CISS vs. XDIV.TO

Last updated Apr 1, 2026

Compare and contrast key facts about C3is Inc. (CISS) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO).

XDIV.TO is a passively managed fund by iShares that tracks the performance of the MSCI Canada High Dividend Yield 10% Security Capped Index. It was launched on Jun 12, 2017.

Performance

CISS vs. XDIV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in C3is Inc. (CISS) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO). The values are adjusted to include any dividend payments, if applicable.

CISS vs. XDIV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CISS C3is Inc.	-82.02%	-97.31%	-98.92%	-85.68%
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	6.92%	30.91%	10.12%	6.27%

Different Trading Currencies

CISS is traded in USD, while XDIV.TO is traded in CAD. To make them comparable, the XDIV.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CISS achieves a -82.02% return, which is significantly lower than XDIV.TO's 6.92% return.

CISS

• 1D: 3.96%
• 1M: -46.31%
• YTD: -82.02%
• 6M: -98.07%
• 1Y: -98.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDIV.TO

• 1D: 0.90%
• 1M: 0.50%
• YTD: 6.92%
• 6M: 14.03%
• 1Y: 32.46%
• 3Y*: 19.05%
• 5Y*: 13.43%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CISS vs. XDIV.TO — Risk / Return Rank

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

CISS

CISS Risk / Return Rank: 5
CISS Sharpe Ratio Rank: 16
CISS Sortino Ratio Rank: 2
CISS Omega Ratio Rank: 1
CISS Calmar Ratio Rank: 1
CISS Martin Ratio Rank: 6

XDIV.TO

XDIV.TO Risk / Return Rank: 95
XDIV.TO Sharpe Ratio Rank: 97
XDIV.TO Sortino Ratio Rank: 97
XDIV.TO Omega Ratio Rank: 97
XDIV.TO Calmar Ratio Rank: 89
XDIV.TO Martin Ratio Rank: 95

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.

CISS vs. XDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for C3is Inc. (CISS) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.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.

	CISS	XDIV.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.59	2.85	-3.44
Sortino ratio Return per unit of downside risk	-2.11	3.61	-5.72
Omega ratio Gain probability vs. loss probability	0.67	1.61	-0.95
Calmar ratio Return relative to maximum drawdown	-1.00	3.27	-4.27
Martin ratio Return relative to average drawdown	-1.63	19.75	-21.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CISS vs. XDIV.TO - Sharpe Ratio Comparison

The current CISS Sharpe Ratio is -0.59, which is lower than the XDIV.TO Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of CISS and XDIV.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CISS	XDIV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	2.85	-3.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.68	0.59	-1.27

Correlation

The correlation between CISS and XDIV.TO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CISS vs. XDIV.TO - Dividend Comparison

CISS has not paid dividends to shareholders, while XDIV.TO's dividend yield for the trailing twelve months is around 3.58%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CISS C3is Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XDIV.TO iShares Core MSCI Canadian Quality Dividend Index ETF	3.58%	3.81%	4.29%	4.20%	3.95%	3.58%	4.58%	4.02%	4.85%	1.82%

Drawdowns

CISS vs. XDIV.TO - Drawdown Comparison

The maximum CISS drawdown since its inception was -100.00%, which is greater than XDIV.TO's maximum drawdown of -46.49%. Use the drawdown chart below to compare losses from any high point for CISS and XDIV.TO.

Drawdown Indicators

	CISS	XDIV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-41.30%	-58.70%
Max Drawdown (1Y) Largest decline over 1 year	-99.12%	-10.53%	-88.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.60%	—
Current Drawdown Current decline from peak	-100.00%	0.00%	-100.00%
Average Drawdown Average peak-to-trough decline	-96.45%	-4.32%	-92.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.79%	2.02%	+58.77%

Volatility

CISS vs. XDIV.TO - Volatility Comparison

C3is Inc. (CISS) has a higher volatility of 35.33% compared to iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) at 2.69%. This indicates that CISS's price experiences larger fluctuations and is considered to be riskier than XDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CISS	XDIV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.33%	2.69%	+32.64%
Volatility (6M) Calculated over the trailing 6-month period	206.10%	6.56%	+199.54%
Volatility (1Y) Calculated over the trailing 1-year period	168.62%	11.43%	+157.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.76%	14.19%	+130.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.76%	19.38%	+125.38%