PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XCH.TO vs. XEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XCH.TO vs. XEQT.TO

Last updated Jun 4, 2026

XCH.TO (iShares China Index ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - XCH.TO is a China Equities fund tracking the Morningstar China GR CAD, while XEQT.TO is a Global Equities fund actively managed by iShares. XCH.TO is passively managed, while XEQT.TO is actively managed. Over the past 5 years, XCH.TO returned -0.79%/yr vs 13.72%/yr for XEQT.TO. At a 0.43 correlation, their price movements are largely independent. XCH.TO charges 0.87%/yr vs 0.20%/yr for XEQT.TO.

Performance

XCH.TO vs. XEQT.TO - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, XCH.TO achieves a -6.01% return, which is significantly lower than XEQT.TO's 12.29% return.

XCH.TO

1D
-1.76%
1M
-0.68%
YTD
-6.01%
6M
-8.84%
1Y
2.81%
3Y*
12.55%
5Y*
-0.79%
10Y*
3.34%

XEQT.TO

1D
-0.56%
1M
5.98%
YTD
12.29%
6M
11.20%
1Y
29.24%
3Y*
21.78%
5Y*
13.72%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XCH.TO vs. XEQT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XCH.TO
iShares China Index ETF		-6.01%22.48%39.50%-14.76%-15.40%-20.56%7.17%13.83%
XEQT.TO
iShares Core Equity ETF Portfolio		12.29%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%

Correlation

The correlation between XCH.TO and XEQT.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.48

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

0.43

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

0.40

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.43

XCH.TO vs. XEQT.TO - Sectors Allocation Comparison

Sectors
XCH.TO
XEQT.TO

Financial Services

34.5%
20.3%

Consumer Cyclical

25.8%
7.8%

Communication Services

12.2%
6.4%

Technology

9.2%
22.9%

Energy

5.2%
7.2%

Basic Materials

3.9%
7.3%

Industrials

3.9%
12.1%

Healthcare

2.2%
6.6%

Real Estate

1.1%
2.2%

Consumer Defensive

0.8%
4.4%

Utilities

0.4%
2.8%

Financial Services

XCH.TO
34.5%
XEQT.TO
20.3%

Consumer Cyclical

XCH.TO
25.8%
XEQT.TO
7.8%

Communication Services

XCH.TO
12.2%
XEQT.TO
6.4%

Technology

XCH.TO
9.2%
XEQT.TO
22.9%

Energy

XCH.TO
5.2%
XEQT.TO
7.2%

Basic Materials

XCH.TO
3.9%
XEQT.TO
7.3%

Industrials

XCH.TO
3.9%
XEQT.TO
12.1%

Healthcare

XCH.TO
2.2%
XEQT.TO
6.6%

Real Estate

XCH.TO
1.1%
XEQT.TO
2.2%

Consumer Defensive

XCH.TO
0.8%
XEQT.TO
4.4%

Utilities

XCH.TO
0.4%
XEQT.TO
2.8%

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 Core Equity ETF Portfolio

Often compared with XCH.TO:
XCH.TO vs. VEE.TOXCH.TO vs. XEC.TOXCH.TO vs. XAW.TOXCH.TO vs. VFV.TOXCH.TO vs. ZCH.TOXCH.TO vs. XIC.TOXCH.TO vs. FBRT
Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. VOO

Return for Risk

XCH.TO vs. XEQT.TO — 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: 1010
Overall Rank
XCH.TO Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
XCH.TO Sortino Ratio Rank: 1010
Sortino Ratio Rank
XCH.TO Omega Ratio Rank: 1010
Omega Ratio Rank
XCH.TO Calmar Ratio Rank: 1111
Calmar Ratio Rank
XCH.TO Martin Ratio Rank: 1010
Martin Ratio Rank
XEQT.TO
XEQT.TO Risk / Return Rank: 7575
Overall Rank
XEQT.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 7878
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. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares China Index ETF (XCH.TO) and iShares Core Equity ETF Portfolio (XEQT.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.

XCH.TOXEQT.TODifference
Sharpe ratioReturn per unit of total volatility
0.15
2.53

-2.38

Sortino ratioReturn per unit of downside risk
0.35
3.49

-3.14

Omega ratioGain probability vs. loss probability

1.04

1.47

-0.42

Calmar ratioReturn relative to maximum drawdown

0.17

3.56

-3.39

Martin ratioReturn relative to average drawdown

0.35

15.50

-15.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCH.TO vs. XEQT.TO - Sharpe Ratio Comparison

The current XCH.TO Sharpe Ratio is 0.15, which is lower than the XEQT.TO Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of XCH.TO and XEQT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

XCH.TOXEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.15

2.53

-2.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.03

1.05

-1.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.13

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.13

0.95

-0.82

Drawdowns

XCH.TO vs. XEQT.TO - Drawdown Comparison

The maximum XCH.TO drawdown since its inception was -58.02%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for XCH.TO and XEQT.TO.

Loading charts...

Drawdown Indicators

XCH.TOXEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-58.02%

-29.74%

-28.28%

Max Drawdown (1Y)

Largest decline over 1 year

-16.51%

-8.25%

-8.26%

Max Drawdown (3Y)

Largest decline over 3 years

-27.28%

-15.08%

-12.20%

Max Drawdown (5Y)

Largest decline over 5 years

-50.32%

-19.56%

-30.76%

Max Drawdown (10Y)

Largest decline over 10 years

-58.02%

—

—

Current Drawdown

Current decline from peak

-21.53%

-0.56%

-20.97%

Average Drawdown

Average peak-to-trough decline

-20.41%

-4.11%

-16.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.15%

1.89%

+6.26%

Volatility

XCH.TO vs. XEQT.TO - Volatility Comparison

iShares China Index ETF (XCH.TO) has a higher volatility of 6.91% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.70%. This indicates that XCH.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XCH.TOXEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.91%

3.70%

+3.21%

Volatility (6M)

Calculated over the trailing 6-month period

13.42%

9.38%

+4.04%

Volatility (1Y)

Calculated over the trailing 1-year period

19.20%

11.63%

+7.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.81%

13.12%

+16.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.73%

15.56%

+10.17%

XCH.TO vs. XEQT.TO - Expense Ratio Comparison

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

Dividends

XCH.TO vs. XEQT.TO - Dividend Comparison

XCH.TO's dividend yield for the trailing twelve months is around 2.25%, more than XEQT.TO's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
XCH.TO
iShares China Index ETF		2.25%2.11%1.54%2.86%2.35%1.50%2.17%2.50%2.45%2.41%2.21%2.58%
XEQT.TO
iShares Core Equity ETF Portfolio		1.48%1.66%2.01%2.07%2.12%1.64%1.66%1.19%0.00%0.00%0.00%0.00%

Frequently Asked Questions

XCH.TO and XEQT.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

XCH.TO is categorized as China Equities, while XEQT.TO is Global Equities. Their fees differ too: 0.87% for XCH.TO and 0.20% for XEQT.TO.

Portfolio Optimizer

Find the right allocation for XCH.TO and XEQT.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer