XEH.TO vs. IWY
Compare and contrast key facts about iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) and iShares Russell Top 200 Growth ETF (IWY).
XEH.TO and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEH.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Eur GR CAD. It was launched on Apr 22, 2014. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both XEH.TO and IWY 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: XEH.TO or IWY.
Correlation
The correlation between XEH.TO and IWY is 0.54, 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
XEH.TO vs. IWY - Performance Comparison
Key characteristics
XEH.TO:
1.41
IWY:
1.47
XEH.TO:
2.04
IWY:
1.97
XEH.TO:
1.25
IWY:
1.27
XEH.TO:
2.32
IWY:
1.95
XEH.TO:
6.56
IWY:
7.11
XEH.TO:
2.22%
IWY:
3.80%
XEH.TO:
10.37%
IWY:
18.45%
XEH.TO:
-35.81%
IWY:
-32.68%
XEH.TO:
-1.08%
IWY:
-3.34%
Returns By Period
In the year-to-date period, XEH.TO achieves a 9.05% return, which is significantly higher than IWY's 0.43% return. Over the past 10 years, XEH.TO has underperformed IWY with an annualized return of 7.35%, while IWY has yielded a comparatively higher 17.40% annualized return.
XEH.TO
9.05%
4.19%
6.07%
13.51%
7.78%
7.35%
IWY
0.43%
-2.89%
9.77%
23.56%
19.75%
17.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XEH.TO vs. IWY - Expense Ratio Comparison
XEH.TO has a 0.28% expense ratio, which is higher than IWY's 0.20% expense ratio.
Risk-Adjusted Performance
XEH.TO vs. IWY — Risk-Adjusted Performance Rank
XEH.TO
IWY
XEH.TO vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) and iShares Russell Top 200 Growth ETF (IWY). 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
XEH.TO vs. IWY - Dividend Comparison
XEH.TO's dividend yield for the trailing twelve months is around 2.48%, more than IWY's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEH.TO iShares MSCI Europe IMI Index ETF (CAD-Hedged) | 2.48% | 2.71% | 2.98% | 3.13% | 2.39% | 1.98% | 3.48% | 3.35% | 2.19% | 2.35% | 2.24% | 4.70% |
IWY iShares Russell Top 200 Growth ETF | 0.42% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
Drawdowns
XEH.TO vs. IWY - Drawdown Comparison
The maximum XEH.TO drawdown since its inception was -35.81%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for XEH.TO and IWY. For additional features, visit the drawdowns tool.
Volatility
XEH.TO vs. IWY - Volatility Comparison
The current volatility for iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) is 2.75%, while iShares Russell Top 200 Growth ETF (IWY) has a volatility of 5.39%. This indicates that XEH.TO experiences smaller price fluctuations and is considered to be less risky than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.