HTB.TO vs. XTLH.TO
HTB.TO (Global X US 7-10 Year Treasury Bond Index Corporate Class ETF) and XTLH.TO (iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)) are both Government Bonds funds. HTB.TO is actively managed, while XTLH.TO is passively managed. Over the past year, HTB.TO returned 6.05% vs 2.05% for XTLH.TO. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
HTB.TO vs. XTLH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HTB.TO achieves a 1.68% return, which is significantly higher than XTLH.TO's -1.97% return.
HTB.TO
- 1D
- 0.08%
- 1M
- 0.03%
- 6M
- 0.05%
- YTD
- 1.68%
- 1Y
- 6.05%
- 3Y*
- 4.68%
- 5Y*
- 0.54%
- 10Y*
- 1.13%
XTLH.TO
- 1D
- 0.23%
- 1M
- -1.37%
- 6M
- -3.18%
- YTD
- -1.97%
- 1Y
- 2.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HTB.TO vs. XTLH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HTB.TO Global X US 7-10 Year Treasury Bond Index Corporate Class ETF | 1.68% | 2.71% | 8.07% | -0.02% |
XTLH.TO iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) | -1.97% | 2.61% | -9.55% | -1.06% |
Correlation
The correlation between HTB.TO and XTLH.TO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Dec 28, 2023 | 0.58 |
The correlation between HTB.TO and XTLH.TO has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
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Return for Risk
HTB.TO vs. XTLH.TO — Risk / Return Rank
HTB.TO
XTLH.TO
HTB.TO vs. XTLH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X US 7-10 Year Treasury Bond Index Corporate Class ETF (HTB.TO) and iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.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.
| HTB.TO | XTLH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.04 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 0.25 | +0.88 |
| Martin ratioReturn relative to average drawdown | 2.34 | 0.55 | +1.79 |
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Drawdowns
HTB.TO vs. XTLH.TO - Drawdown Comparison
The maximum HTB.TO drawdown since its inception was -26.11%, which is greater than XTLH.TO's maximum drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for HTB.TO and XTLH.TO.
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Drawdown Indicators
| HTB.TO | XTLH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.11% | -15.86% | -10.25% |
Max Drawdown (1Y)Largest decline over 1 year | -5.39% | -8.37% | +2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -7.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -26.11% | — | — |
Current DrawdownCurrent decline from peak | -11.91% | -12.71% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -12.51% | -9.21% | -3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 3.72% | -1.13% |
Volatility
HTB.TO vs. XTLH.TO - Volatility Comparison
The current volatility for Global X US 7-10 Year Treasury Bond Index Corporate Class ETF (HTB.TO) is 2.00%, while iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.TO) has a volatility of 3.21%. This indicates that HTB.TO experiences smaller price fluctuations and is considered to be less risky than XTLH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTB.TO | XTLH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.00% | 3.21% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 4.50% | 6.99% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.08% | 9.44% | -3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.35% | 12.36% | -3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.38% | 12.36% | -2.98% |
Dividends
HTB.TO vs. XTLH.TO - Dividend Comparison
HTB.TO has not paid dividends to shareholders, while XTLH.TO's dividend yield for the trailing twelve months is around 4.70%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
HTB.TO Global X US 7-10 Year Treasury Bond Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% |
XTLH.TO iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) | 4.70% | 4.42% | 4.32% | 0.51% |
Frequently Asked Questions
HTB.TO and XTLH.TO have a correlation of 0.49, 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.
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