XGB.TO vs. WCP.TO
Compare and contrast key facts about iShares Core Canadian Government Bond Index ETF (XGB.TO) and Whitecap Resources Inc. (WCP.TO).
XGB.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Core Bd GR CAD. It was launched on Nov 6, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XGB.TO or WCP.TO.
Key characteristics
| XGB.TO | WCP.TO | |
|---|---|---|
| YTD Return | 2.64% | 21.46% |
| 1Y Return | 9.04% | 11.84% |
| 3Y Return (Ann) | -0.81% | 19.18% |
| 5Y Return (Ann) | -0.22% | 27.46% |
| 10Y Return (Ann) | 1.48% | 1.91% |
| Sharpe Ratio | 1.39 | 0.49 |
| Sortino Ratio | 2.06 | 0.83 |
| Omega Ratio | 1.24 | 1.10 |
| Calmar Ratio | 0.53 | 0.42 |
| Martin Ratio | 4.31 | 2.08 |
| Ulcer Index | 2.04% | 5.70% |
| Daily Std Dev | 6.33% | 24.33% |
| Max Drawdown | -19.53% | -94.41% |
| Current Drawdown | -9.03% | -8.61% |
Correlation
The correlation between XGB.TO and WCP.TO is 0.32, 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.
Performance
XGB.TO vs. WCP.TO - Performance Comparison
In the year-to-date period, XGB.TO achieves a 2.64% return, which is significantly lower than WCP.TO's 21.46% return. Over the past 10 years, XGB.TO has underperformed WCP.TO with an annualized return of 1.48%, while WCP.TO has yielded a comparatively higher 1.91% 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
XGB.TO vs. WCP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Canadian Government Bond Index ETF (XGB.TO) and Whitecap Resources Inc. (WCP.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
XGB.TO vs. WCP.TO - Dividend Comparison
XGB.TO's dividend yield for the trailing twelve months is around 2.93%, less than WCP.TO's 7.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XGB.TO iShares Core Canadian Government Bond Index ETF | 2.93% | 2.73% | 2.64% | 2.25% | 2.12% | 2.32% | 2.44% | 2.41% | 2.53% | 2.62% | 2.74% | 3.03% |
WCP.TO Whitecap Resources Inc. | 7.09% | 7.06% | 3.59% | 2.75% | 4.40% | 6.05% | 7.30% | 3.14% | 2.86% | 8.27% | 6.35% | 4.81% |
Drawdowns
XGB.TO vs. WCP.TO - Drawdown Comparison
The maximum XGB.TO drawdown since its inception was -19.53%, smaller than the maximum WCP.TO drawdown of -94.41%. Use the drawdown chart below to compare losses from any high point for XGB.TO and WCP.TO. For additional features, visit the drawdowns tool.
Volatility
XGB.TO vs. WCP.TO - Volatility Comparison
The current volatility for iShares Core Canadian Government Bond Index ETF (XGB.TO) is 2.66%, while Whitecap Resources Inc. (WCP.TO) has a volatility of 7.25%. This indicates that XGB.TO experiences smaller price fluctuations and is considered to be less risky than WCP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.