CTC-A.TO vs. XIC.TO

Last updated Jun 5, 2026

CTC-A.TO (Canadian Tire Corporation Ltd) is a stock, while XIC.TO (iShares Core S&P/TSX Capped Composite Index ETF) is Canada Equities fund tracking the S&P/TSX Capped Composite Index. Over the past 10 years, CTC-A.TO returned 5.48%/yr vs 12.57%/yr for XIC.TO. At a 0.39 correlation, their price movements are largely independent.

Performance

CTC-A.TO vs. XIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canadian Tire Corporation Ltd (CTC-A.TO) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTC-A.TO achieves a 3.37% return, which is significantly lower than XIC.TO's 12.10% return. Over the past 10 years, CTC-A.TO has underperformed XIC.TO with an annualized return of 5.48%, while XIC.TO has yielded a comparatively higher 12.57% annualized return.

CTC-A.TO

• 1D: 0.09%
• 1M: -5.88%
• YTD: 3.37%
• 6M: 4.97%
• 1Y: 5.06%
• 3Y*: 6.15%
• 5Y*: 1.34%
• 10Y*: 5.48%

XIC.TO

• 1D: 1.22%
• 1M: 5.07%
• YTD: 12.10%
• 6M: 13.12%
• 1Y: 36.92%
• 3Y*: 24.30%
• 5Y*: 14.88%
• 10Y*: 12.57%

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

CTC-A.TO vs. XIC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CTC-A.TO Canadian Tire Corporation Ltd	3.37%	20.07%	12.82%	3.76%	-19.20%	11.26%	24.14%	0.73%	-11.01%	19.72%
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF	12.10%	31.51%	21.48%	11.73%	-5.82%	23.42%	5.61%	22.76%	-8.72%	8.99%

Correlation

The correlation between CTC-A.TO and XIC.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 23, 2001	0.39

The correlation between CTC-A.TO and XIC.TO shifts across timeframes, from 0.26 (1 year) to 0.46 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

CTC-A.TO vs. XIC.TO — Risk / Return Rank

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

CTC-A.TO

CTC-A.TO Risk / Return Rank: 46
CTC-A.TO Sharpe Ratio Rank: 50
CTC-A.TO Sortino Ratio Rank: 42
CTC-A.TO Omega Ratio Rank: 43
CTC-A.TO Calmar Ratio Rank: 49
CTC-A.TO Martin Ratio Rank: 48

XIC.TO

XIC.TO Risk / Return Rank: 85
XIC.TO Sharpe Ratio Rank: 88
XIC.TO Sortino Ratio Rank: 85
XIC.TO Omega Ratio Rank: 86
XIC.TO Calmar Ratio Rank: 79
XIC.TO Martin Ratio Rank: 87

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.

CTC-A.TO vs. XIC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Tire Corporation Ltd (CTC-A.TO) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.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.

	CTC-A.TO	XIC.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.23	2.92	-2.68
Sortino ratio: Return per unit of downside risk	0.45	3.75	-3.31
Omega ratio: Gain probability vs. loss probability	1.07	1.53	-0.46
Calmar ratio: Return relative to maximum drawdown	0.31	3.99	-3.68
Martin ratio: Return relative to average drawdown	0.61	18.51	-17.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTC-A.TO vs. XIC.TO - Sharpe Ratio Comparison

The current CTC-A.TO Sharpe Ratio is 0.23, which is lower than the XIC.TO Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of CTC-A.TO and XIC.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.

Sharpe Ratios by Period

	CTC-A.TO	XIC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	2.92	-2.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	1.14	-1.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.84	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.54	-0.33

Drawdowns

CTC-A.TO vs. XIC.TO - Drawdown Comparison

The maximum CTC-A.TO drawdown since its inception was -87.25%, which is greater than XIC.TO's maximum drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for CTC-A.TO and XIC.TO.

Drawdown Indicators

	CTC-A.TO	XIC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-87.25%	-48.21%	-39.04%
Max Drawdown (1Y) Largest decline over 1 year	-16.35%	-9.29%	-7.06%
Max Drawdown (3Y) Largest decline over 3 years	-29.70%	-12.27%	-17.43%
Max Drawdown (5Y) Largest decline over 5 years	-30.90%	-16.24%	-14.66%
Max Drawdown (10Y) Largest decline over 10 years	-58.17%	-37.21%	-20.96%
Current Drawdown Current decline from peak	-11.34%	0.00%	-11.34%
Average Drawdown Average peak-to-trough decline	-33.68%	-7.04%	-26.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.36%	2.00%	+6.36%

Volatility

CTC-A.TO vs. XIC.TO - Volatility Comparison

Canadian Tire Corporation Ltd (CTC-A.TO) has a higher volatility of 7.59% compared to iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) at 3.61%. This indicates that CTC-A.TO's price experiences larger fluctuations and is considered to be riskier than XIC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CTC-A.TO	XIC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.59%	3.61%	+3.98%
Volatility (6M) Calculated over the trailing 6-month period	14.45%	10.39%	+4.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.70%	12.71%	+8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	13.14%	+8.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.87%	14.96%	+10.91%

Dividends

CTC-A.TO vs. XIC.TO - Dividend Comparison

CTC-A.TO's dividend yield for the trailing twelve months is around 4.06%, more than XIC.TO's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTC-A.TO Canadian Tire Corporation Ltd	4.06%	4.08%	4.63%	4.90%	4.13%	2.59%	2.72%	2.97%	2.52%	1.59%	1.65%	1.78%
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF	2.00%	2.23%	2.64%	2.95%	3.10%	2.44%	3.03%	3.01%	3.19%	2.49%	2.72%	3.21%

Frequently Asked Questions

Can I hold both CTC-A.TO and XIC.TO in my portfolio?

CTC-A.TO and XIC.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.