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

XDIV.TO vs. WMT

Last updated Jun 13, 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 WMT (Walmart Inc.) is a stock. Over the past 5 years, XDIV.TO returned 17.21%/yr vs 26.04%/yr for WMT. At a 0.18 correlation, their price movements are largely independent.

Performance

XDIV.TO vs. WMT - 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 Walmart Inc. (WMT). 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 WMT is traded in USD. To make them comparable, the WMT 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 WMT's 11.40% return.

XDIV.TO

1D
0.57%
1M
5.40%
YTD
21.85%
6M
20.22%
1Y
40.60%
3Y*
24.13%
5Y*
17.21%
10Y*
—

WMT

1D
0.74%
1M
-5.99%
YTD
11.40%
6M
5.73%
1Y
31.73%
3Y*
36.23%
5Y*
26.04%
10Y*
20.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDIV.TO vs. WMT - 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%
WMT
Walmart Inc.		11.40%18.81%88.72%10.20%5.84%1.92%20.40%24.80%4.69%17.72%

Correlation

The correlation between XDIV.TO and WMT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

0.06

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

0.13

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

0.20

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

0.18

The correlation between XDIV.TO and WMT shifts across timeframes, from 0.06 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.

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iShares Core MSCI Canadian Quality Dividend Index ETF

Walmart 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 WMT:
WMT vs. COSTWMT vs. TGTWMT vs. VOOWMT vs. KRWMT vs. XLPWMT vs. SCHDWMT vs. ABBV

Return for Risk

XDIV.TO vs. WMT — 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
WMT
WMT Risk / Return Rank: 7676
Overall Rank
WMT Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
WMT Sortino Ratio Rank: 7373
Sortino Ratio Rank
WMT Omega Ratio Rank: 7474
Omega Ratio Rank
WMT Calmar Ratio Rank: 7575
Calmar Ratio Rank
WMT Martin Ratio Rank: 8080
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. WMT - 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 Walmart Inc. (WMT). 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.TOWMTDifference
Sharpe ratioReturn per unit of total volatility
5.14
1.31

+3.83

Sortino ratioReturn per unit of downside risk
7.59
1.93

+5.66

Omega ratioGain probability vs. loss probability

2.07

1.25

+0.82

Calmar ratioReturn relative to maximum drawdown

17.55

2.11

+15.45

Martin ratioReturn relative to average drawdown

59.35

6.88

+52.47

XDIV.TO vs. WMT - Sharpe Ratio Comparison

The current XDIV.TO Sharpe Ratio is 5.14, which is higher than the WMT Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of XDIV.TO and WMT, 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. WMT - Drawdown Comparison

The maximum XDIV.TO drawdown since its inception was -41.29%, smaller than the maximum WMT drawdown of -47.96%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and WMT.

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Drawdown Indicators

XDIV.TOWMTDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-47.96%

+6.67%

Max Drawdown (1Y)

Largest decline over 1 year

-2.32%

-15.14%

+12.82%

Max Drawdown (3Y)

Largest decline over 3 years

-10.53%

-22.27%

+11.74%

Max Drawdown (5Y)

Largest decline over 5 years

-17.33%

-24.22%

+6.89%

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.22%

—

Current Drawdown

Current decline from peak

0.00%

-8.18%

+8.18%

Average Drawdown

Average peak-to-trough decline

-4.39%

-13.52%

+9.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

4.63%

-3.94%

Volatility

XDIV.TO vs. WMT - Volatility Comparison

The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.47%, while Walmart Inc. (WMT) has a volatility of 10.09%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDIV.TOWMTDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.47%

10.09%

-7.62%

Volatility (6M)

Calculated over the trailing 6-month period

6.45%

19.05%

-12.60%

Volatility (1Y)

Calculated over the trailing 1-year period

7.95%

24.45%

-16.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.51%

22.53%

-12.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.33%

22.81%

-6.48%

Dividends

XDIV.TO vs. WMT - Dividend Comparison

XDIV.TO's dividend yield for the trailing twelve months is around 3.25%, more than WMT's 0.80% yield.

PositionTTM20252024202320222021202020192018201720162015
WMT
Walmart Inc.		0.80%0.84%0.92%1.45%1.58%1.52%1.50%1.78%2.23%2.07%2.89%3.20%
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 WMT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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