XBAL.TO vs. DJIA
Compare and contrast key facts about iShares Core Balanced ETF Portfolio (XBAL.TO) and Global X Dow 30 Covered Call ETF (DJIA).
XBAL.TO and DJIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBAL.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007. DJIA is a passively managed fund by Global X that tracks the performance of the DJIA Cboe BuyWrite v2 Index. It was launched on Feb 23, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XBAL.TO or DJIA.
Key characteristics
| XBAL.TO | DJIA | |
|---|---|---|
| YTD Return | 14.52% | 12.91% |
| 1Y Return | 21.44% | 16.86% |
| Sharpe Ratio | 3.37 | 2.07 |
| Sortino Ratio | 4.96 | 3.00 |
| Omega Ratio | 1.66 | 1.42 |
| Calmar Ratio | 3.11 | 3.62 |
| Martin Ratio | 27.25 | 13.86 |
| Ulcer Index | 0.80% | 1.19% |
| Daily Std Dev | 6.47% | 7.94% |
| Max Drawdown | -28.78% | -16.91% |
| Current Drawdown | -0.13% | 0.00% |
Correlation
The correlation between XBAL.TO and DJIA is 0.57, 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
XBAL.TO vs. DJIA - Performance Comparison
In the year-to-date period, XBAL.TO achieves a 14.52% return, which is significantly higher than DJIA's 12.91% return. 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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XBAL.TO vs. DJIA - Expense Ratio Comparison
XBAL.TO has a 0.20% expense ratio, which is lower than DJIA's 0.60% expense ratio.
Risk-Adjusted Performance
XBAL.TO vs. DJIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Balanced ETF Portfolio (XBAL.TO) and Global X Dow 30 Covered Call ETF (DJIA). 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
XBAL.TO vs. DJIA - Dividend Comparison
XBAL.TO's dividend yield for the trailing twelve months is around 2.41%, less than DJIA's 6.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XBAL.TO iShares Core Balanced ETF Portfolio | 2.41% | 2.43% | 2.12% | 1.77% | 2.02% | 2.30% | 3.44% | 2.97% | 3.69% | 3.34% | 6.60% | 2.81% |
DJIA Global X Dow 30 Covered Call ETF | 6.48% | 7.16% | 9.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XBAL.TO vs. DJIA - Drawdown Comparison
The maximum XBAL.TO drawdown since its inception was -28.78%, which is greater than DJIA's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for XBAL.TO and DJIA. For additional features, visit the drawdowns tool.
Volatility
XBAL.TO vs. DJIA - Volatility Comparison
The current volatility for iShares Core Balanced ETF Portfolio (XBAL.TO) is 1.93%, while Global X Dow 30 Covered Call ETF (DJIA) has a volatility of 3.16%. This indicates that XBAL.TO experiences smaller price fluctuations and is considered to be less risky than DJIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.