XFR.TO vs. HUTS.TO
XFR.TO (iShares Floating Rate Index ETF) and HUTS.TO (Hamilton Enhanced Utilities ETF) are both exchange-traded funds - XFR.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD, while HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR. Both are passively managed. Over the past 3 years, XFR.TO returned 3.98%/yr vs 14.74%/yr for HUTS.TO. At a 0.02 correlation, their price movements are largely independent. XFR.TO charges 0.14%/yr vs 2.06%/yr for HUTS.TO.
Performance
XFR.TO vs. HUTS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XFR.TO achieves a 1.15% return, which is significantly lower than HUTS.TO's 20.32% return.
XFR.TO
- 1D
- 0.05%
- 1M
- 0.26%
- YTD
- 1.15%
- 6M
- 1.33%
- 1Y
- 3.02%
- 3Y*
- 3.98%
- 5Y*
- 3.24%
- 10Y*
- 2.26%
HUTS.TO
- 1D
- -0.73%
- 1M
- 4.35%
- YTD
- 20.32%
- 6M
- 21.83%
- 1Y
- 35.24%
- 3Y*
- 14.74%
- 5Y*
- —
- 10Y*
- —
XFR.TO vs. HUTS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XFR.TO iShares Floating Rate Index ETF | 1.15% | 3.33% | 4.57% | 5.29% | 1.24% |
HUTS.TO Hamilton Enhanced Utilities ETF | 20.32% | 21.29% | 9.40% | -3.91% | -12.96% |
Correlation
The correlation between XFR.TO and HUTS.TO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2022 | 0.02 |
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Return for Risk
XFR.TO vs. HUTS.TO — Risk / Return Rank
XFR.TO
HUTS.TO
XFR.TO vs. HUTS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Floating Rate Index ETF (XFR.TO) and Hamilton Enhanced Utilities ETF (HUTS.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.
| XFR.TO | HUTS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.98 | 1.68 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 29.79 | 6.06 | +23.73 |
| Martin ratioReturn relative to average drawdown | 90.21 | 19.00 | +71.21 |
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Drawdowns
XFR.TO vs. HUTS.TO - Drawdown Comparison
The maximum XFR.TO drawdown since its inception was -4.12%, smaller than the maximum HUTS.TO drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for XFR.TO and HUTS.TO.
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Drawdown Indicators
| XFR.TO | HUTS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.12% | -30.57% | +26.45% |
Max Drawdown (1Y)Largest decline over 1 year | -0.10% | -5.84% | +5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -0.30% | -20.25% | +19.95% |
Max Drawdown (5Y)Largest decline over 5 years | -0.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -4.12% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.73% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -0.06% | -9.99% | +9.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 1.86% | -1.83% |
Volatility
XFR.TO vs. HUTS.TO - Volatility Comparison
The current volatility for iShares Floating Rate Index ETF (XFR.TO) is 0.23%, while Hamilton Enhanced Utilities ETF (HUTS.TO) has a volatility of 3.41%. This indicates that XFR.TO experiences smaller price fluctuations and is considered to be less risky than HUTS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XFR.TO | HUTS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.23% | 3.41% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 0.47% | 7.73% | -7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.72% | 9.58% | -8.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.85% | 14.98% | -14.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.86% | 14.98% | -13.12% |
XFR.TO vs. HUTS.TO - Expense Ratio Comparison
XFR.TO has a 0.14% expense ratio, which is lower than HUTS.TO's 2.06% expense ratio.
Dividends
XFR.TO vs. HUTS.TO - Dividend Comparison
XFR.TO's dividend yield for the trailing twelve months is around 2.77%, less than HUTS.TO's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUTS.TO Hamilton Enhanced Utilities ETF | 5.43% | 6.45% | 7.45% | 7.83% | 2.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XFR.TO iShares Floating Rate Index ETF | 2.77% | 3.23% | 4.93% | 4.91% | 1.84% | 0.30% | 1.07% | 1.99% | 1.64% | 0.92% | 0.65% | 0.95% |
Frequently Asked Questions
XFR.TO and HUTS.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XFR.TO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XFR.TO is cheaper with a 0.14% expense ratio, compared with 2.06% for HUTS.TO.
XFR.TO is categorized as Canadian Government Bonds, while HUTS.TO is Utilities Equities. XFR.TO tracks Morningstar Can 1-5Y Core Bd GR CAD, while HUTS.TO tracks Solactive Canadian Utility Services High Dividend Index TR. They also come from different issuers: iShares and Hamilton. Their fees differ too: 0.14% for XFR.TO and 2.06% for HUTS.TO.
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