PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XGD.TO vs. WMT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XGD.TO vs. WMT

Last updated Jun 14, 2026

XGD.TO (iShares S&P/TSX Global Gold Index ETF) is Gold fund tracking the S&P/TSX Global Gold Index, while WMT (Walmart Inc.) is a stock. Over the past 10 years, XGD.TO returned 14.21%/yr vs 20.80%/yr for WMT. At a 0.03 correlation, their price movements are largely independent.

Performance

XGD.TO vs. WMT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Global Gold Index ETF (XGD.TO) and Walmart Inc. (WMT). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

XGD.TO is traded in CAD, while WMT is traded in USD. To make them comparable, the WMT values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XGD.TO achieves a -2.21% return, which is significantly lower than WMT's 11.29% return. Over the past 10 years, XGD.TO has underperformed WMT with an annualized return of 14.21%, while WMT has yielded a comparatively higher 20.80% annualized return.

XGD.TO

1D
2.99%
1M
-13.12%
YTD
-2.21%
6M
-1.55%
1Y
56.40%
3Y*
41.86%
5Y*
21.08%
10Y*
14.21%

WMT

1D
0.63%
1M
-6.84%
YTD
11.29%
6M
5.62%
1Y
32.81%
3Y*
36.19%
5Y*
26.01%
10Y*
20.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XGD.TO vs. WMT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XGD.TO
iShares S&P/TSX Global Gold Index ETF		-2.21%144.45%19.63%3.91%-3.13%-5.81%21.10%40.18%-4.10%0.96%
WMT
Walmart Inc.		11.29%18.81%88.72%10.20%5.84%1.92%20.40%24.80%4.69%36.64%

Correlation

The correlation between XGD.TO and WMT is 0.05, 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

0.05

Correlation (3Y)
Calculated over the trailing 3-year period

0.09

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (10Y)
Calculated over the trailing 10-year period

0.09

Correlation (All Time)
Calculated using the full available price history since Jul 12, 2006

0.03

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares S&P/TSX Global Gold Index ETF

Walmart Inc.

Often compared with XGD.TO:
XGD.TO vs. CGL.TOXGD.TO vs. GLDXGD.TO vs. ZGD.TOXGD.TO vs. MNT.TOXGD.TO vs. BRK-BXGD.TO vs. ZGLD.TOXGD.TO vs. ZGLD.SW
Often compared with WMT:
WMT vs. COSTWMT vs. TGTWMT vs. VOOWMT vs. KRWMT vs. XLPWMT vs. SCHDWMT vs. ABBV

Return for Risk

XGD.TO vs. WMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XGD.TO
XGD.TO Risk / Return Rank: 4040
Overall Rank
XGD.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
XGD.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
XGD.TO Omega Ratio Rank: 4343
Omega Ratio Rank
XGD.TO Calmar Ratio Rank: 4141
Calmar Ratio Rank
XGD.TO Martin Ratio Rank: 3636
Martin Ratio Rank
WMT
WMT Risk / Return Rank: 7676
Overall Rank
WMT Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
WMT Sortino Ratio Rank: 7373
Sortino Ratio Rank
WMT Omega Ratio Rank: 7474
Omega Ratio Rank
WMT Calmar Ratio Rank: 7575
Calmar Ratio Rank
WMT Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XGD.TO vs. WMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Global Gold Index ETF (XGD.TO) and Walmart Inc. (WMT). 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.

XGD.TOWMTDifference
Sharpe ratioReturn per unit of total volatility
1.35
1.30

+0.05

Sortino ratioReturn per unit of downside risk
1.75
1.92

-0.17

Omega ratioGain probability vs. loss probability

1.25

1.25

0.00

Calmar ratioReturn relative to maximum drawdown

1.81

2.10

-0.29

Martin ratioReturn relative to average drawdown

5.00

6.85

-1.84

XGD.TO vs. WMT - Sharpe Ratio Comparison

The current XGD.TO Sharpe Ratio is 1.35, which is comparable to the WMT Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of XGD.TO and WMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XGD.TO vs. WMT - Drawdown Comparison

The maximum XGD.TO drawdown since its inception was -72.56%, which is greater than WMT's maximum drawdown of -47.96%. Use the drawdown chart below to compare losses from any high point for XGD.TO and WMT.

Loading charts...

Drawdown Indicators

XGD.TOWMTDifference

Max Drawdown

Largest peak-to-trough decline

-72.56%

-47.96%

-24.60%

Max Drawdown (1Y)

Largest decline over 1 year

-33.06%

-15.14%

-17.92%

Max Drawdown (3Y)

Largest decline over 3 years

-33.06%

-22.27%

-10.79%

Max Drawdown (5Y)

Largest decline over 5 years

-40.82%

-24.22%

-16.60%

Max Drawdown (10Y)

Largest decline over 10 years

-46.96%

-24.22%

-22.74%

Current Drawdown

Current decline from peak

-27.60%

-8.27%

-19.33%

Average Drawdown

Average peak-to-trough decline

-31.89%

-13.52%

-18.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.91%

4.63%

+7.28%

Volatility

XGD.TO vs. WMT - Volatility Comparison

iShares S&P/TSX Global Gold Index ETF (XGD.TO) has a higher volatility of 16.16% compared to Walmart Inc. (WMT) at 10.08%. This indicates that XGD.TO's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XGD.TOWMTDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.16%

10.08%

+6.08%

Volatility (6M)

Calculated over the trailing 6-month period

36.04%

19.04%

+17.00%

Volatility (1Y)

Calculated over the trailing 1-year period

44.26%

24.44%

+19.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.95%

22.53%

+10.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.55%

22.81%

+10.74%

Dividends

XGD.TO vs. WMT - Dividend Comparison

XGD.TO's dividend yield for the trailing twelve months is around 0.64%, less than WMT's 0.80% yield.

PositionTTM20252024202320222021202020192018201720162015
WMT
Walmart Inc.		0.80%0.84%0.92%1.45%1.58%1.52%1.50%1.78%2.23%2.07%2.89%3.20%
XGD.TO
iShares S&P/TSX Global Gold Index ETF		0.64%0.62%0.93%1.49%1.77%1.38%0.35%0.54%0.25%0.14%0.10%0.57%

Frequently Asked Questions

XGD.TO and WMT have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for XGD.TO and WMT

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