HXT.TO vs. AGF-B.TO

Last updated Jun 4, 2026

HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) is Canada Equities fund tracking the S&P/TSX 60 Index, while AGF-B.TO (AGF Management Ltd) is a stock. Over the past 10 years, HXT.TO returned 12.71%/yr vs 19.05%/yr for AGF-B.TO. At a 0.41 correlation, their price movements are largely independent.

Performance

HXT.TO vs. AGF-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and AGF Management Ltd (AGF-B.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HXT.TO achieves a 10.03% return, which is significantly higher than AGF-B.TO's 7.94% return. Over the past 10 years, HXT.TO has underperformed AGF-B.TO with an annualized return of 12.71%, while AGF-B.TO has yielded a comparatively higher 19.05% annualized return.

HXT.TO

• 1D: -0.87%
• 1M: 3.51%
• YTD: 10.03%
• 6M: 12.04%
• 1Y: 31.51%
• 3Y*: 22.48%
• 5Y*: 14.43%
• 10Y*: 12.71%

AGF-B.TO

• 1D: -0.58%
• 1M: 8.47%
• YTD: 7.94%
• 6M: 20.69%
• 1Y: 47.54%
• 3Y*: 41.47%
• 5Y*: 23.16%
• 10Y*: 19.05%

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

HXT.TO vs. AGF-B.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HXT.TO Global X S&P/TSX 60 Corporate Class ETF	10.03%	28.74%	20.94%	12.02%	-6.27%	28.11%	5.36%	22.18%	-7.89%	9.77%
AGF-B.TO AGF Management Ltd	7.94%	59.26%	45.89%	15.54%	-10.40%	43.95%	1.07%	41.60%	-38.19%	36.77%

Correlation

The correlation between HXT.TO and AGF-B.TO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010	0.41

Return for Risk

HXT.TO vs. AGF-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HXT.TO

HXT.TO Risk / Return Rank: 81
HXT.TO Sharpe Ratio Rank: 82
HXT.TO Sortino Ratio Rank: 79
HXT.TO Omega Ratio Rank: 80
HXT.TO Calmar Ratio Rank: 79
HXT.TO Martin Ratio Rank: 87

AGF-B.TO

AGF-B.TO Risk / Return Rank: 76
AGF-B.TO Sharpe Ratio Rank: 81
AGF-B.TO Sortino Ratio Rank: 73
AGF-B.TO Omega Ratio Rank: 78
AGF-B.TO Calmar Ratio Rank: 73
AGF-B.TO Martin Ratio Rank: 77

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.

HXT.TO vs. AGF-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and AGF Management Ltd (AGF-B.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.

	HXT.TO	AGF-B.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.70	1.47	+1.24
Sortino ratio: Return per unit of downside risk	3.63	1.89	+1.73
Omega ratio: Gain probability vs. loss probability	1.49	1.29	+0.20
Calmar ratio: Return relative to maximum drawdown	4.11	1.87	+2.24
Martin ratio: Return relative to average drawdown	19.10	5.49	+13.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HXT.TO vs. AGF-B.TO - Sharpe Ratio Comparison

The current HXT.TO Sharpe Ratio is 2.70, which is higher than the AGF-B.TO Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of HXT.TO and AGF-B.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.

Sharpe Ratios by Period

	HXT.TO	AGF-B.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	1.47	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.14	0.80	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.58	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.28	+0.41

Drawdowns

HXT.TO vs. AGF-B.TO - Drawdown Comparison

The maximum HXT.TO drawdown since its inception was -35.48%, smaller than the maximum AGF-B.TO drawdown of -90.57%. Use the drawdown chart below to compare losses from any high point for HXT.TO and AGF-B.TO.

Drawdown Indicators

	HXT.TO	AGF-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-35.48%	-90.57%	+55.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.71%	-25.57%	+17.86%
Max Drawdown (3Y) Largest decline over 3 years	-12.36%	-25.57%	+13.21%
Max Drawdown (5Y) Largest decline over 5 years	-16.33%	-29.90%	+13.57%
Max Drawdown (10Y) Largest decline over 10 years	-35.48%	-65.63%	+30.15%
Current Drawdown Current decline from peak	-0.87%	-15.87%	+15.00%
Average Drawdown Average peak-to-trough decline	-4.66%	-45.84%	+41.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	8.69%	-7.04%

Volatility

HXT.TO vs. AGF-B.TO - Volatility Comparison

The current volatility for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) is 3.25%, while AGF Management Ltd (AGF-B.TO) has a volatility of 6.95%. This indicates that HXT.TO experiences smaller price fluctuations and is considered to be less risky than AGF-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HXT.TO	AGF-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	6.95%	-3.70%
Volatility (6M) Calculated over the trailing 6-month period	9.32%	26.95%	-17.63%
Volatility (1Y) Calculated over the trailing 1-year period	11.71%	32.66%	-20.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.76%	29.20%	-16.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	32.83%	-17.66%

Dividends

HXT.TO vs. AGF-B.TO - Dividend Comparison

HXT.TO has not paid dividends to shareholders, while AGF-B.TO's dividend yield for the trailing twelve months is around 2.95%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGF-B.TO AGF Management Ltd	2.95%	3.01%	4.26%	5.58%	5.52%	4.07%	5.26%	4.97%	6.64%	3.91%	3.83%	11.35%
HXT.TO Global X S&P/TSX 60 Corporate Class ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HXT.TO and AGF-B.TO in my portfolio?

HXT.TO and AGF-B.TO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.