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XDUH.TO vs. XUT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDUH.TO vs. XUT.TO

Last updated Jun 4, 2026

XDUH.TO (iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)) and XUT.TO (iShares S&P/TSX Capped Utilities Index ETF) are both exchange-traded funds - XDUH.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD, while XUT.TO is a Utilities Equities fund tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 5 years, XDUH.TO returned 6.48%/yr vs 7.97%/yr for XUT.TO. At a 0.30 correlation, their price movements are largely independent. XDUH.TO charges 0.16%/yr vs 0.61%/yr for XUT.TO.

Performance

XDUH.TO vs. XUT.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 (CAD-Hedged) (XDUH.TO) and iShares S&P/TSX Capped Utilities Index ETF (XUT.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XDUH.TO achieves a 8.93% return, which is significantly lower than XUT.TO's 14.90% return.

XDUH.TO

1D
-0.10%
1M
3.40%
YTD
8.93%
6M
7.07%
1Y
15.05%
3Y*
11.66%
5Y*
6.48%
10Y*
—

XUT.TO

1D
0.14%
1M
3.21%
YTD
14.90%
6M
13.55%
1Y
23.81%
3Y*
12.29%
5Y*
7.97%
10Y*
9.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDUH.TO vs. XUT.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XDUH.TO
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)		8.93%8.02%9.45%5.57%-6.32%22.54%-2.08%21.38%-6.70%
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF		14.90%18.91%13.09%-0.45%-11.02%10.80%14.74%36.63%-6.09%

Correlation

The correlation between XDUH.TO and XUT.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.19

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

0.30

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

0.32

Correlation (All Time)
Calculated using the full available price history since Jan 10, 2018

0.30

The correlation between XDUH.TO and XUT.TO shifts across timeframes, from 0.19 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.

XDUH.TO vs. XUT.TO - Sectors Allocation Comparison

Sectors
XDUH.TO
XUT.TO

Healthcare

20.6%

-

Technology

15.3%

-

Consumer Defensive

14.5%

-

Industrials

13.1%

-

Energy

11.8%
9.3%

Financial Services

9.2%

-

Consumer Cyclical

9.1%

-

Utilities

3.6%
90.7%

Communication Services

2.6%

-

Basic Materials

1.1%

-

Real Estate

-

-

Healthcare

XDUH.TO
20.6%
XUT.TO

-

Technology

XDUH.TO
15.3%
XUT.TO

-

Consumer Defensive

XDUH.TO
14.5%
XUT.TO

-

Industrials

XDUH.TO
13.1%
XUT.TO

-

Energy

XDUH.TO
11.8%
XUT.TO
9.3%

Financial Services

XDUH.TO
9.2%
XUT.TO

-

Consumer Cyclical

XDUH.TO
9.1%
XUT.TO

-

Utilities

XDUH.TO
3.6%
XUT.TO
90.7%

Communication Services

XDUH.TO
2.6%
XUT.TO

-

Basic Materials

XDUH.TO
1.1%
XUT.TO

-

Real Estate

XDUH.TO

-

XUT.TO

-

Compare stocks, funds, or ETFs

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iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)

iShares S&P/TSX Capped Utilities Index ETF

Often compared with XDUH.TO:
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Often compared with XUT.TO:
XUT.TO vs. ZUT.TOXUT.TO vs. XEI.TOXUT.TO vs. ZLB.TOXUT.TO vs. XIU.TOXUT.TO vs. XLUXUT.TO vs. UTES.TOXUT.TO vs. VPU

Return for Risk

XDUH.TO vs. XUT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XDUH.TO
XDUH.TO Risk / Return Rank: 4343
Overall Rank
XDUH.TO Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
XDUH.TO Sortino Ratio Rank: 4141
Sortino Ratio Rank
XDUH.TO Omega Ratio Rank: 3939
Omega Ratio Rank
XDUH.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
XDUH.TO Martin Ratio Rank: 4343
Martin Ratio Rank
XUT.TO
XUT.TO Risk / Return Rank: 8484
Overall Rank
XUT.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
XUT.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
XUT.TO Omega Ratio Rank: 8989
Omega Ratio Rank
XUT.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
XUT.TO Martin Ratio Rank: 6767
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.

