XETM.TO vs. TINF.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares S&P/TSX Energy Transition Materials Index ETF (XETM.TO) and TD Active Global Infrastructure Equity ETF (TINF.TO).

XETM.TO and TINF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XETM.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Energy Transition Materials Index. It was launched on Sep 6, 2023. TINF.TO is an actively managed fund by TD. It was launched on May 26, 2020.

Performance

XETM.TO vs. TINF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Energy Transition Materials Index ETF (XETM.TO) and TD Active Global Infrastructure Equity ETF (TINF.TO). The values are adjusted to include any dividend payments, if applicable.

XETM.TO vs. TINF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XETM.TO iShares S&P/TSX Energy Transition Materials Index ETF	9.99%	74.97%	5.16%	-2.24%
TINF.TO TD Active Global Infrastructure Equity ETF	11.03%	14.91%	22.73%	3.99%

Returns By Period

In the year-to-date period, XETM.TO achieves a 9.99% return, which is significantly lower than TINF.TO's 11.03% return.

XETM.TO

• 1D: 7.04%
• 1M: -14.74%
• YTD: 9.99%
• 6M: 32.73%
• 1Y: 87.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TINF.TO

• 1D: 0.62%
• 1M: -1.05%
• YTD: 11.03%
• 6M: 10.74%
• 1Y: 19.20%
• 3Y*: 16.31%
• 5Y*: 13.16%
• 10Y*: —

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

XETM.TO vs. TINF.TO - Expense Ratio Comparison

XETM.TO has a 0.59% expense ratio, which is lower than TINF.TO's 0.73% expense ratio.

TINF.TO

TD Active Global Infrastructure Equity ETF

XETM.TO

iShares S&P/TSX Energy Transition Materials Index ETF

Return for Risk

XETM.TO vs. TINF.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XETM.TO

XETM.TO Risk / Return Rank: 90
XETM.TO Sharpe Ratio Rank: 90
XETM.TO Sortino Ratio Rank: 90
XETM.TO Omega Ratio Rank: 94
XETM.TO Calmar Ratio Rank: 91
XETM.TO Martin Ratio Rank: 84

TINF.TO

TINF.TO Risk / Return Rank: 81
TINF.TO Sharpe Ratio Rank: 82
TINF.TO Sortino Ratio Rank: 79
TINF.TO Omega Ratio Rank: 79
TINF.TO Calmar Ratio Rank: 80
TINF.TO Martin Ratio Rank: 83

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.

XETM.TO vs. TINF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Energy Transition Materials Index ETF (XETM.TO) and TD Active Global Infrastructure Equity ETF (TINF.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.

	XETM.TO	TINF.TO	Difference
Sharpe ratio Return per unit of total volatility	2.00	1.62	+0.39
Sortino ratio Return per unit of downside risk	2.60	2.08	+0.52
Omega ratio Gain probability vs. loss probability	1.44	1.31	+0.13
Calmar ratio Return relative to maximum drawdown	3.20	2.26	+0.94
Martin ratio Return relative to average drawdown	9.63	9.52	+0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XETM.TO vs. TINF.TO - Sharpe Ratio Comparison

The current XETM.TO Sharpe Ratio is 2.00, which is comparable to the TINF.TO Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of XETM.TO and TINF.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XETM.TO	TINF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	1.62	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.04	-0.15

Correlation

The correlation between XETM.TO and TINF.TO is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XETM.TO vs. TINF.TO - Dividend Comparison

XETM.TO's dividend yield for the trailing twelve months is around 0.60%, less than TINF.TO's 2.62% yield.

	TTM	2025	2024	2023	2022	2021	2020
XETM.TO iShares S&P/TSX Energy Transition Materials Index ETF	0.60%	0.66%	0.69%	0.48%	0.00%	0.00%	0.00%
TINF.TO TD Active Global Infrastructure Equity ETF	2.62%	2.89%	2.85%	3.39%	2.97%	2.28%	0.99%

Drawdowns

XETM.TO vs. TINF.TO - Drawdown Comparison

The maximum XETM.TO drawdown since its inception was -33.71%, which is greater than TINF.TO's maximum drawdown of -13.48%. Use the drawdown chart below to compare losses from any high point for XETM.TO and TINF.TO.

Drawdown Indicators

	XETM.TO	TINF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-33.71%	-13.48%	-20.23%
Max Drawdown (1Y) Largest decline over 1 year	-27.26%	-8.95%	-18.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.48%	—
Current Drawdown Current decline from peak	-15.12%	-1.05%	-14.07%
Average Drawdown Average peak-to-trough decline	-8.16%	-2.42%	-5.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.06%	2.12%	+6.94%

Volatility

XETM.TO vs. TINF.TO - Volatility Comparison

iShares S&P/TSX Energy Transition Materials Index ETF (XETM.TO) has a higher volatility of 16.65% compared to TD Active Global Infrastructure Equity ETF (TINF.TO) at 5.06%. This indicates that XETM.TO's price experiences larger fluctuations and is considered to be riskier than TINF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XETM.TO	TINF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.65%	5.06%	+11.59%
Volatility (6M) Calculated over the trailing 6-month period	31.05%	7.20%	+23.85%
Volatility (1Y) Calculated over the trailing 1-year period	43.84%	11.96%	+31.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.70%	11.64%	+23.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.70%	11.94%	+22.76%