XDU.TO vs. XQQ.TO
Compare and contrast key facts about iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO).
XDU.TO and XQQ.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDU.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on Jun 7, 2017. XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011. Both XDU.TO and XQQ.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDU.TO or XQQ.TO.
Key characteristics
| XDU.TO | XQQ.TO | |
|---|---|---|
| YTD Return | 23.70% | 24.88% |
| 1Y Return | 30.95% | 37.82% |
| 3Y Return (Ann) | 11.53% | 7.02% |
| 5Y Return (Ann) | 9.59% | 18.92% |
| Sharpe Ratio | 3.42 | 2.10 |
| Sortino Ratio | 5.17 | 2.82 |
| Omega Ratio | 1.64 | 1.38 |
| Calmar Ratio | 6.10 | 0.37 |
| Martin Ratio | 24.39 | 9.83 |
| Ulcer Index | 1.23% | 3.74% |
| Daily Std Dev | 8.77% | 17.48% |
| Max Drawdown | -26.10% | -100.00% |
| Current Drawdown | 0.00% | -99.99% |
Correlation
The correlation between XDU.TO and XQQ.TO is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XDU.TO vs. XQQ.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with XDU.TO having a 23.70% return and XQQ.TO slightly higher at 24.88%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XDU.TO vs. XQQ.TO - Expense Ratio Comparison
XDU.TO has a 0.16% expense ratio, which is lower than XQQ.TO's 0.39% expense ratio.
Risk-Adjusted Performance
XDU.TO vs. XQQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.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.
Dividends
XDU.TO vs. XQQ.TO - Dividend Comparison
XDU.TO's dividend yield for the trailing twelve months is around 2.20%, more than XQQ.TO's 0.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDU.TO iShares Core MSCI US Quality Dividend Index ETF | 2.20% | 2.53% | 2.25% | 2.25% | 2.97% | 2.53% | 2.48% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% |
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.30% | 0.31% | 0.43% | 0.17% | 0.26% | 0.46% | 0.52% | 0.53% | 0.76% | 0.62% | 1.30% | 1.10% |
Drawdowns
XDU.TO vs. XQQ.TO - Drawdown Comparison
The maximum XDU.TO drawdown since its inception was -26.10%, smaller than the maximum XQQ.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for XDU.TO and XQQ.TO. For additional features, visit the drawdowns tool.
Volatility
XDU.TO vs. XQQ.TO - Volatility Comparison
The current volatility for iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) is 2.95%, while iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) has a volatility of 5.15%. This indicates that XDU.TO experiences smaller price fluctuations and is considered to be less risky than XQQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.