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8 ETF Portfolio
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

8 ETF Portfolio

Currency in USD · Last updated Apr 9, 2026

Asset Allocation

VSB.TO 12.50%XSTP.TO 12.50%VEQT.TO 12.50%XDIV.TO 12.50%VIDY.TO 12.50%XGI.TO 12.50%ZLB.TO 12.50%ZUT.TO 12.50%BondBondEquityEquity
PositionCategory/SectorTarget Weight
VEQT.TO
Vanguard All-Equity ETF Portfolio		Global Equities, Actively Managed
12.50%
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		Foreign Large Cap Equities, Dividend
12.50%
VSB.TO
Vanguard Canadian Short Term Bond		Canadian Government Bonds
12.50%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		Dividend, Large Cap Value Equities
12.50%
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		Industrials Equities
12.50%
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		Inflation-Protected Bonds
12.50%
ZLB.TO
BMO Low Volatility Canadian Equity ETF		Canada Equities
12.50%
ZUT.TO
BMO Equal Weight Utilities Index ETF		Utilities Equities
12.50%

S&P 500 Index

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 8 ETF Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.

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The earliest data available for this chart is Jul 12, 2021, corresponding to the inception date of XSTP.TO

Returns By Period

1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
2.51%-0.19%-0.92%0.43%36.13%18.22%10.44%12.72%
Portfolio
8 ETF Portfolio
1.69%1.48%6.39%9.51%34.71%14.08%——
Portfolio components:
VEQT.TO
Vanguard All-Equity ETF Portfolio		0.00%-1.44%1.21%4.32%43.09%18.03%9.80%—
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		0.00%3.34%8.60%14.85%46.56%19.03%13.65%—
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		0.00%1.36%7.43%14.72%51.44%20.55%13.02%—
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		4.72%-0.46%8.03%11.44%50.35%20.43%9.96%11.35%
ZLB.TO
BMO Low Volatility Canadian Equity ETF		1.29%-1.07%2.47%9.58%33.93%13.71%10.37%10.35%
ZUT.TO
BMO Equal Weight Utilities Index ETF		1.02%6.37%17.18%12.78%45.48%10.71%4.47%10.09%
VSB.TO
Vanguard Canadian Short Term Bond		0.49%-2.03%-0.44%1.50%5.67%3.18%-0.06%1.27%
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		-0.17%0.13%1.16%0.89%3.58%4.32%——
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 13, 2021, 8 ETF Portfolio's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +7.5%, while the worst month was Sep 2022 at -9.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, 8 ETF Portfolio closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +4.3%, while the worst single day was Apr 4, 2025 at -4.4%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.50%4.71%-3.75%3.00%6.39%
20251.10%2.13%0.79%3.71%3.63%2.59%-0.03%2.32%1.17%1.33%1.34%1.36%23.57%
2024-0.93%0.73%2.56%-2.62%4.03%-0.85%3.06%3.16%2.80%-3.20%2.62%-4.71%6.36%
20235.66%-2.87%2.17%1.87%-2.55%3.77%1.87%-3.41%-3.40%-3.55%7.46%5.25%12.00%
2022-0.64%-0.44%3.37%-5.05%1.50%-6.02%4.46%-3.61%-9.20%4.65%5.66%-2.53%-8.74%
20210.40%0.02%-2.30%3.86%-4.10%4.20%1.82%

Benchmark Metrics

8 ETF Portfolio has an annualized alpha of 2.02%, beta of 0.51, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since July 13, 2021.

  • This portfolio participated in 62.29% of S&P 500 Index downside but only 57.48% of its upside — more exposed to losses than it benefited from rallies.
  • This portfolio generated an annualized alpha of 2.02% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.51 indicates this portfolio moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
Alpha
2.02%
Beta
0.51
R²
0.61
Upside Capture
57.48%
Downside Capture
62.29%

Expense Ratio

8 ETF Portfolio has an expense ratio of 0.33%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)
ZUT.TO
BMO Equal Weight Utilities Index ETF
ZLB.TO
BMO Low Volatility Canadian Equity ETF
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF
VEQT.TO
Vanguard All-Equity ETF Portfolio
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF
VSB.TO
Vanguard Canadian Short Term Bond
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF

Return for Risk

Risk / Return Rank

8 ETF Portfolio ranks 96 for risk / return — in the top 96% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

8 ETF Portfolio Risk / Return Rank: 9696
Overall Rank
8 ETF Portfolio Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
8 ETF Portfolio Sortino Ratio Rank: 9999
Sortino Ratio Rank
8 ETF Portfolio Omega Ratio Rank: 9898
Omega Ratio Rank
8 ETF Portfolio Calmar Ratio Rank: 9292
Calmar Ratio Rank
8 ETF Portfolio Martin Ratio Rank: 9494
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.

