XFLI.TO vs. XIC.TO
XFLI.TO (iShares Flexible Monthly Income ETF CAD) and XIC.TO (iShares Core S&P/TSX Capped Composite Index ETF) are both exchange-traded funds - XFLI.TO is a High Yield Bonds fund actively managed by iShares, while XIC.TO is a Canada Equities fund tracking the S&P/TSX Capped Composite Index. XFLI.TO is actively managed, while XIC.TO is passively managed. Over the past year, XFLI.TO returned 8.64% vs 33.44% for XIC.TO. At a 0.05 correlation, their price movements are largely independent.
Performance
XFLI.TO vs. XIC.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XFLI.TO achieves a 4.52% return, which is significantly lower than XIC.TO's 12.51% return.
XFLI.TO
- 1D
- 0.05%
- 1M
- 2.66%
- 6M
- 4.52%
- YTD
- 4.52%
- 1Y
- 8.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XIC.TO
- 1D
- 0.86%
- 1M
- 1.59%
- 6M
- 11.82%
- YTD
- 12.51%
- 1Y
- 33.44%
- 3Y*
- 23.77%
- 5Y*
- 14.68%
- 10Y*
- 12.63%
XFLI.TO vs. XIC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XFLI.TO iShares Flexible Monthly Income ETF CAD | 4.52% | 2.07% | 6.23% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 12.51% | 31.51% | 4.29% |
Correlation
The correlation between XFLI.TO and XIC.TO is 0.06, 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 | 0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024 | 0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XFLI.TO vs. XIC.TO — Risk / Return Rank
XFLI.TO
XIC.TO
XFLI.TO vs. XIC.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 S&P/TSX Capped Composite Index ETF (XIC.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 | XIC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| 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 | 3.62 | -1.53 |
| Martin ratioReturn relative to average drawdown | 4.51 | 16.39 | -11.89 |
Loading charts...
Drawdowns
XFLI.TO vs. XIC.TO - Drawdown Comparison
The maximum XFLI.TO drawdown since its inception was -6.92%, smaller than the maximum XIC.TO drawdown of -47.27%. Use the drawdown chart below to compare losses from any high point for XFLI.TO and XIC.TO.
Loading charts...
Drawdown Indicators
| XFLI.TO | XIC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.92% | -47.27% | +40.35% |
Max Drawdown (1Y)Largest decline over 1 year | -4.15% | -9.29% | +5.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.27% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.21% | — |
Current DrawdownCurrent decline from peak | -0.82% | -0.22% | -0.60% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -6.72% | +4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 2.05% | -0.13% |
Volatility
XFLI.TO vs. XIC.TO - Volatility Comparison
The current volatility for iShares Flexible Monthly Income ETF CAD (XFLI.TO) is 2.22%, while iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) has a volatility of 3.89%. This indicates that XFLI.TO experiences smaller price fluctuations and is considered to be less risky than XIC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XFLI.TO | XIC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 3.89% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 4.50% | 10.75% | -6.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.56% | 13.14% | -7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 13.22% | -6.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.36% | 14.95% | -8.59% |
Dividends
XFLI.TO vs. XIC.TO - Dividend Comparison
XFLI.TO's dividend yield for the trailing twelve months is around 5.38%, more than XIC.TO's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XFLI.TO iShares Flexible Monthly Income ETF CAD | 5.38% | 5.69% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIC.TO iShares Core S&P/TSX Capped Composite Index ETF | 2.00% | 2.23% | 2.64% | 2.96% | 3.10% | 2.45% | 3.03% | 3.01% | 3.19% | 2.49% | 2.72% | 3.21% |
Frequently Asked Questions
XFLI.TO and XIC.TO have a correlation of 0.06, 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 XIC.TO is Canada Equities.
Find the right allocation for XFLI.TO and XIC.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer