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

XDU.TO vs. SCHD

Last updated Jun 24, 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 9.80%/yr vs 11.82%/yr for SCHD. A 0.56 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.

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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 14.48% return, which is significantly lower than SCHD's 21.76% return.

XDU.TO

1D
0.84%
1M
2.35%
YTD
14.48%
6M
10.40%
1Y
19.16%
3Y*
13.28%
5Y*
9.80%
10Y*
—

SCHD

1D
0.34%
1M
0.29%
YTD
21.76%
6M
20.80%
1Y
28.42%
3Y*
17.49%
5Y*
11.82%
10Y*
13.84%
*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		14.48%2.51%14.32%3.75%-3.70%28.08%-0.76%15.98%4.69%4.44%
SCHD
Schwab U.S. Dividend Equity ETF		21.71%-0.42%21.11%2.06%2.87%29.81%12.30%22.05%2.38%6.63%

Correlation

The correlation between XDU.TO and SCHD is 0.68, 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

0.68

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

0.66

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

0.62

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

0.56

The correlation between XDU.TO and SCHD shifts across timeframes, from 0.56 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.

XDU.TO vs. SCHD - Sectors Allocation Comparison

Sectors
XDU.TO
SCHD

Healthcare

19.2%
18.4%

Industrials

15.3%
7.4%

Consumer Defensive

13.7%
18.5%

Technology

12.6%
19.4%

Energy

10.4%
14.6%

Financial Services

10.0%
9.1%

Consumer Cyclical

9.4%
6.7%

Communication Services

3.7%
6.0%

Utilities

3.5%
0.0%

Basic Materials

1.8%
1.2%

Real Estate

-

-

Healthcare

XDU.TO
19.2%
SCHD
18.4%

Industrials

XDU.TO
15.3%
SCHD
7.4%

Consumer Defensive

XDU.TO
13.7%
SCHD
18.5%

Technology

XDU.TO
12.6%
SCHD
19.4%

Energy

XDU.TO
10.4%
SCHD
14.6%

Financial Services

XDU.TO
10.0%
SCHD
9.1%

Consumer Cyclical

XDU.TO
9.4%
SCHD
6.7%

Communication Services

XDU.TO
3.7%
SCHD
6.0%

Utilities

XDU.TO
3.5%
SCHD
0.0%

Basic Materials

XDU.TO
1.8%
SCHD
1.2%

Real Estate

XDU.TO

-

SCHD

-

Compare stocks, funds, or ETFs

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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. ZDY.TOXDU.TO vs. VFV.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: 5757
Overall Rank
XDU.TO Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
XDU.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
XDU.TO Omega Ratio Rank: 5454
Omega Ratio Rank
XDU.TO Calmar Ratio Rank: 6666
Calmar Ratio Rank
XDU.TO Martin Ratio Rank: 5656
Martin Ratio Rank
SCHD
SCHD Risk / Return Rank: 7777
Overall Rank
SCHD Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 8080
Sortino Ratio Rank
SCHD Omega Ratio Rank: 7070
Omega Ratio Rank
SCHD Calmar Ratio Rank: 9090
Calmar Ratio Rank
SCHD Martin Ratio Rank: 7171
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.

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.

XDU.TOSCHDDifference
Sharpe ratioReturn per unit of total volatility
1.79
2.40

-0.61

Sortino ratioReturn per unit of downside risk
2.48
3.65

-1.18

Omega ratioGain probability vs. loss probability

1.32

1.42

-0.09

Calmar ratioReturn relative to maximum drawdown

3.14

6.89

-3.75

Martin ratioReturn relative to average drawdown

9.32

17.18

-7.86

XDU.TO vs. SCHD - Sharpe Ratio Comparison

The current XDU.TO Sharpe Ratio is 1.79, which is comparable to the SCHD Sharpe Ratio of 2.40. 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.

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Drawdowns

XDU.TO vs. SCHD - Drawdown Comparison

The maximum XDU.TO drawdown since its inception was -28.56%, roughly equal to the maximum SCHD drawdown of -27.31%. Use the drawdown chart below to compare losses from any high point for XDU.TO and SCHD.

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Drawdown Indicators

XDU.TOSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-28.56%

-27.31%

-1.25%

Max Drawdown (1Y)

Largest decline over 1 year

-6.13%

-4.14%

-1.99%

Max Drawdown (3Y)

Largest decline over 3 years

-16.67%

-15.24%

-1.43%

Max Drawdown (5Y)

Largest decline over 5 years

-16.67%

-15.24%

-1.43%

Max Drawdown (10Y)

Largest decline over 10 years

—

-27.31%

—

Current Drawdown

Current decline from peak

0.00%

-1.09%

+1.09%

Average Drawdown

Average peak-to-trough decline

-5.99%

-3.04%

-2.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.06%

1.66%

+0.40%

Volatility

XDU.TO vs. SCHD - Volatility Comparison

The current volatility for iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) is 2.24%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.95%. This indicates that XDU.TO experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDU.TOSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.24%

3.95%

-1.71%

Volatility (6M)

Calculated over the trailing 6-month period

8.20%

8.73%

-0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

10.78%

11.90%

-1.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.85%

15.56%

+3.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.02%

17.83%

+11.19%

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 2.24%, less than SCHD's 3.30% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHD
Schwab U.S. Dividend Equity ETF		3.30%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		2.24%2.54%2.31%2.53%2.25%2.13%2.99%2.54%2.49%1.39%0.00%0.00%

Frequently Asked Questions

XDU.TO and SCHD have a correlation of 0.68, 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.

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