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iShares Core Canadian Short Term Bond Index ETF (XSB.TO) Sharpe Ratio: 1.48

ETF · Currency in CAD · Last updated Jun 4, 2026

XSB.TO is a passive ETF by iShares tracking the investment results of the Morningstar Can 1-5Y Core Bd GR CAD. XSB.TO launched on Nov 20, 2000 and has a 0.10% expense ratio.

XSB.TO's Sharpe Ratio of 1.48 indicates that for each unit of volatility, it generates 1.48 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 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.

XSB.TO Sharpe Ratio Rank

XSB.TO Sharpe Ratio Rank: 41.141
Average

XSB.TO ranks above 41.1% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

XSB.TO Sharpe Ratio Market Positioning

The chart shows XSB.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%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.78+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares Core Canadian Short Term Bond Index ETF's Sharpe Ratio with other ETFs in the Canadian Government Bonds category across multiple time periods, showing how XSB.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 Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CBIL.TOGlobal X 0-3 Month T-Bill ETF9.47
VVSG.TOVanguard Canadian Ultra-Short Government Bond Index ETF6.32
TCSH.TOTD Cash Management ETF5.79
XFR.TOiShares Floating Rate Index ETF4.12
ZBI.TOBMO Canadian Bank Income Index ETF2.59
XSHG.TOiShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF1.95
ZCS.TOBMO Short Corporate Bond Index ETF1.95
XSH.TOiShares Core Canadian Short Term Corporate Bond Index ETF1.79
CBO.TOiShares 1-5 Year Laddered Corporate Bond Index ETF1.57
ZST.TOBMO Ultra Short-Term Bond ETF1.56
XSB.TOiShares Core Canadian Short Term Bond Index ETF1.48

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows XSB.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 XSB.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does XSB.TO fit in your portfolio?

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