WSRI.TO vs. NSCE.TO
WSRI.TO (Wealthsimple North America Socially Responsible Index ETF) and NSCE.TO (NBI Sustainable Canadian Equity ETF) are both Sustainable funds. Both are actively managed. Over the past 5 years, WSRI.TO returned 10.55%/yr vs 11.12%/yr for NSCE.TO. At a 0.38 correlation, their price movements are largely independent.
Performance
WSRI.TO vs. NSCE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, WSRI.TO achieves a 5.79% return, which is significantly lower than NSCE.TO's 9.91% return.
WSRI.TO
- 1D
- -0.88%
- 1M
- 1.07%
- 6M
- 1.95%
- YTD
- 5.79%
- 1Y
- 14.69%
- 3Y*
- 13.97%
- 5Y*
- 10.55%
- 10Y*
- —
NSCE.TO
- 1D
- 0.46%
- 1M
- 3.11%
- 6M
- 10.32%
- YTD
- 9.91%
- 1Y
- 4.34%
- 3Y*
- 13.96%
- 5Y*
- 11.12%
- 10Y*
- —
WSRI.TO vs. NSCE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WSRI.TO Wealthsimple North America Socially Responsible Index ETF | 5.79% | 12.29% | 19.17% | 13.01% | -5.87% | 25.13% | 15.30% |
NSCE.TO NBI Sustainable Canadian Equity ETF | 9.91% | 7.84% | 20.43% | 12.78% | -0.27% | 20.35% | 12.38% |
Correlation
The correlation between WSRI.TO and NSCE.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2020 | 0.38 |
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Return for Risk
WSRI.TO vs. NSCE.TO — Risk / Return Rank
WSRI.TO
NSCE.TO
WSRI.TO vs. NSCE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wealthsimple North America Socially Responsible Index ETF (WSRI.TO) and NBI Sustainable Canadian Equity ETF (NSCE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WSRI.TO | NSCE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 0.46 | +1.08 |
| Martin ratioReturn relative to average drawdown | 4.74 | 1.01 | +3.73 |
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Drawdowns
WSRI.TO vs. NSCE.TO - Drawdown Comparison
The maximum WSRI.TO drawdown since its inception was -20.32%, which is greater than NSCE.TO's maximum drawdown of -19.18%. Use the drawdown chart below to compare losses from any high point for WSRI.TO and NSCE.TO.
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Drawdown Indicators
| WSRI.TO | NSCE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.32% | -19.18% | -1.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.58% | -9.52% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -11.13% | -9.52% | -1.61% |
Max Drawdown (5Y)Largest decline over 5 years | -20.32% | -12.02% | -8.30% |
Current DrawdownCurrent decline from peak | -2.37% | -0.02% | -2.35% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -2.52% | -0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 4.30% | -1.19% |
Volatility
WSRI.TO vs. NSCE.TO - Volatility Comparison
Wealthsimple North America Socially Responsible Index ETF (WSRI.TO) has a higher volatility of 3.13% compared to NBI Sustainable Canadian Equity ETF (NSCE.TO) at 2.02%. This indicates that WSRI.TO's price experiences larger fluctuations and is considered to be riskier than NSCE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WSRI.TO | NSCE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 2.02% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 8.17% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.58% | 10.99% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.90% | 12.90% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.95% | 14.87% | -2.92% |
Dividends
WSRI.TO vs. NSCE.TO - Dividend Comparison
WSRI.TO's dividend yield for the trailing twelve months is around 1.31%, more than NSCE.TO's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NSCE.TO NBI Sustainable Canadian Equity ETF | 0.93% | 0.89% | 1.00% | 1.14% | 0.90% | 1.06% | 0.69% |
WSRI.TO Wealthsimple North America Socially Responsible Index ETF | 1.31% | 1.25% | 1.30% | 1.38% | 1.21% | 0.82% | 0.38% |
Frequently Asked Questions
WSRI.TO and NSCE.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Wealthsimple and National Bank Investments.
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