ETHI.TO vs. XEQT.TO
ETHI.TO (Global X Global Sustainability Leaders Index ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both Global Equities funds. Both are actively managed. Over the past 5 years, ETHI.TO returned 6.68%/yr vs 13.59%/yr for XEQT.TO. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
ETHI.TO vs. XEQT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETHI.TO achieves a 8.35% return, which is significantly lower than XEQT.TO's 14.16% return.
ETHI.TO
- 1D
- 0.11%
- 1M
- 2.07%
- 6M
- 8.18%
- YTD
- 8.35%
- 1Y
- 14.76%
- 3Y*
- 13.04%
- 5Y*
- 6.68%
- 10Y*
- —
XEQT.TO
- 1D
- 0.24%
- 1M
- 0.34%
- 6M
- 10.11%
- YTD
- 14.16%
- 1Y
- 28.37%
- 3Y*
- 21.71%
- 5Y*
- 13.59%
- 10Y*
- —
ETHI.TO vs. XEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETHI.TO Global X Global Sustainability Leaders Index ETF | 8.35% | 8.90% | 15.46% | 23.45% | -23.60% | 22.09% | 35.86% | 12.25% |
XEQT.TO iShares Core Equity ETF Portfolio | 14.16% | 20.57% | 24.38% | 17.27% | -10.99% | 18.98% | 11.85% | 8.56% |
Correlation
The correlation between ETHI.TO and XEQT.TO is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2019 | 0.75 |
The correlation between ETHI.TO and XEQT.TO has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETHI.TO vs. XEQT.TO — Risk / Return Rank
ETHI.TO
XEQT.TO
ETHI.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Global Sustainability Leaders Index ETF (ETHI.TO) and iShares Core Equity ETF Portfolio (XEQT.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.
| ETHI.TO | XEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.43 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 3.45 | -2.18 |
| Martin ratioReturn relative to average drawdown | 4.64 | 14.74 | -10.10 |
Loading charts...
Drawdowns
ETHI.TO vs. XEQT.TO - Drawdown Comparison
The maximum ETHI.TO drawdown since its inception was -32.78%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for ETHI.TO and XEQT.TO.
Loading charts...
Drawdown Indicators
| ETHI.TO | XEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.78% | -29.74% | -3.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.59% | -8.25% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -19.07% | -15.08% | -3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -31.97% | -19.55% | -12.42% |
Current DrawdownCurrent decline from peak | -0.35% | -0.97% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -6.86% | -4.05% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.93% | +1.26% |
Volatility
ETHI.TO vs. XEQT.TO - Volatility Comparison
Global X Global Sustainability Leaders Index ETF (ETHI.TO) has a higher volatility of 3.72% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 2.51%. This indicates that ETHI.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETHI.TO | XEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 2.51% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 11.35% | 10.14% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.05% | 12.27% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.06% | 13.25% | +3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 15.52% | +4.44% |
Dividends
ETHI.TO vs. XEQT.TO - Dividend Comparison
ETHI.TO's dividend yield for the trailing twelve months is around 0.80%, less than XEQT.TO's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ETHI.TO Global X Global Sustainability Leaders Index ETF | 0.80% | 0.99% | 0.82% | 1.06% | 1.09% | 1.22% | 0.84% | 0.64% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.59% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
Frequently Asked Questions
ETHI.TO and XEQT.TO have a correlation of 0.78, 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: Global X and iShares.
Find the right allocation for ETHI.TO and XEQT.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer