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ALC.TO vs. XBAL.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ALC.TO vs. XBAL.TO

Last updated Jun 4, 2026

ALC.TO (Algoma Central Corporation) is a stock, while XBAL.TO (iShares Core Balanced ETF Portfolio) is Diversified Portfolio fund actively managed by iShares. Over the past 10 years, ALC.TO returned 14.29%/yr vs 7.69%/yr for XBAL.TO. At a 0.16 correlation, their price movements are largely independent.

Performance

ALC.TO vs. XBAL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Algoma Central Corporation (ALC.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ALC.TO achieves a 20.11% return, which is significantly higher than XBAL.TO's 7.81% return. Over the past 10 years, ALC.TO has outperformed XBAL.TO with an annualized return of 14.29%, while XBAL.TO has yielded a comparatively lower 7.69% annualized return.

ALC.TO

1D
0.54%
1M
2.16%
YTD
20.11%
6M
19.04%
1Y
44.74%
3Y*
19.21%
5Y*
12.22%
10Y*
14.29%

XBAL.TO

1D
-0.36%
1M
4.13%
YTD
7.81%
6M
6.00%
1Y
17.48%
3Y*
14.21%
5Y*
8.15%
10Y*
7.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ALC.TO vs. XBAL.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ALC.TO
Algoma Central Corporation		20.11%33.98%4.20%-7.11%11.32%27.43%33.75%12.11%-18.66%34.21%
XBAL.TO
iShares Core Balanced ETF Portfolio		7.81%11.87%15.76%13.01%-11.19%10.11%10.67%15.28%-2.80%5.48%

Correlation

The correlation between ALC.TO and XBAL.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.14

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

0.11

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

0.15

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2007

0.16

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Algoma Central Corporation

iShares Core Balanced ETF Portfolio

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Often compared with XBAL.TO:
XBAL.TO vs. XEQT.TOXBAL.TO vs. VBAL.TOXBAL.TO vs. XCNS.TOXBAL.TO vs. XEI.TOXBAL.TO vs. ZBAL.TOXBAL.TO vs. ZLB.TOXBAL.TO vs. GBAL.TO

Return for Risk

ALC.TO vs. XBAL.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALC.TO
ALC.TO Risk / Return Rank: 8484
Overall Rank
ALC.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
ALC.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
ALC.TO Omega Ratio Rank: 8686
Omega Ratio Rank
ALC.TO Calmar Ratio Rank: 8282
Calmar Ratio Rank
ALC.TO Martin Ratio Rank: 8484
Martin Ratio Rank
XBAL.TO
XBAL.TO Risk / Return Rank: 6161
Overall Rank
XBAL.TO Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
XBAL.TO Sortino Ratio Rank: 6060
Sortino Ratio Rank
XBAL.TO Omega Ratio Rank: 6262
Omega Ratio Rank
XBAL.TO Calmar Ratio Rank: 5757
Calmar Ratio Rank
XBAL.TO Martin Ratio Rank: 6565
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.

ALC.TO vs. XBAL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Algoma Central Corporation (ALC.TO) and iShares Core Balanced ETF Portfolio (XBAL.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.

ALC.TOXBAL.TODifference
Sharpe ratioReturn per unit of total volatility
1.89
2.06

-0.17

Sortino ratioReturn per unit of downside risk
2.64
2.87

-0.23

Omega ratioGain probability vs. loss probability

1.37

1.39

-0.01

Calmar ratioReturn relative to maximum drawdown

2.95

2.89

+0.05

Martin ratioReturn relative to average drawdown

8.16

12.15

-3.99

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

ALC.TO vs. XBAL.TO - Sharpe Ratio Comparison

The current ALC.TO Sharpe Ratio is 1.89, which is comparable to the XBAL.TO Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of ALC.TO and XBAL.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.

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Sharpe Ratios by Period

ALC.TOXBAL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.89

2.06

-0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

0.93

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.82

-0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

0.68

-0.61

Drawdowns

ALC.TO vs. XBAL.TO - Drawdown Comparison

The maximum ALC.TO drawdown since its inception was -94.53%, which is greater than XBAL.TO's maximum drawdown of -28.83%. Use the drawdown chart below to compare losses from any high point for ALC.TO and XBAL.TO.

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Drawdown Indicators

ALC.TOXBAL.TODifference

Max Drawdown

Largest peak-to-trough decline

-94.53%

-28.83%

-65.70%

Max Drawdown (1Y)

Largest decline over 1 year

-15.25%

-6.06%

-9.19%

Max Drawdown (3Y)

Largest decline over 3 years

-15.25%

-9.35%

-5.90%

Max Drawdown (5Y)

Largest decline over 5 years

-15.25%

-17.12%

+1.87%

Max Drawdown (10Y)

Largest decline over 10 years

-48.84%

-20.93%

-27.91%

Current Drawdown

Current decline from peak

-6.59%

-0.36%

-6.23%

Average Drawdown

Average peak-to-trough decline

-52.66%

-3.39%

-49.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.50%

1.44%

+4.06%

Volatility

ALC.TO vs. XBAL.TO - Volatility Comparison

Algoma Central Corporation (ALC.TO) has a higher volatility of 8.53% compared to iShares Core Balanced ETF Portfolio (XBAL.TO) at 3.14%. This indicates that ALC.TO's price experiences larger fluctuations and is considered to be riskier than XBAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ALC.TOXBAL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

8.53%

3.14%

+5.39%

Volatility (6M)

Calculated over the trailing 6-month period

20.17%

7.21%

+12.96%

Volatility (1Y)

Calculated over the trailing 1-year period

23.74%

8.51%

+15.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.44%

8.79%

+10.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.35%

9.37%

+12.98%

Dividends

ALC.TO vs. XBAL.TO - Dividend Comparison

ALC.TO's dividend yield for the trailing twelve months is around 3.68%, more than XBAL.TO's 2.10% yield.

PositionTTM20252024202320222021202020192018201720162015
ALC.TO
Algoma Central Corporation		3.68%4.23%5.14%13.85%3.73%3.99%22.63%8.90%3.08%2.00%2.29%2.00%
XBAL.TO
iShares Core Balanced ETF Portfolio		2.10%2.24%2.68%2.40%2.09%1.74%1.99%2.26%3.39%2.93%3.64%3.29%

Frequently Asked Questions

ALC.TO and XBAL.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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