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XHU.TO vs. XUH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XHU.TO vs. XUH.TO

Last updated Jun 4, 2026

XHU.TO (iShares U.S. High Dividend Equity Index ETF) and XUH.TO (iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged)) are both Large Cap Blend Equities funds from iShares tracking the Morningstar US Market TR CAD. Both are passively managed. Over the past 10 years, XHU.TO returned 7.63%/yr vs 13.19%/yr for XUH.TO. At a 0.38 correlation, their price movements are largely independent. XHU.TO charges 0.34%/yr vs 0.08%/yr for XUH.TO.

Performance

XHU.TO vs. XUH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares U.S. High Dividend Equity Index ETF (XHU.TO) and iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) (XUH.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, XHU.TO achieves a 13.95% return, which is significantly higher than XUH.TO's 9.59% return. Over the past 10 years, XHU.TO has underperformed XUH.TO with an annualized return of 7.63%, while XUH.TO has yielded a comparatively higher 13.19% annualized return.

XHU.TO

1D
1.05%
1M
2.71%
YTD
13.95%
6M
4.75%
1Y
13.69%
3Y*
11.06%
5Y*
9.96%
10Y*
7.63%

XUH.TO

1D
-0.66%
1M
5.17%
YTD
9.59%
6M
9.81%
1Y
24.95%
3Y*
19.81%
5Y*
11.17%
10Y*
13.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XHU.TO vs. XUH.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XHU.TO
iShares U.S. High Dividend Equity Index ETF		13.95%-0.28%16.64%-1.52%12.37%18.23%-9.27%13.08%3.95%5.12%
XUH.TO
iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged)		9.59%15.11%22.45%24.06%-20.19%26.19%15.53%28.46%-7.51%20.10%

Correlation

The correlation between XHU.TO and XUH.TO is 0.06, 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

0.06

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

0.20

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

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Feb 23, 2015

0.38

Over the past year, the correlation between XHU.TO and XUH.TO has dropped to 0.06 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

XHU.TO vs. XUH.TO - Sectors Allocation Comparison

Sectors
XHU.TO
XUH.TO

Consumer Defensive

24.1%
4.4%

Energy

21.2%
3.3%

Healthcare

16.8%
8.2%

Financial Services

10.8%
11.0%

Technology

9.0%
38.5%

Utilities

8.9%
2.5%

Consumer Cyclical

5.8%
9.6%

Industrials

2.0%
8.3%

Basic Materials

1.1%
1.8%

Communication Services

0.1%
10.2%

Real Estate

-

2.0%

Consumer Defensive

XHU.TO
24.1%
XUH.TO
4.4%

Energy

XHU.TO
21.2%
XUH.TO
3.3%

Healthcare

XHU.TO
16.8%
XUH.TO
8.2%

Financial Services

XHU.TO
10.8%
XUH.TO
11.0%

Technology

XHU.TO
9.0%
XUH.TO
38.5%

Utilities

XHU.TO
8.9%
XUH.TO
2.5%

Consumer Cyclical

XHU.TO
5.8%
XUH.TO
9.6%

Industrials

XHU.TO
2.0%
XUH.TO
8.3%

Basic Materials

XHU.TO
1.1%
XUH.TO
1.8%

Communication Services

XHU.TO
0.1%
XUH.TO
10.2%

Real Estate

XHU.TO

-

XUH.TO
2.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. High Dividend Equity Index ETF

iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged)

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Often compared with XUH.TO:
XUH.TO vs. XUU.TOXUH.TO vs. XUU-U.TOXUH.TO vs. VFV.TOXUH.TO vs. XSU.TOXUH.TO vs. VSP.TOXUH.TO vs. IUSGXUH.TO vs. VYM

Return for Risk

XHU.TO vs. XUH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XHU.TO
XHU.TO Risk / Return Rank: 3232
Overall Rank
XHU.TO Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
XHU.TO Sortino Ratio Rank: 2828
Sortino Ratio Rank
XHU.TO Omega Ratio Rank: 3434
Omega Ratio Rank
XHU.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
XHU.TO Martin Ratio Rank: 3535
Martin Ratio Rank
XUH.TO
XUH.TO Risk / Return Rank: 5959
Overall Rank
XUH.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
XUH.TO Sortino Ratio Rank: 5959
Sortino Ratio Rank
XUH.TO Omega Ratio Rank: 5959
Omega Ratio Rank
XUH.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
XUH.TO Martin Ratio Rank: 6666
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.

