XEF-U.TO vs. ZSP.TO
Compare and contrast key facts about iShares Core MSCI EAFE IMI Index ETF (XEF-U.TO) and BMO S&P 500 Index ETF (ZSP.TO).
XEF-U.TO and ZSP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEF-U.TO is a passively managed fund by iShares that tracks the performance of the MSCI EAFE® Investable Market Index. It was launched on Oct 9, 2019. ZSP.TO is a passively managed fund by BMO that tracks the performance of the S&P 500 Index. It was launched on Nov 14, 2012. Both XEF-U.TO and ZSP.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEF-U.TO or ZSP.TO.
Correlation
The correlation between XEF-U.TO and ZSP.TO is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XEF-U.TO vs. ZSP.TO - Performance Comparison
Key characteristics
XEF-U.TO:
1.24
ZSP.TO:
2.38
XEF-U.TO:
1.94
ZSP.TO:
3.31
XEF-U.TO:
1.22
ZSP.TO:
1.44
XEF-U.TO:
1.35
ZSP.TO:
3.70
XEF-U.TO:
4.37
ZSP.TO:
16.82
XEF-U.TO:
4.67%
ZSP.TO:
1.70%
XEF-U.TO:
15.25%
ZSP.TO:
12.00%
XEF-U.TO:
-33.72%
ZSP.TO:
-26.94%
XEF-U.TO:
-2.72%
ZSP.TO:
-2.59%
Returns By Period
In the year-to-date period, XEF-U.TO achieves a 7.38% return, which is significantly higher than ZSP.TO's 1.40% return.
XEF-U.TO
7.38%
3.71%
0.75%
9.75%
11.52%
N/A
ZSP.TO
1.40%
-2.16%
13.02%
26.12%
15.66%
14.20%
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XEF-U.TO vs. ZSP.TO - Expense Ratio Comparison
XEF-U.TO has a 0.21% expense ratio, which is higher than ZSP.TO's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XEF-U.TO vs. ZSP.TO — Risk-Adjusted Performance Rank
XEF-U.TO
ZSP.TO
XEF-U.TO vs. ZSP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI EAFE IMI Index ETF (XEF-U.TO) and BMO S&P 500 Index ETF (ZSP.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.
Dividends
XEF-U.TO vs. ZSP.TO - Dividend Comparison
XEF-U.TO's dividend yield for the trailing twelve months is around 1.90%, more than ZSP.TO's 0.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEF-U.TO iShares Core MSCI EAFE IMI Index ETF | 1.90% | 2.04% | 2.08% | 2.43% | 1.94% | 1.40% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZSP.TO BMO S&P 500 Index ETF | 0.93% | 0.94% | 1.33% | 1.44% | 1.15% | 1.45% | 1.48% | 1.64% | 1.64% | 2.20% | 1.54% | 1.46% |
Drawdowns
XEF-U.TO vs. ZSP.TO - Drawdown Comparison
The maximum XEF-U.TO drawdown since its inception was -33.72%, which is greater than ZSP.TO's maximum drawdown of -26.94%. Use the drawdown chart below to compare losses from any high point for XEF-U.TO and ZSP.TO. For additional features, visit the drawdowns tool.
Volatility
XEF-U.TO vs. ZSP.TO - Volatility Comparison
iShares Core MSCI EAFE IMI Index ETF (XEF-U.TO) has a higher volatility of 3.74% compared to BMO S&P 500 Index ETF (ZSP.TO) at 3.20%. This indicates that XEF-U.TO's price experiences larger fluctuations and is considered to be riskier than ZSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.