XFLI.TO vs. XEQT.TO
XFLI.TO (iShares Flexible Monthly Income ETF CAD) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - XFLI.TO is a High Yield Bonds fund actively managed by iShares, while XEQT.TO is a Global Equities fund actively managed by iShares. Both are actively managed. Over the past year, XFLI.TO returned 8.64% vs 29.36% for XEQT.TO. At a 0.24 correlation, their price movements are largely independent.
Performance
XFLI.TO vs. XEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XFLI.TO achieves a 4.52% return, which is significantly lower than XEQT.TO's 15.05% return.
XFLI.TO
- 1D
- 0.05%
- 1M
- 2.66%
- 6M
- 4.52%
- YTD
- 4.52%
- 1Y
- 8.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEQT.TO
- 1D
- 0.75%
- 1M
- 2.46%
- 6M
- 14.28%
- YTD
- 15.05%
- 1Y
- 29.36%
- 3Y*
- 22.42%
- 5Y*
- 13.88%
- 10Y*
- —
XFLI.TO vs. XEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XFLI.TO iShares Flexible Monthly Income ETF CAD | 4.52% | 2.07% | 6.23% |
XEQT.TO iShares Core Equity ETF Portfolio | 15.05% | 20.57% | 5.54% |
Correlation
The correlation between XFLI.TO and XEQT.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024 | 0.24 |
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Return for Risk
XFLI.TO vs. XEQT.TO — Risk / Return Rank
XFLI.TO
XEQT.TO
XFLI.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Flexible Monthly Income ETF CAD (XFLI.TO) and iShares Core Equity ETF Portfolio (XEQT.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.
| XFLI.TO | XEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.45 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 3.58 | -1.48 |
| Martin ratioReturn relative to average drawdown | 4.51 | 15.31 | -10.80 |
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Drawdowns
XFLI.TO vs. XEQT.TO - Drawdown Comparison
The maximum XFLI.TO drawdown since its inception was -6.92%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for XFLI.TO and XEQT.TO.
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Drawdown Indicators
| XFLI.TO | XEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.92% | -29.74% | +22.82% |
Max Drawdown (1Y)Largest decline over 1 year | -4.15% | -8.25% | +4.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.55% | — |
Current DrawdownCurrent decline from peak | -0.82% | 0.00% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -4.06% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 1.92% | 0.00% |
Volatility
XFLI.TO vs. XEQT.TO - Volatility Comparison
The current volatility for iShares Flexible Monthly Income ETF CAD (XFLI.TO) is 2.22%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 4.59%. This indicates that XFLI.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XFLI.TO | XEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 4.59% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 4.50% | 10.14% | -5.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.56% | 12.21% | -6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 13.24% | -6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.36% | 15.54% | -9.18% |
Dividends
XFLI.TO vs. XEQT.TO - Dividend Comparison
XFLI.TO's dividend yield for the trailing twelve months is around 5.38%, more than XEQT.TO's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
XEQT.TO iShares Core Equity ETF Portfolio | 1.58% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
XFLI.TO iShares Flexible Monthly Income ETF CAD | 5.38% | 5.69% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XFLI.TO and XEQT.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XFLI.TO is categorized as High Yield Bonds, while XEQT.TO is Global Equities.
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