XHU.TO vs. XUH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. High Dividend Equity Index ETF (XHU.TO) and iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) (XUH.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.

XHU.TOXUH.TODifference
Sharpe ratioReturn per unit of total volatility
1.17
2.02

-0.86

Sortino ratioReturn per unit of downside risk
1.54
2.82

-1.28

Omega ratioGain probability vs. loss probability

1.23

1.36

-0.13

Calmar ratioReturn relative to maximum drawdown

1.58

2.66

-1.09

Martin ratioReturn relative to average drawdown

5.48

12.06

-6.58

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

XHU.TO vs. XUH.TO - Sharpe Ratio Comparison

The current XHU.TO Sharpe Ratio is 1.17, which is lower than the XUH.TO Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of XHU.TO and XUH.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

XHU.TOXUH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

2.02

-0.86

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.84

0.66

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.71

-0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.64

-0.09

Drawdowns

XHU.TO vs. XUH.TO - Drawdown Comparison

The maximum XHU.TO drawdown since its inception was -29.94%, smaller than the maximum XUH.TO drawdown of -38.37%. Use the drawdown chart below to compare losses from any high point for XHU.TO and XUH.TO.

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Drawdown Indicators

XHU.TOXUH.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.94%

-38.37%

+8.43%

Max Drawdown (1Y)

Largest decline over 1 year

-8.73%

-9.41%

+0.68%

Max Drawdown (3Y)

Largest decline over 3 years

-12.53%

-19.32%

+6.79%

Max Drawdown (5Y)

Largest decline over 5 years

-12.53%

-26.11%

+13.58%

Max Drawdown (10Y)

Largest decline over 10 years

-29.94%

-38.37%

+8.43%

Current Drawdown

Current decline from peak

-1.84%

-0.66%

-1.18%

Average Drawdown

Average peak-to-trough decline

-3.73%

-4.96%

+1.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

2.07%

+0.44%

Volatility

XHU.TO vs. XUH.TO - Volatility Comparison

iShares U.S. High Dividend Equity Index ETF (XHU.TO) has a higher volatility of 3.53% compared to iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) (XUH.TO) at 3.21%. This indicates that XHU.TO's price experiences larger fluctuations and is considered to be riskier than XUH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XHU.TOXUH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.53%

3.21%

+0.32%

Volatility (6M)

Calculated over the trailing 6-month period

10.28%

9.36%

+0.92%

Volatility (1Y)

Calculated over the trailing 1-year period

11.79%

12.41%

-0.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.89%

17.08%

-5.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.38%

18.70%

-4.32%

XHU.TO vs. XUH.TO - Expense Ratio Comparison

XHU.TO has a 0.34% expense ratio, which is higher than XUH.TO's 0.08% expense ratio.

Dividends

XHU.TO vs. XUH.TO - Dividend Comparison

XHU.TO's dividend yield for the trailing twelve months is around 2.44%, more than XUH.TO's 0.82% yield.

PositionTTM20252024202320222021202020192018201720162015
XHU.TO
iShares U.S. High Dividend Equity Index ETF		2.44%2.75%2.72%2.86%2.63%2.60%3.18%2.25%2.52%2.27%2.38%2.30%
XUH.TO
iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged)		0.82%0.91%1.10%1.15%1.40%0.98%1.25%1.67%1.81%1.25%1.63%1.62%

Frequently Asked Questions

XHU.TO and XUH.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XUH.TO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XUH.TO is cheaper with a 0.08% expense ratio, compared with 0.34% for XHU.TO.

Both ETFs track Morningstar US Market TR CAD. Their fees differ too: 0.34% for XHU.TO and 0.08% for XUH.TO.

Portfolio Optimizer

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