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WSP.TO vs. XEC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WSP.TO vs. XEC.TO

Last updated Jun 4, 2026

WSP.TO (WSP Global Inc.) is a stock, while XEC.TO (iShares Core MSCI Emerging Markets IMI Index ETF) is Emerging Markets Equities fund tracking the Morningstar EM GR CAD. Over the past 10 years, WSP.TO returned 17.53%/yr vs 10.71%/yr for XEC.TO. At a 0.28 correlation, their price movements are largely independent.

Performance

WSP.TO vs. XEC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in WSP Global Inc. (WSP.TO) and iShares Core MSCI Emerging Markets IMI Index ETF (XEC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, WSP.TO achieves a -26.39% return, which is significantly lower than XEC.TO's 27.92% return. Over the past 10 years, WSP.TO has outperformed XEC.TO with an annualized return of 17.53%, while XEC.TO has yielded a comparatively lower 10.71% annualized return.

WSP.TO

1D
-1.84%
1M
-20.27%
YTD
-26.39%
6M
-25.02%
1Y
-33.06%
3Y*
1.96%
5Y*
6.87%
10Y*
17.53%

XEC.TO

1D
-0.88%
1M
10.15%
YTD
27.92%
6M
28.48%
1Y
54.44%
3Y*
24.69%
5Y*
10.21%
10Y*
10.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WSP.TO vs. XEC.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WSP.TO
WSP Global Inc.		-26.39%-1.18%37.07%19.24%-13.60%53.84%38.33%54.10%0.28%37.94%
XEC.TO
iShares Core MSCI Emerging Markets IMI Index ETF		27.92%25.78%16.14%7.92%-14.68%-1.74%15.08%11.53%-8.26%27.93%

Correlation

The correlation between WSP.TO and XEC.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.31

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

0.34

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

0.30

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

0.31

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2013

0.28

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WSP Global Inc.

iShares Core MSCI Emerging Markets IMI Index ETF

Often compared with WSP.TO:
WSP.TO vs. STN.TOWSP.TO vs. ACMWSP.TO vs. ATRL.TOWSP.TO vs. ARCAD.ASWSP.TO vs. SPYWSP.TO vs. STRLWSP.TO vs. TRI.TO
Often compared with XEC.TO:
XEC.TO vs. XEF.TOXEC.TO vs. VEE.TOXEC.TO vs. XEM.TOXEC.TO vs. ZEM.TOXEC.TO vs. XEQT.TOXEC.TO vs. VFV.TOXEC.TO vs. XIC.TO

Return for Risk

WSP.TO vs. XEC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WSP.TO
WSP.TO Risk / Return Rank: 33
Overall Rank
WSP.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
WSP.TO Sortino Ratio Rank: 44
Sortino Ratio Rank
WSP.TO Omega Ratio Rank: 44
Omega Ratio Rank
WSP.TO Calmar Ratio Rank: 66
Calmar Ratio Rank
WSP.TO Martin Ratio Rank: 11
Martin Ratio Rank
XEC.TO
XEC.TO Risk / Return Rank: 8686
Overall Rank
XEC.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
XEC.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
XEC.TO Omega Ratio Rank: 8888
Omega Ratio Rank
XEC.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
XEC.TO Martin Ratio Rank: 8383
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.

WSP.TO vs. XEC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WSP Global Inc. (WSP.TO) and iShares Core MSCI Emerging Markets IMI Index ETF (XEC.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.

WSP.TOXEC.TODifference
Sharpe ratioReturn per unit of total volatility
-1.25
3.01

-4.26

Sortino ratioReturn per unit of downside risk
-1.62
3.86

-5.49

Omega ratioGain probability vs. loss probability

0.77

1.56

-0.79

Calmar ratioReturn relative to maximum drawdown

-0.90

4.86

-5.76

Martin ratioReturn relative to average drawdown

-2.10

17.00

-19.10

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

WSP.TO vs. XEC.TO - Sharpe Ratio Comparison

The current WSP.TO Sharpe Ratio is -1.25, which is lower than the XEC.TO Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of WSP.TO and XEC.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.

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Sharpe Ratios by Period

WSP.TOXEC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.25

3.01

-4.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

0.65

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

0.61

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.75

0.52

+0.23

Drawdowns

WSP.TO vs. XEC.TO - Drawdown Comparison

The maximum WSP.TO drawdown since its inception was -39.02%, which is greater than XEC.TO's maximum drawdown of -32.54%. Use the drawdown chart below to compare losses from any high point for WSP.TO and XEC.TO.

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Drawdown Indicators

WSP.TOXEC.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.02%

-32.54%

-6.48%

Max Drawdown (1Y)

Largest decline over 1 year

-37.05%

-11.25%

-25.80%

Max Drawdown (3Y)

Largest decline over 3 years

-37.05%

-15.07%

-21.98%

Max Drawdown (5Y)

Largest decline over 5 years

-37.05%

-29.14%

-7.91%

Max Drawdown (10Y)

Largest decline over 10 years

-37.11%

-32.54%

-4.57%

Current Drawdown

Current decline from peak

-37.05%

-0.88%

-36.17%

Average Drawdown

Average peak-to-trough decline

-8.97%

-9.56%

+0.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.80%

3.21%

+12.59%

Volatility

WSP.TO vs. XEC.TO - Volatility Comparison

WSP Global Inc. (WSP.TO) has a higher volatility of 9.88% compared to iShares Core MSCI Emerging Markets IMI Index ETF (XEC.TO) at 7.80%. This indicates that WSP.TO's price experiences larger fluctuations and is considered to be riskier than XEC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WSP.TOXEC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.88%

7.80%

+2.08%

Volatility (6M)

Calculated over the trailing 6-month period

23.33%

15.85%

+7.48%

Volatility (1Y)

Calculated over the trailing 1-year period

26.61%

18.19%

+8.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.67%

15.91%

+7.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.31%

17.60%

+6.71%

Dividends

WSP.TO vs. XEC.TO - Dividend Comparison

WSP.TO's dividend yield for the trailing twelve months is around 0.82%, less than XEC.TO's 1.50% yield.

PositionTTM20252024202320222021202020192018201720162015
WSP.TO
WSP Global Inc.		0.82%0.60%0.59%0.81%0.95%0.82%1.24%1.69%2.56%2.50%3.36%3.53%
XEC.TO
iShares Core MSCI Emerging Markets IMI Index ETF		1.50%1.92%2.03%2.16%2.28%2.78%1.64%2.87%2.66%2.13%1.80%2.19%

Frequently Asked Questions

WSP.TO and XEC.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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