PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDU.TO vs. SCHD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDU.TO vs. SCHD

Last updated Jun 4, 2026

XDU.TO (iShares Core MSCI US Quality Dividend Index ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - XDU.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, XDU.TO returned 9.04%/yr vs 11.36%/yr for SCHD. A 0.79 correlation means they provide meaningful diversification when combined. XDU.TO charges 0.16%/yr vs 0.06%/yr for SCHD.

Performance

XDU.TO vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

XDU.TO is traded in CAD, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XDU.TO achieves a 11.82% return, which is significantly lower than SCHD's 20.03% return.

XDU.TO

1D
0.36%
1M
5.28%
YTD
11.82%
6M
6.05%
1Y
16.98%
3Y*
11.88%
5Y*
9.04%
10Y*
—

SCHD

1D
0.00%
1M
4.32%
YTD
20.03%
6M
17.69%
1Y
28.28%
3Y*
16.27%
5Y*
11.36%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDU.TO vs. SCHD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF		11.82%2.42%14.09%3.53%1.36%20.68%-1.03%15.73%4.46%3.74%
SCHD
Schwab U.S. Dividend Equity ETF		20.52%-0.44%21.25%2.24%3.64%28.70%13.08%21.03%2.45%7.81%

Correlation

The correlation between XDU.TO and SCHD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.81

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

0.84

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

0.83

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2017

0.79

The correlation between XDU.TO and SCHD has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

XDU.TO vs. SCHD - Sectors Allocation Comparison

Sectors
XDU.TO
SCHD

Healthcare

20.7%
18.8%

Consumer Defensive

14.6%
19.2%

Technology

13.8%
16.4%

Industrials

12.4%
7.5%

Energy

12.3%
16.2%

Consumer Cyclical

9.4%
6.3%

Financial Services

9.3%
9.3%

Utilities

3.8%
0.0%

Communication Services

2.6%
6.3%

Basic Materials

1.2%
1.2%

Real Estate

-

-

Healthcare

XDU.TO
20.7%
SCHD
18.8%

Consumer Defensive

XDU.TO
14.6%
SCHD
19.2%

Technology

XDU.TO
13.8%
SCHD
16.4%

Industrials

XDU.TO
12.4%
SCHD
7.5%

Energy

XDU.TO
12.3%
SCHD
16.2%

Consumer Cyclical

XDU.TO
9.4%
SCHD
6.3%

Financial Services

XDU.TO
9.3%
SCHD
9.3%

Utilities

XDU.TO
3.8%
SCHD
0.0%

Communication Services

XDU.TO
2.6%
SCHD
6.3%

Basic Materials

XDU.TO
1.2%
SCHD
1.2%

Real Estate

XDU.TO

-

SCHD

-

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 US Quality Dividend Index ETF

Schwab U.S. Dividend Equity ETF

Often compared with XDU.TO:
XDU.TO vs. XDG.TOXDU.TO vs. XDIV.TOXDU.TO vs. XHD.TOXDU.TO vs. XUS.TOXDU.TO vs. XIU.TOXDU.TO vs. VFV.TOXDU.TO vs. ZDY.TO
Often compared with SCHD:
SCHD vs. VOOSCHD vs. VYMSCHD vs. SPYSCHD vs. SCHGSCHD vs. JEPISCHD vs. FDVVSCHD vs. VIG

Return for Risk

XDU.TO vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDU.TO
XDU.TO Risk / Return Rank: 4747
Overall Rank
XDU.TO Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
XDU.TO Sortino Ratio Rank: 4343
Sortino Ratio Rank
XDU.TO Omega Ratio Rank: 4444
Omega Ratio Rank
XDU.TO Calmar Ratio Rank: 5656
Calmar Ratio Rank
XDU.TO Martin Ratio Rank: 4848
Martin Ratio Rank
SCHD
SCHD Risk / Return Rank: 8080
Overall Rank
SCHD Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 8484
Sortino Ratio Rank
SCHD Omega Ratio Rank: 7373
Omega Ratio Rank
SCHD Calmar Ratio Rank: 9191
Calmar Ratio Rank
SCHD Martin Ratio Rank: 7575
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.

XDU.TO vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

XDU.TOSCHDDifference
Sharpe ratioReturn per unit of total volatility
1.58
2.57

-0.99

Sortino ratioReturn per unit of downside risk
2.20
3.98

-1.77

Omega ratioGain probability vs. loss probability

1.28

1.47

-0.18

Calmar ratioReturn relative to maximum drawdown

2.78

6.61

-3.83

Martin ratioReturn relative to average drawdown

8.23

19.13

-10.90

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDU.TO vs. SCHD - Sharpe Ratio Comparison

The current XDU.TO Sharpe Ratio is 1.58, which is lower than the SCHD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of XDU.TO and SCHD, 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...

Sharpe Ratios by Period

XDU.TOSCHDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

2.57

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.90

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.90

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

1.12

-0.56

Drawdowns

XDU.TO vs. SCHD - Drawdown Comparison

The maximum XDU.TO drawdown since its inception was -26.12%, roughly equal to the maximum SCHD drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for XDU.TO and SCHD.

Loading charts...

Drawdown Indicators

XDU.TOSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-26.12%

-26.93%

+0.81%

Max Drawdown (1Y)

Largest decline over 1 year

-6.13%

-4.30%

-1.83%

Max Drawdown (3Y)

Largest decline over 3 years

-16.69%

-15.30%

-1.39%

Max Drawdown (5Y)

Largest decline over 5 years

-16.69%

-15.30%

-1.39%

Max Drawdown (10Y)

Largest decline over 10 years

—

-26.93%

—

Current Drawdown

Current decline from peak

-0.49%

-1.22%

+0.73%

Average Drawdown

Average peak-to-trough decline

-3.87%

-2.86%

-1.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.07%

1.48%

+0.59%

Volatility

XDU.TO vs. SCHD - Volatility Comparison

iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) and Schwab U.S. Dividend Equity ETF (SCHD) have volatilities of 2.73% and 2.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDU.TOSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.73%

2.63%

+0.10%

Volatility (6M)

Calculated over the trailing 6-month period

8.39%

8.23%

+0.16%

Volatility (1Y)

Calculated over the trailing 1-year period

10.83%

11.10%

-0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.08%

12.63%

-0.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.91%

15.18%

-0.27%

XDU.TO vs. SCHD - Expense Ratio Comparison

XDU.TO has a 0.16% expense ratio, which is higher than SCHD's 0.06% 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

XDU.TO vs. SCHD - Dividend Comparison

XDU.TO's dividend yield for the trailing twelve months is around 2.25%, less than SCHD's 3.26% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHD
Schwab U.S. Dividend Equity ETF		3.26%3.82%3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF		2.25%2.46%2.12%2.31%2.05%2.06%2.72%2.31%2.27%1.27%0.00%0.00%

Frequently Asked Questions

XDU.TO and SCHD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SCHD is cheaper with a 0.06% expense ratio, compared with 0.16% for XDU.TO.

XDU.TO is categorized as Large Cap Value Equities, while SCHD is Dividend. XDU.TO tracks Morningstar US Market TR CAD, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.16% for XDU.TO and 0.06% for SCHD.

Portfolio Optimizer

Find the right allocation for XDU.TO and SCHD

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