GBSL.TO vs. XEQT.TO

Last updated Jun 6, 2026

GBSL.TO (Ninepoint Global Select Fund - Series ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both Global Equities funds. Both are actively managed. GBSL.TO charges 0.85%/yr vs 0.20%/yr for XEQT.TO.

Performance

GBSL.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Ninepoint Global Select Fund - Series ETF (GBSL.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GBSL.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XEQT.TO

• 1D: -2.62%
• 1M: 1.43%
• YTD: 10.25%
• 6M: 9.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

GBSL.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ninepoint Global Select Fund - Series ETF (GBSL.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GBSL.TO	XEQT.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.23	—

Drawdowns

Drawdown Indicators

	GBSL.TO	XEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-8.25%	—
Current Drawdown Current decline from peak	—	-2.62%	—
Average Drawdown Average peak-to-trough decline	—	-1.04%	—

Volatility

Volatility by Period

	GBSL.TO	XEQT.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	11.98%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	11.98%	—

GBSL.TO vs. XEQT.TO - Expense Ratio Comparison

GBSL.TO has a 0.85% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.

Dividends

GBSL.TO vs. XEQT.TO - Dividend Comparison

GBSL.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.51%.

Position	TTM	2025	2024
GBSL.TO Ninepoint Global Select Fund - Series ETF	0.00%	0.00%	0.00%
XEQT.TO iShares Core Equity ETF Portfolio	1.51%	1.66%	0.00%

Frequently Asked Questions

Which ETF is better, GBSL.TO or XEQT.TO?

On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GBSL.TO or XEQT.TO?

XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.85% for GBSL.TO.

What is the main difference between GBSL.TO and XEQT.TO?

They also come from different issuers: Ninepoint and iShares. Their fees differ too: 0.85% for GBSL.TO and 0.20% for XEQT.TO.