PRA.TO vs. XBAL.TO
Compare and contrast key facts about Purpose Diversified Real Asset Fund (PRA.TO) and iShares Core Balanced ETF Portfolio (XBAL.TO).
PRA.TO and XBAL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBAL.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRA.TO or XBAL.TO.
Correlation
The correlation between PRA.TO and XBAL.TO is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRA.TO vs. XBAL.TO - Performance Comparison
Key characteristics
PRA.TO:
2.00
XBAL.TO:
2.48
PRA.TO:
2.97
XBAL.TO:
3.53
PRA.TO:
1.37
XBAL.TO:
1.47
PRA.TO:
1.75
XBAL.TO:
4.76
PRA.TO:
9.50
XBAL.TO:
16.97
PRA.TO:
2.18%
XBAL.TO:
0.99%
PRA.TO:
10.35%
XBAL.TO:
6.79%
PRA.TO:
-34.44%
XBAL.TO:
-28.78%
PRA.TO:
-0.86%
XBAL.TO:
-0.85%
Returns By Period
In the year-to-date period, PRA.TO achieves a 6.61% return, which is significantly higher than XBAL.TO's 2.28% return. Over the past 10 years, PRA.TO has outperformed XBAL.TO with an annualized return of 6.41%, while XBAL.TO has yielded a comparatively lower 6.02% annualized return.
PRA.TO
6.61%
2.92%
10.59%
22.72%
12.40%
6.41%
XBAL.TO
2.28%
3.34%
8.44%
17.91%
6.97%
6.02%
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PRA.TO vs. XBAL.TO - Expense Ratio Comparison
Risk-Adjusted Performance
PRA.TO vs. XBAL.TO — Risk-Adjusted Performance Rank
PRA.TO
XBAL.TO
PRA.TO vs. XBAL.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Diversified Real Asset Fund (PRA.TO) and iShares Core Balanced ETF Portfolio (XBAL.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
PRA.TO vs. XBAL.TO - Dividend Comparison
PRA.TO's dividend yield for the trailing twelve months is around 3.48%, more than XBAL.TO's 2.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRA.TO Purpose Diversified Real Asset Fund | 3.48% | 2.95% | 3.12% | 1.93% | 1.25% | 1.52% | 1.57% | 1.77% | 1.55% | 1.64% | 2.09% | 2.26% |
XBAL.TO iShares Core Balanced ETF Portfolio | 2.66% | 2.72% | 2.43% | 2.12% | 1.77% | 2.02% | 2.30% | 3.44% | 2.97% | 3.69% | 3.34% | 6.60% |
Drawdowns
PRA.TO vs. XBAL.TO - Drawdown Comparison
The maximum PRA.TO drawdown since its inception was -34.44%, which is greater than XBAL.TO's maximum drawdown of -28.78%. Use the drawdown chart below to compare losses from any high point for PRA.TO and XBAL.TO. For additional features, visit the drawdowns tool.
Volatility
PRA.TO vs. XBAL.TO - Volatility Comparison
Purpose Diversified Real Asset Fund (PRA.TO) has a higher volatility of 4.09% compared to iShares Core Balanced ETF Portfolio (XBAL.TO) at 2.27%. This indicates that PRA.TO's price experiences larger fluctuations and is considered to be riskier than XBAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.