XDV.TO vs. XEG.TO
XDV.TO (iShares Canadian Select Dividend Index ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - XDV.TO is a Canada Equities fund tracking the Dow Jones Canada Select Dividend Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 10 years, XDV.TO returned 12.05%/yr vs 10.96%/yr for XEG.TO. A 0.51 correlation means they provide meaningful diversification when combined. XDV.TO charges 0.55%/yr vs 0.60%/yr for XEG.TO.
Performance
XDV.TO vs. XEG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XDV.TO achieves a 21.19% return, which is significantly lower than XEG.TO's 30.47% return. Over the past 10 years, XDV.TO has outperformed XEG.TO with an annualized return of 12.05%, while XEG.TO has yielded a comparatively lower 10.96% annualized return.
XDV.TO
- 1D
- 0.32%
- 1M
- 4.19%
- YTD
- 21.19%
- 6M
- 17.42%
- 1Y
- 40.11%
- 3Y*
- 24.81%
- 5Y*
- 13.20%
- 10Y*
- 12.05%
XEG.TO
- 1D
- 0.20%
- 1M
- -11.00%
- YTD
- 30.47%
- 6M
- 33.01%
- 1Y
- 46.85%
- 3Y*
- 25.76%
- 5Y*
- 26.37%
- 10Y*
- 10.96%
XDV.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDV.TO iShares Canadian Select Dividend Index ETF | 21.19% | 24.97% | 21.28% | 8.00% | -8.57% | 29.33% | -0.38% | 21.30% | -12.48% | 11.06% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 30.47% | 16.72% | 14.04% | 3.55% | 53.25% | 83.71% | -34.44% | 9.04% | -27.05% | -11.17% |
Correlation
The correlation between XDV.TO and XEG.TO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2006 | 0.51 |
The correlation between XDV.TO and XEG.TO shifts across timeframes, from -0.02 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
XDV.TO vs. XEG.TO - Sectors Allocation Comparison
Sectors
XDV.TO
XEG.TO
Financial Services
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Energy
Consumer Cyclical
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Utilities
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Communication Services
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Industrials
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Consumer Defensive
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Basic Materials
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Healthcare
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Real Estate
-
-
Technology
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Financial Services
XDV.TO
XEG.TO
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Energy
XDV.TO
XEG.TO
Consumer Cyclical
XDV.TO
XEG.TO
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Utilities
XDV.TO
XEG.TO
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Communication Services
XDV.TO
XEG.TO
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Industrials
XDV.TO
XEG.TO
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Consumer Defensive
XDV.TO
XEG.TO
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Basic Materials
XDV.TO
XEG.TO
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Healthcare
XDV.TO
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XEG.TO
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Real Estate
XDV.TO
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XEG.TO
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Technology
XDV.TO
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XEG.TO
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Return for Risk
XDV.TO vs. XEG.TO — Risk / Return Rank
XDV.TO
XEG.TO
XDV.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Select Dividend Index ETF (XDV.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
| XDV.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.65 | ||
| Sortino ratioReturn per unit of downside risk | +3.62 | ||
| Omega ratioGain probability vs. loss probability | 1.97 | 1.33 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 8.41 | 3.14 | +5.27 |
| Martin ratioReturn relative to average drawdown | 33.87 | 11.48 | +22.39 |
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Drawdowns
XDV.TO vs. XEG.TO - Drawdown Comparison
The maximum XDV.TO drawdown since its inception was -50.11%, smaller than the maximum XEG.TO drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for XDV.TO and XEG.TO.
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Drawdown Indicators
| XDV.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.11% | -87.51% | +37.40% |
Max Drawdown (1Y)Largest decline over 1 year | -4.79% | -14.97% | +10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -12.99% | -25.67% | +12.68% |
Max Drawdown (5Y)Largest decline over 5 years | -20.52% | -28.42% | +7.90% |
Max Drawdown (10Y)Largest decline over 10 years | -39.08% | -79.66% | +40.58% |
Current DrawdownCurrent decline from peak | 0.00% | -13.23% | +13.23% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -34.56% | +27.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 4.11% | -2.92% |
Volatility
XDV.TO vs. XEG.TO - Volatility Comparison
The current volatility for iShares Canadian Select Dividend Index ETF (XDV.TO) is 2.30%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.45%. This indicates that XDV.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDV.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 8.45% | -6.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.46% | 19.59% | -12.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.61% | 23.43% | -14.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.85% | 28.65% | -17.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.66% | 33.40% | -18.74% |
XDV.TO vs. XEG.TO - Expense Ratio Comparison
XDV.TO has a 0.55% expense ratio, which is lower than XEG.TO's 0.60% expense ratio.
Dividends
XDV.TO vs. XEG.TO - Dividend Comparison
XDV.TO's dividend yield for the trailing twelve months is around 3.28%, more than XEG.TO's 2.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDV.TO iShares Canadian Select Dividend Index ETF | 3.28% | 3.57% | 4.34% | 4.62% | 4.49% | 3.87% | 4.78% | 4.21% | 4.92% | 3.65% | 3.91% | 4.75% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.93% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
XDV.TO and XEG.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDV.TO is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDV.TO is cheaper with a 0.55% expense ratio, compared with 0.60% for XEG.TO.
XDV.TO is categorized as Canada Equities, while XEG.TO is Energy Equities. XDV.TO tracks Dow Jones Canada Select Dividend Index, while XEG.TO tracks S&P/TSX Capped Energy Index. Their fees differ too: 0.55% for XDV.TO and 0.60% for XEG.TO.
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