XHD.TO vs. DRFU.TO
XHD.TO (iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)) and DRFU.TO (Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF) are both Large Cap Blend Equities funds. XHD.TO is passively managed, while DRFU.TO is actively managed. Over the past 5 years, XHD.TO returned 6.78%/yr vs 14.24%/yr for DRFU.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
XHD.TO vs. DRFU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XHD.TO achieves a 16.33% return, which is significantly higher than DRFU.TO's 12.29% return.
XHD.TO
- 1D
- -0.30%
- 1M
- 4.54%
- 6M
- 11.52%
- YTD
- 16.33%
- 1Y
- 7.15%
- 3Y*
- 8.69%
- 5Y*
- 6.78%
- 10Y*
- 5.65%
DRFU.TO
- 1D
- -2.58%
- 1M
- -1.18%
- 6M
- 11.18%
- YTD
- 12.29%
- 1Y
- 26.04%
- 3Y*
- 21.30%
- 5Y*
- 14.24%
- 10Y*
- —
XHD.TO vs. DRFU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | 16.33% | -1.36% | 9.56% | 0.00% | 4.27% | 17.97% | -9.44% | 18.01% | -8.19% |
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 12.29% | 12.18% | 37.32% | 5.44% | -9.19% | 29.41% | 7.31% | 21.84% | -8.47% |
Correlation
The correlation between XHD.TO and DRFU.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 | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2018 | 0.09 |
The correlation between XHD.TO and DRFU.TO shifts across timeframes, from -0.02 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XHD.TO vs. DRFU.TO — Risk / Return Rank
XHD.TO
DRFU.TO
XHD.TO vs. DRFU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.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.
| XHD.TO | DRFU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.53 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 3.81 | -3.18 |
| Martin ratioReturn relative to average drawdown | 2.22 | 13.72 | -11.50 |
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Drawdowns
XHD.TO vs. DRFU.TO - Drawdown Comparison
The maximum XHD.TO drawdown since its inception was -38.71%, which is greater than DRFU.TO's maximum drawdown of -19.89%. Use the drawdown chart below to compare losses from any high point for XHD.TO and DRFU.TO.
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Drawdown Indicators
| XHD.TO | DRFU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.71% | -19.89% | -18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -6.89% | -4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -12.74% | -19.89% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -16.37% | -19.89% | +3.52% |
Max Drawdown (10Y)Largest decline over 10 years | -38.71% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -2.58% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -3.94% | -4.91% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 1.91% | +1.32% |
Volatility
XHD.TO vs. DRFU.TO - Volatility Comparison
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (XHD.TO) has a higher volatility of 4.77% compared to Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU.TO) at 3.53%. This indicates that XHD.TO's price experiences larger fluctuations and is considered to be riskier than DRFU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHD.TO | DRFU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 3.53% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 11.63% | -3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.39% | 14.22% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 16.41% | -1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.42% | 16.51% | -0.09% |
Dividends
XHD.TO vs. DRFU.TO - Dividend Comparison
XHD.TO's dividend yield for the trailing twelve months is around 2.35%, more than DRFU.TO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRFU.TO Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF | 1.04% | 0.76% | 0.60% | 0.80% | 1.05% | 1.08% | 1.38% | 1.37% | 0.41% | 0.00% | 0.00% | 0.00% |
XHD.TO iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) | 2.35% | 2.74% | 3.06% | 3.16% | 2.75% | 2.87% | 3.51% | 2.51% | 2.87% | 2.41% | 2.54% | 3.07% |
Frequently Asked Questions
XHD.TO and DRFU.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.
They also come from different issuers: iShares and Desjardins.
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