CAUV.TO vs. XEQT.TO

Last updated Jun 4, 2026

CAUV.TO (Avantis CIBC U.S. Small Cap Value ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - CAUV.TO is a Small Cap Value Equities fund actively managed by Avantis, while XEQT.TO is a Global Equities fund actively managed by iShares. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. CAUV.TO charges 0.35%/yr vs 0.20%/yr for XEQT.TO.

Performance

CAUV.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC U.S. Small Cap Value ETF (CAUV.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CAUV.TO

• 1D: -0.56%
• 1M: 3.89%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

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

	2026 (YTD)
CAUV.TO Avantis CIBC U.S. Small Cap Value ETF	5.90%
XEQT.TO iShares Core Equity ETF Portfolio	6.67%

Correlation

The correlation between CAUV.TO and XEQT.TO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.65

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XEQT.TO

XEQT.TO Risk / Return Rank: 75
XEQT.TO Sharpe Ratio Rank: 76
XEQT.TO Sortino Ratio Rank: 76
XEQT.TO Omega Ratio Rank: 76
XEQT.TO Calmar Ratio Rank: 70
XEQT.TO Martin Ratio Rank: 78

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.

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

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC U.S. Small Cap Value ETF (CAUV.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CAUV.TO	XEQT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.47	0.95	+0.52

Drawdowns

CAUV.TO vs. XEQT.TO - Drawdown Comparison

The maximum CAUV.TO drawdown since its inception was -7.68%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for CAUV.TO and XEQT.TO.

Drawdown Indicators

	CAUV.TO	XEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.68%	-29.74%	+22.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.25%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.56%	—
Current Drawdown Current decline from peak	-0.93%	-0.56%	-0.37%
Average Drawdown Average peak-to-trough decline	-2.09%	-4.11%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.89%	—

Volatility

Volatility by Period

	CAUV.TO	XEQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.49%	11.63%	+3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	13.12%	+2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.49%	15.56%	-0.07%

CAUV.TO vs. XEQT.TO - Expense Ratio Comparison

CAUV.TO has a 0.35% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.

Dividends

CAUV.TO vs. XEQT.TO - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CAUV.TO Avantis CIBC U.S. Small Cap Value ETF	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

Can I hold both CAUV.TO and XEQT.TO in my portfolio?

CAUV.TO and XEQT.TO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CAUV.TO or XEQT.TO?

On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CAUV.TO or XEQT.TO?

XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.35% for CAUV.TO.

What is the main difference between CAUV.TO and XEQT.TO?

CAUV.TO is categorized as Small Cap Value Equities, while XEQT.TO is Global Equities. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.35% for CAUV.TO and 0.20% for XEQT.TO.