PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XUT.TO vs. XDGH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XUT.TO vs. XDGH.TO

Last updated Jun 4, 2026

XUT.TO (iShares S&P/TSX Capped Utilities Index ETF) and XDGH.TO (iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)) are both exchange-traded funds - XUT.TO is a Utilities Equities fund tracking the Morningstar Gbl GR CAD, while XDGH.TO is a Global Equities fund tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 5 years, XUT.TO returned 7.97%/yr vs 8.12%/yr for XDGH.TO. At a 0.34 correlation, their price movements are largely independent. XUT.TO charges 0.61%/yr vs 0.22%/yr for XDGH.TO.

Performance

XUT.TO vs. XDGH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XUT.TO achieves a 14.90% return, which is significantly higher than XDGH.TO's 7.16% return.

XUT.TO

1D
0.14%
1M
3.21%
YTD
14.90%
6M
13.55%
1Y
23.81%
3Y*
12.29%
5Y*
7.97%
10Y*
9.43%

XDGH.TO

1D
0.16%
1M
2.01%
YTD
7.16%
6M
8.39%
1Y
17.12%
3Y*
12.90%
5Y*
8.12%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XUT.TO vs. XDGH.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF		14.90%18.91%13.09%-0.45%-11.02%10.80%14.74%36.63%-8.30%2.52%
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		7.16%14.60%10.46%8.74%-1.32%15.60%-4.34%22.32%-4.99%2.63%

Correlation

The correlation between XUT.TO and XDGH.TO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

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

0.38

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

0.35

Correlation (All Time)
Calculated using the full available price history since Oct 4, 2017

0.34

XUT.TO vs. XDGH.TO - Sectors Allocation Comparison

Sectors
XUT.TO
XDGH.TO

Utilities

90.7%
5.6%

Energy

9.3%
10.3%

Basic Materials

-

2.4%

Communication Services

-

3.3%

Consumer Cyclical

-

9.4%

Consumer Defensive

-

14.8%

Financial Services

-

13.2%

Healthcare

-

16.9%

Industrials

-

12.6%

Real Estate

-

0.2%

Technology

-

9.6%

Utilities

XUT.TO
90.7%
XDGH.TO
5.6%

Energy

XUT.TO
9.3%
XDGH.TO
10.3%

Basic Materials

XUT.TO

-

XDGH.TO
2.4%

Communication Services

XUT.TO

-

XDGH.TO
3.3%

Consumer Cyclical

XUT.TO

-

XDGH.TO
9.4%

Consumer Defensive

XUT.TO

-

XDGH.TO
14.8%

Financial Services

XUT.TO

-

XDGH.TO
13.2%

Healthcare

XUT.TO

-

XDGH.TO
16.9%

Industrials

XUT.TO

-

XDGH.TO
12.6%

Real Estate

XUT.TO

-

XDGH.TO
0.2%

Technology

XUT.TO

-

XDGH.TO
9.6%

Compare stocks, funds, or ETFs

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

iShares S&P/TSX Capped Utilities Index ETF

iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)

Often compared with XUT.TO:
XUT.TO vs. ZUT.TOXUT.TO vs. XEI.TOXUT.TO vs. ZLB.TOXUT.TO vs. XIU.TOXUT.TO vs. XLUXUT.TO vs. UTES.TOXUT.TO vs. VPU
Often compared with XDGH.TO:
XDGH.TO vs. XDG.TOXDGH.TO vs. XHD.TOXDGH.TO vs. XEQT.TOXDGH.TO vs. XDUH.TOXDGH.TO vs. VFV.TOXDGH.TO vs. VIDY.TOXDGH.TO vs. ACWV

Return for Risk

XUT.TO vs. XDGH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XUT.TO
XUT.TO Risk / Return Rank: 8484
Overall Rank
XUT.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
XUT.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
XUT.TO Omega Ratio Rank: 8989
Omega Ratio Rank
XUT.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
XUT.TO Martin Ratio Rank: 6767
Martin Ratio Rank
XDGH.TO
XDGH.TO Risk / Return Rank: 5252
Overall Rank
XDGH.TO Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
XDGH.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
XDGH.TO Omega Ratio Rank: 5151
Omega Ratio Rank
XDGH.TO Calmar Ratio Rank: 5555
Calmar Ratio Rank
XDGH.TO Martin Ratio Rank: 4848
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.

XUT.TO vs. XDGH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.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.

XUT.TOXDGH.TODifference
Sharpe ratioReturn per unit of total volatility
2.99
1.78

+1.22

Sortino ratioReturn per unit of downside risk
4.20
2.69

+1.51

Omega ratioGain probability vs. loss probability

1.57

1.32

+0.26

Calmar ratioReturn relative to maximum drawdown

4.78

2.69

+2.09

Martin ratioReturn relative to average drawdown

12.45

8.01

+4.44

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

XUT.TO vs. XDGH.TO - Sharpe Ratio Comparison

The current XUT.TO Sharpe Ratio is 2.99, which is higher than the XDGH.TO Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of XUT.TO and XDGH.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.

Loading charts...

Sharpe Ratios by Period

XUT.TOXDGH.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.99

1.78

+1.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

0.67

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.54

0.00

Drawdowns

XUT.TO vs. XDGH.TO - Drawdown Comparison

The maximum XUT.TO drawdown since its inception was -37.65%, which is greater than XDGH.TO's maximum drawdown of -32.99%. Use the drawdown chart below to compare losses from any high point for XUT.TO and XDGH.TO.

Loading charts...

Drawdown Indicators

XUT.TOXDGH.TODifference

Max Drawdown

Largest peak-to-trough decline

-37.65%

-32.99%

-4.66%

Max Drawdown (1Y)

Largest decline over 1 year

-5.00%

-6.38%

+1.38%

Max Drawdown (3Y)

Largest decline over 3 years

-19.77%

-11.96%

-7.81%

Max Drawdown (5Y)

Largest decline over 5 years

-28.54%

-14.56%

-13.98%

Max Drawdown (10Y)

Largest decline over 10 years

-37.65%

—

—

Current Drawdown

Current decline from peak

-1.20%

-2.25%

+1.05%

Average Drawdown

Average peak-to-trough decline

-5.70%

-3.63%

-2.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.94%

2.14%

-0.20%

Volatility

XUT.TO vs. XDGH.TO - Volatility Comparison

iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) and iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO) have volatilities of 2.50% and 2.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XUT.TOXDGH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.50%

2.55%

-0.05%

Volatility (6M)

Calculated over the trailing 6-month period

6.68%

6.84%

-0.16%

Volatility (1Y)

Calculated over the trailing 1-year period

8.05%

9.67%

-1.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.65%

12.14%

+0.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.09%

14.60%

+1.49%

XUT.TO vs. XDGH.TO - Expense Ratio Comparison

XUT.TO has a 0.61% expense ratio, which is higher than XDGH.TO's 0.22% expense ratio.

Dividends

XUT.TO vs. XDGH.TO - Dividend Comparison

XUT.TO's dividend yield for the trailing twelve months is around 3.23%, more than XDGH.TO's 2.81% yield.

PositionTTM20252024202320222021202020192018201720162015
XDGH.TO
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)		2.81%2.81%3.04%3.41%3.18%3.05%3.24%2.82%3.29%0.81%0.00%0.00%
XUT.TO
iShares S&P/TSX Capped Utilities Index ETF		3.23%3.79%4.00%3.90%3.80%2.99%4.51%3.57%4.52%3.57%3.74%4.05%

Frequently Asked Questions

XUT.TO and XDGH.TO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XDGH.TO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XDGH.TO is cheaper with a 0.22% expense ratio, compared with 0.61% for XUT.TO.

XUT.TO is categorized as Utilities Equities, while XDGH.TO is Global Equities. Both ETFs track Morningstar Gbl GR CAD. Their fees differ too: 0.61% for XUT.TO and 0.22% for XDGH.TO.

Portfolio Optimizer

Find the right allocation for XUT.TO and XDGH.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer