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XDSR.TO vs. ESGE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XDSR.TO vs. ESGE.TO

Last updated Jul 16, 2026
Documentation

XDSR.TO (iShares ESG Advanced MSCI EAFE Index ETF) and ESGE.TO (BMO MSCI EAFE Selection Equity Index ETF) are both Foreign Large Cap Equities funds. Over the past 5 years, XDSR.TO returned 9.57%/yr vs 9.94%/yr for ESGE.TO. A 0.74 correlation means they provide meaningful diversification when combined.

Performance

XDSR.TO vs. ESGE.TO - 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 BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO). The values are adjusted to include any dividend payments, if applicable.

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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 ESGE.TO's 13.32% 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*
—

ESGE.TO

1D
0.29%
1M
0.93%
6M
8.94%
YTD
13.32%
1Y
24.17%
3Y*
15.70%
5Y*
9.94%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDSR.TO vs. ESGE.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
XDSR.TO
iShares ESG Advanced MSCI EAFE Index ETF		15.63%16.99%12.43%16.82%-14.11%10.06%23.07%
ESGE.TO
BMO MSCI EAFE Selection Equity Index ETF		13.32%19.50%10.61%15.06%-11.25%11.14%20.24%

Correlation

The correlation between XDSR.TO and ESGE.TO is 0.89, 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

0.89

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

0.81

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

0.78

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2020

0.74

The correlation between XDSR.TO and ESGE.TO shifts across timeframes, from 0.74 (all time) to 0.89 (1 year), reflecting how their relationship changes across market environments.

XDSR.TO vs. ESGE.TO - Sectors Allocation Comparison

Sectors
XDSR.TO
ESGE.TO

Financial Services

31.5%
23.0%

Technology

19.9%
14.3%

Industrials

15.6%
18.1%

Healthcare

9.8%
10.0%

Communication Services

7.6%
6.2%

Basic Materials

4.9%
6.1%

Consumer Cyclical

4.6%
6.8%

Real Estate

3.3%
1.9%

Consumer Defensive

2.2%
6.2%

Utilities

0.7%
4.3%

Energy

-

3.1%

Financial Services

XDSR.TO
31.5%
ESGE.TO
23.0%

Technology

XDSR.TO
19.9%
ESGE.TO
14.3%

Industrials

XDSR.TO
15.6%
ESGE.TO
18.1%

Healthcare

XDSR.TO
9.8%
ESGE.TO
10.0%

Communication Services

XDSR.TO
7.6%
ESGE.TO
6.2%

Basic Materials

XDSR.TO
4.9%
ESGE.TO
6.1%

Consumer Cyclical

XDSR.TO
4.6%
ESGE.TO
6.8%

Real Estate

XDSR.TO
3.3%
ESGE.TO
1.9%

Consumer Defensive

XDSR.TO
2.2%
ESGE.TO
6.2%

Utilities

XDSR.TO
0.7%
ESGE.TO
4.3%

Energy

XDSR.TO

-

ESGE.TO
3.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares ESG Advanced MSCI EAFE Index ETF

BMO MSCI EAFE Selection Equity Index ETF

Often compared with XDSR.TO:
XDSR.TO vs. XSEA.TOXDSR.TO vs. XSEM.TOXDSR.TO vs. XEN.TOXDSR.TO vs. XAW.TOXDSR.TO vs. IMTMXDSR.TO vs. XUSR.TOXDSR.TO vs. ZXM.TO
Often compared with ESGE.TO:
ESGE.TO vs. ZLD.TOESGE.TO vs. ZXM.TOESGE.TO vs. XSEA.TOESGE.TO vs. FLUR.NEOESGE.TO vs. ZNQ.TOESGE.TO vs. ZCN.TOESGE.TO vs. ZDV.TO

Return for Risk

XDSR.TO vs. ESGE.TO — 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: 5252
Overall Rank
XDSR.TO Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
XDSR.TO Sortino Ratio Rank: 5454
Sortino Ratio Rank
XDSR.TO Omega Ratio Rank: 5252
Omega Ratio Rank
XDSR.TO Calmar Ratio Rank: 4747
Calmar Ratio Rank
XDSR.TO Martin Ratio Rank: 5454
Martin Ratio Rank
ESGE.TO
ESGE.TO Risk / Return Rank: 5959
Overall Rank
ESGE.TO Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
ESGE.TO Sortino Ratio Rank: 6262
Sortino Ratio Rank
ESGE.TO Omega Ratio Rank: 6060
Omega Ratio Rank
ESGE.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
ESGE.TO Martin Ratio Rank: 5959
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.

XDSR.TO vs. ESGE.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 BMO MSCI EAFE Selection Equity Index ETF (ESGE.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.TOESGE.TODifference
Sharpe ratioReturn per unit of total volatility
1.48
1.66

-0.19

Sortino ratioReturn per unit of downside risk
2.16
2.36

-0.21

Omega ratioGain probability vs. loss probability

1.27

1.30

-0.03

Calmar ratioReturn relative to maximum drawdown

1.94

2.17

-0.23

Martin ratioReturn relative to average drawdown

7.60

8.33

-0.73

XDSR.TO vs. ESGE.TO - Sharpe Ratio Comparison

The current XDSR.TO Sharpe Ratio is 1.48, which is comparable to the ESGE.TO Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of XDSR.TO and ESGE.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.

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Drawdowns

XDSR.TO vs. ESGE.TO - Drawdown Comparison

The maximum XDSR.TO drawdown since its inception was -29.62%, which is greater than ESGE.TO's maximum drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for XDSR.TO and ESGE.TO.

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Drawdown Indicators

XDSR.TOESGE.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.62%

-27.77%

-1.85%

Max Drawdown (1Y)

Largest decline over 1 year

-12.06%

-11.17%

-0.89%

Max Drawdown (3Y)

Largest decline over 3 years

-15.63%

-14.68%

-0.95%

Max Drawdown (5Y)

Largest decline over 5 years

-29.62%

-25.79%

-3.83%

Current Drawdown

Current decline from peak

-2.00%

-2.11%

+0.11%

Average Drawdown

Average peak-to-trough decline

-6.24%

-5.27%

-0.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

2.91%

+0.17%

Volatility

XDSR.TO vs. ESGE.TO - Volatility Comparison

iShares ESG Advanced MSCI EAFE Index ETF (XDSR.TO) has a higher volatility of 4.47% compared to BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO) at 3.72%. This indicates that XDSR.TO's price experiences larger fluctuations and is considered to be riskier than ESGE.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.TOESGE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.47%

3.72%

+0.75%

Volatility (6M)

Calculated over the trailing 6-month period

13.61%

12.58%

+1.03%

Volatility (1Y)

Calculated over the trailing 1-year period

15.90%

14.63%

+1.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.05%

13.85%

+1.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.82%

16.27%

-1.45%

Dividends

XDSR.TO vs. ESGE.TO - Dividend Comparison

XDSR.TO's dividend yield for the trailing twelve months is around 1.70%, less than ESGE.TO's 1.77% yield.

PositionTTM202520242023202220212020
ESGE.TO
BMO MSCI EAFE Selection Equity Index ETF		1.77%2.10%2.60%2.89%2.95%2.54%2.75%
XDSR.TO
iShares ESG Advanced MSCI EAFE Index ETF		1.70%1.83%1.94%1.94%2.27%1.45%0.77%

Frequently Asked Questions

XDSR.TO and ESGE.TO have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and BMO.

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