05%27.73%7.22%

Correlation

The correlation between XDIV.TO and NNN is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.14

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

0.28

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

0.34

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2017

0.31

The correlation between XDIV.TO and NNN shifts across timeframes, from 0.14 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares Core MSCI Canadian Quality Dividend Index ETF

National Retail Properties, Inc.

Often compared with XDIV.TO:
XDIV.TO vs. VDY.TOXDIV.TO vs. XEI.TOXDIV.TO vs. XDV.TOXDIV.TO vs. XEQT.TOXDIV.TO vs. HDIV.TOXDIV.TO vs. XIU.TOXDIV.TO vs. CDZ.TO
Often compared with NNN:
NNN vs. ONNN vs. WPCNNN vs. VICINNN vs. NUNNN vs. MAANNN vs. IRMNNN vs. EXR

Return for Risk

XDIV.TO vs. NNN — 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: 9898
Overall Rank
XDIV.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
XDIV.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
XDIV.TO Omega Ratio Rank: 9898
Omega Ratio Rank
XDIV.TO Calmar Ratio Rank: 9999
Calmar Ratio Rank
XDIV.TO Martin Ratio Rank: 9898
Martin Ratio Rank
NNN
NNN Risk / Return Rank: 7070
Overall Rank
NNN Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
NNN Sortino Ratio Rank: 6666
Sortino Ratio Rank
NNN Omega Ratio Rank: 6363
Omega Ratio Rank
NNN Calmar Ratio Rank: 7575
Calmar Ratio Rank
NNN Martin Ratio Rank: 7474
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.

XDIV.TO vs. NNN - 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 National Retail Properties, Inc. (NNN). 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.

XDIV.TONNNDifference
Sharpe ratioReturn per unit of total volatility
5.14
1.08

+4.05

Sortino ratioReturn per unit of downside risk
7.59
1.57

+6.01

Omega ratioGain probability vs. loss probability

2.07

1.19

+0.88

Calmar ratioReturn relative to maximum drawdown

17.55

2.01

+15.54

Martin ratioReturn relative to average drawdown

59.35

5.37

+53.98

XDIV.TO vs. NNN - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.14, which is higher than the NNN Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of XDIV.TO and NNN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XDIV.TO vs. NNN - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, smaller than the maximum NNN drawdown of -51.94%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and NNN.

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Drawdown Indicators

XDIV.TONNNDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-51.94%

+10.65%

Max Drawdown (1Y)

Largest decline over 1 year

-2.32%

-9.28%

+6.96%

Max Drawdown (3Y)

Largest decline over 3 years

-10.53%

-19.29%

+8.76%

Max Drawdown (5Y)

Largest decline over 5 years

-17.33%

-24.12%

+6.79%

Max Drawdown (10Y)

Largest decline over 10 years

—

-51.90%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.39%

-11.91%

+7.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

3.47%

-2.78%

Volatility

XDIV.TO vs. NNN - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.47%, while National Retail Properties, Inc. (NNN) has a volatility of 5.51%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than NNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDIV.TONNNDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.47%

5.51%

-3.04%

Volatility (6M)

Calculated over the trailing 6-month period

6.45%

11.75%

-5.30%

Volatility (1Y)

Calculated over the trailing 1-year period

7.95%

17.20%

-9.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.51%

20.42%

-9.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.33%

28.52%

-12.19%

Dividends

XDIV.TO vs. NNN - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.25%, less than NNN's 5.15% yield.

PositionTTM20252024202320222021202020192018201720162015
NNN
National Retail Properties, Inc.		5.15%5.96%5.61%5.17%4.72%4.37%5.06%3.79%4.02%4.31%4.03%4.27%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		3.25%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

XDIV.TO and NNN have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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