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PLZ-UN.TO vs. XEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PLZ-UN.TO vs. XEQT.TO

Last updated Jun 5, 2026

PLZ-UN.TO (Plaza Retail REIT) is a stock, while XEQT.TO (iShares Core Equity ETF Portfolio) is Global Equities fund actively managed by iShares. Over the past 5 years, PLZ-UN.TO returned 6.89%/yr vs 13.90%/yr for XEQT.TO. At a 0.31 correlation, their price movements are largely independent.

Performance

PLZ-UN.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Plaza Retail REIT (PLZ-UN.TO) and iShares Core Equity ETF Portfolio (XEQT.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, PLZ-UN.TO achieves a 6.30% return, which is significantly lower than XEQT.TO's 13.22% return.

PLZ-UN.TO

1D
0.00%
1M
0.52%
YTD
6.30%
6M
11.29%
1Y
23.23%
3Y*
11.17%
5Y*
6.89%
10Y*
5.98%

XEQT.TO

1D
0.83%
1M
6.02%
YTD
13.22%
6M
11.68%
1Y
30.42%
3Y*
22.22%
5Y*
13.90%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLZ-UN.TO vs. XEQT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
PLZ-UN.TO
Plaza Retail REIT		6.30%30.09%3.87%-11.82%1.15%39.55%-14.33%12.24%
XEQT.TO
iShares Core Equity ETF Portfolio		13.22%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%

Correlation

The correlation between PLZ-UN.TO and XEQT.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.25

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

0.28

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

0.32

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.31

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Plaza Retail REIT

iShares Core Equity ETF Portfolio

Often compared with PLZ-UN.TO:
PLZ-UN.TO vs. CSH-UN.TOPLZ-UN.TO vs. AP-UN.TOPLZ-UN.TO vs. CHP-UN.TOPLZ-UN.TO vs. CNR.TOPLZ-UN.TO vs. REI-UN.TOPLZ-UN.TO vs. CAR-UN.TOPLZ-UN.TO vs. SRU-UN.TO
Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. VOO

Return for Risk

PLZ-UN.TO vs. XEQT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PLZ-UN.TO
PLZ-UN.TO Risk / Return Rank: 8383
Overall Rank
PLZ-UN.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
PLZ-UN.TO Sortino Ratio Rank: 8282
Sortino Ratio Rank
PLZ-UN.TO Omega Ratio Rank: 8282
Omega Ratio Rank
PLZ-UN.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
PLZ-UN.TO Martin Ratio Rank: 8585
Martin Ratio Rank
XEQT.TO
XEQT.TO Risk / Return Rank: 8080
Overall Rank
XEQT.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 8282
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 7575
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 8282
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.

PLZ-UN.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Plaza Retail REIT (PLZ-UN.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.

PLZ-UN.TOXEQT.TODifference
Sharpe ratioReturn per unit of total volatility
1.67
2.62

-0.95

Sortino ratioReturn per unit of downside risk
2.43
3.61

-1.18

Omega ratioGain probability vs. loss probability

1.32

1.48

-0.16

Calmar ratioReturn relative to maximum drawdown

3.12

3.70

-0.59

Martin ratioReturn relative to average drawdown

8.76

16.13

-7.38

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLZ-UN.TO vs. XEQT.TO - Sharpe Ratio Comparison

The current PLZ-UN.TO Sharpe Ratio is 1.67, which is lower than the XEQT.TO Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of PLZ-UN.TO and XEQT.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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Sharpe Ratios by Period

PLZ-UN.TOXEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.67

2.62

-0.95

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

1.07

-0.67

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.96

-0.67

Drawdowns

PLZ-UN.TO vs. XEQT.TO - Drawdown Comparison

The maximum PLZ-UN.TO drawdown since its inception was -54.55%, 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 PLZ-UN.TO and XEQT.TO.

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Drawdown Indicators

PLZ-UN.TOXEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-54.55%

-29.74%

-24.81%

Max Drawdown (1Y)

Largest decline over 1 year

-7.49%

-8.25%

+0.76%

Max Drawdown (3Y)

Largest decline over 3 years

-12.80%

-15.08%

+2.28%

Max Drawdown (5Y)

Largest decline over 5 years

-26.22%

-19.56%

-6.66%

Max Drawdown (10Y)

Largest decline over 10 years

-42.12%

—

—

Current Drawdown

Current decline from peak

-1.11%

0.00%

-1.11%

Average Drawdown

Average peak-to-trough decline

-12.96%

-4.11%

-8.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.66%

1.89%

+0.77%

Volatility

PLZ-UN.TO vs. XEQT.TO - Volatility Comparison

The current volatility for Plaza Retail REIT (PLZ-UN.TO) is 2.40%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 3.70%. This indicates that PLZ-UN.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PLZ-UN.TOXEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.40%

3.70%

-1.30%

Volatility (6M)

Calculated over the trailing 6-month period

10.43%

9.41%

+1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

13.96%

11.65%

+2.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.70%

13.13%

+4.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.04%

15.56%

+4.48%

Dividends

PLZ-UN.TO vs. XEQT.TO - Dividend Comparison

PLZ-UN.TO's dividend yield for the trailing twelve months is around 6.31%, more than XEQT.TO's 1.47% yield.

PositionTTM20252024202320222021202020192018201720162015
PLZ-UN.TO
Plaza Retail REIT		6.31%6.53%7.91%7.61%6.25%5.93%7.76%6.13%7.21%6.34%5.20%5.64%
XEQT.TO
iShares Core Equity ETF Portfolio		1.47%1.66%2.01%2.07%2.12%1.64%1.66%1.19%0.00%0.00%0.00%0.00%

Frequently Asked Questions

PLZ-UN.TO and XEQT.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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