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

XHC.TO vs. XDUH.TO

Last updated Jun 4, 2026

XHC.TO (iShares Global Healthcare Index ETF (CAD-Hedged)) and XDUH.TO (iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)) are both exchange-traded funds - XHC.TO is a Health & Biotech Equities fund tracking the Morningstar Gbl GR CAD, while XDUH.TO is a Large Cap Value Equities fund tracking the Morningstar US Market TR CAD. Both are passively managed. Over the past 5 years, XHC.TO returned 3.54%/yr vs 6.48%/yr for XDUH.TO. A 0.52 correlation means they provide meaningful diversification when combined. XHC.TO charges 0.66%/yr vs 0.16%/yr for XDUH.TO.

Performance

XHC.TO vs. XDUH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.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, XHC.TO achieves a -5.65% return, which is significantly lower than XDUH.TO's 8.93% return.

XHC.TO

1D
0.59%
1M
0.77%
YTD
-5.65%
6M
-5.54%
1Y
7.72%
3Y*
2.70%
5Y*
3.54%
10Y*
6.87%

XDUH.TO

1D
-0.10%
1M
3.40%
YTD
8.93%
6M
7.07%
1Y
15.05%
3Y*
11.66%
5Y*
6.48%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021202020192018
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)		-5.65%10.91%1.22%2.14%-3.56%21.32%8.71%22.47%-1.32%
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%

Correlation

The correlation between XHC.TO and XDUH.TO is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.51

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

0.48

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

0.54

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

0.52

The correlation between XHC.TO and XDUH.TO has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

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

Sectors
XHC.TO
XDUH.TO

Healthcare

97.4%
20.6%

Consumer Defensive

0.5%
14.5%

Basic Materials

-

1.1%

Communication Services

-

2.6%

Consumer Cyclical

-

9.1%

Energy

-

11.8%

Financial Services

-

9.2%

Industrials

-

13.1%

Real Estate

-

-

Technology

-

15.3%

Utilities

-

3.6%

Healthcare

XHC.TO
97.4%
XDUH.TO
20.6%

Consumer Defensive

XHC.TO
0.5%
XDUH.TO
14.5%

Basic Materials

XHC.TO

-

XDUH.TO
1.1%

Communication Services

XHC.TO

-

XDUH.TO
2.6%

Consumer Cyclical

XHC.TO

-

XDUH.TO
9.1%

Energy

XHC.TO

-

XDUH.TO
11.8%

Financial Services

XHC.TO

-

XDUH.TO
9.2%

Industrials

XHC.TO

-

XDUH.TO
13.1%

Real Estate

XHC.TO

-

XDUH.TO

-

Technology

XHC.TO

-

XDUH.TO
15.3%

Utilities

XHC.TO

-

XDUH.TO
3.6%

Compare stocks, funds, or ETFs

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iShares Global Healthcare Index ETF (CAD-Hedged)

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

Often compared with XHC.TO:
XHC.TO vs. XLVXHC.TO vs. VHTXHC.TO vs. TDOCXHC.TO vs. LIFE.TOXHC.TO vs. XST.TOXHC.TO vs. IHIXHC.TO vs. ZUH.TO
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

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XHC.TO
XHC.TO Risk / Return Rank: 1717
Overall Rank
XHC.TO Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
XHC.TO Sortino Ratio Rank: 1717
Sortino Ratio Rank
XHC.TO Omega Ratio Rank: 1616
Omega Ratio Rank
XHC.TO Calmar Ratio Rank: 1818
Calmar Ratio Rank
XHC.TO Martin Ratio Rank: 1717
Martin Ratio Rank
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
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.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.

XHC.TOXDUH.TODifference
Sharpe ratioReturn per unit of total volatility
0.54
1.43

-0.89

Sortino ratioReturn per unit of downside risk
0.91
2.11

-1.20

Omega ratioGain probability vs. loss probability

1.10

1.26

-0.16

Calmar ratioReturn relative to maximum drawdown

0.72

2.49

-1.77

Martin ratioReturn relative to average drawdown

1.76

6.87

-5.10

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

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

The current XHC.TO Sharpe Ratio is 0.54, which is lower than the XDUH.TO Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of XHC.TO and XDUH.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

XHC.TOXDUH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.54

1.43

-0.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.49

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

0.41

+0.26

Drawdowns

XHC.TO vs. XDUH.TO - Drawdown Comparison

The maximum XHC.TO drawdown since its inception was -27.28%, smaller than the maximum XDUH.TO drawdown of -34.91%. Use the drawdown chart below to compare losses from any high point for XHC.TO and XDUH.TO.

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Drawdown Indicators

XHC.TOXDUH.TODifference

Max Drawdown

Largest peak-to-trough decline

-27.28%

-34.91%

+7.63%

Max Drawdown (1Y)

Largest decline over 1 year

-10.79%

-6.08%

-4.71%

Max Drawdown (3Y)

Largest decline over 3 years

-18.81%

-14.37%

-4.44%

Max Drawdown (5Y)

Largest decline over 5 years

-18.81%

-17.40%

-1.41%

Max Drawdown (10Y)

Largest decline over 10 years

-27.28%

—

—

Current Drawdown

Current decline from peak

-9.76%

-1.39%

-8.37%

Average Drawdown

Average peak-to-trough decline

-4.85%

-4.57%

-0.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.39%

2.20%

+2.19%

Volatility

XHC.TO vs. XDUH.TO - Volatility Comparison

iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) has a higher volatility of 4.76% compared to iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged) (XDUH.TO) at 2.98%. This indicates that XHC.TO's price experiences larger fluctuations and is considered to be riskier than XDUH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XHC.TOXDUH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.76%

2.98%

+1.78%

Volatility (6M)

Calculated over the trailing 6-month period

10.21%

7.50%

+2.71%

Volatility (1Y)

Calculated over the trailing 1-year period

14.34%

10.60%

+3.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.87%

13.39%

+0.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.75%

16.55%

-0.80%

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

XHC.TO has a 0.66% expense ratio, which is higher than XDUH.TO's 0.16% expense ratio.

Dividends

XHC.TO vs. XDUH.TO - Dividend Comparison

XHC.TO's dividend yield for the trailing twelve months is around 1.98%, less than XDUH.TO's 2.26% 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%
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)		1.98%1.87%4.42%2.38%0.84%0.79%0.96%1.07%1.68%1.14%1.63%2.15%

Frequently Asked Questions

XHC.TO and XDUH.TO have a correlation of 0.51, 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 0.66% for XHC.TO.

XHC.TO is categorized as Health & Biotech Equities, while XDUH.TO is Large Cap Value Equities. XHC.TO tracks Morningstar Gbl GR CAD, while XDUH.TO tracks Morningstar US Market TR CAD. Their fees differ too: 0.66% for XHC.TO and 0.16% for XDUH.TO.

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