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GSY.TO vs. XIU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GSY.TO vs. XIU.TO

Last updated Jul 21, 2026
Documentation

GSY.TO (goeasy Ltd.) is a stock, while XIU.TO (iShares S&P/TSX 60 Index ETF) is Canada Equities fund tracking the S&P/TSX 60 Index. Over the past 10 years, GSY.TO returned 13.69%/yr vs 12.55%/yr for XIU.TO. At a 0.26 correlation, their price movements are largely independent.

Performance

GSY.TO vs. XIU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in goeasy Ltd. (GSY.TO) and iShares S&P/TSX 60 Index ETF (XIU.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GSY.TO achieves a -63.10% return, which is significantly lower than XIU.TO's 12.53% return. Over the past 10 years, GSY.TO has outperformed XIU.TO with an annualized return of 13.69%, while XIU.TO has yielded a comparatively lower 12.55% annualized return.

GSY.TO

1D
-4.93%
1M
16.47%
6M
-62.45%
YTD
-63.10%
1Y
-71.46%
3Y*
-24.94%
5Y*
-18.97%
10Y*
13.69%
ALL TIME*
8.69%

XIU.TO

1D
-1.00%
1M
1.44%
6M
8.69%
YTD
12.53%
1Y
30.19%
3Y*
22.15%
5Y*
14.62%
10Y*
12.55%
ALL TIME*
9.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GSY.TO vs. XIU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GSY.TO
goeasy Ltd.		-63.10%-18.20%8.37%53.67%-38.60%88.56%43.55%98.94%-1.48%55.88%
XIU.TO
iShares S&P/TSX 60 Index ETF		12.53%28.89%20.73%11.85%-6.35%28.06%5.27%21.81%-7.82%9.58%

Correlation

The correlation between GSY.TO and XIU.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (10Y)
Calculated over the trailing 10-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Aug 17, 2006

0.26

The correlation between GSY.TO and XIU.TO shifts across timeframes, from 0.23 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

goeasy Ltd.

iShares S&P/TSX 60 Index ETF

Often compared with GSY.TO:
GSY.TO vs. PRL.TOGSY.TO vs. CSU.TOGSY.TO vs. RY.TOGSY.TO vs. TVK.TOGSY.TO vs. AC.TOGSY.TO vs. MKP.TOGSY.TO vs. DOL.TO
Often compared with XIU.TO:
XIU.TO vs. XIC.TOXIU.TO vs. ZCN.TOXIU.TO vs. XDIV.TOXIU.TO vs. XSP.TOXIU.TO vs. HXT.TOXIU.TO vs. SPYXIU.TO vs. XIT.TO

Return for Risk

GSY.TO vs. XIU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GSY.TO
GSY.TO Risk / Return Rank: 1010
Overall Rank
GSY.TO Sharpe Ratio Rank: 88
Sharpe Ratio Rank
GSY.TO Sortino Ratio Rank: 1111
Sortino Ratio Rank
GSY.TO Omega Ratio Rank: 55
Omega Ratio Rank
GSY.TO Calmar Ratio Rank: 1212
Calmar Ratio Rank
GSY.TO Martin Ratio Rank: 1313
Martin Ratio Rank
XIU.TO
XIU.TO Risk / Return Rank: 9191
Overall Rank
XIU.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
XIU.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
XIU.TO Omega Ratio Rank: 9191
Omega Ratio Rank
XIU.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
XIU.TO Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSY.TO vs. XIU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for goeasy Ltd. (GSY.TO) and iShares S&P/TSX 60 Index ETF (XIU.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.

GSY.TOXIU.TODifference
Sharpe ratioReturn per unit of total volatility
-0.89
2.52

-3.41

Sortino ratioReturn per unit of downside risk
-1.16
3.36

-4.52

Omega ratioGain probability vs. loss probability

0.77

1.45

-0.68

Calmar ratioReturn relative to maximum drawdown

-0.83

3.96

-4.79

Martin ratioReturn relative to average drawdown

-1.29

18.11

-19.40

GSY.TO vs. XIU.TO - Sharpe Ratio Comparison

The current GSY.TO Sharpe Ratio is -0.89, which is lower than the XIU.TO Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of GSY.TO and XIU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

GSY.TO vs. XIU.TO - Drawdown Comparison

The maximum GSY.TO drawdown since its inception was -86.47%, which is greater than XIU.TO's maximum drawdown of -46.98%. Use the drawdown chart below to compare losses from any high point for GSY.TO and XIU.TO.

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Drawdown Indicators

GSY.TOXIU.TODifference

Max Drawdown

Largest peak-to-trough decline

-86.47%

-46.98%

-39.49%

Max Drawdown (1Y)

Largest decline over 1 year

-86.47%

-7.65%

-78.82%

Max Drawdown (3Y)

Largest decline over 3 years

-86.47%

-12.36%

-74.11%

Max Drawdown (5Y)

Largest decline over 5 years

-86.47%

-16.36%

-70.11%

Max Drawdown (10Y)

Largest decline over 10 years

-86.47%

-35.46%

-51.01%

Current Drawdown

Current decline from peak

-77.00%

-1.28%

-75.72%

Average Drawdown

Average peak-to-trough decline

-27.54%

-6.85%

-20.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

55.46%

1.67%

+53.79%

Volatility

GSY.TO vs. XIU.TO - Volatility Comparison

goeasy Ltd. (GSY.TO) has a higher volatility of 16.27% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 2.16%. This indicates that GSY.TO's price experiences larger fluctuations and is considered to be riskier than XIU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GSY.TOXIU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

16.27%

2.16%

+14.11%

Volatility (6M)

Calculated over the trailing 6-month period

97.20%

9.60%

+87.60%

Volatility (1Y)

Calculated over the trailing 1-year period

80.30%

12.07%

+68.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

48.92%

12.81%

+36.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.02%

14.99%

+34.03%

Dividends

GSY.TO vs. XIU.TO - Dividend Comparison

GSY.TO's dividend yield for the trailing twelve months is around 6.03%, more than XIU.TO's 2.15% yield.

PositionTTM20252024202320222021202020192018201720162015
GSY.TO
goeasy Ltd.		6.03%4.45%2.81%2.43%3.42%1.47%1.86%1.78%2.52%1.94%2.05%2.11%
XIU.TO
iShares S&P/TSX 60 Index ETF		2.15%2.39%2.92%3.16%3.02%2.43%3.03%2.87%3.18%2.58%2.65%3.19%

Frequently Asked Questions

GSY.TO and XIU.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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