NSCE.TO vs. WSRI.TO
NSCE.TO (NBI Sustainable Canadian Equity ETF) and WSRI.TO (Wealthsimple North America Socially Responsible Index ETF) are both Sustainable funds. Both are actively managed. Over the past 5 years, NSCE.TO returned 11.12%/yr vs 10.55%/yr for WSRI.TO. At a 0.38 correlation, their price movements are largely independent.
Performance
NSCE.TO vs. WSRI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NSCE.TO achieves a 9.91% return, which is significantly higher than WSRI.TO's 5.79% return.
NSCE.TO
- 1D
- 0.46%
- 1M
- 3.11%
- 6M
- 10.32%
- YTD
- 9.91%
- 1Y
- 4.34%
- 3Y*
- 13.96%
- 5Y*
- 11.12%
- 10Y*
- —
WSRI.TO
- 1D
- -0.88%
- 1M
- 1.07%
- 6M
- 1.95%
- YTD
- 5.79%
- 1Y
- 14.69%
- 3Y*
- 13.97%
- 5Y*
- 10.55%
- 10Y*
- —
NSCE.TO vs. WSRI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NSCE.TO NBI Sustainable Canadian Equity ETF | 9.91% | 7.84% | 20.43% | 12.78% | -0.27% | 20.35% | 12.38% |
WSRI.TO Wealthsimple North America Socially Responsible Index ETF | 5.79% | 12.29% | 19.17% | 13.01% | -5.87% | 25.13% | 15.30% |
Correlation
The correlation between NSCE.TO and WSRI.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2020 | 0.38 |
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Return for Risk
NSCE.TO vs. WSRI.TO — Risk / Return Rank
NSCE.TO
WSRI.TO
NSCE.TO vs. WSRI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NBI Sustainable Canadian Equity ETF (NSCE.TO) and Wealthsimple North America Socially Responsible Index ETF (WSRI.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.
| NSCE.TO | WSRI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.25 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 1.54 | -1.08 |
| Martin ratioReturn relative to average drawdown | 1.01 | 4.74 | -3.73 |
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Drawdowns
NSCE.TO vs. WSRI.TO - Drawdown Comparison
The maximum NSCE.TO drawdown since its inception was -19.18%, smaller than the maximum WSRI.TO drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for NSCE.TO and WSRI.TO.
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Drawdown Indicators
| NSCE.TO | WSRI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.18% | -20.32% | +1.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.52% | -9.58% | +0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -9.52% | -11.13% | +1.61% |
Max Drawdown (5Y)Largest decline over 5 years | -12.02% | -20.32% | +8.30% |
Current DrawdownCurrent decline from peak | -0.02% | -2.37% | +2.35% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -3.19% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 3.11% | +1.19% |
Volatility
NSCE.TO vs. WSRI.TO - Volatility Comparison
The current volatility for NBI Sustainable Canadian Equity ETF (NSCE.TO) is 2.02%, while Wealthsimple North America Socially Responsible Index ETF (WSRI.TO) has a volatility of 3.13%. This indicates that NSCE.TO experiences smaller price fluctuations and is considered to be less risky than WSRI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NSCE.TO | WSRI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.02% | 3.13% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.17% | 8.09% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 10.58% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.90% | 11.90% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.87% | 11.95% | +2.92% |
Dividends
NSCE.TO vs. WSRI.TO - Dividend Comparison
NSCE.TO's dividend yield for the trailing twelve months is around 0.93%, less than WSRI.TO's 1.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NSCE.TO NBI Sustainable Canadian Equity ETF | 0.93% | 0.89% | 1.00% | 1.14% | 0.90% | 1.06% | 0.69% |
WSRI.TO Wealthsimple North America Socially Responsible Index ETF | 1.31% | 1.25% | 1.30% | 1.38% | 1.21% | 0.82% | 0.38% |
Frequently Asked Questions
NSCE.TO and WSRI.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: National Bank Investments and Wealthsimple.
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