NNRG.NEO vs. IXC
Compare and contrast key facts about Ninepoint Energy ETF (NNRG.NEO) and iShares Global Energy ETF (IXC).
NNRG.NEO and IXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NNRG.NEO is a passively managed fund by Ninepoint that tracks the performance of the S&P/TSX Capped Energy Total Return Index. It was launched on May 11, 2021. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001. Both NNRG.NEO and IXC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
NNRG.NEO vs. IXC - Performance Comparison
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NNRG.NEO vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NNRG.NEO Ninepoint Energy ETF | 37.70% | 19.14% | 13.26% | -4.21% | 66.18% | 55.91% |
IXC iShares Global Energy ETF | 39.25% | 8.75% | 10.71% | 1.64% | 59.09% | 14.87% |
Different Trading Currencies
NNRG.NEO is traded in CAD, while IXC is traded in USD. To make them comparable, the IXC values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with NNRG.NEO having a 37.70% return and IXC slightly higher at 39.25%.
NNRG.NEO
- 1D
- -0.42%
- 1M
- 17.91%
- YTD
- 37.70%
- 6M
- 51.12%
- 1Y
- 54.48%
- 3Y*
- 22.68%
- 5Y*
- —
- 10Y*
- —
IXC
- 1D
- -0.89%
- 1M
- 13.39%
- YTD
- 39.25%
- 6M
- 40.66%
- 1Y
- 37.39%
- 3Y*
- 20.80%
- 5Y*
- 25.51%
- 10Y*
- 12.32%
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NNRG.NEO vs. IXC - Expense Ratio Comparison
NNRG.NEO has a 1.79% expense ratio, which is higher than IXC's 0.46% expense ratio.
Return for Risk
NNRG.NEO vs. IXC — Risk / Return Rank
NNRG.NEO
IXC
NNRG.NEO vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ninepoint Energy ETF (NNRG.NEO) and iShares Global Energy ETF (IXC). 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.
| NNRG.NEO | IXC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 1.72 | +0.32 |
Sortino ratioReturn per unit of downside risk | 2.48 | 2.11 | +0.37 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.32 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.78 | 2.06 | +0.73 |
Martin ratioReturn relative to average drawdown | 8.52 | 5.43 | +3.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NNRG.NEO | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 1.72 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.42 | +0.65 |
Correlation
The correlation between NNRG.NEO and IXC is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NNRG.NEO vs. IXC - Dividend Comparison
NNRG.NEO's dividend yield for the trailing twelve months is around 0.54%, less than IXC's 2.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NNRG.NEO Ninepoint Energy ETF | 0.54% | 0.37% | 0.39% | 0.38% | 9.08% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 2.68% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Drawdowns
NNRG.NEO vs. IXC - Drawdown Comparison
The maximum NNRG.NEO drawdown since its inception was -35.78%, smaller than the maximum IXC drawdown of -59.68%. Use the drawdown chart below to compare losses from any high point for NNRG.NEO and IXC.
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Drawdown Indicators
| NNRG.NEO | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.78% | -67.88% | +32.10% |
Max Drawdown (1Y)Largest decline over 1 year | -20.22% | -18.03% | -2.19% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.16% | — |
Current DrawdownCurrent decline from peak | -1.13% | -1.12% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -9.77% | -17.57% | +7.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.61% | 5.41% | +1.20% |
Volatility
NNRG.NEO vs. IXC - Volatility Comparison
Ninepoint Energy ETF (NNRG.NEO) has a higher volatility of 5.95% compared to iShares Global Energy ETF (IXC) at 4.85%. This indicates that NNRG.NEO's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NNRG.NEO | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 4.85% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 15.98% | 12.59% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.95% | 21.92% | +5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.47% | 21.08% | +13.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.47% | 24.11% | +10.36% |