XUS.TO vs. CDZ.TO
Compare and contrast key facts about iShares Core S&P 500 Index ETF (XUS.TO) and iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO).
XUS.TO and CDZ.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUS.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on Apr 10, 2013. CDZ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Sep 8, 2006. Both XUS.TO and CDZ.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.TO or CDZ.TO.
Key characteristics
| XUS.TO | CDZ.TO | |
|---|---|---|
| YTD Return | 21.96% | 15.74% |
| 1Y Return | 29.54% | 23.19% |
| 3Y Return (Ann) | 11.96% | 6.56% |
| 5Y Return (Ann) | 15.49% | 8.56% |
| 10Y Return (Ann) | 14.96% | 7.19% |
| Sharpe Ratio | 2.61 | 2.04 |
| Daily Std Dev | 11.04% | 10.80% |
| Max Drawdown | -27.23% | -49.12% |
| Current Drawdown | -1.03% | -0.20% |
Correlation
The correlation between XUS.TO and CDZ.TO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XUS.TO vs. CDZ.TO - Performance Comparison
In the year-to-date period, XUS.TO achieves a 21.96% return, which is significantly higher than CDZ.TO's 15.74% return. Over the past 10 years, XUS.TO has outperformed CDZ.TO with an annualized return of 14.96%, while CDZ.TO has yielded a comparatively lower 7.19% annualized 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.TO vs. CDZ.TO - Expense Ratio Comparison
XUS.TO has a 0.09% expense ratio, which is lower than CDZ.TO's 0.66% expense ratio.
Risk-Adjusted Performance
XUS.TO vs. CDZ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 Index ETF (XUS.TO) and iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.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.TO vs. CDZ.TO - Dividend Comparison
XUS.TO's dividend yield for the trailing twelve months is around 1.04%, less than CDZ.TO's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XUS.TO iShares Core S&P 500 Index ETF | 1.04% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% | 1.36% | 1.07% |
CDZ.TO iShares S&P/TSX Canadian Dividend Aristocrats Index ETF | 3.73% | 3.92% | 3.89% | 3.12% | 3.92% | 3.90% | 4.62% | 3.63% | 3.71% | 3.94% | 7.64% | 3.42% |
Drawdowns
XUS.TO vs. CDZ.TO - Drawdown Comparison
The maximum XUS.TO drawdown since its inception was -27.23%, smaller than the maximum CDZ.TO drawdown of -49.12%. Use the drawdown chart below to compare losses from any high point for XUS.TO and CDZ.TO. For additional features, visit the drawdowns tool.
Volatility
XUS.TO vs. CDZ.TO - Volatility Comparison
iShares Core S&P 500 Index ETF (XUS.TO) has a higher volatility of 3.95% compared to iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) at 3.26%. This indicates that XUS.TO's price experiences larger fluctuations and is considered to be riskier than CDZ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.