SDG vs. XCSR.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Global Sustainable Development Goals ETF (SDG) and iShares ESG Advanced MSCI Canada Index ETF (XCSR.TO).

SDG and XCSR.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDG is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Sustainable Development Index. It was launched on Apr 20, 2016. XCSR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Apr 15, 2020. Both SDG and XCSR.TO 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

SDG vs. XCSR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Sustainable Development Goals ETF (SDG) and iShares ESG Advanced MSCI Canada Index ETF (XCSR.TO). The values are adjusted to include any dividend payments, if applicable.

SDG vs. XCSR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SDG iShares MSCI Global Sustainable Development Goals ETF	-0.32%	20.19%	-10.09%	4.59%	-11.51%	-1.20%	55.55%
XCSR.TO iShares ESG Advanced MSCI Canada Index ETF	-4.21%	41.83%	13.53%	17.80%	-20.13%	23.21%	5,028.12%

Different Trading Currencies

SDG is traded in USD, while XCSR.TO is traded in CAD. To make them comparable, the XCSR.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SDG achieves a -0.32% return, which is significantly higher than XCSR.TO's -4.21% return.

SDG

• 1D: 3.01%
• 1M: -3.35%
• YTD: -0.32%
• 6M: 1.93%
• 1Y: 18.43%
• 3Y*: 3.93%
• 5Y*: -0.71%
• 10Y*: —

XCSR.TO

• 1D: 3.76%
• 1M: -7.57%
• YTD: -4.21%
• 6M: 2.51%
• 1Y: 34.09%
• 3Y*: 19.51%
• 5Y*: 10.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDG vs. XCSR.TO - Expense Ratio Comparison

SDG has a 0.50% expense ratio, which is higher than XCSR.TO's 0.17% expense ratio.

SDG

iShares MSCI Global Sustainable Development Goals ETF

XCSR.TO

iShares ESG Advanced MSCI Canada Index ETF

Return for Risk

SDG vs. XCSR.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDG

SDG Risk / Return Rank: 66
SDG Sharpe Ratio Rank: 65
SDG Sortino Ratio Rank: 65
SDG Omega Ratio Rank: 63
SDG Calmar Ratio Rank: 70
SDG Martin Ratio Rank: 69

XCSR.TO

XCSR.TO Risk / Return Rank: 88
XCSR.TO Sharpe Ratio Rank: 88
XCSR.TO Sortino Ratio Rank: 88
XCSR.TO Omega Ratio Rank: 87
XCSR.TO Calmar Ratio Rank: 88
XCSR.TO Martin Ratio Rank: 89

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.

SDG vs. XCSR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Sustainable Development Goals ETF (SDG) and iShares ESG Advanced MSCI Canada Index ETF (XCSR.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.

	SDG	XCSR.TO	Difference
Sharpe ratio Return per unit of total volatility	1.13	1.87	-0.75
Sortino ratio Return per unit of downside risk	1.64	2.52	-0.88
Omega ratio Gain probability vs. loss probability	1.23	1.36	-0.13
Calmar ratio Return relative to maximum drawdown	1.77	2.90	-1.13
Martin ratio Return relative to average drawdown	6.92	11.80	-4.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDG vs. XCSR.TO - Sharpe Ratio Comparison

The current SDG Sharpe Ratio is 1.13, which is lower than the XCSR.TO Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of SDG and XCSR.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SDG	XCSR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	1.87	-0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	0.59	-0.64
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.08	+0.38

Correlation

The correlation between SDG and XCSR.TO is 0.69, 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.

Dividends

SDG vs. XCSR.TO - Dividend Comparison

SDG's dividend yield for the trailing twelve months is around 2.00%, more than XCSR.TO's 1.81% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SDG iShares MSCI Global Sustainable Development Goals ETF	2.00%	2.00%	1.95%	1.77%	1.82%	1.66%	0.97%	1.39%	2.47%	2.54%	1.34%
XCSR.TO iShares ESG Advanced MSCI Canada Index ETF	1.81%	1.73%	2.20%	2.61%	2.78%	1.53%	0.81%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SDG vs. XCSR.TO - Drawdown Comparison

The maximum SDG drawdown since its inception was -30.35%, roughly equal to the maximum XCSR.TO drawdown of -30.65%. Use the drawdown chart below to compare losses from any high point for SDG and XCSR.TO.

Drawdown Indicators

	SDG	XCSR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.35%	-23.56%	-6.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.98%	-11.12%	+1.14%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-23.56%	-6.79%
Current Drawdown Current decline from peak	-9.06%	-7.02%	-2.04%
Average Drawdown Average peak-to-trough decline	-9.77%	-5.21%	-4.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.82%	-0.26%

Volatility

SDG vs. XCSR.TO - Volatility Comparison

The current volatility for iShares MSCI Global Sustainable Development Goals ETF (SDG) is 7.01%, while iShares ESG Advanced MSCI Canada Index ETF (XCSR.TO) has a volatility of 7.44%. This indicates that SDG experiences smaller price fluctuations and is considered to be less risky than XCSR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDG	XCSR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.01%	7.44%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	13.76%	-2.98%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	18.27%	-1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.49%	17.46%	-1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	1,396.96%	-1,380.30%