ZDY.TO vs. XEI.TO
Compare and contrast key facts about BMO US Dividend ETF (CAD) (ZDY.TO) and iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO).
ZDY.TO and XEI.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZDY.TO is an actively managed fund by BMO. It was launched on Mar 19, 2013. XEI.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Apr 12, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDY.TO or XEI.TO.
Correlation
The correlation between ZDY.TO and XEI.TO is 0.65, 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
ZDY.TO vs. XEI.TO - Performance Comparison
Key characteristics
ZDY.TO:
2.67
XEI.TO:
1.88
ZDY.TO:
3.89
XEI.TO:
2.64
ZDY.TO:
1.50
XEI.TO:
1.33
ZDY.TO:
6.13
XEI.TO:
2.52
ZDY.TO:
18.75
XEI.TO:
7.99
ZDY.TO:
1.35%
XEI.TO:
2.02%
ZDY.TO:
9.48%
XEI.TO:
8.58%
ZDY.TO:
-32.99%
XEI.TO:
-45.51%
ZDY.TO:
-0.84%
XEI.TO:
-2.32%
Returns By Period
In the year-to-date period, ZDY.TO achieves a 3.88% return, which is significantly higher than XEI.TO's 1.30% return. Over the past 10 years, ZDY.TO has outperformed XEI.TO with an annualized return of 10.65%, while XEI.TO has yielded a comparatively lower 7.17% annualized return.
ZDY.TO
3.88%
0.47%
12.31%
23.82%
10.65%
10.65%
XEI.TO
1.30%
-0.98%
6.32%
15.79%
9.03%
7.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ZDY.TO vs. XEI.TO - Expense Ratio Comparison
ZDY.TO has a 0.30% expense ratio, which is higher than XEI.TO's 0.22% expense ratio.
Risk-Adjusted Performance
ZDY.TO vs. XEI.TO — Risk-Adjusted Performance Rank
ZDY.TO
XEI.TO
ZDY.TO vs. XEI.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO US Dividend ETF (CAD) (ZDY.TO) and iShares S&P/TSX Composite High Dividend Index ETF (XEI.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
ZDY.TO vs. XEI.TO - Dividend Comparison
ZDY.TO's dividend yield for the trailing twelve months is around 2.00%, less than XEI.TO's 5.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDY.TO BMO US Dividend ETF (CAD) | 2.00% | 2.08% | 2.56% | 2.62% | 2.46% | 3.85% | 3.19% | 2.95% | 2.77% | 2.60% | 2.68% | 2.68% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 5.03% | 5.56% | 5.08% | 4.78% | 3.65% | 5.13% | 4.71% | 5.53% | 4.37% | 4.51% | 5.75% | 7.94% |
Drawdowns
ZDY.TO vs. XEI.TO - Drawdown Comparison
The maximum ZDY.TO drawdown since its inception was -32.99%, smaller than the maximum XEI.TO drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for ZDY.TO and XEI.TO. For additional features, visit the drawdowns tool.
Volatility
ZDY.TO vs. XEI.TO - Volatility Comparison
BMO US Dividend ETF (CAD) (ZDY.TO) and iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) have volatilities of 2.89% and 2.82%, 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.