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BGIN.NEO vs. XEXP.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BGIN.NEO vs. XEXP.TO

Last updated Jun 4, 2026

BGIN.NEO (BMO Global Innovators Fund Active ETF Series) and XEXP.TO (iShares Exponential Technologies Index ETF) are both Technology Equities funds. BGIN.NEO is actively managed, while XEXP.TO is passively managed. Over the past year, BGIN.NEO returned 88.73% vs 41.18% for XEXP.TO. At a 0.26 correlation, their price movements are largely independent. BGIN.NEO charges 1.07%/yr vs 0.44%/yr for XEXP.TO.

Performance

BGIN.NEO vs. XEXP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Global Innovators Fund Active ETF Series (BGIN.NEO) and iShares Exponential Technologies Index ETF (XEXP.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, BGIN.NEO achieves a 54.53% return, which is significantly higher than XEXP.TO's 21.53% return.

BGIN.NEO

1D
0.78%
1M
21.71%
YTD
54.53%
6M
53.21%
1Y
88.73%
3Y*
—
5Y*
—
10Y*
—

XEXP.TO

1D
0.25%
1M
11.43%
YTD
21.53%
6M
13.91%
1Y
41.18%
3Y*
17.73%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BGIN.NEO vs. XEXP.TO - Yearly Performance Comparison

2026 (YTD)202520242023
BGIN.NEO
BMO Global Innovators Fund Active ETF Series		54.53%19.37%32.08%11.72%
XEXP.TO
iShares Exponential Technologies Index ETF		21.53%13.97%9.27%9.60%

Correlation

The correlation between BGIN.NEO and XEXP.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.33

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2023

0.26

Compare stocks, funds, or ETFs

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

BMO Global Innovators Fund Active ETF Series

iShares Exponential Technologies Index ETF

Often compared with BGIN.NEO:
BGIN.NEO vs. TEC.TOBGIN.NEO vs. TECI.TOBGIN.NEO vs. YGOG.NEOBGIN.NEO vs. FINN.NEOBGIN.NEO vs. HTA.TOBGIN.NEO vs. QMVP.TOBGIN.NEO vs. QQQT.TO
Often compared with XEXP.TO:
XEXP.TO vs. ZXLK.TOXEXP.TO vs. INAI.TOXEXP.TO vs. TEC.TOXEXP.TO vs. QMVP.TOXEXP.TO vs. MTRX.TOXEXP.TO vs. QMAX.TOXEXP.TO vs. FINN.NEO

Return for Risk

BGIN.NEO vs. XEXP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BGIN.NEO
BGIN.NEO Risk / Return Rank: 9292
Overall Rank
BGIN.NEO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
BGIN.NEO Sortino Ratio Rank: 8989
Sortino Ratio Rank
BGIN.NEO Omega Ratio Rank: 9393
Omega Ratio Rank
BGIN.NEO Calmar Ratio Rank: 9393
Calmar Ratio Rank
BGIN.NEO Martin Ratio Rank: 9191
Martin Ratio Rank
XEXP.TO
XEXP.TO Risk / Return Rank: 7373
Overall Rank
XEXP.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
XEXP.TO Sortino Ratio Rank: 7575
Sortino Ratio Rank
XEXP.TO Omega Ratio Rank: 8181
Omega Ratio Rank
XEXP.TO Calmar Ratio Rank: 6969
Calmar Ratio Rank
XEXP.TO Martin Ratio Rank: 6060
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.

BGIN.NEO vs. XEXP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Global Innovators Fund Active ETF Series (BGIN.NEO) and iShares Exponential Technologies Index ETF (XEXP.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.

BGIN.NEOXEXP.TODifference

Sharpe ratio

Return per unit of total volatility

3.44

2.51

+0.93

Sortino ratio

Return per unit of downside risk

4.02

3.36

+0.66

Omega ratio

Gain probability vs. loss probability

1.64

1.48

+0.16

Calmar ratio

Return relative to maximum drawdown

6.75

3.42

+3.33

Martin ratio

Return relative to average drawdown

21.35

10.64

+10.71

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

BGIN.NEO vs. XEXP.TO - Sharpe Ratio Comparison

The current BGIN.NEO Sharpe Ratio is 3.44, which is higher than the XEXP.TO Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of BGIN.NEO and XEXP.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

BGIN.NEOXEXP.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.44

2.51

+0.93

Sharpe Ratio (All Time)

Calculated using the full available price history

1.57

0.92

+0.65

Drawdowns

BGIN.NEO vs. XEXP.TO - Drawdown Comparison

The maximum BGIN.NEO drawdown since its inception was -29.19%, which is greater than XEXP.TO's maximum drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for BGIN.NEO and XEXP.TO.

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Drawdown Indicators

BGIN.NEOXEXP.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.19%

-22.44%

-6.75%

Max Drawdown (1Y)

Largest decline over 1 year

-13.23%

-12.10%

-1.13%

Max Drawdown (3Y)

Largest decline over 3 years

—

-22.44%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.44%

-3.99%

-0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.17%

3.88%

+0.29%

Volatility

BGIN.NEO vs. XEXP.TO - Volatility Comparison

BMO Global Innovators Fund Active ETF Series (BGIN.NEO) has a higher volatility of 9.24% compared to iShares Exponential Technologies Index ETF (XEXP.TO) at 5.54%. This indicates that BGIN.NEO's price experiences larger fluctuations and is considered to be riskier than XEXP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BGIN.NEOXEXP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.24%

5.54%

+3.70%

Volatility (6M)

Calculated over the trailing 6-month period

21.40%

12.89%

+8.51%

Volatility (1Y)

Calculated over the trailing 1-year period

25.92%

16.48%

+9.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.10%

18.92%

+7.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.10%

18.92%

+7.18%

BGIN.NEO vs. XEXP.TO - Expense Ratio Comparison

BGIN.NEO has a 1.07% expense ratio, which is higher than XEXP.TO's 0.44% expense ratio.

Dividends

BGIN.NEO vs. XEXP.TO - Dividend Comparison

BGIN.NEO's dividend yield for the trailing twelve months is around 0.19%, less than XEXP.TO's 0.54% yield.

PositionTTM2025202420232022
BGIN.NEO
BMO Global Innovators Fund Active ETF Series		0.19%0.30%0.36%0.12%0.00%
XEXP.TO
iShares Exponential Technologies Index ETF		0.54%0.65%0.80%0.63%0.21%

Frequently Asked Questions

BGIN.NEO and XEXP.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XEXP.TO is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XEXP.TO is cheaper with a 0.44% expense ratio, compared with 1.07% for BGIN.NEO.

They also come from different issuers: BMO and iShares. Their fees differ too: 1.07% for BGIN.NEO and 0.44% for XEXP.TO.

Portfolio Optimizer

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