PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
TCL-A.TO vs. XFN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TCL-A.TO vs. XFN.TO

Last updated Jun 5, 2026

TCL-A.TO (Transcontinental Inc) is a stock, while XFN.TO (iShares S&P/TSX Capped Financials Index ETF) is Financials Equities fund tracking the Morningstar Gbl Fin Svc GR CAD. Over the past 10 years, TCL-A.TO returned 10.92%/yr vs 14.55%/yr for XFN.TO. At a 0.25 correlation, their price movements are largely independent.

Performance

TCL-A.TO vs. XFN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Transcontinental Inc (TCL-A.TO) and iShares S&P/TSX Capped Financials Index ETF (XFN.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, TCL-A.TO achieves a 45.94% return, which is significantly higher than XFN.TO's 14.37% return. Over the past 10 years, TCL-A.TO has underperformed XFN.TO with an annualized return of 10.92%, while XFN.TO has yielded a comparatively higher 14.55% annualized return.

TCL-A.TO

1D
-9.77%
1M
-16.04%
YTD
45.94%
6M
65.63%
1Y
59.25%
3Y*
41.15%
5Y*
15.10%
10Y*
10.92%

XFN.TO

1D
1.65%
1M
6.06%
YTD
14.37%
6M
17.93%
1Y
44.29%
3Y*
30.83%
5Y*
17.31%
10Y*
14.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TCL-A.TO vs. XFN.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TCL-A.TO
Transcontinental Inc		45.94%35.45%43.88%-4.15%-20.69%3.26%37.35%-13.30%-19.77%14.61%
XFN.TO
iShares S&P/TSX Capped Financials Index ETF		14.37%34.40%29.32%13.09%-9.92%35.57%0.99%20.66%-9.76%12.54%

Correlation

The correlation between TCL-A.TO and XFN.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.18

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

0.27

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

0.37

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

0.33

Correlation (All Time)
Calculated using the full available price history since Mar 30, 2001

0.25

The correlation between TCL-A.TO and XFN.TO shifts across timeframes, from 0.18 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

Transcontinental Inc

iShares S&P/TSX Capped Financials Index ETF

Often compared with TCL-A.TO:
TCL-A.TO vs. CLSTCL-A.TO vs. T.TOTCL-A.TO vs. WCN.TOTCL-A.TO vs. TUTCL-A.TO vs. SPY
Often compared with XFN.TO:
XFN.TO vs. VDY.TOXFN.TO vs. FIE.TOXFN.TO vs. XIU.TOXFN.TO vs. CEW.TOXFN.TO vs. VFV.TOXFN.TO vs. RY.TOXFN.TO vs. XUS-U.TO

Return for Risk

TCL-A.TO vs. XFN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TCL-A.TO
TCL-A.TO Risk / Return Rank: 8484
Overall Rank
TCL-A.TO Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
TCL-A.TO Sortino Ratio Rank: 9292
Sortino Ratio Rank
TCL-A.TO Omega Ratio Rank: 9191
Omega Ratio Rank
TCL-A.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
TCL-A.TO Martin Ratio Rank: 8585
Martin Ratio Rank
XFN.TO
XFN.TO Risk / Return Rank: 9393
Overall Rank
XFN.TO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
XFN.TO Sortino Ratio Rank: 9595
Sortino Ratio Rank
XFN.TO Omega Ratio Rank: 9393
Omega Ratio Rank
XFN.TO Calmar Ratio Rank: 9090
Calmar Ratio Rank
XFN.TO Martin Ratio Rank: 9292
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.

TCL-A.TO vs. XFN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transcontinental Inc (TCL-A.TO) and iShares S&P/TSX Capped Financials Index ETF (XFN.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.

TCL-A.TOXFN.TODifference
Sharpe ratioReturn per unit of total volatility
1.12
3.66

-2.54

Sortino ratioReturn per unit of downside risk
3.48
5.12

-1.65

Omega ratioGain probability vs. loss probability

1.46

1.65

-0.20

Calmar ratioReturn relative to maximum drawdown

2.66

5.71

-3.05

Martin ratioReturn relative to average drawdown

8.68

23.04

-14.35

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

TCL-A.TO vs. XFN.TO - Sharpe Ratio Comparison

The current TCL-A.TO Sharpe Ratio is 1.12, which is lower than the XFN.TO Sharpe Ratio of 3.66. The chart below compares the historical Sharpe Ratios of TCL-A.TO and XFN.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.

Loading charts...

Sharpe Ratios by Period

TCL-A.TOXFN.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

3.66

-2.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

1.29

-0.86

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.32

0.88

-0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.64

-0.32

Drawdowns

TCL-A.TO vs. XFN.TO - Drawdown Comparison

The maximum TCL-A.TO drawdown since its inception was -78.84%, which is greater than XFN.TO's maximum drawdown of -56.55%. Use the drawdown chart below to compare losses from any high point for TCL-A.TO and XFN.TO.

Loading charts...

Drawdown Indicators

TCL-A.TOXFN.TODifference

Max Drawdown

Largest peak-to-trough decline

-78.84%

-56.55%

-22.29%

Max Drawdown (1Y)

Largest decline over 1 year

-22.41%

-7.80%

-14.61%

Max Drawdown (3Y)

Largest decline over 3 years

-29.03%

-12.37%

-16.66%

Max Drawdown (5Y)

Largest decline over 5 years

-55.10%

-21.90%

-33.20%

Max Drawdown (10Y)

Largest decline over 10 years

-67.34%

-39.93%

-27.41%

Current Drawdown

Current decline from peak

-22.41%

0.00%

-22.41%

Average Drawdown

Average peak-to-trough decline

-24.27%

-6.60%

-17.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.84%

1.93%

+4.91%

Volatility

TCL-A.TO vs. XFN.TO - Volatility Comparison

Transcontinental Inc (TCL-A.TO) has a higher volatility of 11.14% compared to iShares S&P/TSX Capped Financials Index ETF (XFN.TO) at 4.40%. This indicates that TCL-A.TO's price experiences larger fluctuations and is considered to be riskier than XFN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

TCL-A.TOXFN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.14%

4.40%

+6.74%

Volatility (6M)

Calculated over the trailing 6-month period

45.54%

10.20%

+35.34%

Volatility (1Y)

Calculated over the trailing 1-year period

53.42%

12.17%

+41.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.08%

13.49%

+21.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.49%

16.54%

+17.95%

Dividends

TCL-A.TO vs. XFN.TO - Dividend Comparison

TCL-A.TO's dividend yield for the trailing twelve months is around 438.96%, more than XFN.TO's 2.13% yield.

PositionTTM20252024202320222021202020192018201720162015
TCL-A.TO
Transcontinental Inc		438.96%8.36%4.85%6.57%5.89%4.43%4.36%5.48%4.30%2.42%3.33%4.74%
XFN.TO
iShares S&P/TSX Capped Financials Index ETF		2.13%2.39%3.16%3.60%3.48%2.67%3.35%3.00%3.43%2.73%2.83%3.17%

Frequently Asked Questions

TCL-A.TO and XFN.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for TCL-A.TO and XFN.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer