XEG.TO vs. XSP.TO
Compare and contrast key facts about iShares S&P/TSX Capped Energy Index ETF (XEG.TO) and iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO).
XEG.TO and XSP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XSP.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 24, 2001. Both XEG.TO and XSP.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: XEG.TO or XSP.TO.
Key characteristics
| XEG.TO | XSP.TO | |
|---|---|---|
| YTD Return | 16.93% | 25.97% |
| 1Y Return | 9.40% | 35.83% |
| 3Y Return (Ann) | 23.07% | 8.81% |
| 5Y Return (Ann) | 19.71% | 14.32% |
| 10Y Return (Ann) | 3.66% | 11.99% |
| Sharpe Ratio | 0.51 | 3.14 |
| Sortino Ratio | 0.82 | 4.26 |
| Omega Ratio | 1.10 | 1.59 |
| Calmar Ratio | 0.48 | 4.60 |
| Martin Ratio | 1.61 | 20.99 |
| Ulcer Index | 7.14% | 1.81% |
| Daily Std Dev | 22.51% | 12.03% |
| Max Drawdown | -87.73% | -57.82% |
| Current Drawdown | -8.76% | 0.00% |
Correlation
The correlation between XEG.TO and XSP.TO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XEG.TO vs. XSP.TO - Performance Comparison
In the year-to-date period, XEG.TO achieves a 16.93% return, which is significantly lower than XSP.TO's 25.97% return. Over the past 10 years, XEG.TO has underperformed XSP.TO with an annualized return of 3.66%, while XSP.TO has yielded a comparatively higher 11.99% 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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XEG.TO vs. XSP.TO - Expense Ratio Comparison
XEG.TO has a 0.61% expense ratio, which is higher than XSP.TO's 0.09% expense ratio.
Risk-Adjusted Performance
XEG.TO vs. XSP.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 iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.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. XSP.TO - Dividend Comparison
XEG.TO's dividend yield for the trailing twelve months is around 2.98%, more than XSP.TO's 0.99% 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% |
XSP.TO iShares Core S&P 500 Index ETF (CAD-Hedged) | 0.99% | 1.18% | 1.37% | 1.00% | 1.31% | 1.73% | 1.84% | 1.47% | 1.75% | 1.86% | 1.54% | 1.46% |
Drawdowns
XEG.TO vs. XSP.TO - Drawdown Comparison
The maximum XEG.TO drawdown since its inception was -87.73%, which is greater than XSP.TO's maximum drawdown of -57.82%. Use the drawdown chart below to compare losses from any high point for XEG.TO and XSP.TO. For additional features, visit the drawdowns tool.
Volatility
XEG.TO vs. XSP.TO - Volatility Comparison
iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a higher volatility of 6.62% compared to iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO) at 4.01%. This indicates that XEG.TO's price experiences larger fluctuations and is considered to be riskier than XSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.