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XEQT.TO vs. XEG.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XEQT.TO vs. XEG.TO

Last updated Apr 11, 2026

XEQT.TO (iShares Core Equity ETF Portfolio) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds — XEQT.TO is a Global Equities fund actively managed by iShares, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. XEQT.TO is actively managed, while XEG.TO is passively managed. Over the past 5 years, XEQT.TO returned 12.32%/yr vs 32.46%/yr for XEG.TO. At 0.35, their price movements are largely independent. XEQT.TO charges 0.20%/yr vs 0.61%/yr for XEG.TO.

Performance

XEQT.TO vs. XEG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Equity ETF Portfolio (XEQT.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XEQT.TO achieves a 4.80% return, which is significantly lower than XEG.TO's 35.55% return.

XEQT.TO

1D
0.41%
1M
3.32%
YTD
4.80%
6M
7.93%
1Y
36.34%
3Y*
19.58%
5Y*
12.32%
10Y*
—

XEG.TO

1D
1.57%
1M
5.18%
YTD
35.55%
6M
45.44%
1Y
86.97%
3Y*
22.96%
5Y*
32.46%
10Y*
11.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XEQT.TO vs. XEG.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XEQT.TO
iShares Core Equity ETF Portfolio		4.80%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		35.55%16.72%14.08%3.52%53.25%83.71%-34.41%21.32%

Correlation

The correlation between XEQT.TO and XEG.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

0.07

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

0.24

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

0.30

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.35

Over the past year, the correlation between XEQT.TO and XEG.TO has dropped to 0.07 — well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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

iShares Core Equity ETF Portfolio

iShares S&P/TSX Capped Energy Index ETF

Often compared with XEQT.TO:
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Often compared with XEG.TO:
XEG.TO vs. XLEXEG.TO vs. CNQ.TOXEG.TO vs. XDIV.TOXEG.TO vs. XCG.TOXEG.TO vs. HXE.TOXEG.TO vs. ZEO.TOXEG.TO vs. ZLB.TO

Return for Risk

XEQT.TO vs. XEG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XEQT.TO
XEQT.TO Risk / Return Rank: 8585
Overall Rank
XEQT.TO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 8585
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 8686
Martin Ratio Rank
XEG.TO
XEG.TO Risk / Return Rank: 9494
Overall Rank
XEG.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 9393
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 9191
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 9494
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.

XEQT.TO vs. XEG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.

XEQT.TOXEG.TODifference

Sharpe ratio

Return per unit of total volatility

3.04

4.16

-1.11

Sortino ratio

Return per unit of downside risk

4.15

4.94

-0.80

Omega ratio

Gain probability vs. loss probability

1.57

1.64

-0.07

Calmar ratio

Return relative to maximum drawdown

4.93

11.90

-6.97

Martin ratio

Return relative to average drawdown

21.32

28.48

-7.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XEQT.TO vs. XEG.TO - Sharpe Ratio Comparison

The current XEQT.TO Sharpe Ratio is 3.04, which is comparable to the XEG.TO Sharpe Ratio of 4.16. The chart below compares the historical Sharpe Ratios of XEQT.TO and XEG.TO, 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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Sharpe Ratios by Period

XEQT.TOXEG.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.04

4.16

-1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.95

1.14

-0.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.35

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.89

0.27

+0.62

Drawdowns

XEQT.TO vs. XEG.TO - Drawdown Comparison

The maximum XEQT.TO drawdown since its inception was -29.74%, smaller than the maximum XEG.TO drawdown of -87.74%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and XEG.TO.

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Drawdown Indicators

XEQT.TOXEG.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.74%

-87.74%

+58.00%

Max Drawdown (1Y)

Largest decline over 1 year

-8.25%

-7.52%

-0.73%

Max Drawdown (5Y)

Largest decline over 5 years

-19.56%

-28.42%

+8.86%

Max Drawdown (10Y)

Largest decline over 10 years

—

-79.66%

—

Current Drawdown

Current decline from peak

-1.17%

-5.58%

+4.41%

Average Drawdown

Average peak-to-trough decline

-4.19%

-29.33%

+25.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.91%

3.14%

-1.23%

Volatility

XEQT.TO vs. XEG.TO - Volatility Comparison

The current volatility for iShares Core Equity ETF Portfolio (XEQT.TO) is 5.82%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.70%. This indicates that XEQT.TO experiences smaller price fluctuations and is considered to be less risky than XEG.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.TOXEG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.82%

8.70%

-2.88%

Volatility (6M)

Calculated over the trailing 6-month period

9.72%

16.15%

-6.43%

Volatility (1Y)

Calculated over the trailing 1-year period

12.60%

22.22%

-9.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.06%

28.57%

-15.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.63%

33.33%

-17.70%

XEQT.TO vs. XEG.TO - Expense Ratio Comparison

XEQT.TO has a 0.20% expense ratio, which is lower than XEG.TO's 0.61% expense ratio.

Dividends

XEQT.TO vs. XEG.TO - Dividend Comparison

XEQT.TO's dividend yield for the trailing twelve months is around 1.59%, less than XEG.TO's 2.82% yield.

TTM20252024202320222021202020192018201720162015
XEQT.TO
iShares Core Equity ETF Portfolio		1.59%1.66%2.01%2.07%2.12%1.64%1.66%1.19%0.00%0.00%0.00%0.00%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.82%3.63%3.46%4.26%3.31%1.64%2.96%2.70%2.25%1.41%1.40%3.58%