XCH.TO vs. XSAB.TO
XCH.TO (iShares China Index ETF) and XSAB.TO (iShares ESG Aware Canadian Aggregate Bond Index ETF) are both exchange-traded funds - XCH.TO is a China Equities fund tracking the Morningstar China GR CAD, while XSAB.TO is a Canadian Government Bonds fund tracking the Morningstar Can Core Bd GR CAD. Both are passively managed. Over the past 5 years, XCH.TO returned -0.72%/yr vs 0.54%/yr for XSAB.TO. At a 0.01 correlation, their price movements are largely independent. XCH.TO charges 0.87%/yr vs 0.17%/yr for XSAB.TO.
Performance
XCH.TO vs. XSAB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XCH.TO achieves a -6.21% return, which is significantly lower than XSAB.TO's 1.61% 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%
XSAB.TO
- 1D
- 0.00%
- 1M
- 1.23%
- YTD
- 1.61%
- 6M
- 1.99%
- 1Y
- 3.71%
- 3Y*
- 4.52%
- 5Y*
- 0.54%
- 10Y*
- —
XCH.TO vs. XSAB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XCH.TO iShares China Index ETF | -6.21% | 22.48% | 39.50% | -14.76% | -15.40% | -20.56% | 7.17% | -1.31% |
XSAB.TO iShares ESG Aware Canadian Aggregate Bond Index ETF | 1.61% | 2.22% | 4.03% | 6.35% | -11.42% | -2.71% | 7.79% | 2.30% |
Correlation
The correlation between XCH.TO and XSAB.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2019 | 0.01 |
The correlation between XCH.TO and XSAB.TO shifts across timeframes, from 0.01 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XCH.TO vs. XSAB.TO — Risk / Return Rank
XCH.TO
XSAB.TO
XCH.TO vs. XSAB.TO - 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 Canadian Aggregate Bond Index ETF (XSAB.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.
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.TO | XSAB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.14 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 1.24 | -1.29 |
| Martin ratioReturn relative to average drawdown | -0.09 | 2.90 | -2.99 |
Loading charts...
Drawdowns
XCH.TO vs. XSAB.TO - Drawdown Comparison
The maximum XCH.TO drawdown since its inception was -58.02%, which is greater than XSAB.TO's maximum drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for XCH.TO and XSAB.TO.
Loading charts...
Drawdown Indicators
| XCH.TO | XSAB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.02% | -17.96% | -40.06% |
Max Drawdown (1Y)Largest decline over 1 year | -16.51% | -2.72% | -13.79% |
Max Drawdown (3Y)Largest decline over 3 years | -27.28% | -5.30% | -21.98% |
Max Drawdown (5Y)Largest decline over 5 years | -50.32% | -15.66% | -34.66% |
Max Drawdown (10Y)Largest decline over 10 years | -58.02% | — | — |
Current DrawdownCurrent decline from peak | -21.70% | -1.87% | -19.83% |
Average DrawdownAverage peak-to-trough decline | -20.40% | -6.46% | -13.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.55% | 1.16% | +7.39% |
Volatility
XCH.TO vs. XSAB.TO - Volatility Comparison
iShares China Index ETF (XCH.TO) has a higher volatility of 5.94% compared to iShares ESG Aware Canadian Aggregate Bond Index ETF (XSAB.TO) at 1.47%. This indicates that XCH.TO's price experiences larger fluctuations and is considered to be riskier than XSAB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XCH.TO | XSAB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 1.47% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.42% | 3.20% | +10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.18% | 4.22% | +14.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.79% | 6.31% | +23.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.71% | 6.64% | +19.07% |
XCH.TO vs. XSAB.TO - Expense Ratio Comparison
XCH.TO has a 0.87% expense ratio, which is higher than XSAB.TO's 0.17% expense ratio.
Dividends
XCH.TO vs. XSAB.TO - Dividend Comparison
XCH.TO's dividend yield for the trailing twelve months is around 2.25%, less than XSAB.TO's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XSAB.TO iShares ESG Aware Canadian Aggregate Bond Index ETF | 3.26% | 3.20% | 3.01% | 2.81% | 2.75% | 2.35% | 2.49% | 2.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XCH.TO and XSAB.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSAB.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSAB.TO is cheaper with a 0.17% expense ratio, compared with 0.87% for XCH.TO.
XCH.TO is categorized as China Equities, while XSAB.TO is Canadian Government Bonds. XCH.TO tracks Morningstar China GR CAD, while XSAB.TO tracks Morningstar Can Core Bd GR CAD. Their fees differ too: 0.87% for XCH.TO and 0.17% for XSAB.TO.
Find the right allocation for XCH.TO and XSAB.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