X.TO vs. XQQ.TO
Compare and contrast key facts about TMX Group Limited (X.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO).
XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: X.TO or XQQ.TO.
Key characteristics
| X.TO | XQQ.TO | |
|---|---|---|
| YTD Return | 37.84% | 18.46% |
| 1Y Return | 52.96% | 31.52% |
| 3Y Return (Ann) | 20.19% | 4.90% |
| 5Y Return (Ann) | 16.60% | 17.79% |
| 10Y Return (Ann) | 16.45% | 16.18% |
| Sharpe Ratio | 3.33 | 2.05 |
| Sortino Ratio | 4.77 | 2.73 |
| Omega Ratio | 1.57 | 1.37 |
| Calmar Ratio | 9.21 | 0.35 |
| Martin Ratio | 32.17 | 9.49 |
| Ulcer Index | 1.62% | 3.73% |
| Daily Std Dev | 15.68% | 17.31% |
| Max Drawdown | -61.03% | -100.00% |
| Current Drawdown | -0.89% | -99.99% |
Correlation
The correlation between X.TO and XQQ.TO is 0.46, 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.
Performance
X.TO vs. XQQ.TO - Performance Comparison
In the year-to-date period, X.TO achieves a 37.84% return, which is significantly higher than XQQ.TO's 18.46% return. Both investments have delivered pretty close results over the past 10 years, with X.TO having a 16.45% annualized return and XQQ.TO not far behind at 16.18%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
X.TO vs. XQQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TMX Group Limited (X.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.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.
Dividends
X.TO vs. XQQ.TO - Dividend Comparison
X.TO's dividend yield for the trailing twelve months is around 1.70%, more than XQQ.TO's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
X.TO TMX Group Limited | 1.70% | 2.21% | 2.45% | 2.35% | 2.14% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.32% | 0.31% | 0.43% | 0.17% | 0.26% | 0.46% | 0.52% | 0.53% | 0.76% | 0.62% | 1.30% | 1.10% |
Drawdowns
X.TO vs. XQQ.TO - Drawdown Comparison
The maximum X.TO drawdown since its inception was -61.03%, smaller than the maximum XQQ.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for X.TO and XQQ.TO. For additional features, visit the drawdowns tool.
Volatility
X.TO vs. XQQ.TO - Volatility Comparison
TMX Group Limited (X.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) have volatilities of 4.28% and 4.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.