ZGQ.TO vs. XWD.TO
Compare and contrast key facts about BMO MSCI All Country World High Quality Index ETF (ZGQ.TO) and iShares MSCI World Index ETF (XWD.TO).
ZGQ.TO and XWD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZGQ.TO is a passively managed fund by BMO Asset Management that tracks the performance of the MSCI All Country World High Quality Index. It was launched on Nov 5, 2014. XWD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jun 18, 2009. Both ZGQ.TO and XWD.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: ZGQ.TO or XWD.TO.
Correlation
The correlation between ZGQ.TO and XWD.TO is 0.77, 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
ZGQ.TO vs. XWD.TO - Performance Comparison
Key characteristics
ZGQ.TO:
2.25
XWD.TO:
2.85
ZGQ.TO:
3.17
XWD.TO:
4.02
ZGQ.TO:
1.39
XWD.TO:
1.52
ZGQ.TO:
3.57
XWD.TO:
4.35
ZGQ.TO:
13.99
XWD.TO:
19.81
ZGQ.TO:
2.06%
XWD.TO:
1.49%
ZGQ.TO:
12.80%
XWD.TO:
10.38%
ZGQ.TO:
-26.67%
XWD.TO:
-27.48%
ZGQ.TO:
0.00%
XWD.TO:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with ZGQ.TO having a 4.66% return and XWD.TO slightly lower at 4.59%. Over the past 10 years, ZGQ.TO has outperformed XWD.TO with an annualized return of 14.29%, while XWD.TO has yielded a comparatively lower 11.72% annualized return.
ZGQ.TO
4.66%
4.66%
11.63%
30.34%
15.82%
14.29%
XWD.TO
4.59%
4.59%
14.50%
30.70%
13.97%
11.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ZGQ.TO vs. XWD.TO - Expense Ratio Comparison
ZGQ.TO has a 0.50% expense ratio, which is higher than XWD.TO's 0.48% expense ratio.
Risk-Adjusted Performance
ZGQ.TO vs. XWD.TO — Risk-Adjusted Performance Rank
ZGQ.TO
XWD.TO
ZGQ.TO vs. XWD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI All Country World High Quality Index ETF (ZGQ.TO) and iShares MSCI World Index ETF (XWD.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
ZGQ.TO vs. XWD.TO - Dividend Comparison
ZGQ.TO's dividend yield for the trailing twelve months is around 0.89%, less than XWD.TO's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZGQ.TO BMO MSCI All Country World High Quality Index ETF | 0.89% | 0.93% | 1.38% | 1.39% | 0.89% | 1.03% | 1.13% | 1.57% | 1.13% | 1.40% | 1.07% | 0.19% |
XWD.TO iShares MSCI World Index ETF | 1.14% | 1.19% | 1.39% | 1.36% | 1.21% | 1.06% | 1.76% | 1.94% | 1.63% | 1.83% | 1.84% | 2.15% |
Drawdowns
ZGQ.TO vs. XWD.TO - Drawdown Comparison
The maximum ZGQ.TO drawdown since its inception was -26.67%, roughly equal to the maximum XWD.TO drawdown of -27.48%. Use the drawdown chart below to compare losses from any high point for ZGQ.TO and XWD.TO. For additional features, visit the drawdowns tool.
Volatility
ZGQ.TO vs. XWD.TO - Volatility Comparison
BMO MSCI All Country World High Quality Index ETF (ZGQ.TO) has a higher volatility of 3.79% compared to iShares MSCI World Index ETF (XWD.TO) at 3.20%. This indicates that ZGQ.TO's price experiences larger fluctuations and is considered to be riskier than XWD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.