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ONEQ.TO vs. XFH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ONEQ.TO vs. XFH.TO

Last updated Jul 18, 2026
Documentation

ONEQ.TO (CI Global Core Plus Equity ETF) and XFH.TO (iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)) are both Global Equities funds. ONEQ.TO is actively managed, while XFH.TO is passively managed. Over the past 10 years, ONEQ.TO returned 11.86%/yr vs 10.50%/yr for XFH.TO. At a 0.36 correlation, their price movements are largely independent.

Performance

ONEQ.TO vs. XFH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Global Core Plus Equity ETF (ONEQ.TO) and iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) (XFH.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ONEQ.TO achieves a 13.96% return, which is significantly higher than XFH.TO's 11.26% return. Over the past 10 years, ONEQ.TO has outperformed XFH.TO with an annualized return of 11.86%, while XFH.TO has yielded a comparatively lower 10.50% annualized return.

ONEQ.TO

1D
-1.11%
1M
0.37%
6M
9.99%
YTD
13.96%
1Y
25.20%
3Y*
20.30%
5Y*
13.10%
10Y*
11.86%

XFH.TO

1D
-0.48%
1M
-0.06%
6M
6.30%
YTD
11.26%
1Y
23.01%
3Y*
16.91%
5Y*
10.91%
10Y*
10.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ONEQ.TO vs. XFH.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ONEQ.TO
CI Global Core Plus Equity ETF		13.96%17.62%22.45%19.07%-10.74%21.65%8.21%22.22%-10.36%13.10%
XFH.TO
iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)		11.26%21.68%12.60%18.31%-6.58%12.30%0.97%23.27%-10.81%17.68%

Correlation

The correlation between ONEQ.TO and XFH.TO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Oct 6, 2015

0.36

ONEQ.TO vs. XFH.TO - Sectors Allocation Comparison

Sectors
ONEQ.TO
XFH.TO

Technology

30.9%
11.3%

Financial Services

14.3%
22.6%

Energy

9.8%
3.7%

Industrials

9.8%
20.3%

Consumer Cyclical

7.1%
8.3%

Communication Services

6.5%
4.7%

Basic Materials

6.0%
6.8%

Healthcare

5.4%
9.6%

Consumer Defensive

5.2%
6.3%

Real Estate

3.0%
2.9%

Utilities

2.1%
3.6%

Technology

ONEQ.TO
30.9%
XFH.TO
11.3%

Financial Services

ONEQ.TO
14.3%
XFH.TO
22.6%

Energy

ONEQ.TO
9.8%
XFH.TO
3.7%

Industrials

ONEQ.TO
9.8%
XFH.TO
20.3%

Consumer Cyclical

ONEQ.TO
7.1%
XFH.TO
8.3%

Communication Services

ONEQ.TO
6.5%
XFH.TO
4.7%

Basic Materials

ONEQ.TO
6.0%
XFH.TO
6.8%

Healthcare

ONEQ.TO
5.4%
XFH.TO
9.6%

Consumer Defensive

ONEQ.TO
5.2%
XFH.TO
6.3%

Real Estate

ONEQ.TO
3.0%
XFH.TO
2.9%

Utilities

ONEQ.TO
2.1%
XFH.TO
3.6%

Compare stocks, funds, or ETFs

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CI Global Core Plus Equity ETF

iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)

Often compared with ONEQ.TO:
ONEQ.TO vs. VDU.TOONEQ.TO vs. XML.TOONEQ.TO vs. VVO.TOONEQ.TO vs. ESGG.TOONEQ.TO vs. GEQT.TOONEQ.TO vs. VMO.TOONEQ.TO vs. CEQT.TO
Often compared with XFH.TO:
XFH.TO vs. XEF.TOXFH.TO vs. XIN.TOXFH.TO vs. XLCXFH.TO vs. VIU.TOXFH.TO vs. QQC.TOXFH.TO vs. VEQT.TOXFH.TO vs. VOO

Return for Risk

ONEQ.TO vs. XFH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ONEQ.TO
ONEQ.TO Risk / Return Rank: 8888
Overall Rank
ONEQ.TO Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
ONEQ.TO Sortino Ratio Rank: 8787
Sortino Ratio Rank
ONEQ.TO Omega Ratio Rank: 8888
Omega Ratio Rank
ONEQ.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
ONEQ.TO Martin Ratio Rank: 9292
Martin Ratio Rank
XFH.TO
XFH.TO Risk / Return Rank: 7070
Overall Rank
XFH.TO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
XFH.TO Sortino Ratio Rank: 7373
Sortino Ratio Rank
XFH.TO Omega Ratio Rank: 7474
Omega Ratio Rank
XFH.TO Calmar Ratio Rank: 6161
Calmar Ratio Rank
XFH.TO Martin Ratio Rank: 7070
Martin Ratio Rank
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.

ONEQ.TO vs. XFH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Global Core Plus Equity ETF (ONEQ.TO) and iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) (XFH.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.

ONEQ.TOXFH.TODifference
Sharpe ratioReturn per unit of total volatility
2.11
1.84

+0.27

Sortino ratioReturn per unit of downside risk
3.08
2.61

+0.46

Omega ratioGain probability vs. loss probability

1.42

1.35

+0.08

Calmar ratioReturn relative to maximum drawdown

3.80

2.40

+1.40

Martin ratioReturn relative to average drawdown

16.75

9.78

+6.97

ONEQ.TO vs. XFH.TO - Sharpe Ratio Comparison

The current ONEQ.TO Sharpe Ratio is 2.11, which is comparable to the XFH.TO Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of ONEQ.TO and XFH.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.

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Drawdowns

ONEQ.TO vs. XFH.TO - Drawdown Comparison

The maximum ONEQ.TO drawdown since its inception was -34.40%, roughly equal to the maximum XFH.TO drawdown of -33.85%. Use the drawdown chart below to compare losses from any high point for ONEQ.TO and XFH.TO.

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Drawdown Indicators

ONEQ.TOXFH.TODifference

Max Drawdown

Largest peak-to-trough decline

-34.40%

-33.85%

-0.55%

Max Drawdown (1Y)

Largest decline over 1 year

-6.66%

-9.64%

+2.98%

Max Drawdown (3Y)

Largest decline over 3 years

-16.08%

-14.14%

-1.94%

Max Drawdown (5Y)

Largest decline over 5 years

-17.61%

-20.52%

+2.91%

Max Drawdown (10Y)

Largest decline over 10 years

-34.40%

-33.85%

-0.55%

Current Drawdown

Current decline from peak

-1.20%

-2.09%

+0.89%

Average Drawdown

Average peak-to-trough decline

-3.69%

-6.05%

+2.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.51%

2.36%

-0.85%

Volatility

ONEQ.TO vs. XFH.TO - Volatility Comparison

The current volatility for CI Global Core Plus Equity ETF (ONEQ.TO) is 2.83%, while iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged) (XFH.TO) has a volatility of 3.11%. This indicates that ONEQ.TO experiences smaller price fluctuations and is considered to be less risky than XFH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ONEQ.TOXFH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.83%

3.11%

-0.28%

Volatility (6M)

Calculated over the trailing 6-month period

9.93%

10.63%

-0.70%

Volatility (1Y)

Calculated over the trailing 1-year period

12.03%

12.57%

-0.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.29%

14.05%

-0.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.91%

15.91%

-2.00%

Dividends

ONEQ.TO vs. XFH.TO - Dividend Comparison

ONEQ.TO's dividend yield for the trailing twelve months is around 1.60%, less than XFH.TO's 2.12% yield.

PositionTTM20252024202320222021202020192018201720162015
ONEQ.TO
CI Global Core Plus Equity ETF		1.60%1.60%1.05%1.53%1.38%0.89%1.22%1.39%0.94%1.03%1.22%0.00%
XFH.TO
iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)		2.12%2.16%2.47%2.93%2.93%2.38%1.85%2.60%2.86%2.26%2.17%2.62%

Frequently Asked Questions

ONEQ.TO and XFH.TO have a correlation of 0.30, 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: CI and iShares.

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