XEQT.TO vs. BAM.TO
XEQT.TO (iShares Core Equity ETF Portfolio) is Global Equities fund actively managed by iShares, while BAM.TO (Brookfield Asset Management Ltd) is a stock. Over the past 3 years, XEQT.TO returned 21.81%/yr vs 18.57%/yr for BAM.TO. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
XEQT.TO vs. BAM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XEQT.TO achieves a 12.26% return, which is significantly higher than BAM.TO's -6.38% return.
XEQT.TO
- 1D
- 0.63%
- 1M
- 2.10%
- YTD
- 12.26%
- 6M
- 12.73%
- 1Y
- 30.96%
- 3Y*
- 21.81%
- 5Y*
- 13.69%
- 10Y*
- —
BAM.TO
- 1D
- 1.48%
- 1M
- -1.81%
- YTD
- -6.38%
- 6M
- -9.11%
- 1Y
- -7.86%
- 3Y*
- 18.57%
- 5Y*
- —
- 10Y*
- —
XEQT.TO vs. BAM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XEQT.TO iShares Core Equity ETF Portfolio | 12.26% | 20.57% | 24.38% | 17.27% | -3.88% |
BAM.TO Brookfield Asset Management Ltd | -6.38% | -4.85% | 51.69% | 42.64% | 33.69% |
Correlation
The correlation between XEQT.TO and BAM.TO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2022 | 0.64 |
The correlation between XEQT.TO and BAM.TO has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.
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Return for Risk
XEQT.TO vs. BAM.TO — Risk / Return Rank
XEQT.TO
BAM.TO
XEQT.TO vs. BAM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.TO) and Brookfield Asset Management Ltd (BAM.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.
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.
| XEQT.TO | BAM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.80 | ||
| Sortino ratioReturn per unit of downside risk | +3.63 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.96 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | -0.35 | +3.94 |
| Martin ratioReturn relative to average drawdown | 15.41 | -0.64 | +16.06 |
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Drawdowns
XEQT.TO vs. BAM.TO - Drawdown Comparison
The maximum XEQT.TO drawdown since its inception was -29.74%, roughly equal to the maximum BAM.TO drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and BAM.TO.
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Drawdown Indicators
| XEQT.TO | BAM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.74% | -30.80% | +1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -30.31% | +22.06% |
Max Drawdown (3Y)Largest decline over 3 years | -15.08% | -30.80% | +15.72% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -21.54% | +20.70% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -9.24% | +5.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 16.31% | -14.39% |
Volatility
XEQT.TO vs. BAM.TO - Volatility Comparison
The current volatility for iShares Core Equity ETF Portfolio (XEQT.TO) is 5.02%, while Brookfield Asset Management Ltd (BAM.TO) has a volatility of 9.78%. This indicates that XEQT.TO experiences smaller price fluctuations and is considered to be less risky than BAM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XEQT.TO | BAM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 9.78% | -4.76% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 22.05% | -11.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 28.95% | -16.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 41.28% | -28.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 41.28% | -25.70% |
Dividends
XEQT.TO vs. BAM.TO - Dividend Comparison
XEQT.TO's dividend yield for the trailing twelve months is around 1.48%, less than BAM.TO's 3.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BAM.TO Brookfield Asset Management Ltd | 3.93% | 3.40% | 2.67% | 3.27% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.48% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
Frequently Asked Questions
XEQT.TO and BAM.TO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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