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UTIL.TO vs. HXT.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

UTIL.TO vs. HXT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO).

UTIL.TO and HXT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTIL.TO is a passively managed fund by Global X that tracks the performance of the Mirae Asset Equal Weight Canadian Utilities Index. It was launched on Aug 9, 2022. HXT.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 14, 2010. Both UTIL.TO and HXT.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

UTIL.TO vs. HXT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). The values are adjusted to include any dividend payments, if applicable.

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UTIL.TO vs. HXT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022
UTIL.TO
Global X Equal Weight Canadian Utilities Index ETF		11.63%19.08%8.82%-1.83%-11.79%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		2.91%28.74%20.94%12.02%-1.22%

Returns By Period

In the year-to-date period, UTIL.TO achieves a 11.63% return, which is significantly higher than HXT.TO's 2.91% return.

UTIL.TO

1D
0.37%
1M
0.93%
YTD
11.63%
6M
13.43%
1Y
25.40%
3Y*
10.99%
5Y*
—
10Y*
—

HXT.TO

1D
2.28%
1M
-3.20%
YTD
2.91%
6M
8.76%
1Y
30.31%
3Y*
19.91%
5Y*
14.30%
10Y*
12.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Global X Equal Weight Canadian Utilities Index ETF

Global X S&P/TSX 60 Corporate Class ETF

Often compared with UTIL.TO:
UTIL.TO vs. HUTL.TOUTIL.TO vs. UTES.TOUTIL.TO vs. ZUT.TOUTIL.TO vs. HUTE.TOUTIL.TO vs. XUT.TOUTIL.TO vs. CBIL.TOUTIL.TO vs. HSAV.TO
Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO

UTIL.TO vs. HXT.TO - Expense Ratio Comparison

HXT.TO
Global X S&P/TSX 60 Corporate Class ETF

Return for Risk

UTIL.TO vs. HXT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UTIL.TO
UTIL.TO Risk / Return Rank: 9595
Overall Rank
UTIL.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
UTIL.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
UTIL.TO Omega Ratio Rank: 9696
Omega Ratio Rank
UTIL.TO Calmar Ratio Rank: 9494
Calmar Ratio Rank
UTIL.TO Martin Ratio Rank: 9393
Martin Ratio Rank
HXT.TO
HXT.TO Risk / Return Rank: 9393
Overall Rank
HXT.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 9393
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 9494
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 9090
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 9494
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.

UTIL.TO vs. HXT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.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.

UTIL.TOHXT.TODifference

Sharpe ratio

Return per unit of total volatility

2.53

2.11

+0.42

Sortino ratio

Return per unit of downside risk

3.26

2.73

+0.53

Omega ratio

Gain probability vs. loss probability

1.51

1.42

+0.08

Calmar ratio

Return relative to maximum drawdown

3.92

2.92

+1.00

Martin ratio

Return relative to average drawdown

14.17

14.17

0.00

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

UTIL.TO vs. HXT.TO - Sharpe Ratio Comparison

The current UTIL.TO Sharpe Ratio is 2.53, which is comparable to the HXT.TO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of UTIL.TO and HXT.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

UTIL.TOHXT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.53

2.11

+0.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.13

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.67

-0.15

Correlation

The correlation between UTIL.TO and HXT.TO is 0.41, 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

UTIL.TO vs. HXT.TO - Dividend Comparison

UTIL.TO's dividend yield for the trailing twelve months is around 3.25%, while HXT.TO has not paid dividends to shareholders.

TTM2025202420232022
UTIL.TO
Global X Equal Weight Canadian Utilities Index ETF		3.25%4.07%4.38%4.45%1.87%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%

Drawdowns

UTIL.TO vs. HXT.TO - Drawdown Comparison

The maximum UTIL.TO drawdown since its inception was -25.61%, smaller than the maximum HXT.TO drawdown of -35.48%. Use the drawdown chart below to compare losses from any high point for UTIL.TO and HXT.TO.

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Drawdown Indicators

UTIL.TOHXT.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.61%

-35.48%

+9.87%

Max Drawdown (1Y)

Largest decline over 1 year

-6.55%

-10.76%

+4.21%

Max Drawdown (5Y)

Largest decline over 5 years

—

-16.33%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.48%

—

Current Drawdown

Current decline from peak

-0.04%

-3.90%

+3.86%

Average Drawdown

Average peak-to-trough decline

-8.22%

-4.70%

-3.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.81%

2.22%

-0.41%

Volatility

UTIL.TO vs. HXT.TO - Volatility Comparison

The current volatility for Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) is 3.63%, while Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a volatility of 5.32%. This indicates that UTIL.TO experiences smaller price fluctuations and is considered to be less risky than HXT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

UTIL.TOHXT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.63%

5.32%

-1.69%

Volatility (6M)

Calculated over the trailing 6-month period

6.29%

9.76%

-3.47%

Volatility (1Y)

Calculated over the trailing 1-year period

10.07%

14.44%

-4.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.47%

12.70%

-0.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.47%

15.15%

-2.68%