MNT.TO vs. XEQT.TO
Compare and contrast key facts about Royal Canadian Mint - Canadian Gold Reserves (MNT.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
MNT.TO and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNT.TO or XEQT.TO.
Correlation
The correlation between MNT.TO and XEQT.TO is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MNT.TO vs. XEQT.TO - Performance Comparison
Key characteristics
MNT.TO:
2.96
XEQT.TO:
2.70
MNT.TO:
3.74
XEQT.TO:
3.75
MNT.TO:
1.52
XEQT.TO:
1.51
MNT.TO:
2.63
XEQT.TO:
3.95
MNT.TO:
23.57
XEQT.TO:
19.94
MNT.TO:
2.02%
XEQT.TO:
1.32%
MNT.TO:
16.09%
XEQT.TO:
9.70%
MNT.TO:
-34.79%
XEQT.TO:
-29.74%
MNT.TO:
-1.37%
XEQT.TO:
-2.55%
Returns By Period
In the year-to-date period, MNT.TO achieves a 46.19% return, which is significantly higher than XEQT.TO's 24.59% return.
MNT.TO
46.19%
2.79%
22.62%
47.39%
13.76%
10.55%
XEQT.TO
24.59%
0.74%
11.84%
25.27%
11.42%
N/A
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MNT.TO vs. XEQT.TO - Expense Ratio Comparison
Risk-Adjusted Performance
MNT.TO vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Canadian Mint - Canadian Gold Reserves (MNT.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.
Dividends
MNT.TO vs. XEQT.TO - Dividend Comparison
MNT.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.79%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
MNT.TO Royal Canadian Mint - Canadian Gold Reserves | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.79% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% |
Drawdowns
MNT.TO vs. XEQT.TO - Drawdown Comparison
The maximum MNT.TO drawdown since its inception was -34.79%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for MNT.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
MNT.TO vs. XEQT.TO - Volatility Comparison
Royal Canadian Mint - Canadian Gold Reserves (MNT.TO) has a higher volatility of 5.30% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.81%. This indicates that MNT.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.