XDSR.TO vs. XCSR.TO

Last updated Jun 4, 2026

XDSR.TO (iShares ESG Advanced MSCI EAFE Index ETF) and XCSR.TO (iShares ESG Advanced MSCI Canada 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 XCSR.TO is a Canada Equities fund tracking the Morningstar Canada GR CAD. Both are passively managed. Over the past 5 years, XDSR.TO returned 9.25%/yr vs 13.38%/yr for XCSR.TO. A 0.55 correlation means they provide meaningful diversification when combined. XDSR.TO charges 0.28%/yr vs 0.17%/yr for XCSR.TO.

Performance

XDSR.TO vs. XCSR.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 iShares ESG Advanced MSCI Canada Index ETF (XCSR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDSR.TO achieves a 11.94% return, which is significantly higher than XCSR.TO's 6.62% return.

XDSR.TO

• 1D: -0.28%
• 1M: 7.47%
• YTD: 11.94%
• 6M: 11.21%
• 1Y: 19.37%
• 3Y*: 15.96%
• 5Y*: 9.25%
• 10Y*: —

XCSR.TO

• 1D: -1.10%
• 1M: 4.20%
• YTD: 6.62%
• 6M: 7.53%
• 1Y: 30.67%
• 3Y*: 24.50%
• 5Y*: 13.38%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF	11.94%	16.05%	12.43%	16.82%	-14.11%	10.05%	161.23%
XCSR.TO iShares ESG Advanced MSCI Canada Index ETF	6.62%	35.35%	23.27%	15.18%	-14.41%	22.30%	25.76%

Correlation

The correlation between XDSR.TO and XCSR.TO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020	0.55

The correlation between XDSR.TO and XCSR.TO has been stable across timeframes, ranging from 0.55 to 0.61 - a consistent structural relationship.

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

Sectors	XDSR.TO	XCSR.TO
Financial Services	28.9%	49.4%
Technology	19.4%	14.2%
Industrials	14.1%	6.1%
Healthcare	9.9%	0.2%
Communication Services	6.1%	1.2%
Basic Materials	4.4%	17.5%
Consumer Cyclical	4.3%	3.0%
Real Estate	3.1%	1.5%
Consumer Defensive	2.5%	5.7%
Utilities	0.5%	1.1%
Energy	-	-

Return for Risk

XDSR.TO vs. XCSR.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: 36
XDSR.TO Sharpe Ratio Rank: 36
XDSR.TO Sortino Ratio Rank: 37
XDSR.TO Omega Ratio Rank: 35
XDSR.TO Calmar Ratio Rank: 33
XDSR.TO Martin Ratio Rank: 40

XCSR.TO

XCSR.TO Risk / Return Rank: 58
XCSR.TO Sharpe Ratio Rank: 60
XCSR.TO Sortino Ratio Rank: 57
XCSR.TO Omega Ratio Rank: 59
XCSR.TO Calmar Ratio Rank: 56
XCSR.TO Martin Ratio Rank: 61

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. XCSR.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 ESG Advanced MSCI Canada Index ETF (XCSR.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.

	XDSR.TO	XCSR.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.29	2.04	-0.75
Sortino ratio: Return per unit of downside risk	1.94	2.76	-0.82
Omega ratio: Gain probability vs. loss probability	1.23	1.36	-0.13
Calmar ratio: Return relative to maximum drawdown	1.61	2.77	-1.16
Martin ratio: Return relative to average drawdown	6.32	11.03	-4.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current XDSR.TO Sharpe Ratio is 1.29, which is lower than the XCSR.TO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of XDSR.TO and XCSR.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.

Sharpe Ratios by Period

	XDSR.TO	XCSR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	2.04	-0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.97	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.08	+0.47

Drawdowns

XDSR.TO vs. XCSR.TO - Drawdown Comparison

The maximum XDSR.TO drawdown since its inception was -29.13%, which is greater than XCSR.TO's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for XDSR.TO and XCSR.TO.

Drawdown Indicators

	XDSR.TO	XCSR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.13%	-23.56%	-5.57%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-11.12%	-0.94%
Max Drawdown (3Y) Largest decline over 3 years	-15.63%	-12.14%	-3.49%
Max Drawdown (5Y) Largest decline over 5 years	-29.13%	-23.56%	-5.57%
Current Drawdown Current decline from peak	-0.28%	-1.10%	+0.82%
Average Drawdown Average peak-to-trough decline	-6.09%	-5.12%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.79%	+0.28%

Volatility

XDSR.TO vs. XCSR.TO - Volatility Comparison

iShares ESG Advanced MSCI EAFE Index ETF (XDSR.TO) has a higher volatility of 4.96% compared to iShares ESG Advanced MSCI Canada Index ETF (XCSR.TO) at 4.10%. This indicates that XDSR.TO's price experiences larger fluctuations and is considered to be riskier than XCSR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDSR.TO	XCSR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	4.10%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	12.48%	12.45%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	15.05%	15.07%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	13.94%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.12%	1,368.32%	-1,320.20%

XDSR.TO vs. XCSR.TO - Expense Ratio Comparison

XDSR.TO has a 0.28% expense ratio, which is higher than XCSR.TO's 0.17% expense ratio.

Dividends

XDSR.TO vs. XCSR.TO - Dividend Comparison

XDSR.TO's dividend yield for the trailing twelve months is around 1.64%, which matches XCSR.TO's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
XCSR.TO iShares ESG Advanced MSCI Canada Index ETF	1.65%	1.73%	2.20%	2.61%	2.78%	1.53%	0.81%
XDSR.TO iShares ESG Advanced MSCI EAFE Index ETF	1.64%	1.84%	1.94%	1.94%	2.27%	1.45%	0.77%

Frequently Asked Questions

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

XDSR.TO and XCSR.TO have a correlation of 0.61, 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 XCSR.TO?

On fees, XCSR.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDSR.TO or XCSR.TO?

XCSR.TO is cheaper with a 0.17% expense ratio, compared with 0.28% for XDSR.TO.

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

XDSR.TO is categorized as Foreign Large Cap Equities, while XCSR.TO is Canada Equities. XDSR.TO tracks MSCI EAFE Choice ESG Screened Index, while XCSR.TO tracks Morningstar Canada GR CAD. Their fees differ too: 0.28% for XDSR.TO and 0.17% for XCSR.TO.