PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XDUH.TO vs. ZVU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDUH.TO vs. ZVU.TO

Last updated Jun 4, 2026

XDUH.TO (iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)) and ZVU.TO (BMO MSCI USA Value ETF) are both Large Cap Value Equities funds - XDUH.TO tracks the Morningstar US Market TR CAD while ZVU.TO tracks the MSCI USA Enhanced Value Capped Index. Both are passively managed. Over the past 5 years, XDUH.TO returned 6.48%/yr vs 17.58%/yr for ZVU.TO. At a 0.39 correlation, their price movements are largely independent. XDUH.TO charges 0.16%/yr vs 0.33%/yr for ZVU.TO.

Performance

XDUH.TO vs. ZVU.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 BMO MSCI USA Value ETF (ZVU.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XDUH.TO achieves a 8.93% return, which is significantly lower than ZVU.TO's 49.80% 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*
—

ZVU.TO

1D
0.11%
1M
22.65%
YTD
49.80%
6M
42.92%
1Y
85.09%
3Y*
33.16%
5Y*
17.58%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDUH.TO vs. ZVU.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%-8.97%
ZVU.TO
BMO MSCI USA Value ETF		49.80%20.00%15.86%11.00%-9.58%28.41%-3.14%21.55%-7.25%

Correlation

The correlation between XDUH.TO and ZVU.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.35

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

0.40

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

0.46

Correlation (All Time)
Calculated using the full available price history since Feb 5, 2018

0.39

The correlation between XDUH.TO and ZVU.TO shifts across timeframes, from 0.35 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

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

Sectors
XDUH.TO
ZVU.TO

Healthcare

20.6%
8.5%

Technology

15.3%
44.8%

Consumer Defensive

14.5%
4.0%

Industrials

13.1%
7.3%

Energy

11.8%
3.2%

Financial Services

9.2%
10.4%

Consumer Cyclical

9.1%
8.3%

Utilities

3.6%
1.9%

Communication Services

2.6%
8.2%

Basic Materials

1.1%
1.6%

Real Estate

-

1.8%

Healthcare

XDUH.TO
20.6%
ZVU.TO
8.5%

Technology

XDUH.TO
15.3%
ZVU.TO
44.8%

Consumer Defensive

XDUH.TO
14.5%
ZVU.TO
4.0%

Industrials

XDUH.TO
13.1%
ZVU.TO
7.3%

Energy

XDUH.TO
11.8%
ZVU.TO
3.2%

Financial Services

XDUH.TO
9.2%
ZVU.TO
10.4%

Consumer Cyclical

XDUH.TO
9.1%
ZVU.TO
8.3%

Utilities

XDUH.TO
3.6%
ZVU.TO
1.9%

Communication Services

XDUH.TO
2.6%
ZVU.TO
8.2%

Basic Materials

XDUH.TO
1.1%
ZVU.TO
1.6%

Real Estate

XDUH.TO

-

ZVU.TO
1.8%

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 (CAD-Hedged)

BMO MSCI USA Value ETF

Often compared with XDUH.TO:
XDUH.TO vs. SCHDXDUH.TO vs. XDGH.TOXDUH.TO vs. XDU.TOXDUH.TO vs. XDIV.TOXDUH.TO vs. ZDY.TOXDUH.TO vs. XHD.TOXDUH.TO vs. XDV.TO
Often compared with ZVU.TO:
ZVU.TO vs. XCV.TOZVU.TO vs. ZGQ.TOZVU.TO vs. MGKZVU.TO vs. VFV.TOZVU.TO vs. ZLB.TOZVU.TO vs. ZUQ.TOZVU.TO vs. VLU

Return for Risk

XDUH.TO vs. ZVU.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
ZVU.TO
ZVU.TO Risk / Return Rank: 9797
Overall Rank
ZVU.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ZVU.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
ZVU.TO Omega Ratio Rank: 9797
Omega Ratio Rank
ZVU.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
ZVU.TO Martin Ratio Rank: 9797
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. ZVU.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 BMO MSCI USA Value ETF (ZVU.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.TOZVU.TODifference
Sharpe ratioReturn per unit of total volatility
1.43
4.92

-3.49

Sortino ratioReturn per unit of downside risk
2.11
6.09

-3.98

Omega ratioGain probability vs. loss probability

1.26

1.89

-0.63

Calmar ratioReturn relative to maximum drawdown

2.49

14.52

-12.03

Martin ratioReturn relative to average drawdown

6.87

48.34

-41.47

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. ZVU.TO - Sharpe Ratio Comparison

The current XDUH.TO Sharpe Ratio is 1.43, which is lower than the ZVU.TO Sharpe Ratio of 4.92. The chart below compares the historical Sharpe Ratios of XDUH.TO and ZVU.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...

Sharpe Ratios by Period

XDUH.TOZVU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

4.92

-3.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

1.11

-0.62

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.77

-0.36

Drawdowns

XDUH.TO vs. ZVU.TO - Drawdown Comparison

The maximum XDUH.TO drawdown since its inception was -34.91%, roughly equal to the maximum ZVU.TO drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for XDUH.TO and ZVU.TO.

Loading charts...

Drawdown Indicators

XDUH.TOZVU.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.91%

-34.24%

-0.67%

Max Drawdown (1Y)

Largest decline over 1 year

-6.08%

-5.89%

-0.19%

Max Drawdown (3Y)

Largest decline over 3 years

-14.37%

-16.27%

+1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-17.40%

-20.30%

+2.90%

Current Drawdown

Current decline from peak

-1.39%

0.00%

-1.39%

Average Drawdown

Average peak-to-trough decline

-4.57%

-6.12%

+1.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

1.77%

+0.43%

Volatility

XDUH.TO vs. ZVU.TO - Volatility Comparison

The current volatility for iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.TO) is 2.98%, while BMO MSCI USA Value ETF (ZVU.TO) has a volatility of 8.79%. This indicates that XDUH.TO experiences smaller price fluctuations and is considered to be less risky than ZVU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XDUH.TOZVU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.98%

8.79%

-5.81%

Volatility (6M)

Calculated over the trailing 6-month period

7.50%

14.57%

-7.07%

Volatility (1Y)

Calculated over the trailing 1-year period

10.60%

17.39%

-6.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.39%

15.95%

-2.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.55%

17.98%

-1.43%

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

XDUH.TO has a 0.16% expense ratio, which is lower than ZVU.TO's 0.33% expense ratio.

Dividends

XDUH.TO vs. ZVU.TO - Dividend Comparison

XDUH.TO's dividend yield for the trailing twelve months is around 2.26%, more than ZVU.TO's 1.06% yield.

PositionTTM20252024202320222021202020192018
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%
ZVU.TO
BMO MSCI USA Value ETF		1.06%1.62%2.13%2.55%2.45%1.89%2.38%1.97%1.98%

Frequently Asked Questions

XDUH.TO and ZVU.TO have a correlation of 0.35, 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 0.33% for ZVU.TO.

XDUH.TO tracks Morningstar US Market TR CAD, while ZVU.TO tracks MSCI USA Enhanced Value Capped Index. They also come from different issuers: iShares and BMO. Their fees differ too: 0.16% for XDUH.TO and 0.33% for ZVU.TO.

Portfolio Optimizer

Find the right allocation for XDUH.TO and ZVU.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