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iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) Sharpe Ratio: -0.22

ETF · Currency in CAD · Last updated Jul 25, 2026

iShares S&P/TSX Capped Information Technology Index ETF (XIT) seeks long-term capital growth by replicating the S&P/TSX Capped Information Technology Index, net of expenses. The fund provides targeted exposure to Canadian information technology companies listed within the S&P/TSX Composite and S&P/TSX SmallCap universes, with constituent weights capped.

XIT.TO's Sharpe Ratio of -0.22 indicates that for each unit of volatility, it generates -0.22 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

XIT.TO Sharpe Ratio Rank

XIT.TO Sharpe Ratio Rank: 9.29
Concerning

XIT.TO ranks above 9.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

XIT.TO Sharpe Ratio Market Positioning

The chart shows XIT.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.58 or lower
  • Yellow zone (middle 50%): 0.58 to 1.73
  • Green zone (top 25%): 1.73 or higher
  • Top 1%: 6.37+
  • Median: 1.23 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares S&P/TSX Capped Information Technology Index ETF's Sharpe Ratio with other ETFs in the Technology Equities category across multiple time periods, showing how XIT.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XCHP.TOiShares Semiconductor Index ETF2.96
CHPS.TOGlobal X Artificial Intelligence Semiconductor Index ETF2.19
YGOG.NEOAlphabet (GOOGL) Yield Shares Purpose ETF1.93
HBGD.TOGlobal X Big Data & Hardware Index ETF1.90
TECI.TOTD Global Technology Innovators Index ETF1.72
QQQT.TOEvolve NASDAQ Technology Index Fund CAD Hedged1.46
TXF.TOCI Tech Giants Covered Call Common1.40
TLF.TOBrompton Tech Leaders Income ETF1.32
ZWT.TOBMO Covered Call Technology ETF1.22
CIAI.TOCI Global Artificial Intelligence ETF1.18
XIT.TOiShares S&P/TSX Capped Information Technology Index ETF-0.22

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows XIT.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when XIT.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does XIT.TO fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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