XEQT.TO vs. XUU-U.TO

Last updated Apr 11, 2026

XEQT.TO (iShares Core Equity ETF Portfolio) and XUU-U.TO (iShares Core S&P U.S. Total Market Index ETF) are both exchange-traded funds — XEQT.TO is a Global Equities fund actively managed by iShares, while XUU-U.TO is a Large Cap Blend Equities fund tracking the S&P Total Market Index. XEQT.TO is actively managed, while XUU-U.TO is passively managed. Over the past 5 years, XEQT.TO returned 12.32%/yr vs 12.94%/yr for XUU-U.TO. At 0.28, their price movements are largely independent. XEQT.TO charges 0.20%/yr vs 0.08%/yr for XUU-U.TO.

Performance

XEQT.TO vs. XUU-U.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 Core S&P U.S. Total Market Index ETF (XUU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XEQT.TO achieves a 4.80% return, which is significantly higher than XUU-U.TO's 0.83% 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*: —

XUU-U.TO

• 1D: 0.16%
• 1M: 2.73%
• YTD: 0.83%
• 6M: 2.95%
• 1Y: 29.19%
• 3Y*: 20.26%
• 5Y*: 12.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XEQT.TO vs. XUU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XEQT.TO iShares Core Equity ETF Portfolio	4.80%	19.47%	24.36%	17.25%	-11.01%	18.94%	11.82%	5.79%
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	0.83%	11.00%	33.03%	23.73%	-14.72%	26.98%	16.71%	6.48%

Correlation

The correlation between XEQT.TO and XUU-U.TO is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019	0.28

Over the past year, XEQT.TO and XUU-U.TO have become more correlated (0.67) than their long-term average of 0.28, meaning their price movements have been converging.

Return for Risk

XEQT.TO vs. XUU-U.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: 85
XEQT.TO Sharpe Ratio Rank: 86
XEQT.TO Sortino Ratio Rank: 85
XEQT.TO Omega Ratio Rank: 85
XEQT.TO Calmar Ratio Rank: 80
XEQT.TO Martin Ratio Rank: 86

XUU-U.TO

XUU-U.TO Risk / Return Rank: 72
XUU-U.TO Sharpe Ratio Rank: 66
XUU-U.TO Sortino Ratio Rank: 63
XUU-U.TO Omega Ratio Rank: 77
XUU-U.TO Calmar Ratio Rank: 71
XUU-U.TO Martin Ratio Rank: 82

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. XUU-U.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 Core S&P U.S. Total Market Index ETF (XUU-U.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.TO	XUU-U.TO	Difference
Sharpe ratio Return per unit of total volatility	3.04	2.16	+0.89
Sortino ratio Return per unit of downside risk	4.15	2.92	+1.23
Omega ratio Gain probability vs. loss probability	1.57	1.43	+0.14
Calmar ratio Return relative to maximum drawdown	4.93	3.97	+0.97
Martin ratio Return relative to average drawdown	21.32	13.82	+7.50
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. XUU-U.TO - Sharpe Ratio Comparison

The current XEQT.TO Sharpe Ratio is 3.04, which is higher than the XUU-U.TO Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of XEQT.TO and XUU-U.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.

Sharpe Ratios by Period

	XEQT.TO	XUU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.04	2.16	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	0.80	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.87	+0.03

Drawdowns

XEQT.TO vs. XUU-U.TO - Drawdown Comparison

The maximum XEQT.TO drawdown since its inception was -29.74%, which is greater than XUU-U.TO's maximum drawdown of -24.77%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and XUU-U.TO.

Drawdown Indicators

	XEQT.TO	XUU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.74%	-28.73%	-1.01%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-8.80%	+0.55%
Max Drawdown (5Y) Largest decline over 5 years	-19.56%	-24.53%	+4.97%
Current Drawdown Current decline from peak	-1.17%	-2.12%	+0.95%
Average Drawdown Average peak-to-trough decline	-4.19%	-5.91%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.96%	-0.05%

Volatility

XEQT.TO vs. XUU-U.TO - Volatility Comparison

iShares Core Equity ETF Portfolio (XEQT.TO) has a higher volatility of 5.82% compared to iShares Core S&P U.S. Total Market Index ETF (XUU-U.TO) at 5.39%. This indicates that XEQT.TO's price experiences larger fluctuations and is considered to be riskier than XUU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XEQT.TO	XUU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	5.39%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	9.72%	10.25%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	12.60%	14.41%	-1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.06%	16.31%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	17.49%	-1.86%

XEQT.TO vs. XUU-U.TO - Expense Ratio Comparison

XEQT.TO has a 0.20% expense ratio, which is higher than XUU-U.TO's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XEQT.TO vs. XUU-U.TO - Dividend Comparison

XEQT.TO's dividend yield for the trailing twelve months is around 1.59%, more than XUU-U.TO's 0.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
XEQT.TO iShares Core Equity ETF Portfolio	1.59%	1.66%	2.01%	2.07%	2.12%	1.64%	1.66%	1.19%
XUU-U.TO iShares Core S&P U.S. Total Market Index ETF	0.83%	0.83%	0.76%	0.85%	1.01%	0.77%	0.90%	0.38%