Return / Risk — by metrics

PortfolioBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

3.95

2.19

+1.76

Sortino ratio

Return per unit of downside risk

6.39

3.49

+2.90

Omega ratio

Gain probability vs. loss probability

1.86

1.48

+0.38

Calmar ratio

Return relative to maximum drawdown

5.98

3.70

+2.28

Martin ratio

Return relative to average drawdown

26.17

16.45

+9.73

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

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Risk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
VEQT.TO
Vanguard All-Equity ETF Portfolio		862.894.391.614.3319.26
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		984.957.462.0611.7543.04
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		883.404.981.664.3217.68
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		752.774.371.553.6216.35
ZLB.TO
BMO Low Volatility Canadian Equity ETF		883.255.021.644.6520.83
ZUT.TO
BMO Equal Weight Utilities Index ETF		863.785.431.745.4613.63
VSB.TO
Vanguard Canadian Short Term Bond		221.111.711.201.484.10
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		251.151.651.261.585.41

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

8 ETF Portfolio Sharpe ratios as of Apr 9, 2026 (values are recalculated daily):

  • 1-Year: 3.95
  • All Time: 0.73

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 2.13 to 2.98, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of 8 ETF Portfolio compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

8 ETF Portfolio provided a 2.57% dividend yield over the last twelve months.

TTM20252024202320222021202020192018201720162015
Portfolio2.57%2.75%2.99%3.00%3.29%2.37%2.34%2.36%2.16%1.44%1.34%1.35%
Portfolio components:
VEQT.TO
Vanguard All-Equity ETF Portfolio		1.36%1.42%1.58%1.88%2.09%1.40%1.48%1.42%0.00%0.00%0.00%0.00%
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ETF		3.54%3.81%4.29%4.20%3.95%3.58%4.58%4.02%4.85%1.82%0.00%0.00%
VIDY.TO
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF		2.46%2.80%3.59%3.89%4.37%3.28%3.34%3.36%0.93%0.00%0.00%0.00%
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		1.41%1.54%2.69%1.24%1.34%0.90%0.96%1.30%1.88%1.12%1.35%1.41%
ZLB.TO
BMO Low Volatility Canadian Equity ETF		1.88%1.93%2.37%2.67%2.66%2.39%2.83%2.44%2.76%2.52%2.94%2.34%
ZUT.TO
BMO Equal Weight Utilities Index ETF		2.86%3.44%3.98%4.35%3.95%3.25%3.31%4.00%4.59%3.71%3.98%4.63%
VSB.TO
Vanguard Canadian Short Term Bond		3.03%3.04%3.04%2.66%2.24%2.02%2.24%2.31%2.29%2.34%2.45%2.38%
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		4.05%4.06%2.41%3.08%5.70%2.19%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the 8 ETF Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the 8 ETF Portfolio was 18.93%, occurring on Oct 12, 2022. Recovery took 351 trading sessions.

The current 8 ETF Portfolio drawdown is 0.86%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.93%Mar 31, 2022134Oct 12, 2022351Mar 6, 2024485
-8.11%Sep 27, 2024133Apr 8, 202511Apr 24, 2025144
-5.44%Nov 10, 202116Dec 1, 202172Mar 17, 202288
-5.3%Mar 2, 202615Mar 20, 2026———
-4.24%Apr 1, 202412Apr 16, 202414May 6, 202426

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 8 assets, with an effective number of assets of 8.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
BenchmarkXSTP.TOZUT.TOVSB.TOXGI.TOVIDY.TOXDIV.TOZLB.TOVEQT.TOPortfolio
Benchmark1.000.170.470.440.650.640.600.620.900.73
XSTP.TO0.171.000.270.430.180.240.270.320.270.34
ZUT.TO0.470.271.000.600.510.550.690.740.590.78
VSB.TO0.440.430.601.000.580.590.680.700.600.75
XGI.TO0.650.180.510.581.000.650.660.620.750.81
VIDY.TO0.640.240.550.590.651.000.730.710.820.85
XDIV.TO0.600.270.690.680.660.731.000.830.780.89
ZLB.TO0.620.320.740.700.620.710.831.000.770.89
VEQT.TO0.900.270.590.600.750.820.780.771.000.90
Portfolio0.730.340.780.750.810.850.890.890.901.00
The correlation results are calculated based on daily price changes starting from Jul 13, 2021