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TTTX.TO vs. XMW.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TTTX.TO vs. XMW.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) and iShares MSCI Min Vol Global Index ETF (XMW.TO).

TTTX.TO and XMW.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TTTX.TO is a passively managed fund by Global X that tracks the performance of the Mirae Asset Global Innovative Bluechip Top 10 Index. It was launched on May 14, 2024. XMW.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jul 24, 2012. Both TTTX.TO and XMW.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

TTTX.TO vs. XMW.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) and iShares MSCI Min Vol Global Index ETF (XMW.TO). The values are adjusted to include any dividend payments, if applicable.

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TTTX.TO vs. XMW.TO - Yearly Performance Comparison

2026 (YTD)20252024
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF		-5.40%18.31%21.44%
XMW.TO
iShares MSCI Min Vol Global Index ETF		1.55%5.84%10.26%

Returns By Period

In the year-to-date period, TTTX.TO achieves a -5.40% return, which is significantly lower than XMW.TO's 1.55% return.

TTTX.TO

1D
3.50%
1M
-0.47%
YTD
-5.40%
6M
-2.07%
1Y
22.21%
3Y*
—
5Y*
—
10Y*
—

XMW.TO

1D
0.22%
1M
-2.50%
YTD
1.55%
6M
-0.12%
1Y
1.19%
3Y*
10.10%
5Y*
7.62%
10Y*
7.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Global X Innovative Bluechip Top 10 Index ETF

iShares MSCI Min Vol Global Index ETF

Often compared with TTTX.TO:
TTTX.TO vs. HDIV.TOTTTX.TO vs. AIGO.TOTTTX.TO vs. TEC.TOTTTX.TO vs. URATTTX.TO vs. TINF.TOTTTX.TO vs. XML.TOTTTX.TO vs. BREA.TO
Often compared with XMW.TO:
XMW.TO vs. ZLB.TOXMW.TO vs. ACWVXMW.TO vs. XMV.TOXMW.TO vs. XEF.TOXMW.TO vs. XEQT.TOXMW.TO vs. XDIV.TOXMW.TO vs. XMU.TO

TTTX.TO vs. XMW.TO - Expense Ratio Comparison

TTTX.TO has a 0.60% expense ratio, which is higher than XMW.TO's 0.48% expense ratio.

TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF
XMW.TO
iShares MSCI Min Vol Global Index ETF

Return for Risk

TTTX.TO vs. XMW.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TTTX.TO
TTTX.TO Risk / Return Rank: 5454
Overall Rank
TTTX.TO Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
TTTX.TO Sortino Ratio Rank: 5757
Sortino Ratio Rank
TTTX.TO Omega Ratio Rank: 5757
Omega Ratio Rank
TTTX.TO Calmar Ratio Rank: 5656
Calmar Ratio Rank
TTTX.TO Martin Ratio Rank: 4747
Martin Ratio Rank
XMW.TO
XMW.TO Risk / Return Rank: 1313
Overall Rank
XMW.TO Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
XMW.TO Sortino Ratio Rank: 1313
Sortino Ratio Rank
XMW.TO Omega Ratio Rank: 1313
Omega Ratio Rank
XMW.TO Calmar Ratio Rank: 1313
Calmar Ratio Rank
XMW.TO Martin Ratio Rank: 1313
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.

TTTX.TO vs. XMW.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) and iShares MSCI Min Vol Global Index ETF (XMW.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.

TTTX.TOXMW.TODifference

Sharpe ratio

Return per unit of total volatility

1.00

0.12

+0.88

Sortino ratio

Return per unit of downside risk

1.56

0.22

+1.33

Omega ratio

Gain probability vs. loss probability

1.22

1.03

+0.19

Calmar ratio

Return relative to maximum drawdown

1.63

0.06

+1.57

Martin ratio

Return relative to average drawdown

5.15

0.20

+4.95

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

TTTX.TO vs. XMW.TO - Sharpe Ratio Comparison

The current TTTX.TO Sharpe Ratio is 1.00, which is higher than the XMW.TO Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of TTTX.TO and XMW.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.

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Sharpe Ratios by Period

TTTX.TOXMW.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.12

+0.88

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.88

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.67

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.94

-0.09

Correlation

The correlation between TTTX.TO and XMW.TO is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

TTTX.TO vs. XMW.TO - Dividend Comparison

TTTX.TO's dividend yield for the trailing twelve months is around 0.11%, less than XMW.TO's 1.55% yield.

TTM20252024202320222021202020192018201720162015
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF		0.11%0.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XMW.TO
iShares MSCI Min Vol Global Index ETF		1.55%1.58%1.81%1.98%1.66%1.43%1.52%2.20%2.01%1.61%2.02%1.85%

Drawdowns

TTTX.TO vs. XMW.TO - Drawdown Comparison

The maximum TTTX.TO drawdown since its inception was -23.27%, which is greater than XMW.TO's maximum drawdown of -21.42%. Use the drawdown chart below to compare losses from any high point for TTTX.TO and XMW.TO.

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Drawdown Indicators

TTTX.TOXMW.TODifference

Max Drawdown

Largest peak-to-trough decline

-23.27%

-21.42%

-1.85%

Max Drawdown (1Y)

Largest decline over 1 year

-13.59%

-8.10%

-5.49%

Max Drawdown (5Y)

Largest decline over 5 years

—

-14.45%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-21.42%

—

Current Drawdown

Current decline from peak

-8.58%

-2.55%

-6.03%

Average Drawdown

Average peak-to-trough decline

-4.43%

-2.75%

-1.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.39%

2.49%

+1.90%

Volatility

TTTX.TO vs. XMW.TO - Volatility Comparison

Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) has a higher volatility of 6.80% compared to iShares MSCI Min Vol Global Index ETF (XMW.TO) at 3.27%. This indicates that TTTX.TO's price experiences larger fluctuations and is considered to be riskier than XMW.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TTTX.TOXMW.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.80%

3.27%

+3.53%

Volatility (6M)

Calculated over the trailing 6-month period

12.70%

5.83%

+6.87%

Volatility (1Y)

Calculated over the trailing 1-year period

22.35%

10.07%

+12.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.11%

8.75%

+12.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.11%

11.08%

+10.03%