XINC.TO vs. XDV.TO
XINC.TO (iShares Core Income Balanced ETF Portfolio) and XDV.TO (iShares Canadian Select Dividend Index ETF) are both exchange-traded funds - XINC.TO is a Diversified Portfolio fund actively managed by iShares, while XDV.TO is a Canada Equities fund tracking the Dow Jones Canada Select Dividend Index. XINC.TO is actively managed, while XDV.TO is passively managed. Over the past 5 years, XINC.TO returned 3.19%/yr vs 13.66%/yr for XDV.TO. At a 0.31 correlation, their price movements are largely independent. XINC.TO charges 0.20%/yr vs 0.55%/yr for XDV.TO.
Performance
XINC.TO vs. XDV.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XINC.TO achieves a 3.53% return, which is significantly lower than XDV.TO's 17.48% return.
XINC.TO
- 1D
- 0.09%
- 1M
- 2.26%
- YTD
- 3.53%
- 6M
- 3.10%
- 1Y
- 8.23%
- 3Y*
- 7.73%
- 5Y*
- 3.19%
- 10Y*
- —
XDV.TO
- 1D
- 0.88%
- 1M
- 4.79%
- YTD
- 17.48%
- 6M
- 20.53%
- 1Y
- 41.30%
- 3Y*
- 23.97%
- 5Y*
- 13.66%
- 10Y*
- 12.03%
XINC.TO vs. XDV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.53% | 6.71% | 7.76% | 8.51% | -11.25% | 1.27% | 9.16% | 1.23% |
XDV.TO iShares Canadian Select Dividend Index ETF | 17.48% | 29.37% | 21.28% | 8.00% | -8.57% | 31.30% | -0.38% | 9.86% |
Correlation
The correlation between XINC.TO and XDV.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2019 | 0.31 |
The correlation between XINC.TO and XDV.TO shifts across timeframes, from 0.31 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.
XINC.TO vs. XDV.TO - Sectors Allocation Comparison
Sectors
XINC.TO
XDV.TO
Technology
-
Financial Services
Industrials
Energy
Consumer Cyclical
Communication Services
Basic Materials
Healthcare
-
Consumer Defensive
Utilities
Real Estate
-
Technology
XINC.TO
XDV.TO
-
Financial Services
XINC.TO
XDV.TO
Industrials
XINC.TO
XDV.TO
Energy
XINC.TO
XDV.TO
Consumer Cyclical
XINC.TO
XDV.TO
Communication Services
XINC.TO
XDV.TO
Basic Materials
XINC.TO
XDV.TO
Healthcare
XINC.TO
XDV.TO
-
Consumer Defensive
XINC.TO
XDV.TO
Utilities
XINC.TO
XDV.TO
Real Estate
XINC.TO
XDV.TO
-
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Return for Risk
XINC.TO vs. XDV.TO — Risk / Return Rank
XINC.TO
XDV.TO
XINC.TO vs. XDV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Income Balanced ETF Portfolio (XINC.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.
| XINC.TO | XDV.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.60 | ||
| Sortino ratioReturn per unit of downside risk | -5.39 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 2.06 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 8.66 | -6.40 |
| Martin ratioReturn relative to average drawdown | 8.54 | 42.96 | -34.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XINC.TO | XDV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 5.28 | -3.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 1.28 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.59 | -0.04 |
Drawdowns
XINC.TO vs. XDV.TO - Drawdown Comparison
The maximum XINC.TO drawdown since its inception was -15.40%, smaller than the maximum XDV.TO drawdown of -48.56%. Use the drawdown chart below to compare losses from any high point for XINC.TO and XDV.TO.
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Drawdown Indicators
| XINC.TO | XDV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.40% | -48.56% | +33.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.65% | -4.79% | +1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -4.36% | -12.99% | +8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -15.40% | -20.52% | +5.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.08% | — |
Current DrawdownCurrent decline from peak | -0.05% | 0.00% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -6.78% | +3.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 0.96% | +0.01% |
Volatility
XINC.TO vs. XDV.TO - Volatility Comparison
The current volatility for iShares Core Income Balanced ETF Portfolio (XINC.TO) is 1.92%, while iShares Canadian Select Dividend Index ETF (XDV.TO) has a volatility of 2.80%. This indicates that XINC.TO experiences smaller price fluctuations and is considered to be less risky than XDV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XINC.TO | XDV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.92% | 2.80% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 6.54% | -2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.93% | 7.86% | -2.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.42% | 10.72% | -4.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.73% | 14.63% | -7.90% |
XINC.TO vs. XDV.TO - Expense Ratio Comparison
XINC.TO has a 0.20% expense ratio, which is lower than XDV.TO's 0.55% expense ratio.
Dividends
XINC.TO vs. XDV.TO - Dividend Comparison
XINC.TO's dividend yield for the trailing twelve months is around 3.19%, less than XDV.TO's 3.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDV.TO iShares Canadian Select Dividend Index ETF | 3.33% | 3.46% | 4.34% | 4.62% | 4.49% | 3.82% | 4.78% | 4.21% | 4.92% | 3.65% | 3.91% | 4.75% |
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.19% | 3.16% | 2.81% | 2.87% | 2.54% | 2.02% | 2.40% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XINC.TO and XDV.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XINC.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XINC.TO is cheaper with a 0.20% expense ratio, compared with 0.55% for XDV.TO.
XINC.TO is categorized as Diversified Portfolio, while XDV.TO is Canada Equities. Their fees differ too: 0.20% for XINC.TO and 0.55% for XDV.TO.
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