BAM vs. XIU.TO
Compare and contrast key facts about Brookfield Asset Management Inc. (BAM) 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 or XIU.TO.
Key characteristics
| BAM | XIU.TO | |
|---|---|---|
| YTD Return | -1.55% | 4.65% |
| 1Y Return | 25.28% | 9.88% |
| Sharpe Ratio | 0.91 | 0.75 |
| Daily Std Dev | 26.93% | 11.45% |
| Max Drawdown | -20.47% | -52.32% |
| Current Drawdown | -8.14% | -2.06% |
Correlation
The correlation between BAM and XIU.TO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BAM vs. XIU.TO - Performance Comparison
In the year-to-date period, BAM achieves a -1.55% return, which is significantly lower than XIU.TO's 4.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BAM vs. XIU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Asset Management Inc. (BAM) 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.
Dividends
BAM vs. XIU.TO - Dividend Comparison
BAM's dividend yield for the trailing twelve months is around 3.42%, more than XIU.TO's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAM Brookfield Asset Management Inc. | 3.42% | 3.19% | 0.00% | 0.00% | 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 | 3.03% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% | 2.65% | 2.68% |
Drawdowns
BAM vs. XIU.TO - Drawdown Comparison
The maximum BAM drawdown since its inception was -20.47%, smaller than the maximum XIU.TO drawdown of -52.32%. Use the drawdown chart below to compare losses from any high point for BAM and XIU.TO. For additional features, visit the drawdowns tool.
Volatility
BAM vs. XIU.TO - Volatility Comparison
Brookfield Asset Management Inc. (BAM) has a higher volatility of 6.97% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 3.60%. This indicates that BAM'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.