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

XDIV.TO vs. QTUM

Last updated Jun 9, 2026

XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - XDIV.TO is a Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. Over the past 5 years, XDIV.TO returned 16.85%/yr vs 31.47%/yr for QTUM. At a 0.43 correlation, their price movements are largely independent. XDIV.TO charges 0.11%/yr vs 0.40%/yr for QTUM.

Performance

XDIV.TO vs. QTUM - 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 Defiance Quantum ETF (QTUM). 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 QTUM is traded in USD. To make them comparable, the QTUM 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 19.75% return, which is significantly lower than QTUM's 46.76% 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*
—

QTUM

1D
3.53%
1M
11.11%
YTD
46.76%
6M
40.31%
1Y
84.47%
3Y*
50.61%
5Y*
31.47%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. QTUM - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
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%-9.34%
QTUM
Defiance Quantum ETF		46.76%30.41%63.29%36.54%-24.29%35.12%38.68%41.89%-16.27%

Correlation

The correlation between XDIV.TO and QTUM is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.25

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

0.34

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

0.38

Correlation (All Time)
Calculated using the full available price history since Sep 6, 2018

0.43

The correlation between XDIV.TO and QTUM shifts across timeframes, from 0.25 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

XDIV.TO vs. QTUM - Sectors Allocation Comparison

Sectors
XDIV.TO
QTUM

Financial Services

46.7%

-

Energy

28.8%

-

Consumer Cyclical

11.5%
0.7%

Utilities

11.3%

-

Technology

1.3%
85.1%

Communication Services

0.4%
4.9%

Basic Materials

-

-

Consumer Defensive

-

-

Healthcare

-

0.6%

Industrials

-

8.7%

Real Estate

-

-

Financial Services

XDIV.TO
46.7%
QTUM

-

Energy

XDIV.TO
28.8%
QTUM

-

Consumer Cyclical

XDIV.TO
11.5%
QTUM
0.7%

Utilities

XDIV.TO
11.3%
QTUM

-

Technology

XDIV.TO
1.3%
QTUM
85.1%

Communication Services

XDIV.TO
0.4%
QTUM
4.9%

Basic Materials

XDIV.TO

-

QTUM

-

Consumer Defensive

XDIV.TO

-

QTUM

-

Healthcare

XDIV.TO

-

QTUM
0.6%

Industrials

XDIV.TO

-

QTUM
8.7%

Real Estate

XDIV.TO

-

QTUM

-

Compare stocks, funds, or ETFs

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iShares Core MSCI Canadian Quality Dividend Index ETF

Defiance Quantum ETF

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 QTUM:
QTUM vs. QNTMQTUM vs. IONQQTUM vs. ARKQQTUM vs. FTECQTUM vs. WQTM.DEQTUM vs. RGTIQTUM vs. SCHD

Return for Risk

XDIV.TO vs. QTUM — 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
QTUM
QTUM Risk / Return Rank: 8989
Overall Rank
QTUM Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
QTUM Sortino Ratio Rank: 8484
Sortino Ratio Rank
QTUM Omega Ratio Rank: 8585
Omega Ratio Rank
QTUM Calmar Ratio Rank: 9191
Calmar Ratio Rank
QTUM Martin Ratio Rank: 9191
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. QTUM - 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 Defiance Quantum ETF (QTUM). 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.TOQTUMDifference
Sharpe ratioReturn per unit of total volatility
5.04
3.04

+1.99

Sortino ratioReturn per unit of downside risk
7.43
3.56

+3.87

Omega ratioGain probability vs. loss probability

2.05

1.48

+0.58

Calmar ratioReturn relative to maximum drawdown

17.11

6.12

+10.99

Martin ratioReturn relative to average drawdown

57.96

21.04

+36.92

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. QTUM - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.04, which is higher than the QTUM Sharpe Ratio of 3.04. The chart below compares the historical Sharpe Ratios of XDIV.TO and QTUM, 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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Sharpe Ratios by Period

XDIV.TOQTUMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.04

3.04

+1.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.61

1.15

+0.46

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

1.04

-0.23

Drawdowns

XDIV.TO vs. QTUM - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, which is greater than QTUM's maximum drawdown of -33.52%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and QTUM.

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Drawdown Indicators

XDIV.TOQTUMDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-33.52%

-7.77%

Max Drawdown (1Y)

Largest decline over 1 year

-2.32%

-13.88%

+11.56%

Max Drawdown (3Y)

Largest decline over 3 years

-10.53%

-25.61%

+15.08%

Max Drawdown (5Y)

Largest decline over 5 years

-17.33%

-33.52%

+16.19%

Current Drawdown

Current decline from peak

-0.44%

-5.82%

+5.38%

Average Drawdown

Average peak-to-trough decline

-4.40%

-7.36%

+2.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.68%

4.03%

-3.35%

Volatility

XDIV.TO vs. QTUM - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.57%, while Defiance Quantum ETF (QTUM) has a volatility of 13.61%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDIV.TOQTUMDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.57%

13.61%

-11.04%

Volatility (6M)

Calculated over the trailing 6-month period

6.39%

22.69%

-16.30%

Volatility (1Y)

Calculated over the trailing 1-year period

7.91%

27.96%

-20.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.51%

27.48%

-16.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.35%

27.98%

-11.63%

XDIV.TO vs. QTUM - Expense Ratio Comparison

XDIV.TO has a 0.11% expense ratio, which is lower than QTUM's 0.40% expense ratio.

Dividends

XDIV.TO vs. QTUM - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.31%, more than QTUM's 0.74% yield.

PositionTTM202520242023202220212020201920182017
QTUM
Defiance Quantum ETF		0.74%1.01%0.61%0.81%1.46%0.48%0.42%0.61%0.21%0.00%
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%

Frequently Asked Questions

XDIV.TO and QTUM have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XDIV.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XDIV.TO is cheaper with a 0.11% expense ratio, compared with 0.40% for QTUM.

XDIV.TO is categorized as Dividend, while QTUM is Technology Equities. XDIV.TO tracks MSCI Canada High Dividend Yield 10% Security Capped Index, while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.11% for XDIV.TO and 0.40% for QTUM.

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