PortfoliosLab logoPortfoliosLab logo

Documentation

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

XDU.TO vs. ZZZD.TO

Last updated Jul 14, 2026
Documentation

XDU.TO (iShares Core MSCI US Quality Dividend Index ETF) and ZZZD.TO (BMO Tactical Dividend ETF Fund) are both exchange-traded funds - XDU.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD, while ZZZD.TO is a Dividend fund actively managed by BMO. XDU.TO is passively managed, while ZZZD.TO is actively managed. Over the past 5 years, XDU.TO returned 9.61%/yr vs 6.83%/yr for ZZZD.TO. At a 0.22 correlation, their price movements are largely independent.

Performance

XDU.TO vs. ZZZD.TO - 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 BMO Tactical Dividend ETF Fund (ZZZD.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XDU.TO achieves a 17.22% return, which is significantly higher than ZZZD.TO's 10.61% return.

XDU.TO

1D
0.32%
1M
2.40%
6M
13.21%
YTD
17.22%
1Y
18.94%
3Y*
13.18%
5Y*
9.61%
10Y*
—

ZZZD.TO

1D
-0.50%
1M
-0.46%
6M
9.46%
YTD
10.61%
1Y
14.44%
3Y*
10.27%
5Y*
6.83%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDU.TO vs. ZZZD.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF		17.22%2.51%14.32%3.75%-3.70%28.08%-0.76%17.16%
ZZZD.TO
BMO Tactical Dividend ETF Fund		10.61%10.01%3.96%10.10%-0.86%5.24%-9.74%9.67%

Correlation

The correlation between XDU.TO and ZZZD.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.23

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

0.19

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

0.22

Correlation (All Time)
Calculated using the full available price history since Jan 11, 2019

0.22

XDU.TO vs. ZZZD.TO - Sectors Allocation Comparison

Sectors
XDU.TO
ZZZD.TO

Healthcare

20.1%
12.3%

Industrials

14.6%
7.6%

Consumer Defensive

13.7%
4.6%

Technology

12.0%
16.4%

Financial Services

10.3%
16.3%

Energy

10.0%
10.2%

Consumer Cyclical

9.4%
4.2%

Utilities

3.6%
12.4%

Communication Services

3.5%
10.5%

Basic Materials

2.5%
4.4%

Real Estate

-

1.2%

Healthcare

XDU.TO
20.1%
ZZZD.TO
12.3%

Industrials

XDU.TO
14.6%
ZZZD.TO
7.6%

Consumer Defensive

XDU.TO
13.7%
ZZZD.TO
4.6%

Technology

XDU.TO
12.0%
ZZZD.TO
16.4%

Financial Services

XDU.TO
10.3%
ZZZD.TO
16.3%

Energy

XDU.TO
10.0%
ZZZD.TO
10.2%

Consumer Cyclical

XDU.TO
9.4%
ZZZD.TO
4.2%

Utilities

XDU.TO
3.6%
ZZZD.TO
12.4%

Communication Services

XDU.TO
3.5%
ZZZD.TO
10.5%

Basic Materials

XDU.TO
2.5%
ZZZD.TO
4.4%

Real Estate

XDU.TO

-

ZZZD.TO
1.2%

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

BMO Tactical Dividend ETF Fund

Often compared with XDU.TO:
XDU.TO vs. XDG.TOXDU.TO vs. SCHDXDU.TO vs. XDIV.TOXDU.TO vs. XHD.TOXDU.TO vs. XUS.TOXDU.TO vs. VFV.TOXDU.TO vs. XIU.TO
Often compared with ZZZD.TO:
ZZZD.TO vs. CWIN.TOZZZD.TO vs. ZNQ.TOZZZD.TO vs. ZSP.TOZZZD.TO vs. ZUD.TOZZZD.TO vs. IQD.TOZZZD.TO vs. ZDV.TOZZZD.TO vs. ZQQ.TO

