XGD.TO vs. XDV.TO
Compare and contrast key facts about iShares S&P/TSX Global Gold Index ETF (XGD.TO) and iShares Canadian Select Dividend Index ETF (XDV.TO).
XGD.TO and XDV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XGD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Gold GR CAD. It was launched on Mar 23, 2001. XDV.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Dec 19, 2005. Both XGD.TO and XDV.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: XGD.TO or XDV.TO.
Correlation
The correlation between XGD.TO and XDV.TO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XGD.TO vs. XDV.TO - Performance Comparison
Key characteristics
XGD.TO:
0.74
XDV.TO:
2.72
XGD.TO:
1.15
XDV.TO:
3.76
XGD.TO:
1.14
XDV.TO:
1.52
XGD.TO:
0.50
XDV.TO:
2.27
XGD.TO:
2.51
XDV.TO:
14.56
XGD.TO:
8.12%
XDV.TO:
1.57%
XGD.TO:
27.63%
XDV.TO:
8.38%
XGD.TO:
-72.55%
XDV.TO:
-48.63%
XGD.TO:
-18.01%
XDV.TO:
-3.08%
Returns By Period
The year-to-date returns for both stocks are quite close, with XGD.TO having a 21.12% return and XDV.TO slightly lower at 20.55%. Over the past 10 years, XGD.TO has outperformed XDV.TO with an annualized return of 10.22%, while XDV.TO has yielded a comparatively lower 6.96% annualized return.
XGD.TO
21.12%
-6.01%
8.55%
18.65%
7.66%
10.22%
XDV.TO
20.55%
-1.33%
21.36%
21.63%
8.87%
6.96%
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XGD.TO vs. XDV.TO - Expense Ratio Comparison
XGD.TO has a 0.61% expense ratio, which is higher than XDV.TO's 0.55% expense ratio.
Risk-Adjusted Performance
XGD.TO vs. XDV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Gold Index ETF (XGD.TO) and iShares Canadian Select Dividend Index ETF (XDV.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
XGD.TO vs. XDV.TO - Dividend Comparison
XGD.TO's dividend yield for the trailing twelve months is around 0.93%, less than XDV.TO's 4.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XGD.TO iShares S&P/TSX Global Gold Index ETF | 0.93% | 1.49% | 1.80% | 1.38% | 0.35% | 0.54% | 0.25% | 0.14% | 0.09% | 0.57% | 0.68% | 1.71% |
XDV.TO iShares Canadian Select Dividend Index ETF | 4.36% | 4.62% | 4.49% | 3.82% | 4.71% | 4.15% | 4.84% | 3.59% | 3.85% | 4.68% | 4.43% | 3.87% |
Drawdowns
XGD.TO vs. XDV.TO - Drawdown Comparison
The maximum XGD.TO drawdown since its inception was -72.55%, which is greater than XDV.TO's maximum drawdown of -48.63%. Use the drawdown chart below to compare losses from any high point for XGD.TO and XDV.TO. For additional features, visit the drawdowns tool.
Volatility
XGD.TO vs. XDV.TO - Volatility Comparison
iShares S&P/TSX Global Gold Index ETF (XGD.TO) has a higher volatility of 9.03% compared to iShares Canadian Select Dividend Index ETF (XDV.TO) at 3.07%. This indicates that XGD.TO's price experiences larger fluctuations and is considered to be riskier than XDV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.