ECHI.TO vs. XEG.TO
ECHI.TO (Ninepoint Enhanced Canadian HighShares ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - ECHI.TO is a Derivative Income fund actively managed by Ninepoint, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. ECHI.TO is actively managed, while XEG.TO is passively managed. At a 0.18 correlation, their price movements are largely independent. ECHI.TO charges 0.29%/yr vs 0.60%/yr for XEG.TO.
Performance
ECHI.TO vs. XEG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ECHI.TO achieves a 14.81% return, which is significantly lower than XEG.TO's 38.53% return.
ECHI.TO
- 1D
- 0.33%
- 1M
- 3.37%
- YTD
- 14.81%
- 6M
- 15.60%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEG.TO
- 1D
- -0.41%
- 1M
- -3.89%
- YTD
- 38.53%
- 6M
- 37.54%
- 1Y
- 51.12%
- 3Y*
- 26.37%
- 5Y*
- 28.03%
- 10Y*
- 11.69%
ECHI.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF | 14.81% | 20.01% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 38.53% | 13.11% |
Correlation
The correlation between ECHI.TO and XEG.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025 | 0.18 |
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Return for Risk
ECHI.TO vs. XEG.TO — Risk / Return Rank
ECHI.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XEG.TO
ECHI.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ninepoint Enhanced Canadian HighShares ETF (ECHI.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ECHI.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.04 | — |
| Martin ratioReturn relative to average drawdown | — | 14.38 | — |
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Drawdowns
ECHI.TO vs. XEG.TO - Drawdown Comparison
The maximum ECHI.TO drawdown since its inception was -6.84%, smaller than the maximum XEG.TO drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for ECHI.TO and XEG.TO.
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Drawdown Indicators
| ECHI.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.84% | -87.51% | +80.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.12% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.66% | — |
Current DrawdownCurrent decline from peak | -2.62% | -7.87% | +5.25% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -34.55% | +33.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.89% | — |
Volatility
ECHI.TO vs. XEG.TO - Volatility Comparison
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Volatility by Period
| ECHI.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 23.30% | -5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.86% | 28.72% | -10.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 33.40% | -15.54% |
ECHI.TO vs. XEG.TO - Expense Ratio Comparison
ECHI.TO has a 0.29% expense ratio, which is lower than XEG.TO's 0.60% expense ratio.
Dividends
ECHI.TO vs. XEG.TO - Dividend Comparison
ECHI.TO's dividend yield for the trailing twelve months is around 11.08%, more than XEG.TO's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECHI.TO Ninepoint Enhanced Canadian HighShares ETF | 11.08% | 5.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.76% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
ECHI.TO and XEG.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ECHI.TO is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ECHI.TO is cheaper with a 0.29% expense ratio, compared with 0.60% for XEG.TO.
ECHI.TO is categorized as Derivative Income, while XEG.TO is Energy Equities. They also come from different issuers: Ninepoint and iShares. Their fees differ too: 0.29% for ECHI.TO and 0.60% for XEG.TO.
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