XFN.TO vs. RY.TO
Compare and contrast key facts about iShares S&P/TSX Capped Financials Index ETF (XFN.TO) and Royal Bank of Canada (RY.TO).
XFN.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Fin Svc GR CAD. It was launched on Mar 23, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XFN.TO or RY.TO.
Key characteristics
| XFN.TO | RY.TO | |
|---|---|---|
| YTD Return | 23.50% | 31.82% |
| 1Y Return | 38.89% | 52.21% |
| 3Y Return (Ann) | 8.70% | 13.25% |
| 5Y Return (Ann) | 11.20% | 14.03% |
| 10Y Return (Ann) | 9.75% | 12.09% |
| Sharpe Ratio | 3.76 | 4.06 |
| Sortino Ratio | 5.12 | 6.16 |
| Omega Ratio | 1.70 | 1.79 |
| Calmar Ratio | 0.41 | 3.39 |
| Martin Ratio | 24.72 | 31.59 |
| Ulcer Index | 1.65% | 1.71% |
| Daily Std Dev | 10.79% | 13.27% |
| Max Drawdown | -100.00% | -54.05% |
| Current Drawdown | -99.99% | -1.79% |
Correlation
The correlation between XFN.TO and RY.TO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XFN.TO vs. RY.TO - Performance Comparison
In the year-to-date period, XFN.TO achieves a 23.50% return, which is significantly lower than RY.TO's 31.82% return. Over the past 10 years, XFN.TO has underperformed RY.TO with an annualized return of 9.75%, while RY.TO has yielded a comparatively higher 12.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
XFN.TO vs. RY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Financials Index ETF (XFN.TO) and Royal Bank of Canada (RY.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.
Dividends
XFN.TO vs. RY.TO - Dividend Comparison
XFN.TO's dividend yield for the trailing twelve months is around 3.36%, more than RY.TO's 3.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XFN.TO iShares S&P/TSX Capped Financials Index ETF | 3.36% | 3.60% | 3.48% | 2.67% | 3.35% | 3.00% | 3.43% | 2.73% | 2.83% | 3.17% | 2.95% | 2.86% |
RY.TO Royal Bank of Canada | 3.29% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% | 3.54% | 3.54% |
Drawdowns
XFN.TO vs. RY.TO - Drawdown Comparison
The maximum XFN.TO drawdown since its inception was -100.00%, which is greater than RY.TO's maximum drawdown of -54.05%. Use the drawdown chart below to compare losses from any high point for XFN.TO and RY.TO. For additional features, visit the drawdowns tool.
Volatility
XFN.TO vs. RY.TO - Volatility Comparison
The current volatility for iShares S&P/TSX Capped Financials Index ETF (XFN.TO) is 2.92%, while Royal Bank of Canada (RY.TO) has a volatility of 4.11%. This indicates that XFN.TO experiences smaller price fluctuations and is considered to be less risky than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.