GEQT.TO vs. XEQT.TO
Compare and contrast key facts about iShares ESG Equity ETF Portfolio (GEQT.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
GEQT.TO and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GEQT.TO is an actively managed fund by iShares. It was launched on Sep 2, 2020. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GEQT.TO or XEQT.TO.
Key characteristics
| GEQT.TO | XEQT.TO | |
|---|---|---|
| YTD Return | 28.22% | 23.27% |
| 1Y Return | 37.35% | 30.29% |
| 3Y Return (Ann) | 9.94% | 8.44% |
| Sharpe Ratio | 3.36 | 3.16 |
| Sortino Ratio | 4.57 | 4.43 |
| Omega Ratio | 1.67 | 1.59 |
| Calmar Ratio | 5.86 | 4.58 |
| Martin Ratio | 26.84 | 23.79 |
| Ulcer Index | 1.45% | 1.28% |
| Daily Std Dev | 11.60% | 9.61% |
| Max Drawdown | -23.64% | -29.74% |
| Current Drawdown | 0.00% | -0.50% |
Correlation
The correlation between GEQT.TO and XEQT.TO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GEQT.TO vs. XEQT.TO - Performance Comparison
In the year-to-date period, GEQT.TO achieves a 28.22% return, which is significantly higher than XEQT.TO's 23.27% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GEQT.TO vs. XEQT.TO - Expense Ratio Comparison
GEQT.TO has a 0.25% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GEQT.TO vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Equity ETF Portfolio (GEQT.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.
Dividends
GEQT.TO vs. XEQT.TO - Dividend Comparison
GEQT.TO's dividend yield for the trailing twelve months is around 1.33%, less than XEQT.TO's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
GEQT.TO iShares ESG Equity ETF Portfolio | 1.33% | 1.58% | 1.82% | 1.32% | 0.87% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.81% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% |
Drawdowns
GEQT.TO vs. XEQT.TO - Drawdown Comparison
The maximum GEQT.TO drawdown since its inception was -23.64%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for GEQT.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
GEQT.TO vs. XEQT.TO - Volatility Comparison
iShares ESG Equity ETF Portfolio (GEQT.TO) has a higher volatility of 3.47% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.01%. This indicates that GEQT.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.