ESGY.TO vs. XMS.TO
ESGY.TO (BMO MSCI USA Selection Equity Index ETF) and XMS.TO (iShares MSCI Min Vol USA Index ETF (CAD-Hedged)) are both Large Cap Blend Equities funds. Over the past 5 years, ESGY.TO returned 16.24%/yr vs 4.87%/yr for XMS.TO. At a 0.37 correlation, their price movements are largely independent.
Performance
ESGY.TO vs. XMS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ESGY.TO achieves a 13.25% return, which is significantly higher than XMS.TO's 1.23% return.
ESGY.TO
- 1D
- 1.45%
- 1M
- 2.57%
- YTD
- 13.25%
- 6M
- 13.11%
- 1Y
- 28.69%
- 3Y*
- 23.63%
- 5Y*
- 16.24%
- 10Y*
- —
XMS.TO
- 1D
- 0.94%
- 1M
- 0.29%
- YTD
- 1.23%
- 6M
- 0.86%
- 1Y
- 0.03%
- 3Y*
- 7.81%
- 5Y*
- 4.87%
- 10Y*
- 7.51%
ESGY.TO vs. XMS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESGY.TO BMO MSCI USA Selection Equity Index ETF | 13.25% | 13.67% | 33.83% | 26.54% | -15.46% | 30.67% | 11.27% |
XMS.TO iShares MSCI Min Vol USA Index ETF (CAD-Hedged) | 1.23% | 3.74% | 14.27% | 7.88% | -11.12% | 21.05% | -1.63% |
Correlation
The correlation between ESGY.TO and XMS.TO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2020 | 0.37 |
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Return for Risk
ESGY.TO vs. XMS.TO — Risk / Return Rank
ESGY.TO
XMS.TO
ESGY.TO vs. XMS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO MSCI USA Selection Equity Index ETF (ESGY.TO) and iShares MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS.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.
| ESGY.TO | XMS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.25 | ||
| Sortino ratioReturn per unit of downside risk | +3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.01 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 0.00 | +2.71 |
| Martin ratioReturn relative to average drawdown | 9.84 | 0.01 | +9.83 |
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Drawdowns
ESGY.TO vs. XMS.TO - Drawdown Comparison
The maximum ESGY.TO drawdown since its inception was -26.36%, smaller than the maximum XMS.TO drawdown of -36.87%. Use the drawdown chart below to compare losses from any high point for ESGY.TO and XMS.TO.
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Drawdown Indicators
| ESGY.TO | XMS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.36% | -36.87% | +10.51% |
Max Drawdown (1Y)Largest decline over 1 year | -10.62% | -8.32% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -20.83% | -9.80% | -11.03% |
Max Drawdown (5Y)Largest decline over 5 years | -22.89% | -19.06% | -3.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.87% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.16% | +3.16% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -4.44% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.59% | -0.67% |
Volatility
ESGY.TO vs. XMS.TO - Volatility Comparison
BMO MSCI USA Selection Equity Index ETF (ESGY.TO) has a higher volatility of 4.46% compared to iShares MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS.TO) at 3.11%. This indicates that ESGY.TO's price experiences larger fluctuations and is considered to be riskier than XMS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGY.TO | XMS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 3.11% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 6.34% | +3.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.77% | 10.28% | +2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 12.38% | +3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 15.22% | +1.65% |
Dividends
ESGY.TO vs. XMS.TO - Dividend Comparison
ESGY.TO's dividend yield for the trailing twelve months is around 0.61%, less than XMS.TO's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ESGY.TO BMO MSCI USA Selection Equity Index ETF | 0.61% | 0.66% | 0.79% | 1.16% | 1.34% | 1.12% | 1.44% | 0.00% | 0.00% | 0.00% | 0.00% |
XMS.TO iShares MSCI Min Vol USA Index ETF (CAD-Hedged) | 1.21% | 1.10% | 1.24% | 1.41% | 1.22% | 1.02% | 1.71% | 1.44% | 1.58% | 2.02% | 0.94% |
Frequently Asked Questions
ESGY.TO and XMS.TO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BMO and iShares.
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