A side-by-side comparison of Guardian Directed Premium Yield Portfolio Hedge ETF Units (GDPY) and iShares Core MSCI All Country World ex Canada Index ETF (XAW) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | GDPY | XAW |
|---|---|---|
| YTD Return | -15.08% | +12.28%✓ |
| 1-Day Change | -3.82% | -0.69%✓ |
| 1-Week Change | -3.13% | -0.98%✓ |
| 1-Month Change | -8.68% | -2.06%✓ |
| Current Price | $16.10 | $57.86 |
| AUM | $16M | $4.62B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 7.65%✓ | 1.20% |
| Distribution Frequency | Monthly | Half-yearly |
| Inception Date | 2023-11-06 | 2015-02-10 |
| Holdings Count | 9 | 6 |
| MorningStar Rating | ★ | ★★★★★ |
| Category | Global Equity | Global Equity |
| Beta | 0.54 | 0.97 |
| 52-Week High | $18.44 | $59.93 |
| 52-Week Low | $15.84 | $48.76 |
| 50-Day MA | $17.72 | $58.53 |
| 200-Day MA | $18.83 | $54.81 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | GDPY | XAW |
|---|---|---|
| YTD | -15.08% | +12.28%✓ |
| 1 Year | -1.83% | +22.05%✓ |
| 3 Year | — | +20.91% |
| 5 Year | — | +12.52% |
| 10 Year | — | +12.85% |
| 1Y Volatility | 12.91% | 11.10% |
| Sharpe Ratio (3Y) | -0.22 | 1.54 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | CME | CME Group Inc | 9.87% |
| 2 | YUMC | Yum China Holdings Inc | 7.31% |
| 3 | OR | LOréal S.A. | 6.28% |
| 4 | MA | Mastercard Inc | 5.30% |
| 5 | CL | Colgate-Palmolive Company | 5.21% |
| 6 | EL | EssilorLuxottica S. A. | 5.18% |
| 7 | BKNG | Booking Holdings Inc | 4.83% |
| 8 | UNH | UnitedHealth Group Incorporated | 4.38% |
| 9 | MSFT | Microsoft Corporation | 4.14% |
| 1 | IVV | iShares Core S&P 500 ETF | 51.19% |
| 2 | XEF | iShares Core MSCI EAFE IMI | 22.82% |
| 3 | XEC | iShares Core MSCI Emerging Markets IMI Index ETF | 12.45% |
| 4 | ITOT | iShares Core S&P Total U.S. Stock Market ETF | 8.26% |
| 5 | IJH | iShares Core S&P Mid-Cap ETF | 3.28% |
| 6 | IJR | iShares Core S&P Small-Cap ETF | 1.96% |
Sector Weights
| Sector | GDPY | XAW |
|---|---|---|
| Basic Materials | 5.54% | 3.63% |
| Communication Services | 0.00% | 7.54% |
| Consumer Cyclicals | 12.27% | 8.94% |
| Consumer Defensive | 14.95% | 4.60% |
| Energy | 0.00% | 3.69% |
| Financial Services | 19.15% | 16.01% |
| Healthcare | 20.48% | 8.83% |
| Industrials | 8.18% | 10.96% |
| Real Estate | 0.00% | 2.30% |
| Technology | 19.43% | 31.19% |
| Utilities | 0.00% | 2.32% |
About GDPY
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About XAW
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Which ETF is Right for You?
Both GDPY and XAW are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, XAW scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between GDPY and XAW?
GDPY (Guardian Directed Premium Yield Portfolio Hedge ETF Units) and XAW (iShares Core MSCI All Country World ex Canada Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($16M vs $4.62B), dividend yield (7.65% vs 1.20%), and year-to-date performance (-15.08% vs +12.28%).
Is GDPY better than XAW?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy GDPY and XAW on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both GDPY and XAW should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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