XDIV.TO vs. XUS.TO
XDIV.TO (iShares Core MSCI Canadian Quality Dividend Index ETF) and XUS.TO (iShares Core S&P 500 Index ETF) are both exchange-traded funds - XDIV.TO is a Dividend fund tracking the MSCI Canada High Dividend Yield 10% Security Capped Index, while XUS.TO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, XDIV.TO returned 16.42%/yr vs 16.78%/yr for XUS.TO. A 0.51 correlation means they provide meaningful diversification when combined. XDIV.TO charges 0.11%/yr vs 0.09%/yr for XUS.TO.
Performance
XDIV.TO vs. XUS.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDIV.TO achieves a 19.17% return, which is significantly higher than XUS.TO's 12.21% return.
XDIV.TO
- 1D
- 0.19%
- 1M
- 3.65%
- YTD
- 19.17%
- 6M
- 18.94%
- 1Y
- 38.61%
- 3Y*
- 22.97%
- 5Y*
- 16.42%
- 10Y*
- —
XUS.TO
- 1D
- -0.31%
- 1M
- 7.22%
- YTD
- 12.21%
- 6M
- 10.39%
- 1Y
- 29.30%
- 3Y*
- 23.52%
- 5Y*
- 16.78%
- 10Y*
- 15.98%
XDIV.TO vs. XUS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 19.17% | 24.92% | 19.56% | 11.71% | 0.29% | 32.25% | -7.81% | 24.84% | -10.04% | 8.48% |
XUS.TO iShares Core S&P 500 Index ETF | 12.21% | 12.19% | 35.16% | 23.31% | -12.59% | 27.20% | 15.56% | 24.57% | 3.31% | 4.96% |
Correlation
The correlation between XDIV.TO and XUS.TO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2017 | 0.51 |
The correlation between XDIV.TO and XUS.TO shifts across timeframes, from 0.36 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
XDIV.TO vs. XUS.TO - Sectors Allocation Comparison
Sectors
XDIV.TO
XUS.TO
Financial Services
Energy
Consumer Cyclical
Utilities
Technology
Communication Services
Basic Materials
-
Consumer Defensive
-
Healthcare
-
Industrials
-
Real Estate
-
Financial Services
XDIV.TO
XUS.TO
Energy
XDIV.TO
XUS.TO
Consumer Cyclical
XDIV.TO
XUS.TO
Utilities
XDIV.TO
XUS.TO
Technology
XDIV.TO
XUS.TO
Communication Services
XDIV.TO
XUS.TO
Basic Materials
XDIV.TO
-
XUS.TO
Consumer Defensive
XDIV.TO
-
XUS.TO
Healthcare
XDIV.TO
-
XUS.TO
Industrials
XDIV.TO
-
XUS.TO
Real Estate
XDIV.TO
-
XUS.TO
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDIV.TO vs. XUS.TO — Risk / Return Rank
XDIV.TO
XUS.TO
XDIV.TO vs. XUS.TO - 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 iShares Core S&P 500 Index ETF (XUS.TO). 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.TO | XUS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.82 | ||
| Omega ratioGain probability vs. loss probability | 2.03 | 1.47 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 16.64 | 3.41 | +13.23 |
| Martin ratioReturn relative to average drawdown | 56.55 | 12.94 | +43.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XDIV.TO | XUS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.94 | 2.55 | +2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.57 | 1.13 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.98 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 1.08 | -0.27 |
Drawdowns
XDIV.TO vs. XUS.TO - Drawdown Comparison
The maximum XDIV.TO drawdown since its inception was -41.30%, which is greater than XUS.TO's maximum drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for XDIV.TO and XUS.TO.
Loading charts...
Drawdown Indicators
| XDIV.TO | XUS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.30% | -27.23% | -14.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.33% | -8.63% | +6.30% |
Max Drawdown (3Y)Largest decline over 3 years | -10.53% | -18.96% | +8.43% |
Max Drawdown (5Y)Largest decline over 5 years | -17.60% | -21.85% | +4.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.23% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.31% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -3.46% | -0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 2.27% | -1.58% |
Volatility
XDIV.TO vs. XUS.TO - Volatility Comparison
The current volatility for iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is 2.81%, while iShares Core S&P 500 Index ETF (XUS.TO) has a volatility of 3.19%. This indicates that XDIV.TO experiences smaller price fluctuations and is considered to be less risky than XUS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDIV.TO | XUS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 3.19% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 6.36% | 8.66% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.85% | 11.58% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.53% | 14.92% | -4.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.01% | 16.48% | -0.47% |
XDIV.TO vs. XUS.TO - Expense Ratio Comparison
XDIV.TO has a 0.11% expense ratio, which is higher than XUS.TO's 0.09% 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. XUS.TO - Dividend Comparison
XDIV.TO's dividend yield for the trailing twelve months is around 3.28%, more than XUS.TO's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF | 3.28% | 3.81% | 4.29% | 4.20% | 3.95% | 3.58% | 4.58% | 4.02% | 4.85% | 1.82% | 0.00% | 0.00% |
XUS.TO iShares Core S&P 500 Index ETF | 1.12% | 1.26% | 1.03% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% |
Frequently Asked Questions
XDIV.TO and XUS.TO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUS.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUS.TO is cheaper with a 0.09% expense ratio, compared with 0.11% for XDIV.TO.
XDIV.TO is categorized as Dividend, while XUS.TO is S&P 500. XDIV.TO tracks MSCI Canada High Dividend Yield 10% Security Capped Index, while XUS.TO tracks S&P 500 Index. Their fees differ too: 0.11% for XDIV.TO and 0.09% for XUS.TO.
Find the right allocation for XDIV.TO and XUS.TO
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