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iShares Canadian HYBrid Corporate Bond Index ETF (...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssueriShares
Inception DateSep 22, 2010
RegionNorth America (Canada)
CategoryCorporate Bonds
Leveraged1x
Index TrackedMorningstar Can Corp Bd GR CAD
Home Pagewww.blackrock.com
Asset ClassBond

Expense Ratio

XHB.TO features an expense ratio of 0.50%, falling within the medium range.


Expense ratio chart for XHB.TO: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: XHB.TO vs. XCB.TO, XHB.TO vs. VSBIX, XHB.TO vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in iShares Canadian HYBrid Corporate Bond Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%AprilMayJuneJulyAugustSeptember
5.60%
8.43%
XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF)
Benchmark (^GSPC)

Returns By Period

iShares Canadian HYBrid Corporate Bond Index ETF had a return of 5.94% year-to-date (YTD) and 14.29% in the last 12 months. Over the past 10 years, iShares Canadian HYBrid Corporate Bond Index ETF had an annualized return of 3.55%, while the S&P 500 had an annualized return of 10.85%, indicating that iShares Canadian HYBrid Corporate Bond Index ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date5.94%17.79%
1 month1.61%0.18%
6 months5.60%7.53%
1 year14.29%26.42%
5 years (annualized)2.82%13.48%
10 years (annualized)3.55%10.85%

Monthly Returns

The table below presents the monthly returns of XHB.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.57%0.00%1.39%-1.09%1.39%0.59%2.17%0.43%5.94%
20233.54%-1.67%1.55%0.84%-0.98%0.47%-0.44%0.32%-2.08%0.17%3.92%4.22%10.06%
2022-2.94%-1.12%-1.88%-3.05%-0.66%-1.10%3.09%-2.62%-1.34%-0.36%3.02%-0.96%-9.67%
2021-0.50%-1.38%-0.65%0.49%0.54%0.81%0.99%0.09%-0.84%-0.52%-0.71%1.74%0.02%
20202.96%-0.35%-13.89%10.32%2.13%2.82%3.09%-0.17%-0.18%-0.03%2.24%1.17%8.71%
20192.04%0.57%1.61%0.86%0.76%1.28%0.70%0.36%0.12%-0.21%0.51%-0.31%8.59%
20180.29%-0.35%0.04%0.29%0.63%-0.35%0.09%0.63%-0.56%-0.96%-0.22%1.09%0.59%
20171.18%1.17%0.10%1.35%0.43%-1.00%-1.26%1.32%-0.83%1.03%0.92%0.04%4.49%
2016-1.35%1.71%3.95%1.97%0.70%0.46%1.97%0.79%0.45%-0.41%-0.75%-0.03%9.74%
20152.35%1.17%-0.38%-0.81%-0.06%-0.44%1.29%-2.62%-1.29%0.99%-0.67%-2.02%-2.58%
20142.31%1.08%0.15%1.35%0.91%0.39%0.10%1.33%-1.03%0.23%0.38%0.06%7.45%
20130.60%1.13%0.56%1.02%-1.12%-3.10%1.15%-1.08%0.73%1.25%0.96%-0.48%1.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of XHB.TO is 87, placing it in the top 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of XHB.TO is 8787
XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF)
The Sharpe Ratio Rank of XHB.TO is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of XHB.TO is 9393Sortino Ratio Rank
The Omega Ratio Rank of XHB.TO is 9191Omega Ratio Rank
The Calmar Ratio Rank of XHB.TO is 6464Calmar Ratio Rank
The Martin Ratio Rank of XHB.TO is 9595Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares Canadian HYBrid Corporate Bond Index ETF (XHB.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


XHB.TO
Sharpe ratio
The chart of Sharpe ratio for XHB.TO, currently valued at 2.54, compared to the broader market0.002.004.002.54
Sortino ratio
The chart of Sortino ratio for XHB.TO, currently valued at 3.76, compared to the broader market-2.000.002.004.006.008.0010.0012.003.76
Omega ratio
The chart of Omega ratio for XHB.TO, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.001.46
Calmar ratio
The chart of Calmar ratio for XHB.TO, currently valued at 1.41, compared to the broader market0.005.0010.0015.001.41
Martin ratio
The chart of Martin ratio for XHB.TO, currently valued at 19.24, compared to the broader market0.0020.0040.0060.0080.00100.00120.0019.24
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.06, compared to the broader market0.002.004.002.06
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.78, compared to the broader market-2.000.002.004.006.008.0010.0012.002.78
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.37
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.85, compared to the broader market0.005.0010.0015.001.85
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 11.09, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.09

Sharpe Ratio

The current iShares Canadian HYBrid Corporate Bond Index ETF Sharpe ratio is 2.54. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares Canadian HYBrid Corporate Bond Index ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.54
2.41
XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares Canadian HYBrid Corporate Bond Index ETF granted a 4.31% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.85 per share.


PeriodTTM20232022202120202019201820172016201520142013
DividendCA$0.85CA$0.81CA$0.77CA$0.74CA$0.77CA$0.79CA$0.81CA$0.84CA$0.89CA$0.93CA$0.98CA$1.03

Dividend yield

4.31%4.23%4.24%3.51%3.53%3.81%4.07%4.08%4.35%4.78%4.65%5.04%

Monthly Dividends

The table displays the monthly dividend distributions for iShares Canadian HYBrid Corporate Bond Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.00CA$0.57
2023CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.81
2022CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.08CA$0.77
2021CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.74
2020CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.77
2019CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.79
2018CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.81
2017CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.84
2016CA$0.08CA$0.08CA$0.08CA$0.08CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.07CA$0.89
2015CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.93
2014CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.98
2013CA$0.10CA$0.09CA$0.08CA$0.09CA$0.08CA$0.09CA$0.09CA$0.09CA$0.09CA$0.08CA$0.09CA$0.08CA$1.03

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.


-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-0.20%
-1.36%
XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares Canadian HYBrid Corporate Bond Index ETF. 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 iShares Canadian HYBrid Corporate Bond Index ETF was 26.50%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.

The current iShares Canadian HYBrid Corporate Bond Index ETF drawdown is 0.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.5%Mar 9, 202011Mar 23, 202089Jul 29, 2020100
-13.94%Aug 31, 2021287Oct 21, 2022396May 21, 2024683
-8.78%Mar 23, 2015206Jan 15, 201681May 11, 2016287
-5.61%May 3, 201336Jun 24, 2013146Jan 23, 2014182
-4.38%Jan 21, 202141Mar 19, 2021102Aug 16, 2021143

Volatility

Volatility Chart

The current iShares Canadian HYBrid Corporate Bond Index ETF volatility is 1.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
1.02%
3.33%
XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF)
Benchmark (^GSPC)