XEH.TO vs. ZEA.TO
Compare and contrast key facts about iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) and BMO MSCI EAFE Index ETF (ZEA.TO).
XEH.TO and ZEA.TO 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. ZEA.TO is a passively managed fund by BMO that tracks the performance of the MSCI EAFE Index. It was launched on Feb 10, 2014. Both XEH.TO and ZEA.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: XEH.TO or ZEA.TO.
Correlation
The correlation between XEH.TO and ZEA.TO is 0.82, 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
XEH.TO vs. ZEA.TO - Performance Comparison
Key characteristics
XEH.TO:
1.41
ZEA.TO:
1.48
XEH.TO:
2.04
ZEA.TO:
2.09
XEH.TO:
1.25
ZEA.TO:
1.26
XEH.TO:
2.32
ZEA.TO:
2.52
XEH.TO:
6.56
ZEA.TO:
8.06
XEH.TO:
2.22%
ZEA.TO:
1.97%
XEH.TO:
10.37%
ZEA.TO:
10.70%
XEH.TO:
-35.81%
ZEA.TO:
-27.80%
XEH.TO:
-1.08%
ZEA.TO:
-0.89%
Returns By Period
In the year-to-date period, XEH.TO achieves a 9.05% return, which is significantly higher than ZEA.TO's 6.74% return. Over the past 10 years, XEH.TO has outperformed ZEA.TO with an annualized return of 7.35%, while ZEA.TO has yielded a comparatively lower 6.65% annualized return.
XEH.TO
9.05%
4.19%
6.07%
13.51%
7.78%
7.35%
ZEA.TO
6.74%
2.46%
5.09%
14.35%
8.81%
6.65%
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. ZEA.TO - Expense Ratio Comparison
XEH.TO has a 0.28% expense ratio, which is higher than ZEA.TO's 0.22% expense ratio.
Risk-Adjusted Performance
XEH.TO vs. ZEA.TO — Risk-Adjusted Performance Rank
XEH.TO
ZEA.TO
XEH.TO vs. ZEA.TO - 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 BMO MSCI EAFE Index ETF (ZEA.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
XEH.TO vs. ZEA.TO - Dividend Comparison
XEH.TO's dividend yield for the trailing twelve months is around 2.48%, less than ZEA.TO's 2.61% 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% |
ZEA.TO BMO MSCI EAFE Index ETF | 2.61% | 2.78% | 3.02% | 3.08% | 2.49% | 2.74% | 2.95% | 3.05% | 2.40% | 2.80% | 2.43% | 2.37% |
Drawdowns
XEH.TO vs. ZEA.TO - Drawdown Comparison
The maximum XEH.TO drawdown since its inception was -35.81%, which is greater than ZEA.TO's maximum drawdown of -27.80%. Use the drawdown chart below to compare losses from any high point for XEH.TO and ZEA.TO. For additional features, visit the drawdowns tool.
Volatility
XEH.TO vs. ZEA.TO - Volatility Comparison
The current volatility for iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH.TO) is 2.75%, while BMO MSCI EAFE Index ETF (ZEA.TO) has a volatility of 2.93%. This indicates that XEH.TO experiences smaller price fluctuations and is considered to be less risky than ZEA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.