XIC.TO vs. VDY.TO
Compare and contrast key facts about iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
XIC.TO and VDY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XIC.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Feb 16, 2001. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012. Both XIC.TO and VDY.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: XIC.TO or VDY.TO.
Key characteristics
XIC.TO | VDY.TO | |
---|---|---|
YTD Return | 8.33% | 7.80% |
1Y Return | 14.26% | 13.62% |
3Y Return (Ann) | 7.57% | 9.26% |
5Y Return (Ann) | 9.55% | 10.53% |
10Y Return (Ann) | 7.67% | 8.05% |
Sharpe Ratio | 1.29 | 1.21 |
Daily Std Dev | 11.12% | 11.15% |
Max Drawdown | -100.00% | -39.21% |
Current Drawdown | -99.99% | 0.00% |
Correlation
The correlation between XIC.TO and VDY.TO is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XIC.TO vs. VDY.TO - Performance Comparison
In the year-to-date period, XIC.TO achieves a 8.33% return, which is significantly higher than VDY.TO's 7.80% return. Both investments have delivered pretty close results over the past 10 years, with XIC.TO having a 7.67% annualized return and VDY.TO not far ahead at 8.05%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XIC.TO vs. VDY.TO - Expense Ratio Comparison
XIC.TO has a 0.06% expense ratio, which is lower than VDY.TO's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XIC.TO vs. VDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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
XIC.TO vs. VDY.TO - Dividend Comparison
XIC.TO's dividend yield for the trailing twelve months is around 2.74%, less than VDY.TO's 4.52% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares Core S&P/TSX Capped Composite Index ETF | 2.74% | 2.96% | 3.10% | 2.43% | 2.99% | 2.97% | 3.15% | 2.45% | 2.68% | 3.17% | 3.96% | 2.64% |
Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.52% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
Drawdowns
XIC.TO vs. VDY.TO - Drawdown Comparison
The maximum XIC.TO drawdown since its inception was -100.00%, which is greater than VDY.TO's maximum drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for XIC.TO and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
XIC.TO vs. VDY.TO - Volatility Comparison
iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) has a higher volatility of 3.42% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 2.70%. This indicates that XIC.TO's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.