Correlation
The correlation between BAM.TO and XIU.TO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BAM.TO vs. XIU.TO
Compare and contrast key facts about Brookfield Asset Management Ltd (BAM.TO) and iShares S&P/TSX 60 Index ETF (XIU.TO).
XIU.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 28, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAM.TO or XIU.TO.
Performance
BAM.TO vs. XIU.TO - Performance Comparison
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Key characteristics
BAM.TO:
1.53
XIU.TO:
1.59
BAM.TO:
2.13
XIU.TO:
2.24
BAM.TO:
1.29
XIU.TO:
1.33
BAM.TO:
1.77
XIU.TO:
1.91
BAM.TO:
5.41
XIU.TO:
8.53
BAM.TO:
9.95%
XIU.TO:
2.76%
BAM.TO:
32.58%
XIU.TO:
14.15%
BAM.TO:
-30.37%
XIU.TO:
-52.31%
BAM.TO:
-11.27%
XIU.TO:
-0.38%
Returns By Period
In the year-to-date period, BAM.TO achieves a 0.74% return, which is significantly lower than XIU.TO's 7.00% return.
BAM.TO
0.74%
5.56%
-2.11%
49.73%
N/A
N/A
N/A
XIU.TO
7.00%
5.19%
3.39%
21.12%
11.16%
14.81%
9.20%
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Risk-Adjusted Performance
BAM.TO vs. XIU.TO — Risk-Adjusted Performance Rank
BAM.TO
XIU.TO
BAM.TO vs. XIU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Asset Management Ltd (BAM.TO) and iShares S&P/TSX 60 Index ETF (XIU.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.
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Dividends
BAM.TO vs. XIU.TO - Dividend Comparison
BAM.TO's dividend yield for the trailing twelve months is around 3.38%, more than XIU.TO's 2.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAM.TO Brookfield Asset Management Ltd | 3.38% | 3.08% | 3.24% | 20.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIU.TO iShares S&P/TSX 60 Index ETF | 2.85% | 2.92% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% | 2.65% |
Drawdowns
BAM.TO vs. XIU.TO - Drawdown Comparison
The maximum BAM.TO drawdown since its inception was -30.37%, smaller than the maximum XIU.TO drawdown of -52.31%. Use the drawdown chart below to compare losses from any high point for BAM.TO and XIU.TO.
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Volatility
BAM.TO vs. XIU.TO - Volatility Comparison
Brookfield Asset Management Ltd (BAM.TO) has a higher volatility of 7.96% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 2.23%. This indicates that BAM.TO's price experiences larger fluctuations and is considered to be riskier than XIU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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