PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
AII.TO vs. XEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AII.TO vs. XEQT.TO

Last updated Jun 4, 2026

AII.TO (Almonty Industries Inc.) is a stock, while XEQT.TO (iShares Core Equity ETF Portfolio) is Global Equities fund actively managed by iShares. Over the past 5 years, AII.TO returned 70.92%/yr vs 13.72%/yr for XEQT.TO. At a 0.16 correlation, their price movements are largely independent.

Performance

AII.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Almonty Industries Inc. (AII.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, AII.TO achieves a 130.24% return, which is significantly higher than XEQT.TO's 12.29% return.

AII.TO

1D
-2.70%
1M
4.51%
YTD
130.24%
6M
198.18%
1Y
501.52%
3Y*
213.72%
5Y*
70.92%
10Y*
49.60%

XEQT.TO

1D
-0.56%
1M
5.98%
YTD
12.29%
6M
11.20%
1Y
29.24%
3Y*
21.78%
5Y*
13.72%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

AII.TO vs. XEQT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
AII.TO
Almonty Industries Inc.		130.24%784.25%68.52%-20.59%-23.60%39.06%52.38%-48.78%
XEQT.TO
iShares Core Equity ETF Portfolio		12.29%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%

Correlation

The correlation between AII.TO and XEQT.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.16

The correlation between AII.TO and XEQT.TO shifts across timeframes, from 0.16 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

Almonty Industries Inc.

iShares Core Equity ETF Portfolio

Often compared with AII.TO:
AII.TO vs. RY.TOAII.TO vs. RNMBYAII.TO vs. ORV.TOAII.TO vs. CGG.TOAII.TO vs. VFV.TOAII.TO vs. ABX.TOAII.TO vs. BE
Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. VOO

Return for Risk

AII.TO vs. XEQT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AII.TO
AII.TO Risk / Return Rank: 9696
Overall Rank
AII.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
AII.TO Sortino Ratio Rank: 9595
Sortino Ratio Rank
AII.TO Omega Ratio Rank: 9292
Omega Ratio Rank
AII.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
AII.TO Martin Ratio Rank: 9797
Martin Ratio Rank
XEQT.TO
XEQT.TO Risk / Return Rank: 7575
Overall Rank
XEQT.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 7878
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.

AII.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Almonty Industries Inc. (AII.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

AII.TOXEQT.TODifference
Sharpe ratioReturn per unit of total volatility
5.48
2.53

+2.96

Sortino ratioReturn per unit of downside risk
4.08
3.49

+0.59

Omega ratioGain probability vs. loss probability

1.49

1.47

+0.03

Calmar ratioReturn relative to maximum drawdown

11.62

3.56

+8.06

Martin ratioReturn relative to average drawdown

24.89

15.50

+9.39

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

AII.TO vs. XEQT.TO - Sharpe Ratio Comparison

The current AII.TO Sharpe Ratio is 5.48, which is higher than the XEQT.TO Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of AII.TO and XEQT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

AII.TOXEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.48

2.53

+2.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.05

1.05

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.95

-0.95

Drawdowns

AII.TO vs. XEQT.TO - Drawdown Comparison

The maximum AII.TO drawdown since its inception was -80.14%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for AII.TO and XEQT.TO.

Loading charts...

Drawdown Indicators

AII.TOXEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-80.14%

-29.74%

-50.40%

Max Drawdown (1Y)

Largest decline over 1 year

-43.53%

-8.25%

-35.28%

Max Drawdown (3Y)

Largest decline over 3 years

-43.53%

-15.08%

-28.45%

Max Drawdown (5Y)

Largest decline over 5 years

-66.14%

-19.56%

-46.58%

Max Drawdown (10Y)

Largest decline over 10 years

-68.52%

—

—

Current Drawdown

Current decline from peak

-13.35%

-0.56%

-12.79%

Average Drawdown

Average peak-to-trough decline

-33.09%

-4.11%

-28.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.28%

1.89%

+18.39%

Volatility

AII.TO vs. XEQT.TO - Volatility Comparison

Almonty Industries Inc. (AII.TO) has a higher volatility of 24.51% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.70%. This indicates that AII.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

AII.TOXEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

24.51%

3.70%

+20.81%

Volatility (6M)

Calculated over the trailing 6-month period

64.59%

9.38%

+55.21%

Volatility (1Y)

Calculated over the trailing 1-year period

92.88%

11.63%

+81.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

68.20%

13.12%

+55.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

72.26%

15.56%

+56.70%

Dividends

AII.TO vs. XEQT.TO - Dividend Comparison

AII.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.48%.

PositionTTM2025202420232022202120202019
AII.TO
Almonty Industries Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XEQT.TO
iShares Core Equity ETF Portfolio		1.48%1.66%2.01%2.07%2.12%1.64%1.66%1.19%

Frequently Asked Questions

AII.TO and XEQT.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for AII.TO and XEQT.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer