KILO-B.TO vs. XEQT.TO

Last updated Jun 5, 2026

KILO-B.TO (Purpose Gold Bullion Fund ETF Non-Currency Hedged) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - KILO-B.TO is a Gold fund actively managed by Purpose Investments, while XEQT.TO is a Global Equities fund actively managed by iShares. Both are actively managed. Over the past 5 years, KILO-B.TO returned 22.03%/yr vs 13.90%/yr for XEQT.TO. At a 0.03 correlation, their price movements are largely independent. KILO-B.TO charges 0.28%/yr vs 0.20%/yr for XEQT.TO.

Performance

KILO-B.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KILO-B.TO achieves a 4.82% return, which is significantly lower than XEQT.TO's 13.22% return.

KILO-B.TO

• 1D: 0.66%
• 1M: 0.22%
• YTD: 4.82%
• 6M: 5.56%
• 1Y: 34.38%
• 3Y*: 32.83%
• 5Y*: 22.03%
• 10Y*: —

XEQT.TO

• 1D: 0.83%
• 1M: 6.02%
• YTD: 13.22%
• 6M: 11.68%
• 1Y: 30.42%
• 3Y*: 22.22%
• 5Y*: 13.90%
• 10Y*: —

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

KILO-B.TO vs. XEQT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	4.82%	56.51%	37.76%	10.43%	6.38%	-4.67%	21.17%	-0.82%
XEQT.TO iShares Core Equity ETF Portfolio	13.22%	19.47%	24.36%	17.25%	-11.01%	18.94%	11.82%	9.89%

Correlation

The correlation between KILO-B.TO and XEQT.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Aug 15, 2019	0.03

Over the past year, KILO-B.TO and XEQT.TO have become more correlated (0.29) than their long-term average of 0.03, meaning their price movements have been converging.

Return for Risk

KILO-B.TO vs. XEQT.TO — Risk / Return Rank

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

KILO-B.TO

KILO-B.TO Risk / Return Rank: 38
KILO-B.TO Sharpe Ratio Rank: 39
KILO-B.TO Sortino Ratio Rank: 35
KILO-B.TO Omega Ratio Rank: 44
KILO-B.TO Calmar Ratio Rank: 40
KILO-B.TO Martin Ratio Rank: 32

XEQT.TO

XEQT.TO Risk / Return Rank: 80
XEQT.TO Sharpe Ratio Rank: 82
XEQT.TO Sortino Ratio Rank: 81
XEQT.TO Omega Ratio Rank: 82
XEQT.TO Calmar Ratio Rank: 75
XEQT.TO Martin Ratio Rank: 82

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.

KILO-B.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.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.

	KILO-B.TO	XEQT.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.62	-1.24
Sortino ratio: Return per unit of downside risk	1.81	3.61	-1.80
Omega ratio: Gain probability vs. loss probability	1.28	1.48	-0.21
Calmar ratio: Return relative to maximum drawdown	1.98	3.70	-1.72
Martin ratio: Return relative to average drawdown	4.86	16.13	-11.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KILO-B.TO vs. XEQT.TO - Sharpe Ratio Comparison

The current KILO-B.TO Sharpe Ratio is 1.38, which is lower than the XEQT.TO Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of KILO-B.TO and XEQT.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

	KILO-B.TO	XEQT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	2.62	-1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.32	1.07	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.96	+0.25

Drawdowns

KILO-B.TO vs. XEQT.TO - Drawdown Comparison

The maximum KILO-B.TO drawdown since its inception was -22.54%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for KILO-B.TO and XEQT.TO.

Drawdown Indicators

	KILO-B.TO	XEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-22.54%	-29.74%	+7.20%
Max Drawdown (1Y) Largest decline over 1 year	-17.41%	-8.25%	-9.16%
Max Drawdown (3Y) Largest decline over 3 years	-17.41%	-15.08%	-2.33%
Max Drawdown (5Y) Largest decline over 5 years	-17.41%	-19.56%	+2.15%
Current Drawdown Current decline from peak	-14.92%	0.00%	-14.92%
Average Drawdown Average peak-to-trough decline	-7.73%	-4.11%	-3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.10%	1.89%	+5.21%

Volatility

KILO-B.TO vs. XEQT.TO - Volatility Comparison

Purpose Gold Bullion Fund ETF Non-Currency Hedged (KILO-B.TO) has a higher volatility of 5.37% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.70%. This indicates that KILO-B.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KILO-B.TO	XEQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	3.70%	+1.67%
Volatility (6M) Calculated over the trailing 6-month period	21.49%	9.41%	+12.08%
Volatility (1Y) Calculated over the trailing 1-year period	25.05%	11.65%	+13.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	13.13%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	15.56%	+2.43%

KILO-B.TO vs. XEQT.TO - Expense Ratio Comparison

KILO-B.TO has a 0.28% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.

Dividends

KILO-B.TO vs. XEQT.TO - Dividend Comparison

KILO-B.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
KILO-B.TO Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.69%	0.00%
XEQT.TO iShares Core Equity ETF Portfolio	1.47%	1.66%	2.01%	2.07%	2.12%	1.64%	1.66%	1.19%

Frequently Asked Questions

Can I hold both KILO-B.TO and XEQT.TO in my portfolio?

KILO-B.TO and XEQT.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KILO-B.TO or XEQT.TO?

On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KILO-B.TO or XEQT.TO?

XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.28% for KILO-B.TO.

What is the main difference between KILO-B.TO and XEQT.TO?

KILO-B.TO is categorized as Gold, while XEQT.TO is Global Equities. They also come from different issuers: Purpose Investments and iShares. Their fees differ too: 0.28% for KILO-B.TO and 0.20% for XEQT.TO.