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XEH.TO vs. SUI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XEH.TO vs. SUI

Last updated Jun 16, 2026

XEH.TO (iShares MSCI Europe IMI Index ETF (CAD-Hedged)) is Europe Equities fund tracking the Morningstar Eur GR CAD, while SUI (Sun Communities, Inc.) is a stock. Over the past 10 years, XEH.TO returned 10.47%/yr vs 9.69%/yr for SUI. At a 0.22 correlation, their price movements are largely independent.

Performance

XEH.TO vs. SUI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) and Sun Communities, Inc. (SUI). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, XEH.TO achieves a 8.96% return, which is significantly higher than SUI's 3.29% return. Over the past 10 years, XEH.TO has outperformed SUI with an annualized return of 10.47%, while SUI has yielded a comparatively lower 9.69% annualized return.

XEH.TO

1D
0.34%
1M
4.85%
YTD
8.96%
6M
10.12%
1Y
19.04%
3Y*
13.62%
5Y*
9.41%
10Y*
10.47%

SUI

1D
-2.06%
1M
5.13%
YTD
3.29%
6M
3.62%
1Y
6.89%
3Y*
3.37%
5Y*
-0.55%
10Y*
9.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XEH.TO vs. SUI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XEH.TO
iShares MSCI Europe IMI Index ETF (CAD-Hedged)		8.96%20.43%7.72%15.86%-8.30%21.78%-2.36%26.30%-9.64%15.67%
SUI
Sun Communities, Inc.		3.29%2.58%2.84%-6.09%-25.90%40.72%1.12%44.69%22.39%16.48%

Correlation

The correlation between XEH.TO and SUI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.17

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

0.20

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

0.29

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

0.22

Correlation (All Time)
Calculated using the full available price history since Apr 24, 2014

0.22

The correlation between XEH.TO and SUI shifts across timeframes, from 0.17 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

iShares MSCI Europe IMI Index ETF (CAD-Hedged)

Sun Communities, Inc.

Often compared with XEH.TO:
XEH.TO vs. XEU.TOXEH.TO vs. XEF.TOXEH.TO vs. VEF.TOXEH.TO vs. IWYXEH.TO vs. IEURXEH.TO vs. XEQT.TOXEH.TO vs. ZEA.TO
Often compared with SUI:
SUI vs. BTC-USDSUI vs. ELSSUI vs. NVDASUI vs. SOLSUI vs. VOOSUI vs. SGO.PASUI vs. SCHD

Return for Risk

XEH.TO vs. SUI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XEH.TO
XEH.TO Risk / Return Rank: 4646
Overall Rank
XEH.TO Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
XEH.TO Sortino Ratio Rank: 4747
Sortino Ratio Rank
XEH.TO Omega Ratio Rank: 4747
Omega Ratio Rank
XEH.TO Calmar Ratio Rank: 4040
Calmar Ratio Rank
XEH.TO Martin Ratio Rank: 4949
Martin Ratio Rank
SUI
SUI Risk / Return Rank: 4747
Overall Rank
SUI Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
SUI Sortino Ratio Rank: 4242
Sortino Ratio Rank
SUI Omega Ratio Rank: 4040
Omega Ratio Rank
SUI Calmar Ratio Rank: 5151
Calmar Ratio Rank
SUI Martin Ratio Rank: 5252
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.

XEH.TO vs. SUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) and Sun Communities, Inc. (SUI). 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.

XEH.TOSUIDifference
Sharpe ratioReturn per unit of total volatility
1.49
0.34

+1.15

Sortino ratioReturn per unit of downside risk
2.17
0.64

+1.53

Omega ratioGain probability vs. loss probability

1.28

1.07

+0.20

Calmar ratioReturn relative to maximum drawdown

1.84

0.62

+1.22

Martin ratioReturn relative to average drawdown

7.53

1.52

+6.01

XEH.TO vs. SUI - Sharpe Ratio Comparison

The current XEH.TO Sharpe Ratio is 1.49, which is higher than the SUI Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of XEH.TO and SUI, 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

XEH.TO vs. SUI - Drawdown Comparison

The maximum XEH.TO drawdown since its inception was -35.81%, smaller than the maximum SUI drawdown of -74.38%. Use the drawdown chart below to compare losses from any high point for XEH.TO and SUI.

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Drawdown Indicators

XEH.TOSUIDifference

Max Drawdown

Largest peak-to-trough decline

-35.81%

-74.38%

+38.57%

Max Drawdown (1Y)

Largest decline over 1 year

-10.38%

-11.08%

+0.70%

Max Drawdown (3Y)

Largest decline over 3 years

-15.01%

-23.39%

+8.38%

Max Drawdown (5Y)

Largest decline over 5 years

-20.33%

-44.90%

+24.57%

Max Drawdown (10Y)

Largest decline over 10 years

-35.81%

-44.90%

+9.09%

Current Drawdown

Current decline from peak

0.00%

-24.44%

+24.44%

Average Drawdown

Average peak-to-trough decline

-4.92%

-16.68%

+11.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

4.55%

-2.02%

Volatility

XEH.TO vs. SUI - Volatility Comparison

The current volatility for iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) is 4.44%, while Sun Communities, Inc. (SUI) has a volatility of 6.92%. This indicates that XEH.TO experiences smaller price fluctuations and is considered to be less risky than SUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XEH.TOSUIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.44%

6.92%

-2.48%

Volatility (6M)

Calculated over the trailing 6-month period

10.79%

13.59%

-2.80%

Volatility (1Y)

Calculated over the trailing 1-year period

12.85%

20.28%

-7.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.23%

25.60%

-11.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.04%

26.33%

-10.29%

Dividends

XEH.TO vs. SUI - Dividend Comparison

XEH.TO's dividend yield for the trailing twelve months is around 2.30%, less than SUI's 3.41% yield.

PositionTTM20252024202320222021202020192018201720162015
SUI
Sun Communities, Inc.		3.41%6.50%3.06%2.78%2.46%1.58%2.08%2.00%2.79%2.89%3.39%3.79%
XEH.TO
iShares MSCI Europe IMI Index ETF (CAD-Hedged)		2.30%2.50%2.71%2.98%3.12%2.40%2.01%3.52%3.39%2.22%2.39%2.27%

Frequently Asked Questions

XEH.TO and SUI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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