iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.TO)
XIG.TO is a passive ETF by iShares tracking the investment results of the Markit iBoxx USD Liquid Investment Grade Total Return Index Hedged in CAD. XIG.TO launched on Jan 21, 2010 and has a 0.32% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Jan 21, 2010 |
| Region | North America (United States) |
| Category | Corporate Bonds |
| Leveraged | 1x |
| Index Tracked | Markit iBoxx USD Liquid Investment Grade Total Return Index Hedged in CAD |
| Home Page | www.blackrock.com |
| Asset Class | Bond |
Expense Ratio
XIG.TO features an expense ratio of 0.32%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: XIG.TO vs. VDY.TO, XIG.TO vs. XSB.TO, XIG.TO vs. XHY.TO
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) had a return of 0.83% year-to-date (YTD) and 9.69% in the last 12 months. Over the past 10 years, iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) had an annualized return of 1.74%, while the S&P 500 had an annualized return of 11.39%, indicating that iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.83% | 25.45% |
| 1 month | -1.80% | 2.91% |
| 6 months | 3.38% | 14.05% |
| 1 year | 9.69% | 35.64% |
| 5 years (annualized) | -0.68% | 14.13% |
| 10 years (annualized) | 1.74% | 11.39% |
Monthly Returns
The table below presents the monthly returns of XIG.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.61% | -1.86% | 1.48% | -3.41% | 2.15% | 0.63% | 2.48% | 1.77% | 1.75% | -3.32% | 0.83% | ||
| 2023 | 5.10% | -4.22% | 3.78% | 0.33% | -1.62% | 0.58% | -0.05% | -1.09% | -3.80% | -2.29% | 7.02% | 4.79% | 8.08% |
| 2022 | -3.91% | -2.08% | -2.94% | -6.60% | 1.58% | -3.27% | 4.18% | -4.09% | -6.80% | -0.85% | 6.30% | -1.43% | -18.91% |
| 2021 | -1.92% | -2.35% | -1.33% | 1.09% | 0.36% | 2.57% | 1.32% | -0.40% | -1.51% | 0.45% | -0.03% | 0.13% | -1.72% |
| 2020 | 2.39% | 1.17% | -6.36% | 4.89% | 1.46% | 2.21% | 3.05% | -1.75% | -0.41% | -0.39% | 3.48% | 0.08% | 9.75% |
| 2019 | 3.39% | -0.33% | 2.81% | 0.41% | 1.37% | 3.26% | 0.09% | 3.80% | -0.81% | 0.33% | 0.49% | 0.45% | 16.22% |
| 2018 | -1.63% | -2.17% | 0.51% | -1.52% | 1.27% | -1.58% | 1.32% | -0.04% | -0.26% | -2.11% | -0.59% | 1.57% | -5.19% |
| 2017 | 0.09% | 1.27% | -0.38% | 1.17% | 1.20% | 0.51% | 0.57% | 0.48% | 0.06% | 0.14% | -0.07% | 1.17% | 6.36% |
| 2016 | -0.05% | 1.07% | 3.41% | 1.48% | -0.61% | 2.98% | 1.21% | 0.20% | -0.49% | -1.34% | -3.18% | 0.73% | 5.34% |
| 2015 | 4.04% | -1.03% | 0.09% | -1.25% | -0.84% | -1.88% | 0.76% | -0.82% | 0.90% | 0.66% | -0.26% | -0.76% | -0.51% |
| 2014 | 1.82% | 1.22% | 0.15% | 1.26% | 1.56% | -0.01% | -0.37% | 2.11% | -1.60% | 1.01% | 1.23% | -0.16% | 8.46% |
| 2013 | -1.09% | 1.07% | 0.11% | 2.26% | -3.46% | -3.29% | 1.43% | -0.97% | 0.67% | 2.23% | -0.20% | 0.17% | -1.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of XIG.TO is 32, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) provided a 4.46% dividend yield over the last twelve months, with an annual payout of CA$0.89 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.89 | CA$0.80 | CA$0.64 | CA$0.56 | CA$0.68 | CA$0.75 | CA$0.74 | CA$0.68 | CA$0.75 | CA$0.70 | CA$0.71 | CA$0.87 |
Dividend yield | 4.46% | 3.88% | 3.23% | 2.21% | 2.62% | 3.07% | 3.42% | 2.87% | 3.27% | 3.10% | 3.05% | 3.93% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.06 | CA$0.00 | CA$0.68 | |
| 2023 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.07 | CA$0.07 | CA$0.14 | CA$0.80 |
| 2022 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.07 | CA$0.07 | CA$0.08 | CA$0.64 |
| 2021 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.56 |
| 2020 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.68 |
| 2019 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.75 |
| 2018 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.11 | CA$0.74 |
| 2017 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.68 |
| 2016 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.12 | CA$0.75 |
| 2015 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.13 | CA$0.70 |
| 2014 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.71 |
| 2013 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.07 | CA$0.07 | CA$0.15 | CA$0.87 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged). 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 U.S. IG Corporate Bond Index ETF (CAD-Hedged) was 25.49%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) drawdown is 13.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.49% | Jan 4, 2021 | 452 | Oct 20, 2022 | — | — | — |
| -22.89% | Mar 9, 2020 | 9 | Mar 19, 2020 | 71 | Jun 30, 2020 | 80 |
| -8.52% | May 3, 2013 | 36 | Jun 24, 2013 | 201 | Apr 11, 2014 | 237 |
| -7.55% | Jan 16, 2018 | 216 | Nov 22, 2018 | 84 | Mar 26, 2019 | 300 |
| -5.97% | Aug 30, 2016 | 77 | Dec 16, 2016 | 148 | Jul 21, 2017 | 225 |
Volatility
Volatility Chart
The current iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) volatility is 2.56%, 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.