PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDIV.TO vs. VTV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDIV.TO vs. VTV

Last updated Jun 14, 2026

XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - XDIV.TO is a Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Both are passively managed. Over the past 5 years, XDIV.TO returned 17.21%/yr vs 15.04%/yr for VTV. A 0.58 correlation means they provide meaningful diversification when combined. XDIV.TO charges 0.11%/yr vs 0.04%/yr for VTV.

Performance

XDIV.TO vs. VTV - 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 Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

XDIV.TO is traded in CAD, while VTV is traded in USD. To make them comparable, the VTV 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 VTV's 16.61% 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*
—

VTV

1D
1.12%
1M
5.89%
YTD
16.61%
6M
15.61%
1Y
31.43%
3Y*
19.93%
5Y*
15.04%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. VTV - 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%
VTV
Vanguard Value ETF		16.61%10.01%25.77%6.71%4.12%26.47%-0.10%20.48%2.47%3.99%

Correlation

The correlation between XDIV.TO and VTV is 0.51, 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

0.51

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

0.57

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

0.60

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

0.58

The correlation between XDIV.TO and VTV has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

XDIV.TO vs. VTV - Sectors Allocation Comparison

Sectors
XDIV.TO
VTV

Financial Services

46.7%
22.3%

Energy

28.8%
8.1%

Consumer Cyclical

11.5%
4.0%

Utilities

11.3%
5.2%

Technology

1.3%
13.4%

Communication Services

0.4%
3.3%

Basic Materials

-

3.1%

Consumer Defensive

-

9.4%

Healthcare

-

14.5%

Industrials

-

14.0%

Real Estate

-

2.8%

Financial Services

XDIV.TO
46.7%
VTV
22.3%

Energy

XDIV.TO
28.8%
VTV
8.1%

Consumer Cyclical

XDIV.TO
11.5%
VTV
4.0%

Utilities

XDIV.TO
11.3%
VTV
5.2%

Technology

XDIV.TO
1.3%
VTV
13.4%

Communication Services

XDIV.TO
0.4%
VTV
3.3%

Basic Materials

XDIV.TO

-

VTV
3.1%

Consumer Defensive

XDIV.TO

-

VTV
9.4%

Healthcare

XDIV.TO

-

VTV
14.5%

Industrials

XDIV.TO

-

VTV
14.0%

Real Estate

XDIV.TO

-

VTV
2.8%

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 Value 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 VTV:
VTV vs. SCHDVTV vs. VOOVTV vs. VTIVTV vs. VUGVTV vs. VYMVTV vs. SCHVVTV vs. VIG

Return for Risk

XDIV.TO vs. VTV — 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
VTV
VTV Risk / Return Rank: 8888
Overall Rank
VTV Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
VTV Sortino Ratio Rank: 9090
Sortino Ratio Rank
VTV Omega Ratio Rank: 8787
Omega Ratio Rank
VTV Calmar Ratio Rank: 8787
Calmar Ratio Rank
VTV Martin Ratio Rank: 8787
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. VTV - 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 Value ETF (VTV). 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.TOVTVDifference
Sharpe ratioReturn per unit of total volatility
5.14
2.65

+2.49

Sortino ratioReturn per unit of downside risk
7.59
3.82

+3.77

Omega ratioGain probability vs. loss probability

2.07

1.47

+0.60

Calmar ratioReturn relative to maximum drawdown

17.55

5.21

+12.34

Martin ratioReturn relative to average drawdown

59.35

19.15

+40.20

XDIV.TO vs. VTV - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.14, which is higher than the VTV Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of XDIV.TO and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XDIV.TO vs. VTV - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, smaller than the maximum VTV drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and VTV.

Loading charts...

Drawdown Indicators

XDIV.TOVTVDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-52.38%

+11.09%

Max Drawdown (1Y)

Largest decline over 1 year

-2.32%

-5.74%

+3.42%

Max Drawdown (3Y)

Largest decline over 3 years

-10.53%

-15.12%

+4.59%

Max Drawdown (5Y)

Largest decline over 5 years

-17.33%

-15.12%

-2.21%

Max Drawdown (10Y)

Largest decline over 10 years

—

-31.22%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.39%

-9.15%

+4.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

1.56%

-0.87%

Volatility

XDIV.TO vs. VTV - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.47%, while Vanguard Value ETF (VTV) has a volatility of 3.58%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDIV.TOVTVDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.47%

3.58%

-1.11%

Volatility (6M)

Calculated over the trailing 6-month period

6.45%

8.63%

-2.18%

Volatility (1Y)

Calculated over the trailing 1-year period

7.95%

11.27%

-3.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.51%

15.09%

-4.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.33%

17.74%

-1.41%

XDIV.TO vs. VTV - Expense Ratio Comparison

XDIV.TO has a 0.11% expense ratio, which is higher than VTV's 0.04% expense ratio. However, 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. VTV - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.25%, more than VTV's 1.83% yield.

PositionTTM20252024202320222021202020192018201720162015
VTV
Vanguard Value ETF		1.83%2.05%2.31%2.46%2.52%2.15%2.56%2.50%2.73%2.29%2.44%2.60%
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 VTV have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VTV is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VTV is cheaper with a 0.04% expense ratio, compared with 0.11% for XDIV.TO.

XDIV.TO is categorized as Dividend, while VTV is Large Cap Value Equities. XDIV.TO tracks MSCI Canada High Dividend Yield 10% Security Capped Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.11% for XDIV.TO and 0.04% for VTV.

Portfolio Optimizer

Find the right allocation for XDIV.TO and VTV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer