XCNS.TO vs. CEQT.TO
XCNS.TO (iShares Core Conservative Balanced ETF Portfolio) and CEQT.TO (CI Equity Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past 3 years, XCNS.TO returned 11.09%/yr vs 22.17%/yr for CEQT.TO. At a 0.27 correlation, their price movements are largely independent. XCNS.TO charges 0.20%/yr vs 0.30%/yr for CEQT.TO.
Performance
XCNS.TO vs. CEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XCNS.TO achieves a 5.93% return, which is significantly lower than CEQT.TO's 13.14% return.
XCNS.TO
- 1D
- 0.34%
- 1M
- 3.18%
- YTD
- 5.93%
- 6M
- 4.54%
- 1Y
- 12.96%
- 3Y*
- 11.09%
- 5Y*
- 5.78%
- 10Y*
- —
CEQT.TO
- 1D
- 0.75%
- 1M
- 6.39%
- YTD
- 13.14%
- 6M
- 12.94%
- 1Y
- 32.12%
- 3Y*
- 22.17%
- 5Y*
- —
- 10Y*
- —
XCNS.TO vs. CEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XCNS.TO iShares Core Conservative Balanced ETF Portfolio | 5.93% | 9.44% | 11.73% | 5.89% |
CEQT.TO CI Equity Asset Allocation ETF | 13.14% | 18.84% | 27.38% | 6.47% |
Correlation
The correlation between XCNS.TO and CEQT.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since May 18, 2023 | 0.27 |
The correlation between XCNS.TO and CEQT.TO shifts across timeframes, from 0.27 (3 years) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XCNS.TO vs. CEQT.TO — Risk / Return Rank
XCNS.TO
CEQT.TO
XCNS.TO vs. CEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) and CI Equity Asset Allocation ETF (CEQT.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.
| XCNS.TO | CEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 2.03 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 4.44 | -1.77 |
| Martin ratioReturn relative to average drawdown | 10.44 | 17.96 | -7.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XCNS.TO | CEQT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 3.05 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 1.67 | -0.81 |
Drawdowns
XCNS.TO vs. CEQT.TO - Drawdown Comparison
The maximum XCNS.TO drawdown since its inception was -16.96%, which is greater than CEQT.TO's maximum drawdown of -14.02%. Use the drawdown chart below to compare losses from any high point for XCNS.TO and CEQT.TO.
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Drawdown Indicators
| XCNS.TO | CEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.96% | -14.02% | -2.94% |
Max Drawdown (1Y)Largest decline over 1 year | -4.86% | -7.26% | +2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -6.40% | -14.02% | +7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -16.09% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | 0.00% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -3.49% | -1.19% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 1.79% | -0.55% |
Volatility
XCNS.TO vs. CEQT.TO - Volatility Comparison
The current volatility for iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) is 3.14%, while CI Equity Asset Allocation ETF (CEQT.TO) has a volatility of 3.70%. This indicates that XCNS.TO experiences smaller price fluctuations and is considered to be less risky than CEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCNS.TO | CEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 3.70% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 5.72% | 8.81% | -3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.67% | 10.58% | -3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.86% | 13.11% | -6.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 13.11% | -5.50% |
XCNS.TO vs. CEQT.TO - Expense Ratio Comparison
XCNS.TO has a 0.20% expense ratio, which is lower than CEQT.TO's 0.30% expense ratio.
Dividends
XCNS.TO vs. CEQT.TO - Dividend Comparison
XCNS.TO's dividend yield for the trailing twelve months is around 2.49%, more than CEQT.TO's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CEQT.TO CI Equity Asset Allocation ETF | 0.90% | 1.25% | 1.82% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% |
XCNS.TO iShares Core Conservative Balanced ETF Portfolio | 2.49% | 2.55% | 2.58% | 2.49% | 2.26% | 1.81% | 2.15% | 0.92% |
Frequently Asked Questions
XCNS.TO and CEQT.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCNS.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCNS.TO is cheaper with a 0.20% expense ratio, compared with 0.30% for CEQT.TO.
They also come from different issuers: iShares and CI. Their fees differ too: 0.20% for XCNS.TO and 0.30% for CEQT.TO.
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