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CLSA.TO vs. XMD.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CLSA.TO vs. XMD.TO

Last updated Jun 4, 2026

CLSA.TO (Brompton Split Corp. Enhanced Equity Income ETF) and XMD.TO (iShares S&P/TSX Completion Index ETF) are both Canada Equities funds. CLSA.TO is actively managed, while XMD.TO is passively managed. Over the past year, CLSA.TO returned 70.18% vs 46.80% for XMD.TO. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.

Performance

CLSA.TO vs. XMD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) and iShares S&P/TSX Completion Index ETF (XMD.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, CLSA.TO achieves a 20.72% return, which is significantly higher than XMD.TO's 12.81% return.

CLSA.TO

1D
0.25%
1M
7.37%
YTD
20.72%
6M
30.07%
1Y
70.18%
3Y*
—
5Y*
—
10Y*
—

XMD.TO

1D
-1.61%
1M
4.02%
YTD
12.81%
6M
15.57%
1Y
46.80%
3Y*
27.16%
5Y*
16.03%
10Y*
11.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CLSA.TO vs. XMD.TO - Yearly Performance Comparison

2026 (YTD)2025
CLSA.TO
Brompton Split Corp. Enhanced Equity Income ETF		20.72%56.35%
XMD.TO
iShares S&P/TSX Completion Index ETF		12.81%40.50%

Correlation

The correlation between CLSA.TO and XMD.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.46

Correlation (All Time)
Calculated using the full available price history since Mar 24, 2025

0.46

Compare stocks, funds, or ETFs

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Brompton Split Corp. Enhanced Equity Income ETF

iShares S&P/TSX Completion Index ETF

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CLSA.TO vs. HDIV.TOCLSA.TO vs. HBNK.TOCLSA.TO vs. HEQL.TOCLSA.TO vs. LBS.TOCLSA.TO vs. BMAX.TOCLSA.TO vs. SPLT.TOCLSA.TO vs. BANK.TO
Often compared with XMD.TO:
XMD.TO vs. XCS.TOXMD.TO vs. XIU.TOXMD.TO vs. CGL-C.TOXMD.TO vs. VFV.TOXMD.TO vs. XCSR.TOXMD.TO vs. XCG.TOXMD.TO vs. VUN.TO

Return for Risk

CLSA.TO vs. XMD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CLSA.TO
CLSA.TO Risk / Return Rank: 9696
Overall Rank
CLSA.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
CLSA.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
CLSA.TO Omega Ratio Rank: 9797
Omega Ratio Rank
CLSA.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
CLSA.TO Martin Ratio Rank: 9494
Martin Ratio Rank
XMD.TO
XMD.TO Risk / Return Rank: 6868
Overall Rank
XMD.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
XMD.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
XMD.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XMD.TO Calmar Ratio Rank: 6262
Calmar Ratio Rank
XMD.TO Martin Ratio Rank: 6464
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.

CLSA.TO vs. XMD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) and iShares S&P/TSX Completion Index ETF (XMD.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.

CLSA.TOXMD.TODifference
Sharpe ratioReturn per unit of total volatility
4.87
2.47

+2.41

Sortino ratioReturn per unit of downside risk
5.65
2.96

+2.70

Omega ratioGain probability vs. loss probability

1.96

1.46

+0.51

Calmar ratioReturn relative to maximum drawdown

6.54

3.11

+3.43

Martin ratioReturn relative to average drawdown

28.01

11.51

+16.50

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

CLSA.TO vs. XMD.TO - Sharpe Ratio Comparison

The current CLSA.TO Sharpe Ratio is 4.87, which is higher than the XMD.TO Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of CLSA.TO and XMD.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

CLSA.TOXMD.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.87

2.47

+2.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.97

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.71

—

Sharpe Ratio (All Time)

Calculated using the full available price history

4.25

0.55

+3.70

Drawdowns

CLSA.TO vs. XMD.TO - Drawdown Comparison

The maximum CLSA.TO drawdown since its inception was -11.73%, smaller than the maximum XMD.TO drawdown of -53.42%. Use the drawdown chart below to compare losses from any high point for CLSA.TO and XMD.TO.

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Drawdown Indicators

CLSA.TOXMD.TODifference

Max Drawdown

Largest peak-to-trough decline

-11.73%

-53.42%

+41.69%

Max Drawdown (1Y)

Largest decline over 1 year

-10.78%

-15.12%

+4.34%

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.12%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-18.16%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-43.40%

—

Current Drawdown

Current decline from peak

-1.09%

-4.17%

+3.08%

Average Drawdown

Average peak-to-trough decline

-1.37%

-8.20%

+6.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

4.08%

-1.57%

Volatility

CLSA.TO vs. XMD.TO - Volatility Comparison

The current volatility for Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) is 3.14%, while iShares S&P/TSX Completion Index ETF (XMD.TO) has a volatility of 5.74%. This indicates that CLSA.TO experiences smaller price fluctuations and is considered to be less risky than XMD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CLSA.TOXMD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.14%

5.74%

-2.60%

Volatility (6M)

Calculated over the trailing 6-month period

12.36%

16.26%

-3.90%

Volatility (1Y)

Calculated over the trailing 1-year period

14.48%

19.08%

-4.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.54%

16.59%

-0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.54%

16.93%

-0.39%

CLSA.TO vs. XMD.TO - Expense Ratio Comparison

Both CLSA.TO and XMD.TO have an expense ratio of 0.60%.

Dividends

CLSA.TO vs. XMD.TO - Dividend Comparison

CLSA.TO's dividend yield for the trailing twelve months is around 10.76%, more than XMD.TO's 0.83% yield.

PositionTTM20252024202320222021202020192018201720162015
CLSA.TO
Brompton Split Corp. Enhanced Equity Income ETF		10.76%7.99%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XMD.TO
iShares S&P/TSX Completion Index ETF		0.83%0.97%1.58%1.91%2.24%1.17%1.91%2.55%2.44%1.76%1.97%2.34%

Frequently Asked Questions

CLSA.TO and XMD.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

CLSA.TO and XMD.TO have the same expense ratio: 0.60% per year.

They also come from different issuers: Brompton Funds and iShares.

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