XDUH.TO vs. XUT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.TO) and iShares S&P/TSX Capped Utilities Index ETF (XUT.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.

XDUH.TOXUT.TODifference
Sharpe ratioReturn per unit of total volatility
1.43
2.99

-1.57

Sortino ratioReturn per unit of downside risk
2.11
4.20

-2.10

Omega ratioGain probability vs. loss probability

1.26

1.57

-0.31

Calmar ratioReturn relative to maximum drawdown

2.49

4.78

-2.29

Martin ratioReturn relative to average drawdown

6.87

12.45

-5.58

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

XDUH.TO vs. XUT.TO - Sharpe Ratio Comparison

The current XDUH.TO Sharpe Ratio is 1.43, which is lower than the XUT.TO Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of XDUH.TO and XUT.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.

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Sharpe Ratios by Period

XDUH.TOXUT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

2.99

-1.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.63

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.54

-0.13

Drawdowns

XDUH.TO vs. XUT.TO - Drawdown Comparison

The maximum XDUH.TO drawdown since its inception was -34.91%, smaller than the maximum XUT.TO drawdown of -37.65%. Use the drawdown chart below to compare losses from any high point for XDUH.TO and XUT.TO.

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Drawdown Indicators

XDUH.TOXUT.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.91%

-37.65%

+2.74%

Max Drawdown (1Y)

Largest decline over 1 year

-6.08%

-5.00%

-1.08%

Max Drawdown (3Y)

Largest decline over 3 years

-14.37%

-19.77%

+5.40%

Max Drawdown (5Y)

Largest decline over 5 years

-17.40%

-28.54%

+11.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.65%

—

Current Drawdown

Current decline from peak

-1.39%

-1.20%

-0.19%

Average Drawdown

Average peak-to-trough decline

-4.57%

-5.70%

+1.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

1.94%

+0.26%

Volatility

XDUH.TO vs. XUT.TO - Volatility Comparison

iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.TO) has a higher volatility of 2.98% compared to iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) at 2.50%. This indicates that XDUH.TO's price experiences larger fluctuations and is considered to be riskier than XUT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XDUH.TOXUT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.98%

2.50%

+0.48%

Volatility (6M)

Calculated over the trailing 6-month period

7.50%

6.68%

+0.82%

Volatility (1Y)

Calculated over the trailing 1-year period

10.60%

8.05%

+2.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.39%

12.65%

+0.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.55%

16.09%

+0.46%

XDUH.TO vs. XUT.TO - Expense Ratio Comparison

XDUH.TO has a 0.16% expense ratio, which is lower than XUT.TO's 0.61% expense ratio.

Dividends

XDUH.TO vs. XUT.TO - Dividend Comparison

XDUH.TO's dividend yield for the trailing twelve months is around 2.26%, less than XUT.TO's 3.23% yield.

PositionTTM20252024202320222021202020192018201720162015
XDUH.TO
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)		2.26%2.41%2.61%2.49%2.35%2.56%2.62%2.31%2.69%0.00%0.00%0.00%
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF		3.23%3.79%4.00%3.90%3.80%2.99%4.51%3.57%4.52%3.57%3.74%4.05%

Frequently Asked Questions

XDUH.TO and XUT.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XDUH.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XDUH.TO is cheaper with a 0.16% expense ratio, compared with 0.61% for XUT.TO.

XDUH.TO is categorized as Large Cap Value Equities, while XUT.TO is Utilities Equities. XDUH.TO tracks Morningstar US Market TR CAD, while XUT.TO tracks Morningstar Gbl GR CAD. Their fees differ too: 0.16% for XDUH.TO and 0.61% for XUT.TO.

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