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

IDMO vs. XEG.TO

Last updated Jun 14, 2026

IDMO (Invesco S&P International Developed Momentum ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 10 years, IDMO returned 12.64%/yr vs 10.74%/yr for XEG.TO. At a 0.26 correlation, their price movements are largely independent. IDMO charges 0.25%/yr vs 0.60%/yr for XEG.TO.

Performance

IDMO vs. XEG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed Momentum ETF (IDMO) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, IDMO achieves a 8.17% return, which is significantly lower than XEG.TO's 35.78% return. Over the past 10 years, IDMO has outperformed XEG.TO with an annualized return of 12.64%, while XEG.TO has yielded a comparatively lower 10.74% annualized return.

IDMO

1D
1.36%
1M
1.48%
YTD
8.17%
6M
10.09%
1Y
24.72%
3Y*
25.21%
5Y*
15.50%
10Y*
12.64%

XEG.TO

1D
-0.60%
1M
-5.73%
YTD
35.78%
6M
35.60%
1Y
47.05%
3Y*
24.51%
5Y*
24.38%
10Y*
10.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDMO vs. XEG.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IDMO
Invesco S&P International Developed Momentum ETF		8.17%42.17%12.79%20.16%-12.03%14.31%22.01%26.09%-16.66%29.21%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		35.78%22.31%5.14%6.07%44.12%83.80%-32.85%13.73%-32.71%-4.72%

Correlation

The correlation between IDMO and XEG.TO is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.14

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

0.13

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

0.29

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

0.26

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

0.26

The correlation between IDMO and XEG.TO shifts across timeframes, from -0.14 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.

IDMO vs. XEG.TO - Sectors Allocation Comparison

Sectors
IDMO
XEG.TO

Financial Services

43.2%

-

Industrials

21.3%

-

Basic Materials

10.6%

-

Utilities

7.9%

-

Technology

6.2%

-

Consumer Defensive

2.5%

-

Communication Services

2.1%

-

Real Estate

1.8%

-

Energy

1.7%
100.0%

Consumer Cyclical

1.5%

-

Healthcare

1.1%

-

Financial Services

IDMO
43.2%
XEG.TO

-

Industrials

IDMO
21.3%
XEG.TO

-

Basic Materials

IDMO
10.6%
XEG.TO

-

Utilities

IDMO
7.9%
XEG.TO

-

Technology

IDMO
6.2%
XEG.TO

-

Consumer Defensive

IDMO
2.5%
XEG.TO

-

Communication Services

IDMO
2.1%
XEG.TO

-

Real Estate

IDMO
1.8%
XEG.TO

-

Energy

IDMO
1.7%
XEG.TO
100.0%

Consumer Cyclical

IDMO
1.5%
XEG.TO

-

Healthcare

IDMO
1.1%
XEG.TO

-

Compare stocks, funds, or ETFs

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

Invesco S&P International Developed Momentum ETF

iShares S&P/TSX Capped Energy Index ETF

Often compared with IDMO:
IDMO vs. MTUMIDMO vs. SPMOIDMO vs. IDHQIDMO vs. VXUSIDMO vs. AVDSIDMO vs. EFGIDMO vs. AVDV
Often compared with XEG.TO:
XEG.TO vs. XLEXEG.TO vs. XEQT.TOXEG.TO vs. CNQ.TOXEG.TO vs. HXE.TOXEG.TO vs. ZEO.TOXEG.TO vs. XDIV.TOXEG.TO vs. XCG.TO

Return for Risk

IDMO vs. XEG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
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
XEG.TO
XEG.TO Risk / Return Rank: 8282
Overall Rank
XEG.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 8383
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.

IDMO vs. XEG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.

IDMOXEG.TODifference
Sharpe ratioReturn per unit of total volatility
1.30
2.20

-0.91

Sortino ratioReturn per unit of downside risk
1.93
2.72

-0.79

Omega ratioGain probability vs. loss probability

1.24

1.35

-0.11

Calmar ratioReturn relative to maximum drawdown

1.89

5.17

-3.28

Martin ratioReturn relative to average drawdown

7.64

12.56

-4.92

IDMO vs. XEG.TO - Sharpe Ratio Comparison

The current IDMO Sharpe Ratio is 1.30, which is lower than the XEG.TO Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of IDMO and XEG.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

IDMO vs. XEG.TO - Drawdown Comparison

The maximum IDMO drawdown since its inception was -39.38%, smaller than the maximum XEG.TO drawdown of -91.23%. Use the drawdown chart below to compare losses from any high point for IDMO and XEG.TO.

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Drawdown Indicators

IDMOXEG.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.38%

-91.23%

+51.85%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-10.20%

-2.11%

Max Drawdown (3Y)

Largest decline over 3 years

-12.65%

-29.14%

+16.49%

Max Drawdown (5Y)

Largest decline over 5 years

-27.07%

-33.93%

+6.86%

Max Drawdown (10Y)

Largest decline over 10 years

-31.34%

-81.25%

+49.91%

Current Drawdown

Current decline from peak

-1.92%

-9.41%

+7.49%

Average Drawdown

Average peak-to-trough decline

-9.74%

-43.49%

+33.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.04%

4.19%

-1.15%

Volatility

IDMO vs. XEG.TO - Volatility Comparison

The current volatility for Invesco S&P International Developed Momentum ETF (IDMO) is 7.92%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.99%. This indicates that IDMO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDMOXEG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.92%

8.99%

-1.07%

Volatility (6M)

Calculated over the trailing 6-month period

16.02%

19.69%

-3.67%

Volatility (1Y)

Calculated over the trailing 1-year period

17.92%

23.91%

-5.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.03%

29.53%

-11.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.18%

34.27%

-16.09%

IDMO vs. XEG.TO - Expense Ratio Comparison

IDMO has a 0.25% expense ratio, which is lower than XEG.TO's 0.60% expense ratio.

Dividends

IDMO vs. XEG.TO - Dividend Comparison

IDMO's dividend yield for the trailing twelve months is around 3.52%, more than XEG.TO's 2.76% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.76%3.63%3.46%4.26%3.31%1.64%2.96%2.70%2.25%1.41%1.40%3.58%

Frequently Asked Questions

IDMO and XEG.TO have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IDMO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IDMO is cheaper with a 0.25% expense ratio, compared with 0.60% for XEG.TO.

IDMO is categorized as Momentum, while XEG.TO is Energy Equities. IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while XEG.TO tracks S&P/TSX Capped Energy Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.25% for IDMO and 0.60% for XEG.TO.

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