Return for Risk

XDU.TO vs. ZZZD.TO — 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: 6868
Overall Rank
XDU.TO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
XDU.TO Sortino Ratio Rank: 6767
Sortino Ratio Rank
XDU.TO Omega Ratio Rank: 6767
Omega Ratio Rank
XDU.TO Calmar Ratio Rank: 7676
Calmar Ratio Rank
XDU.TO Martin Ratio Rank: 6565
Martin Ratio Rank
ZZZD.TO
ZZZD.TO Risk / Return Rank: 7979
Overall Rank
ZZZD.TO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
ZZZD.TO Sortino Ratio Rank: 7272
Sortino Ratio Rank
ZZZD.TO Omega Ratio Rank: 7171
Omega Ratio Rank
ZZZD.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
ZZZD.TO Martin Ratio Rank: 9292
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. ZZZD.TO - 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 BMO Tactical Dividend ETF Fund (ZZZD.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.

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.TOZZZD.TODifference
Sharpe ratioReturn per unit of total volatility
1.75
1.71

+0.04

Sortino ratioReturn per unit of downside risk
2.43
2.59

-0.15

Omega ratioGain probability vs. loss probability

1.32

1.33

-0.02

Calmar ratioReturn relative to maximum drawdown

3.10

5.34

-2.24

Martin ratioReturn relative to average drawdown

9.22

17.40

-8.18

XDU.TO vs. ZZZD.TO - Sharpe Ratio Comparison

The current XDU.TO Sharpe Ratio is 1.75, which is comparable to the ZZZD.TO Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of XDU.TO and ZZZD.TO, 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...

Drawdowns

XDU.TO vs. ZZZD.TO - Drawdown Comparison

The maximum XDU.TO drawdown since its inception was -28.56%, which is greater than ZZZD.TO's maximum drawdown of -22.28%. Use the drawdown chart below to compare losses from any high point for XDU.TO and ZZZD.TO.

Loading charts...

Drawdown Indicators

XDU.TOZZZD.TODifference

Max Drawdown

Largest peak-to-trough decline

-28.56%

-22.28%

-6.28%

Max Drawdown (1Y)

Largest decline over 1 year

-6.13%

-2.72%

-3.41%

Max Drawdown (3Y)

Largest decline over 3 years

-16.67%

-9.21%

-7.46%

Max Drawdown (5Y)

Largest decline over 5 years

-16.67%

-14.72%

-1.95%

Current Drawdown

Current decline from peak

-0.45%

-1.11%

+0.66%

Average Drawdown

Average peak-to-trough decline

-5.96%

-4.67%

-1.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.06%

0.83%

+1.23%

Volatility

XDU.TO vs. ZZZD.TO - Volatility Comparison

The current volatility for iShares Core MSCI US Quality Dividend Index ETF (XDU.TO) is 2.72%, while BMO Tactical Dividend ETF Fund (ZZZD.TO) has a volatility of 2.96%. This indicates that XDU.TO experiences smaller price fluctuations and is considered to be less risky than ZZZD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDU.TOZZZD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.72%

2.96%

-0.24%

Volatility (6M)

Calculated over the trailing 6-month period

7.43%

6.50%

+0.93%

Volatility (1Y)

Calculated over the trailing 1-year period

10.87%

8.48%

+2.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.87%

11.17%

+7.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.94%

12.64%

+16.30%

Dividends

XDU.TO vs. ZZZD.TO - Dividend Comparison

XDU.TO's dividend yield for the trailing twelve months is around 2.19%, less than ZZZD.TO's 3.75% yield.

PositionTTM202520242023202220212020201920182017
XDU.TO
iShares Core MSCI US Quality Dividend Index ETF		2.19%2.54%2.31%2.53%2.25%2.13%2.99%2.54%2.49%1.39%
ZZZD.TO
BMO Tactical Dividend ETF Fund		3.75%4.07%4.29%4.28%4.51%4.27%4.09%3.11%0.00%0.00%

Frequently Asked Questions

XDU.TO and ZZZD.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XDU.TO is categorized as Large Cap Value Equities, while ZZZD.TO is Dividend. They also come from different issuers: iShares and BMO.

Portfolio Optimizer

Find the right allocation for XDU.TO and ZZZD.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