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XEG.TO vs. IDMO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XEG.TO vs. IDMO

Last updated Jun 14, 2026

XEG.TO (iShares S&P/TSX Capped Energy Index ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, XEG.TO returned 11.69%/yr vs 13.60%/yr for IDMO. At a 0.23 correlation, their price movements are largely independent. XEG.TO charges 0.60%/yr vs 0.25%/yr for IDMO.

Performance

XEG.TO vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XEG.TO is traded in CAD, while IDMO is traded in USD. To make them comparable, the IDMO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XEG.TO achieves a 38.53% return, which is significantly higher than IDMO's 10.37% return. Over the past 10 years, XEG.TO has underperformed IDMO with an annualized return of 11.69%, while IDMO has yielded a comparatively higher 13.60% annualized return.

XEG.TO

1D
-0.41%
1M
-3.89%
YTD
38.53%
6M
37.54%
1Y
51.12%
3Y*
26.37%
5Y*
28.03%
10Y*
11.69%

IDMO

1D
1.54%
1M
0.96%
YTD
10.37%
6M
11.66%
1Y
28.17%
3Y*
27.08%
5Y*
18.89%
10Y*
13.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XEG.TO vs. IDMO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		38.53%16.72%14.04%3.55%53.25%83.71%-34.44%9.04%-27.05%-11.17%
IDMO
Invesco S&P International Developed Momentum ETF		10.37%35.68%22.34%17.30%-6.45%14.25%19.11%20.89%-9.65%20.46%

Correlation

The correlation between XEG.TO and IDMO is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.15

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

0.12

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

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Feb 24, 2012

0.23

The correlation between XEG.TO and IDMO shifts across timeframes, from -0.15 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.

XEG.TO vs. IDMO - Sectors Allocation Comparison

Sectors
XEG.TO
IDMO

Energy

100.0%
1.7%

Basic Materials

-

10.6%

Communication Services

-

2.1%

Consumer Cyclical

-

1.5%

Consumer Defensive

-

2.5%

Financial Services

-

43.2%

Healthcare

-

1.1%

Industrials

-

21.3%

Real Estate

-

1.8%

Technology

-

6.2%

Utilities

-

7.9%

Energy

XEG.TO
100.0%
IDMO
1.7%

Basic Materials

XEG.TO

-

IDMO
10.6%

Communication Services

XEG.TO

-

IDMO
2.1%

Consumer Cyclical

XEG.TO

-

IDMO
1.5%

Consumer Defensive

XEG.TO

-

IDMO
2.5%

Financial Services

XEG.TO

-

IDMO
43.2%

Healthcare

XEG.TO

-

IDMO
1.1%

Industrials

XEG.TO

-

IDMO
21.3%

Real Estate

XEG.TO

-

IDMO
1.8%

Technology

XEG.TO

-

IDMO
6.2%

Utilities

XEG.TO

-

IDMO
7.9%

Compare stocks, funds, or ETFs

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

iShares S&P/TSX Capped Energy Index ETF

Invesco S&P International Developed Momentum ETF

Often compared with XEG.TO:
XEG.TO vs. XLEXEG.TO vs. XEQT.TOXEG.TO vs. CNQ.TOXEG.TO vs. HXE.TOXEG.TO vs. ZEO.TOXEG.TO vs. XDIV.TOXEG.TO vs. XCG.TO
Often compared with IDMO:
IDMO vs. MTUMIDMO vs. SPMOIDMO vs. IDHQIDMO vs. VXUSIDMO vs. AVDSIDMO vs. EFGIDMO vs. AVDV

Return for Risk

XEG.TO vs. IDMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XEG.TO
XEG.TO Risk / Return Rank: 8282
Overall Rank
XEG.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 8383
Martin Ratio Rank
IDMO
IDMO Risk / Return Rank: 4444
Overall Rank
IDMO Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
IDMO Sortino Ratio Rank: 4343
Sortino Ratio Rank
IDMO Omega Ratio Rank: 4242
Omega Ratio Rank
IDMO Calmar Ratio Rank: 4343
Calmar Ratio Rank
IDMO Martin Ratio Rank: 5151
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.

XEG.TO vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and Invesco S&P International Developed Momentum ETF (IDMO). 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.

XEG.TOIDMODifference
Sharpe ratioReturn per unit of total volatility
2.41
1.42

+0.99

Sortino ratioReturn per unit of downside risk
2.93
2.09

+0.84

Omega ratioGain probability vs. loss probability

1.39

1.26

+0.13

Calmar ratioReturn relative to maximum drawdown

5.04

2.18

+2.87

Martin ratioReturn relative to average drawdown

14.38

8.88

+5.51

XEG.TO vs. IDMO - Sharpe Ratio Comparison

The current XEG.TO Sharpe Ratio is 2.41, which is higher than the IDMO Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of XEG.TO and IDMO, 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

XEG.TO vs. IDMO - Drawdown Comparison

The maximum XEG.TO drawdown since its inception was -87.51%, which is greater than IDMO's maximum drawdown of -30.46%. Use the drawdown chart below to compare losses from any high point for XEG.TO and IDMO.

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Drawdown Indicators

XEG.TOIDMODifference

Max Drawdown

Largest peak-to-trough decline

-87.51%

-30.46%

-57.05%

Max Drawdown (1Y)

Largest decline over 1 year

-11.12%

-11.93%

+0.81%

Max Drawdown (3Y)

Largest decline over 3 years

-25.67%

-13.13%

-12.54%

Max Drawdown (5Y)

Largest decline over 5 years

-28.42%

-21.90%

-6.52%

Max Drawdown (10Y)

Largest decline over 10 years

-79.66%

-25.51%

-54.15%

Current Drawdown

Current decline from peak

-7.87%

-0.71%

-7.16%

Average Drawdown

Average peak-to-trough decline

-34.55%

-6.98%

-27.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.89%

2.93%

+0.96%

Volatility

XEG.TO vs. IDMO - Volatility Comparison

iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a higher volatility of 9.11% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 8.05%. This indicates that XEG.TO's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XEG.TOIDMODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.11%

8.05%

+1.06%

Volatility (6M)

Calculated over the trailing 6-month period

19.65%

16.28%

+3.37%

Volatility (1Y)

Calculated over the trailing 1-year period

23.30%

18.31%

+4.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.72%

19.00%

+9.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.40%

19.23%

+14.17%

XEG.TO vs. IDMO - Expense Ratio Comparison

XEG.TO has a 0.60% expense ratio, which is higher than IDMO's 0.25% expense ratio.

Dividends

XEG.TO vs. IDMO - Dividend Comparison

XEG.TO's dividend yield for the trailing twelve months is around 2.76%, less than IDMO's 3.52% yield.

PositionTTM20252024202320222021202020192018201720162015
IDMO
Invesco S&P International Developed Momentum ETF		3.52%3.71%2.24%2.89%3.66%1.81%1.63%2.78%3.27%3.08%2.18%2.52%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.76%3.63%3.46%4.26%3.31%1.64%2.96%2.70%2.25%1.41%1.40%3.58%

Frequently Asked Questions

XEG.TO and IDMO have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IDMO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IDMO is cheaper with a 0.25% expense ratio, compared with 0.60% for XEG.TO.

XEG.TO is categorized as Energy Equities, while IDMO is Momentum. XEG.TO tracks S&P/TSX Capped Energy Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.60% for XEG.TO and 0.25% for IDMO.

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