XDSR.TO vs. ESGD

Last updated Jun 25, 2026

XDSR.TO (iShares ESG Advanced MSCI EAFE Index ETF) and ESGD (iShares ESG Aware MSCI EAFE ETF) are both Foreign Large Cap Equities funds from iShares - XDSR.TO tracks the MSCI EAFE Choice ESG Screened Index while ESGD tracks the MSCI EAFE Extended ESG Focus Index. Both are passively managed. Over the past 5 years, XDSR.TO returned 9.70%/yr vs 11.18%/yr for ESGD. A 0.59 correlation means they provide meaningful diversification when combined. XDSR.TO charges 0.28%/yr vs 0.20%/yr for ESGD.

Performance

XDSR.TO vs. ESGD - Performance Comparison

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

Different Trading Currencies

XDSR.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, XDSR.TO achieves a 14.81% return, which is significantly higher than ESGD's 12.20% return.

XDSR.TO

• 1D: 0.04%
• 1M: 2.38%
• YTD: 14.81%
• 6M: 14.47%
• 1Y: 22.18%
• 3Y*: 18.18%
• 5Y*: 9.70%
• 10Y*: —

ESGD

• 1D: 0.24%
• 1M: 3.20%
• YTD: 12.20%
• 6M: 11.76%
• 1Y: 23.50%
• 3Y*: 19.09%
• 5Y*: 11.18%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDSR.TO vs. ESGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF	14.81%	16.99%	12.43%	16.82%	-14.11%	10.06%	23.07%
ESGD iShares ESG Aware MSCI EAFE ETF	12.20%	23.72%	12.76%	15.72%	-9.80%	11.74%	21.04%

Correlation

The correlation between XDSR.TO and ESGD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Apr 29, 2020	0.59

Over the past year, XDSR.TO and ESGD have become more correlated (0.82) than their long-term average of 0.59, meaning their price movements have been converging.

XDSR.TO vs. ESGD - Sectors Allocation Comparison

Sectors	XDSR.TO	ESGD
Financial Services	31.5%	26.6%
Technology	19.9%	13.2%
Industrials	15.6%	18.4%
Healthcare	9.8%	9.5%
Communication Services	7.6%	4.2%
Basic Materials	4.9%	5.6%
Consumer Cyclical	4.6%	6.6%
Real Estate	3.3%	1.6%
Consumer Defensive	2.2%	6.8%
Utilities	0.7%	3.6%
Energy	-	3.4%

Return for Risk

XDSR.TO vs. ESGD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDSR.TO

XDSR.TO Risk / Return Rank: 45
XDSR.TO Sharpe Ratio Rank: 46
XDSR.TO Sortino Ratio Rank: 48
XDSR.TO Omega Ratio Rank: 45
XDSR.TO Calmar Ratio Rank: 42
XDSR.TO Martin Ratio Rank: 48

ESGD

ESGD Risk / Return Rank: 38
ESGD Sharpe Ratio Rank: 38
ESGD Sortino Ratio Rank: 38
ESGD Omega Ratio Rank: 37
ESGD Calmar Ratio Rank: 36
ESGD Martin Ratio Rank: 41

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.

XDSR.TO vs. ESGD - 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 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.

	XDSR.TO	ESGD	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.45	-0.03
Sortino ratio: Return per unit of downside risk	2.10	2.09	+0.01
Omega ratio: Gain probability vs. loss probability	1.26	1.26	0.00
Calmar ratio: Return relative to maximum drawdown	1.85	2.08	-0.23
Martin ratio: Return relative to average drawdown	7.25	7.76	-0.50

XDSR.TO vs. ESGD - Sharpe Ratio Comparison

The current XDSR.TO Sharpe Ratio is 1.42, which is comparable to the ESGD Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of XDSR.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.

Drawdowns

XDSR.TO vs. ESGD - Drawdown Comparison

The maximum XDSR.TO drawdown since its inception was -29.62%, roughly equal to the maximum ESGD drawdown of -29.34%. Use the drawdown chart below to compare losses from any high point for XDSR.TO and ESGD.

Drawdown Indicators

	XDSR.TO	ESGD	Difference
Max Drawdown Largest peak-to-trough decline	-29.62%	-29.34%	-0.28%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-11.36%	-0.70%
Max Drawdown (3Y) Largest decline over 3 years	-15.63%	-14.37%	-1.26%
Max Drawdown (5Y) Largest decline over 5 years	-29.62%	-24.27%	-5.35%
Current Drawdown Current decline from peak	-2.23%	-2.02%	-0.21%
Average Drawdown Average peak-to-trough decline	-6.29%	-4.23%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	3.04%	+0.03%

Volatility

XDSR.TO vs. ESGD - Volatility Comparison

iShares ESG Advanced MSCI EAFE Index ETF (XDSR.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD) have volatilities of 5.58% and 5.81%, 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.

Volatility by Period

	XDSR.TO	ESGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	5.81%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	13.41%	13.87%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	16.28%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	17.76%	-2.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.82%	18.10%	-3.28%

XDSR.TO vs. ESGD - Expense Ratio Comparison

XDSR.TO has a 0.28% expense ratio, which is higher than ESGD's 0.20% expense ratio.

Dividends

XDSR.TO vs. ESGD - Dividend Comparison

XDSR.TO's dividend yield for the trailing twelve months is around 1.59%, less than ESGD's 3.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ESGD iShares ESG Aware MSCI EAFE ETF	3.38%	3.60%	3.23%	3.02%	2.59%	2.75%	1.63%	2.57%	2.69%	2.65%	0.09%
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF	1.59%	1.83%	1.94%	1.94%	2.27%	1.45%	0.77%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDSR.TO and ESGD in my portfolio?

XDSR.TO and ESGD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDSR.TO or ESGD?

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.

Which ETF is cheaper, XDSR.TO or ESGD?

ESGD is cheaper with a 0.20% expense ratio, compared with 0.28% for XDSR.TO.

What is the main difference between XDSR.TO and ESGD?

XDSR.TO tracks MSCI EAFE Choice ESG Screened Index, while ESGD tracks MSCI EAFE Extended ESG Focus Index. Their fees differ too: 0.28% for XDSR.TO and 0.20% for ESGD.