XDSR.TO vs. CLF.TO
XDSR.TO (iShares ESG Advanced MSCI EAFE Index ETF) and CLF.TO (iShares 1-5 Year Laddered Government Bond Index ETF) are both exchange-traded funds - XDSR.TO is a Foreign Large Cap Equities fund tracking the MSCI EAFE Choice ESG Screened Index, while CLF.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD. Both are passively managed. Over the past 5 years, XDSR.TO returned 9.57%/yr vs 1.76%/yr for CLF.TO. At a 0.15 correlation, their price movements are largely independent. XDSR.TO charges 0.28%/yr vs 0.17%/yr for CLF.TO.
Performance
XDSR.TO vs. CLF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XDSR.TO achieves a 15.63% return, which is significantly higher than CLF.TO's 1.02% return.
XDSR.TO
- 1D
- 0.18%
- 1M
- 0.72%
- 6M
- 10.76%
- YTD
- 15.63%
- 1Y
- 23.34%
- 3Y*
- 16.60%
- 5Y*
- 9.57%
- 10Y*
- —
CLF.TO
- 1D
- 0.11%
- 1M
- -0.10%
- 6M
- 0.73%
- YTD
- 1.02%
- 1Y
- 3.16%
- 3Y*
- 4.29%
- 5Y*
- 1.76%
- 10Y*
- 1.61%
XDSR.TO vs. CLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF | 15.63% | 16.99% | 12.43% | 16.82% | -14.11% | 10.06% | 23.07% |
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF | 1.02% | 3.36% | 4.82% | 4.58% | -3.98% | -1.27% | 0.97% |
Correlation
The correlation between XDSR.TO and CLF.TO 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 | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2020 | 0.15 |
Over the past year, XDSR.TO and CLF.TO have become more correlated (0.41) than their long-term average of 0.15, meaning their price movements have been converging.
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Return for Risk
XDSR.TO vs. CLF.TO — Risk / Return Rank
XDSR.TO
CLF.TO
XDSR.TO vs. CLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI EAFE Index ETF (XDSR.TO) and iShares 1-5 Year Laddered Government Bond Index ETF (CLF.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.
| XDSR.TO | CLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.30 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.34 | -0.40 |
| Martin ratioReturn relative to average drawdown | 7.60 | 6.93 | +0.68 |
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Drawdowns
XDSR.TO vs. CLF.TO - Drawdown Comparison
The maximum XDSR.TO drawdown since its inception was -29.62%, which is greater than CLF.TO's maximum drawdown of -6.91%. Use the drawdown chart below to compare losses from any high point for XDSR.TO and CLF.TO.
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Drawdown Indicators
| XDSR.TO | CLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.62% | -6.91% | -22.71% |
Max Drawdown (1Y)Largest decline over 1 year | -12.06% | -1.35% | -10.71% |
Max Drawdown (3Y)Largest decline over 3 years | -15.63% | -1.40% | -14.23% |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | -6.80% | -22.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.91% | — |
Current DrawdownCurrent decline from peak | -2.00% | -0.28% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -1.07% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 0.46% | +2.62% |
Volatility
XDSR.TO vs. CLF.TO - Volatility Comparison
iShares ESG Advanced MSCI EAFE Index ETF (XDSR.TO) has a higher volatility of 4.47% compared to iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO) at 0.51%. This indicates that XDSR.TO's price experiences larger fluctuations and is considered to be riskier than CLF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDSR.TO | CLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 0.51% | +3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 1.53% | +12.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.90% | 2.03% | +13.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.05% | 2.99% | +12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.82% | 3.36% | +11.46% |
XDSR.TO vs. CLF.TO - Expense Ratio Comparison
XDSR.TO has a 0.28% expense ratio, which is higher than CLF.TO's 0.17% expense ratio.
Dividends
XDSR.TO vs. CLF.TO - Dividend Comparison
XDSR.TO's dividend yield for the trailing twelve months is around 1.70%, less than CLF.TO's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF | 2.26% | 2.22% | 2.22% | 2.23% | 2.10% | 1.98% | 2.15% | 2.46% | 2.67% | 2.91% | 3.12% | 3.29% |
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF | 1.70% | 1.83% | 1.94% | 1.94% | 2.27% | 1.45% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDSR.TO and CLF.TO 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, CLF.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CLF.TO is cheaper with a 0.17% expense ratio, compared with 0.28% for XDSR.TO.
XDSR.TO is categorized as Foreign Large Cap Equities, while CLF.TO is Canadian Government Bonds. XDSR.TO tracks MSCI EAFE Choice ESG Screened Index, while CLF.TO tracks Morningstar Can 1-5Y Core Bd GR CAD. Their fees differ too: 0.28% for XDSR.TO and 0.17% for CLF.TO.
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