XEG.TO vs. CNQ.TO
Compare and contrast key facts about iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and Canadian Natural Resources Limited (CNQ.TO).
XEG.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Capped Energy Index. It was launched on Mar 19, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEG.TO or CNQ.TO.
Key characteristics
| XEG.TO | CNQ.TO | |
|---|---|---|
| YTD Return | 16.93% | 13.70% |
| 1Y Return | 9.40% | 12.11% |
| 3Y Return (Ann) | 23.07% | 29.09% |
| 5Y Return (Ann) | 19.71% | 26.91% |
| 10Y Return (Ann) | 3.66% | 11.69% |
| Sharpe Ratio | 0.51 | 0.53 |
| Sortino Ratio | 0.82 | 0.88 |
| Omega Ratio | 1.10 | 1.11 |
| Calmar Ratio | 0.48 | 0.65 |
| Martin Ratio | 1.61 | 1.36 |
| Ulcer Index | 7.14% | 10.11% |
| Daily Std Dev | 22.51% | 25.81% |
| Max Drawdown | -87.73% | -79.68% |
| Current Drawdown | -8.76% | -13.27% |
Correlation
The correlation between XEG.TO and CNQ.TO is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XEG.TO vs. CNQ.TO - Performance Comparison
In the year-to-date period, XEG.TO achieves a 16.93% return, which is significantly higher than CNQ.TO's 13.70% return. Over the past 10 years, XEG.TO has underperformed CNQ.TO with an annualized return of 3.66%, while CNQ.TO has yielded a comparatively higher 11.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
XEG.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and Canadian Natural Resources Limited (CNQ.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
XEG.TO vs. CNQ.TO - Dividend Comparison
XEG.TO's dividend yield for the trailing twelve months is around 2.98%, less than CNQ.TO's 4.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.98% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% | 2.56% | 2.32% |
CNQ.TO Canadian Natural Resources Limited | 4.37% | 4.26% | 6.08% | 3.66% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XEG.TO vs. CNQ.TO - Drawdown Comparison
The maximum XEG.TO drawdown since its inception was -87.73%, which is greater than CNQ.TO's maximum drawdown of -79.68%. Use the drawdown chart below to compare losses from any high point for XEG.TO and CNQ.TO. For additional features, visit the drawdowns tool.
Volatility
XEG.TO vs. CNQ.TO - Volatility Comparison
The current volatility for iShares S&P/TSX Capped Energy Index ETF (XEG.TO) is 6.62%, while Canadian Natural Resources Limited (CNQ.TO) has a volatility of 7.25%. This indicates that XEG.TO experiences smaller price fluctuations and is considered to be less risky than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.