KXI vs. XUT.TO

Last updated Jun 13, 2026

KXI (iShares Global Consumer Staples ETF) and XUT.TO (iShares S&P/TSX Capped Utilities Index ETF) are both exchange-traded funds - KXI is a Consumer Staples Equities fund tracking the S&P Global Consumer Staples Index, while XUT.TO is a Utilities Equities fund tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 10 years, KXI returned 6.16%/yr vs 8.02%/yr for XUT.TO. At a 0.33 correlation, their price movements are largely independent. KXI charges 0.46%/yr vs 0.61%/yr for XUT.TO.

Performance

KXI vs. XUT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Consumer Staples ETF (KXI) and iShares S&P/TSX Capped Utilities Index ETF (XUT.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, KXI achieves a 7.42% return, which is significantly lower than XUT.TO's 13.90% return. Over the past 10 years, KXI has underperformed XUT.TO with an annualized return of 6.16%, while XUT.TO has yielded a comparatively higher 8.02% annualized return.

KXI

• 1D: 0.38%
• 1M: 0.96%
• YTD: 7.42%
• 6M: 6.70%
• 1Y: 6.18%
• 3Y*: 7.23%
• 5Y*: 4.61%
• 10Y*: 6.16%

XUT.TO

• 1D: -0.23%
• 1M: 1.21%
• YTD: 13.90%
• 6M: 11.67%
• 1Y: 18.77%
• 3Y*: 10.45%
• 5Y*: 3.71%
• 10Y*: 8.02%

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

KXI vs. XUT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KXI iShares Global Consumer Staples ETF	7.42%	9.68%	4.20%	2.41%	-6.02%	13.71%	7.69%	23.40%	-10.71%	17.60%
XUT.TO iShares S&P/TSX Capped Utilities Index ETF	13.90%	20.23%	4.26%	1.98%	-16.32%	8.97%	17.53%	42.50%	-15.41%	18.16%

Correlation

The correlation between KXI and XUT.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Apr 18, 2011	0.33

The correlation between KXI and XUT.TO shifts across timeframes, from 0.23 (1 year) to 0.41 (3 years), reflecting how their relationship changes across market environments.

KXI vs. XUT.TO - Sectors Allocation Comparison

Sectors	KXI	XUT.TO
Consumer Defensive	96.9%	-
Consumer Cyclical	3.1%	-
Basic Materials	-	-
Communication Services	-	-
Energy	-	9.3%
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	90.7%

Return for Risk

KXI vs. XUT.TO — Risk / Return Rank

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

KXI

KXI Risk / Return Rank: 17
KXI Sharpe Ratio Rank: 19
KXI Sortino Ratio Rank: 18
KXI Omega Ratio Rank: 17
KXI Calmar Ratio Rank: 18
KXI Martin Ratio Rank: 16

XUT.TO

XUT.TO Risk / Return Rank: 75
XUT.TO Sharpe Ratio Rank: 87
XUT.TO Sortino Ratio Rank: 83
XUT.TO Omega Ratio Rank: 89
XUT.TO Calmar Ratio Rank: 65
XUT.TO Martin Ratio Rank: 53

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.

KXI vs. XUT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Consumer Staples ETF (KXI) and iShares S&P/TSX Capped Utilities Index ETF (XUT.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.

	KXI	XUT.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.52	1.95	-1.43
Sortino ratio: Return per unit of downside risk	0.81	2.51	-1.70
Omega ratio: Gain probability vs. loss probability	1.10	1.37	-0.27
Calmar ratio: Return relative to maximum drawdown	0.61	2.79	-2.18
Martin ratio: Return relative to average drawdown	1.31	8.89	-7.59

KXI vs. XUT.TO - Sharpe Ratio Comparison

The current KXI Sharpe Ratio is 0.52, which is lower than the XUT.TO Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of KXI and XUT.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.

Drawdowns

KXI vs. XUT.TO - Drawdown Comparison

The maximum KXI drawdown since its inception was -42.27%, roughly equal to the maximum XUT.TO drawdown of -42.99%. Use the drawdown chart below to compare losses from any high point for KXI and XUT.TO.

Drawdown Indicators

	KXI	XUT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-42.27%	-42.99%	+0.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.24%	-6.76%	-3.48%
Max Drawdown (3Y) Largest decline over 3 years	-11.92%	-21.13%	+9.21%
Max Drawdown (5Y) Largest decline over 5 years	-17.45%	-34.82%	+17.37%
Max Drawdown (10Y) Largest decline over 10 years	-24.59%	-42.99%	+18.40%
Current Drawdown Current decline from peak	-5.59%	-1.28%	-4.31%
Average Drawdown Average peak-to-trough decline	-5.37%	-10.40%	+5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.76%	2.12%	+2.64%

Volatility

KXI vs. XUT.TO - Volatility Comparison

iShares Global Consumer Staples ETF (KXI) has a higher volatility of 4.08% compared to iShares S&P/TSX Capped Utilities Index ETF (XUT.TO) at 2.64%. This indicates that KXI's price experiences larger fluctuations and is considered to be riskier than XUT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KXI	XUT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	2.64%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	9.54%	8.25%	+1.29%
Volatility (1Y) Calculated over the trailing 1-year period	11.94%	9.67%	+2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.48%	14.40%	-1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	17.43%	-3.68%

KXI vs. XUT.TO - Expense Ratio Comparison

KXI has a 0.46% expense ratio, which is lower than XUT.TO's 0.61% expense ratio.

Dividends

KXI vs. XUT.TO - Dividend Comparison

KXI's dividend yield for the trailing twelve months is around 2.13%, less than XUT.TO's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KXI iShares Global Consumer Staples ETF	2.13%	2.29%	2.51%	2.99%	1.98%	2.26%	2.34%	2.17%	2.97%	2.17%	2.34%	2.20%
XUT.TO iShares S&P/TSX Capped Utilities Index ETF	3.25%	3.91%	4.00%	3.90%	3.80%	3.04%	4.51%	3.57%	4.52%	3.57%	3.74%	4.05%

Frequently Asked Questions

Can I hold both KXI and XUT.TO in my portfolio?

KXI and XUT.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KXI or XUT.TO?

On fees, KXI is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KXI or XUT.TO?

KXI is cheaper with a 0.46% expense ratio, compared with 0.61% for XUT.TO.

What is the main difference between KXI and XUT.TO?

KXI is categorized as Consumer Staples Equities, while XUT.TO is Utilities Equities. KXI tracks S&P Global Consumer Staples Index, while XUT.TO tracks Morningstar Gbl GR CAD. Their fees differ too: 0.46% for KXI and 0.61% for XUT.TO.