ZUQ.TO vs. XEQT.TO
Compare and contrast key facts about BMO MSCI USA High Quality Index ETF (ZUQ.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
ZUQ.TO and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZUQ.TO is a passively managed fund by BMO that tracks the performance of the MSCI USA Quality Index. It was launched on Nov 4, 2014. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019. Both ZUQ.TO and XEQT.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: ZUQ.TO or XEQT.TO.
Correlation
The correlation between ZUQ.TO and XEQT.TO is 0.84, 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
ZUQ.TO vs. XEQT.TO - Performance Comparison
Key characteristics
ZUQ.TO:
2.50
XEQT.TO:
2.69
ZUQ.TO:
3.59
XEQT.TO:
3.74
ZUQ.TO:
1.44
XEQT.TO:
1.50
ZUQ.TO:
4.44
XEQT.TO:
4.12
ZUQ.TO:
17.44
XEQT.TO:
19.07
ZUQ.TO:
1.88%
XEQT.TO:
1.43%
ZUQ.TO:
13.13%
XEQT.TO:
10.16%
ZUQ.TO:
-26.93%
XEQT.TO:
-29.74%
ZUQ.TO:
0.00%
XEQT.TO:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with ZUQ.TO having a 4.94% return and XEQT.TO slightly lower at 4.78%.
ZUQ.TO
4.94%
4.94%
14.22%
34.34%
17.86%
16.58%
XEQT.TO
4.78%
4.78%
14.03%
28.51%
12.44%
N/A
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ZUQ.TO vs. XEQT.TO - Expense Ratio Comparison
ZUQ.TO has a 0.33% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.
Risk-Adjusted Performance
ZUQ.TO vs. XEQT.TO — Risk-Adjusted Performance Rank
ZUQ.TO
XEQT.TO
ZUQ.TO vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI USA High Quality Index ETF (ZUQ.TO) and iShares Core Equity ETF Portfolio (XEQT.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
ZUQ.TO vs. XEQT.TO - Dividend Comparison
ZUQ.TO's dividend yield for the trailing twelve months is around 0.57%, less than XEQT.TO's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZUQ.TO BMO MSCI USA High Quality Index ETF | 0.57% | 0.60% | 0.90% | 1.03% | 0.83% | 1.00% | 1.00% | 1.12% | 1.21% | 1.04% | 0.92% | 0.19% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.94% | 2.03% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ZUQ.TO vs. XEQT.TO - Drawdown Comparison
The maximum ZUQ.TO drawdown since its inception was -26.93%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for ZUQ.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
ZUQ.TO vs. XEQT.TO - Volatility Comparison
The current volatility for BMO MSCI USA High Quality Index ETF (ZUQ.TO) is 3.29%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 3.90%. This indicates that ZUQ.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.