XCG.TO vs. XEG.TO
Compare and contrast key facts about iShares Canadian Growth Index ETF (XCG.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO).
XCG.TO and XEG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCG.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Nov 6, 2006. XEG.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Capped Energy Index. It was launched on Mar 19, 2001. Both XCG.TO and XEG.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XCG.TO or XEG.TO.
Key characteristics
| XCG.TO | XEG.TO | |
|---|---|---|
| YTD Return | 6.42% | 23.42% |
| 1Y Return | 13.59% | 36.62% |
| 3Y Return (Ann) | 6.26% | 36.40% |
| 5Y Return (Ann) | 8.20% | 18.37% |
| 10Y Return (Ann) | 8.20% | 2.50% |
| Sharpe Ratio | 1.09 | 1.77 |
| Daily Std Dev | 12.42% | 21.42% |
| Max Drawdown | -52.64% | -87.73% |
| Current Drawdown | -2.00% | -3.69% |
Correlation
The correlation between XCG.TO and XEG.TO is 0.68, 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
XCG.TO vs. XEG.TO - Performance Comparison
In the year-to-date period, XCG.TO achieves a 6.42% return, which is significantly lower than XEG.TO's 23.42% return. Over the past 10 years, XCG.TO has outperformed XEG.TO with an annualized return of 8.20%, while XEG.TO has yielded a comparatively lower 2.50% annualized 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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XCG.TO vs. XEG.TO - Expense Ratio Comparison
XCG.TO has a 0.55% expense ratio, which is lower than XEG.TO's 0.61% expense ratio.
Risk-Adjusted Performance
XCG.TO vs. XEG.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Growth Index ETF (XCG.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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
XCG.TO vs. XEG.TO - Dividend Comparison
XCG.TO's dividend yield for the trailing twelve months is around 1.33%, less than XEG.TO's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XCG.TO iShares Canadian Growth Index ETF | 1.33% | 1.43% | 1.71% | 1.57% | 1.83% | 1.65% | 1.79% | 1.11% | 1.05% | 0.78% | 0.92% | 1.50% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 3.08% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% | 2.56% | 2.32% |
Drawdowns
XCG.TO vs. XEG.TO - Drawdown Comparison
The maximum XCG.TO drawdown since its inception was -52.64%, smaller than the maximum XEG.TO drawdown of -87.73%. Use the drawdown chart below to compare losses from any high point for XCG.TO and XEG.TO. For additional features, visit the drawdowns tool.
Volatility
XCG.TO vs. XEG.TO - Volatility Comparison
The current volatility for iShares Canadian Growth Index ETF (XCG.TO) is 4.67%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 5.51%. This indicates that XCG.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.