XUS-U.TO vs. XQQ.TO
Compare and contrast key facts about iShares Core S&P 500 Index ETF (XUS-U.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO).
XUS-U.TO and XQQ.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUS-U.TO is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on Oct 9, 2019. XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011. Both XUS-U.TO and XQQ.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: XUS-U.TO or XQQ.TO.
Key characteristics
| XUS-U.TO | XQQ.TO | |
|---|---|---|
| YTD Return | 21.65% | 18.46% |
| 1Y Return | 34.36% | 31.52% |
| 3Y Return (Ann) | 9.81% | 4.90% |
| 5Y Return (Ann) | 16.79% | 17.79% |
| Sharpe Ratio | 3.26 | 2.05 |
| Sortino Ratio | 4.37 | 2.73 |
| Omega Ratio | 1.61 | 1.37 |
| Calmar Ratio | 4.70 | 0.35 |
| Martin Ratio | 21.83 | 9.49 |
| Ulcer Index | 1.75% | 3.73% |
| Daily Std Dev | 11.73% | 17.31% |
| Max Drawdown | -33.54% | -100.00% |
| Current Drawdown | -2.35% | -99.99% |
Correlation
The correlation between XUS-U.TO and XQQ.TO is 0.76, 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
XUS-U.TO vs. XQQ.TO - Performance Comparison
In the year-to-date period, XUS-U.TO achieves a 21.65% return, which is significantly higher than XQQ.TO's 18.46% return. 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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XUS-U.TO vs. XQQ.TO - Expense Ratio Comparison
XUS-U.TO has a 0.09% expense ratio, which is lower than XQQ.TO's 0.39% expense ratio.
Risk-Adjusted Performance
XUS-U.TO vs. XQQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 Index ETF (XUS-U.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.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
XUS-U.TO vs. XQQ.TO - Dividend Comparison
XUS-U.TO's dividend yield for the trailing twelve months is around 1.50%, more than XQQ.TO's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XUS-U.TO iShares Core S&P 500 Index ETF | 1.50% | 1.81% | 2.10% | 1.57% | 1.96% | 1.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.32% | 0.31% | 0.43% | 0.17% | 0.26% | 0.46% | 0.52% | 0.53% | 0.76% | 0.62% | 1.30% | 1.10% |
Drawdowns
XUS-U.TO vs. XQQ.TO - Drawdown Comparison
The maximum XUS-U.TO drawdown since its inception was -33.54%, smaller than the maximum XQQ.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for XUS-U.TO and XQQ.TO. For additional features, visit the drawdowns tool.
Volatility
XUS-U.TO vs. XQQ.TO - Volatility Comparison
The current volatility for iShares Core S&P 500 Index ETF (XUS-U.TO) is 3.26%, while iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) has a volatility of 4.48%. This indicates that XUS-U.TO experiences smaller price fluctuations and is considered to be less risky than XQQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.