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XCH.TO vs. ESGD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XCH.TO vs. ESGD

Last updated Jun 14, 2026

XCH.TO (iShares China Index ETF) and ESGD (iShares ESG Aware MSCI EAFE ETF) are both exchange-traded funds - XCH.TO is a China Equities fund tracking the Morningstar China GR CAD, while ESGD is a Foreign Large Cap Equities fund tracking the MSCI EAFE Extended ESG Focus Index. Both are passively managed. Over the past 5 years, XCH.TO returned -0.72%/yr vs 11.13%/yr for ESGD. At a 0.42 correlation, their price movements are largely independent. XCH.TO charges 0.87%/yr vs 0.20%/yr for ESGD.

Performance

XCH.TO vs. ESGD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares China Index ETF (XCH.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XCH.TO is traded in CAD, while ESGD is traded in USD. To make them comparable, the ESGD values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XCH.TO achieves a -6.21% return, which is significantly lower than ESGD's 11.34% return.

XCH.TO

1D
1.21%
1M
-3.47%
YTD
-6.21%
6M
-7.43%
1Y
1.29%
3Y*
11.77%
5Y*
-0.72%
10Y*
3.62%

ESGD

1D
0.44%
1M
3.64%
YTD
11.34%
6M
12.07%
1Y
24.26%
3Y*
17.28%
5Y*
11.13%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XCH.TO vs. ESGD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XCH.TO
iShares China Index ETF		-6.21%22.48%39.50%-14.76%-15.40%-20.56%7.17%8.11%-6.28%27.28%
ESGD
iShares ESG Aware MSCI EAFE ETF		11.34%23.72%12.76%15.72%-9.80%11.74%5.63%18.05%-6.04%16.63%

Correlation

The correlation between XCH.TO and ESGD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2016

0.42

XCH.TO vs. ESGD - Sectors Allocation Comparison

Sectors
XCH.TO
ESGD

Financial Services

34.5%
25.8%

Consumer Cyclical

25.6%
6.6%

Communication Services

12.5%
4.3%

Technology

9.0%
12.6%

Energy

5.2%
3.9%

Industrials

3.9%
18.2%

Basic Materials

3.8%
5.5%

Healthcare

2.1%
9.9%

Real Estate

1.1%
1.6%

Consumer Defensive

0.8%
7.0%

Utilities

0.4%
3.7%

Financial Services

XCH.TO
34.5%
ESGD
25.8%

Consumer Cyclical

XCH.TO
25.6%
ESGD
6.6%

Communication Services

XCH.TO
12.5%
ESGD
4.3%

Technology

XCH.TO
9.0%
ESGD
12.6%

Energy

XCH.TO
5.2%
ESGD
3.9%

Industrials

XCH.TO
3.9%
ESGD
18.2%

Basic Materials

XCH.TO
3.8%
ESGD
5.5%

Healthcare

XCH.TO
2.1%
ESGD
9.9%

Real Estate

XCH.TO
1.1%
ESGD
1.6%

Consumer Defensive

XCH.TO
0.8%
ESGD
7.0%

Utilities

XCH.TO
0.4%
ESGD
3.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares China Index ETF

iShares ESG Aware MSCI EAFE ETF

Often compared with XCH.TO:
XCH.TO vs. VEE.TOXCH.TO vs. XEC.TOXCH.TO vs. XAW.TOXCH.TO vs. ZCH.TOXCH.TO vs. VFV.TOXCH.TO vs. XIC.TOXCH.TO vs. FBRT
Often compared with ESGD:
ESGD vs. ESGUESGD vs. ESGVESGD vs. DMXFESGD vs. SPYESGD vs. SDGESGD vs. FNIDXESGD vs. VOO

Return for Risk

XCH.TO vs. ESGD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XCH.TO
XCH.TO Risk / Return Rank: 99
Overall Rank
XCH.TO Sharpe Ratio Rank: 99
Sharpe Ratio Rank
XCH.TO Sortino Ratio Rank: 99
Sortino Ratio Rank
XCH.TO Omega Ratio Rank: 99
Omega Ratio Rank
XCH.TO Calmar Ratio Rank: 99
Calmar Ratio Rank
XCH.TO Martin Ratio Rank: 99
Martin Ratio Rank
ESGD
ESGD Risk / Return Rank: 3939
Overall Rank
ESGD Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
ESGD Sortino Ratio Rank: 3939
Sortino Ratio Rank
ESGD Omega Ratio Rank: 3737
Omega Ratio Rank
ESGD Calmar Ratio Rank: 3838
Calmar Ratio Rank
ESGD Martin Ratio Rank: 4343
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XCH.TO vs. ESGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares China Index ETF (XCH.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD). 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.

XCH.TOESGDDifference
Sharpe ratioReturn per unit of total volatility
-0.04
1.36

-1.40

Sortino ratioReturn per unit of downside risk
0.08
1.98

-1.90

Omega ratioGain probability vs. loss probability

1.01

1.24

-0.23

Calmar ratioReturn relative to maximum drawdown

-0.05

1.95

-2.00

Martin ratioReturn relative to average drawdown

-0.09

7.29

-7.38

XCH.TO vs. ESGD - Sharpe Ratio Comparison

The current XCH.TO Sharpe Ratio is -0.04, which is lower than the ESGD Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of XCH.TO and ESGD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XCH.TO vs. ESGD - Drawdown Comparison

The maximum XCH.TO drawdown since its inception was -58.02%, which is greater than ESGD's maximum drawdown of -29.34%. Use the drawdown chart below to compare losses from any high point for XCH.TO and ESGD.

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Drawdown Indicators

XCH.TOESGDDifference

Max Drawdown

Largest peak-to-trough decline

-58.02%

-29.34%

-28.68%

Max Drawdown (1Y)

Largest decline over 1 year

-16.51%

-11.36%

-5.15%

Max Drawdown (3Y)

Largest decline over 3 years

-27.28%

-14.37%

-12.91%

Max Drawdown (5Y)

Largest decline over 5 years

-50.32%

-24.27%

-26.05%

Max Drawdown (10Y)

Largest decline over 10 years

-58.02%

—

—

Current Drawdown

Current decline from peak

-21.70%

0.00%

-21.70%

Average Drawdown

Average peak-to-trough decline

-20.40%

-4.24%

-16.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.55%

3.05%

+5.50%

Volatility

XCH.TO vs. ESGD - Volatility Comparison

iShares China Index ETF (XCH.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD) have volatilities of 5.94% and 5.71%, 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.

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Volatility by Period

XCH.TOESGDDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.94%

5.71%

+0.23%

Volatility (6M)

Calculated over the trailing 6-month period

13.42%

13.66%

-0.24%

Volatility (1Y)

Calculated over the trailing 1-year period

19.18%

16.30%

+2.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.79%

17.76%

+12.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.71%

18.10%

+7.61%

XCH.TO vs. ESGD - Expense Ratio Comparison

XCH.TO has a 0.87% expense ratio, which is higher than ESGD's 0.20% expense ratio.

Dividends

XCH.TO vs. ESGD - Dividend Comparison

XCH.TO's dividend yield for the trailing twelve months is around 2.25%, less than ESGD's 3.30% yield.

PositionTTM20252024202320222021202020192018201720162015
ESGD
iShares ESG Aware MSCI EAFE ETF		3.30%3.60%3.23%3.02%2.59%2.75%1.63%2.57%2.69%2.65%0.09%0.00%
XCH.TO
iShares China Index ETF		2.25%2.11%1.54%2.86%2.35%1.51%2.17%2.50%2.45%2.41%2.21%2.58%

Frequently Asked Questions

XCH.TO and ESGD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ESGD is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESGD is cheaper with a 0.20% expense ratio, compared with 0.87% for XCH.TO.

XCH.TO is categorized as China Equities, while ESGD is Foreign Large Cap Equities. XCH.TO tracks Morningstar China GR CAD, while ESGD tracks MSCI EAFE Extended ESG Focus Index. Their fees differ too: 0.87% for XCH.TO and 0.20% for ESGD.

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