HXCN.TO vs. XEQT.TO
Compare and contrast key facts about Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
HXCN.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. HXCN.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX Capped Composite Index. It was launched on Feb 5, 2020. XEQT.TO is an actively managed fund by iShares. It was launched on Aug 7, 2019.
Performance
HXCN.TO vs. XEQT.TO - Performance Comparison
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HXCN.TO vs. XEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HXCN.TO Global X S&P/TSX Capped Composite Index Corporate Class ETF | 4.55% | 31.20% | 21.60% | 11.98% | -6.07% | 25.23% | 1.15% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.51% | 19.47% | 24.36% | 17.25% | -11.01% | 18.94% | 6.84% |
Returns By Period
In the year-to-date period, HXCN.TO achieves a 4.55% return, which is significantly higher than XEQT.TO's 1.51% return.
HXCN.TO
- 1D
- 0.74%
- 1M
- -4.24%
- YTD
- 4.55%
- 6M
- 10.60%
- 1Y
- 34.72%
- 3Y*
- 21.31%
- 5Y*
- 14.86%
- 10Y*
- —
XEQT.TO
- 1D
- 0.85%
- 1M
- -3.50%
- YTD
- 1.51%
- 6M
- 2.89%
- 1Y
- 21.17%
- 3Y*
- 18.44%
- 5Y*
- 11.98%
- 10Y*
- —
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HXCN.TO vs. XEQT.TO - Expense Ratio Comparison
HXCN.TO has a 0.05% expense ratio, which is lower than XEQT.TO's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
HXCN.TO vs. XEQT.TO — Risk / Return Rank
HXCN.TO
XEQT.TO
HXCN.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN.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.
| HXCN.TO | XEQT.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.23 | 1.33 | +0.90 |
Sortino ratioReturn per unit of downside risk | 2.85 | 1.85 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.29 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 3.13 | 1.79 | +1.35 |
Martin ratioReturn relative to average drawdown | 14.51 | 7.98 | +6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HXCN.TO | XEQT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 1.33 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.93 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.86 | -0.08 |
Correlation
The correlation between HXCN.TO and XEQT.TO is 0.76, 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.
Dividends
HXCN.TO vs. XEQT.TO - Dividend Comparison
HXCN.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.64%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HXCN.TO Global X S&P/TSX Capped Composite Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.64% | 1.66% | 2.01% | 2.07% | 2.12% | 1.64% | 1.66% | 1.19% |
Drawdowns
HXCN.TO vs. XEQT.TO - Drawdown Comparison
The maximum HXCN.TO drawdown since its inception was -37.09%, 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 HXCN.TO and XEQT.TO.
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Drawdown Indicators
| HXCN.TO | XEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.09% | -29.74% | -7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.36% | -11.78% | +0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -16.27% | -19.56% | +3.29% |
Current DrawdownCurrent decline from peak | -4.24% | -4.27% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -4.20% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.64% | -0.19% |
Volatility
HXCN.TO vs. XEQT.TO - Volatility Comparison
The current volatility for Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN.TO) is 5.16%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 5.77%. This indicates that HXCN.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HXCN.TO | XEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 5.77% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 9.49% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.62% | 15.99% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.63% | 13.03% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 15.63% | +2.32% |