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HXT.TO vs. IDMO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXT.TO vs. IDMO

Last updated Jun 13, 2026

HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - HXT.TO is a Canada Equities fund tracking the S&P/TSX 60 Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, HXT.TO returned 13.12%/yr vs 13.61%/yr for IDMO. At a 0.44 correlation, their price movements are largely independent. HXT.TO charges 0.07%/yr vs 0.25%/yr for IDMO.

Performance

HXT.TO vs. IDMO - 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 Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HXT.TO is traded in CAD, while IDMO is traded in USD. To make them comparable, the IDMO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HXT.TO achieves a 11.19% return, which is significantly higher than IDMO's 10.42% return. Both investments have delivered pretty close results over the past 10 years, with HXT.TO having a 13.12% annualized return and IDMO not far ahead at 13.61%.

HXT.TO

1D
0.62%
1M
4.35%
YTD
11.19%
6M
11.91%
1Y
32.21%
3Y*
22.95%
5Y*
14.58%
10Y*
13.12%

IDMO

1D
1.59%
1M
0.10%
YTD
10.42%
6M
11.71%
1Y
25.94%
3Y*
27.10%
5Y*
18.90%
10Y*
13.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HXT.TO vs. IDMO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		11.19%28.74%20.94%12.02%-6.27%28.11%5.36%22.18%-7.89%9.77%
IDMO
Invesco S&P International Developed Momentum ETF		10.48%35.68%22.34%17.30%-6.45%14.25%19.11%20.89%-9.65%20.46%

Correlation

The correlation between HXT.TO and IDMO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.63

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

0.62

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

0.64

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

0.52

Correlation (All Time)
Calculated using the full available price history since Feb 24, 2012

0.44

The correlation between HXT.TO and IDMO shifts across timeframes, from 0.44 (all time) to 0.64 (5 years), reflecting how their relationship changes across market environments.

HXT.TO vs. IDMO - Sectors Allocation Comparison

Sectors
HXT.TO
IDMO

Financial Services

37.3%
42.4%

Energy

15.9%
1.9%

Basic Materials

12.6%
10.2%

Technology

12.0%
5.3%

Industrials

8.9%
22.6%

Consumer Cyclical

3.9%
1.4%

Consumer Defensive

3.6%
2.5%

Utilities

2.9%
8.4%

Communication Services

2.4%
2.2%

Real Estate

0.5%
2.0%

Healthcare

-

1.2%

Financial Services

HXT.TO
37.3%
IDMO
42.4%

Energy

HXT.TO
15.9%
IDMO
1.9%

Basic Materials

HXT.TO
12.6%
IDMO
10.2%

Technology

HXT.TO
12.0%
IDMO
5.3%

Industrials

HXT.TO
8.9%
IDMO
22.6%

Consumer Cyclical

HXT.TO
3.9%
IDMO
1.4%

Consumer Defensive

HXT.TO
3.6%
IDMO
2.5%

Utilities

HXT.TO
2.9%
IDMO
8.4%

Communication Services

HXT.TO
2.4%
IDMO
2.2%

Real Estate

HXT.TO
0.5%
IDMO
2.0%

Healthcare

HXT.TO

-

IDMO
1.2%

Compare stocks, funds, or ETFs

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

Global X S&P/TSX 60 Corporate Class ETF

Invesco S&P International Developed Momentum ETF

Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO
Often compared with IDMO:
IDMO vs. MTUMIDMO vs. SPMOIDMO vs. IDHQIDMO vs. VXUSIDMO vs. AVDSIDMO vs. EFGIDMO vs. AVDV

Return for Risk

HXT.TO vs. IDMO — 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: 8989
Overall Rank
HXT.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 8989
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 8989
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 9191
Martin Ratio Rank
IDMO
IDMO Risk / Return Rank: 4444
Overall Rank
IDMO Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
IDMO Sortino Ratio Rank: 4343
Sortino Ratio Rank
IDMO Omega Ratio Rank: 4242
Omega Ratio Rank
IDMO Calmar Ratio Rank: 4343
Calmar Ratio Rank
IDMO Martin Ratio Rank: 5151
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.

HXT.TO vs. IDMO - 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 Invesco S&P International Developed Momentum ETF (IDMO). 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.

HXT.TOIDMODifference
Sharpe ratioReturn per unit of total volatility
2.70
1.42

+1.28

Sortino ratioReturn per unit of downside risk
3.61
2.09

+1.52

Omega ratioGain probability vs. loss probability

1.49

1.26

+0.23

Calmar ratioReturn relative to maximum drawdown

4.20

2.18

+2.01

Martin ratioReturn relative to average drawdown

19.34

8.89

+10.44

HXT.TO vs. IDMO - Sharpe Ratio Comparison

The current HXT.TO Sharpe Ratio is 2.70, which is higher than the IDMO Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of HXT.TO and IDMO, 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

HXT.TO vs. IDMO - Drawdown Comparison

The maximum HXT.TO drawdown since its inception was -52.13%, which is greater than IDMO's maximum drawdown of -30.46%. Use the drawdown chart below to compare losses from any high point for HXT.TO and IDMO.

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Drawdown Indicators

HXT.TOIDMODifference

Max Drawdown

Largest peak-to-trough decline

-52.13%

-30.46%

-21.67%

Max Drawdown (1Y)

Largest decline over 1 year

-7.71%

-11.93%

+4.22%

Max Drawdown (3Y)

Largest decline over 3 years

-12.36%

-13.13%

+0.77%

Max Drawdown (5Y)

Largest decline over 5 years

-16.33%

-21.90%

+5.57%

Max Drawdown (10Y)

Largest decline over 10 years

-35.48%

-25.51%

-9.97%

Current Drawdown

Current decline from peak

-0.22%

-0.66%

+0.44%

Average Drawdown

Average peak-to-trough decline

-19.06%

-6.98%

-12.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.67%

2.93%

-1.26%

Volatility

HXT.TO vs. IDMO - Volatility Comparison

The current volatility for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) is 3.94%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 8.06%. This indicates that HXT.TO experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXT.TOIDMODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.94%

8.06%

-4.12%

Volatility (6M)

Calculated over the trailing 6-month period

9.57%

16.29%

-6.72%

Volatility (1Y)

Calculated over the trailing 1-year period

11.98%

18.31%

-6.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.80%

19.00%

-6.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.17%

19.23%

-4.06%

HXT.TO vs. IDMO - Expense Ratio Comparison

HXT.TO has a 0.07% expense ratio, which is lower than IDMO's 0.25% 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%.

Dividends

HXT.TO vs. IDMO - Dividend Comparison

HXT.TO has not paid dividends to shareholders, while IDMO's dividend yield for the trailing twelve months is around 3.52%.

PositionTTM20252024202320222021202020192018201720162015
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%
IDMO
Invesco S&P International Developed Momentum ETF		3.52%3.71%2.24%2.89%3.66%1.81%1.63%2.78%3.27%3.08%2.18%2.52%

Frequently Asked Questions

HXT.TO and IDMO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HXT.TO is cheaper with a 0.07% expense ratio, compared with 0.25% for IDMO.

HXT.TO is categorized as Canada Equities, while IDMO is Momentum. HXT.TO tracks S&P/TSX 60 Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.07% for HXT.TO and 0.25% for IDMO.

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