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

XDIV.TO vs. VIGI

Last updated Jun 14, 2026

XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) and VIGI (Vanguard International Dividend Appreciation ETF) are both Dividend funds - XDIV.TO tracks the MSCI Canada High Dividend Yield 10% Security Capped Index while VIGI tracks the S&P Global Ex-U.S. Dividend Growers Index. Both are passively managed. Over the past 5 years, XDIV.TO returned 17.21%/yr vs 7.33%/yr for VIGI. At a 0.49 correlation, their price movements are largely independent. XDIV.TO charges 0.11%/yr vs 0.15%/yr for VIGI.

Performance

XDIV.TO vs. VIGI - 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 Vanguard International Dividend Appreciation ETF (VIGI). 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 VIGI is traded in USD. To make them comparable, the VIGI 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 higher than VIGI's 5.19% 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*
—

VIGI

1D
-0.04%
1M
3.53%
YTD
5.19%
6M
5.40%
1Y
9.44%
3Y*
11.15%
5Y*
7.33%
10Y*
9.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. VIGI - 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%
VIGI
Vanguard International Dividend Appreciation ETF		5.19%11.55%11.43%13.53%-11.51%12.46%11.94%22.28%-4.06%1.91%

Correlation

The correlation between XDIV.TO and VIGI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.39

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

0.51

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

0.50

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

0.49

The correlation between XDIV.TO and VIGI shifts across timeframes, from 0.39 (1 year) to 0.51 (3 years), reflecting how their relationship changes across market environments.

XDIV.TO vs. VIGI - Sectors Allocation Comparison

Sectors
XDIV.TO
VIGI

Financial Services

46.7%
29.0%

Energy

28.8%
2.8%

Consumer Cyclical

11.5%
3.1%

Utilities

11.3%
4.8%

Technology

1.3%
11.5%

Communication Services

0.4%
1.3%

Basic Materials

-

4.1%

Consumer Defensive

-

9.7%

Healthcare

-

14.6%

Industrials

-

17.1%

Real Estate

-

1.3%

Financial Services

XDIV.TO
46.7%
VIGI
29.0%

Energy

XDIV.TO
28.8%
VIGI
2.8%

Consumer Cyclical

XDIV.TO
11.5%
VIGI
3.1%

Utilities

XDIV.TO
11.3%
VIGI
4.8%

Technology

XDIV.TO
1.3%
VIGI
11.5%

Communication Services

XDIV.TO
0.4%
VIGI
1.3%

Basic Materials

XDIV.TO

-

VIGI
4.1%

Consumer Defensive

XDIV.TO

-

VIGI
9.7%

Healthcare

XDIV.TO

-

VIGI
14.6%

Industrials

XDIV.TO

-

VIGI
17.1%

Real Estate

XDIV.TO

-

VIGI
1.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core MSCI Canadian Quality Dividend Index ETF

Vanguard International Dividend Appreciation 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 VIGI:
VIGI vs. VYMIVIGI vs. VIGVIGI vs. SCHYVIGI vs. VXUSVIGI vs. IGROVIGI vs. SCHDVIGI vs. IQLT

Return for Risk

XDIV.TO vs. VIGI — 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
VIGI
VIGI Risk / Return Rank: 1616
Overall Rank
VIGI Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
VIGI Sortino Ratio Rank: 1515
Sortino Ratio Rank
VIGI Omega Ratio Rank: 1515
Omega Ratio Rank
VIGI Calmar Ratio Rank: 1616
Calmar Ratio Rank
VIGI Martin Ratio Rank: 1818
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. VIGI - 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 Vanguard International Dividend Appreciation ETF (VIGI). 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.TOVIGIDifference
Sharpe ratioReturn per unit of total volatility
5.14
0.54

+4.60

Sortino ratioReturn per unit of downside risk
7.59
0.86

+6.73

Omega ratioGain probability vs. loss probability

2.07

1.10

+0.96

Calmar ratioReturn relative to maximum drawdown

17.55

0.74

+16.81

Martin ratioReturn relative to average drawdown

59.35

2.63

+56.71

XDIV.TO vs. VIGI - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.14, which is higher than the VIGI Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of XDIV.TO and VIGI, 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. VIGI - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, which is greater than VIGI's maximum drawdown of -24.97%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and VIGI.

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Drawdown Indicators

XDIV.TOVIGIDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-24.97%

-16.32%

Max Drawdown (1Y)

Largest decline over 1 year

-2.32%

-10.08%

+7.76%

Max Drawdown (3Y)

Largest decline over 3 years

-10.53%

-12.30%

+1.77%

Max Drawdown (5Y)

Largest decline over 5 years

-17.33%

-22.59%

+5.26%

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.97%

—

Current Drawdown

Current decline from peak

0.00%

-0.29%

+0.29%

Average Drawdown

Average peak-to-trough decline

-4.39%

-4.38%

-0.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

2.89%

-2.20%

Volatility

XDIV.TO vs. VIGI - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.47%, while Vanguard International Dividend Appreciation ETF (VIGI) has a volatility of 3.54%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than VIGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDIV.TOVIGIDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.47%

3.54%

-1.07%

Volatility (6M)

Calculated over the trailing 6-month period

6.45%

10.93%

-4.48%

Volatility (1Y)

Calculated over the trailing 1-year period

7.95%

13.82%

-5.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.51%

15.67%

-5.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.33%

17.12%

-0.79%

XDIV.TO vs. VIGI - Expense Ratio Comparison

XDIV.TO has a 0.11% expense ratio, which is lower than VIGI's 0.15% 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

XDIV.TO vs. VIGI - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.25%, more than VIGI's 2.14% yield.

PositionTTM2025202420232022202120202019201820172016
VIGI
Vanguard International Dividend Appreciation ETF		2.14%2.14%1.93%1.92%2.06%7.02%1.29%1.83%1.99%1.75%1.05%
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%

Frequently Asked Questions

XDIV.TO and VIGI have a correlation of 0.39, 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 0.15% for VIGI.

XDIV.TO tracks MSCI Canada High Dividend Yield 10% Security Capped Index, while VIGI tracks S&P Global Ex-U.S. Dividend Growers Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.11% for XDIV.TO and 0.15% for VIGI.

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