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XBM.TO vs. XME
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XBM.TO and XME is 0.55, 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

XBM.TO vs. XME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P/TSX Global Base Metals Index ETF (XBM.TO) and SPDR S&P Metals & Mining ETF (XME). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%December2025FebruaryMarchAprilMay
-8.48%
-2.28%
XBM.TO
XME

Key characteristics

Sharpe Ratio

XBM.TO:

-0.57

XME:

-0.17

Sortino Ratio

XBM.TO:

-0.62

XME:

-0.03

Omega Ratio

XBM.TO:

0.92

XME:

1.00

Calmar Ratio

XBM.TO:

-0.54

XME:

-0.14

Martin Ratio

XBM.TO:

-1.21

XME:

-0.41

Ulcer Index

XBM.TO:

16.72%

XME:

12.44%

Daily Std Dev

XBM.TO:

35.41%

XME:

30.56%

Max Drawdown

XBM.TO:

-66.47%

XME:

-85.94%

Current Drawdown

XBM.TO:

-26.44%

XME:

-23.44%

Returns By Period

In the year-to-date period, XBM.TO achieves a -10.07% return, which is significantly lower than XME's 1.32% return. Over the past 10 years, XBM.TO has underperformed XME with an annualized return of 5.70%, while XME has yielded a comparatively higher 8.80% annualized return.


XBM.TO

YTD

-10.07%

1M

12.11%

6M

-19.76%

1Y

-20.93%

5Y*

18.66%

10Y*

5.70%

XME

YTD

1.32%

1M

16.02%

6M

-17.63%

1Y

-5.84%

5Y*

24.63%

10Y*

8.80%

*Annualized

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XBM.TO vs. XME - Expense Ratio Comparison

XBM.TO has a 0.60% expense ratio, which is higher than XME's 0.35% expense ratio.


Risk-Adjusted Performance

XBM.TO vs. XME — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XBM.TO
The Risk-Adjusted Performance Rank of XBM.TO is 44
Overall Rank
The Sharpe Ratio Rank of XBM.TO is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of XBM.TO is 44
Sortino Ratio Rank
The Omega Ratio Rank of XBM.TO is 55
Omega Ratio Rank
The Calmar Ratio Rank of XBM.TO is 22
Calmar Ratio Rank
The Martin Ratio Rank of XBM.TO is 44
Martin Ratio Rank

XME
The Risk-Adjusted Performance Rank of XME is 1313
Overall Rank
The Sharpe Ratio Rank of XME is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of XME is 1414
Sortino Ratio Rank
The Omega Ratio Rank of XME is 1414
Omega Ratio Rank
The Calmar Ratio Rank of XME is 1212
Calmar Ratio Rank
The Martin Ratio Rank of XME is 1313
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XBM.TO vs. XME - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Base Metals Index ETF (XBM.TO) and SPDR S&P Metals & Mining ETF (XME). 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.


The current XBM.TO Sharpe Ratio is -0.57, which is lower than the XME Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of XBM.TO and XME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50December2025FebruaryMarchAprilMay
-0.57
-0.19
XBM.TO
XME

Dividends

XBM.TO vs. XME - Dividend Comparison

XBM.TO's dividend yield for the trailing twelve months is around 1.40%, more than XME's 0.58% yield.


TTM20242023202220212020201920182017201620152014
XBM.TO
iShares S&P/TSX Global Base Metals Index ETF
1.40%1.25%2.09%4.83%3.01%1.75%3.60%3.32%1.58%2.35%5.52%3.29%
XME
SPDR S&P Metals & Mining ETF
0.58%0.65%1.00%1.64%0.70%0.99%2.43%2.23%1.15%1.02%2.61%2.21%

Drawdowns

XBM.TO vs. XME - Drawdown Comparison

The maximum XBM.TO drawdown since its inception was -66.47%, smaller than the maximum XME drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for XBM.TO and XME. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-29.64%
-17.63%
XBM.TO
XME

Volatility

XBM.TO vs. XME - Volatility Comparison

iShares S&P/TSX Global Base Metals Index ETF (XBM.TO) has a higher volatility of 17.23% compared to SPDR S&P Metals & Mining ETF (XME) at 12.09%. This indicates that XBM.TO's price experiences larger fluctuations and is considered to be riskier than XME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
17.23%
12.09%
XBM.TO
XME