XGI.TO vs. QIF.NEO
XGI.TO (iShares S&P Global Industrials Index ETF (CAD-Hedged)) and QIF.NEO (AGF Systematic Global Infrastructure ETF) are both Industrials Equities funds. XGI.TO is passively managed, while QIF.NEO is actively managed. Over the past 5 years, XGI.TO returned 12.46%/yr vs 11.27%/yr for QIF.NEO. At a 0.26 correlation, their price movements are largely independent. XGI.TO charges 0.68%/yr vs 0.45%/yr for QIF.NEO.
Performance
XGI.TO vs. QIF.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, XGI.TO achieves a 12.09% return, which is significantly lower than QIF.NEO's 13.73% return.
XGI.TO
- 1D
- 0.04%
- 1M
- 0.73%
- 6M
- 6.74%
- YTD
- 12.09%
- 1Y
- 20.43%
- 3Y*
- 18.69%
- 5Y*
- 12.46%
- 10Y*
- 11.88%
QIF.NEO
- 1D
- -0.49%
- 1M
- -0.40%
- 6M
- 10.78%
- YTD
- 13.73%
- 1Y
- 22.63%
- 3Y*
- 17.37%
- 5Y*
- 11.27%
- 10Y*
- —
XGI.TO vs. QIF.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XGI.TO iShares S&P Global Industrials Index ETF (CAD-Hedged) | 12.09% | 20.93% | 16.18% | 21.83% | -8.79% | 14.92% | 4.64% | 26.41% | -8.08% |
QIF.NEO AGF Systematic Global Infrastructure ETF | 13.73% | 14.80% | 21.37% | 4.72% | -2.67% | 20.54% | -8.96% | 20.89% | 5.27% |
Correlation
The correlation between XGI.TO and QIF.NEO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2018 | 0.26 |
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Return for Risk
XGI.TO vs. QIF.NEO — Risk / Return Rank
XGI.TO
QIF.NEO
XGI.TO vs. QIF.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.TO) and AGF Systematic Global Infrastructure ETF (QIF.NEO). 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.
| XGI.TO | QIF.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.43 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 4.89 | -3.14 |
| Martin ratioReturn relative to average drawdown | 6.87 | 13.28 | -6.41 |
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Drawdowns
XGI.TO vs. QIF.NEO - Drawdown Comparison
The maximum XGI.TO drawdown since its inception was -42.61%, which is greater than QIF.NEO's maximum drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for XGI.TO and QIF.NEO.
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Drawdown Indicators
| XGI.TO | QIF.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.61% | -30.71% | -11.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -4.67% | -7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -16.14% | -10.29% | -5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -15.54% | -9.24% |
Max Drawdown (10Y)Largest decline over 10 years | -42.61% | — | — |
Current DrawdownCurrent decline from peak | -4.05% | -2.34% | -1.71% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -4.33% | -1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 1.71% | +1.27% |
Volatility
XGI.TO vs. QIF.NEO - Volatility Comparison
iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.TO) has a higher volatility of 5.21% compared to AGF Systematic Global Infrastructure ETF (QIF.NEO) at 2.29%. This indicates that XGI.TO's price experiences larger fluctuations and is considered to be riskier than QIF.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XGI.TO | QIF.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 2.29% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 13.62% | 7.76% | +5.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.66% | 9.72% | +5.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 11.66% | +5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.99% | 14.78% | +9.21% |
XGI.TO vs. QIF.NEO - Expense Ratio Comparison
XGI.TO has a 0.68% expense ratio, which is higher than QIF.NEO's 0.45% expense ratio.
Dividends
XGI.TO vs. QIF.NEO - Dividend Comparison
XGI.TO's dividend yield for the trailing twelve months is around 1.24%, less than QIF.NEO's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QIF.NEO AGF Systematic Global Infrastructure ETF | 5.14% | 5.32% | 4.60% | 3.61% | 3.22% | 3.05% | 3.12% | 3.16% | 2.24% | 0.00% | 0.00% | 0.00% |
XGI.TO iShares S&P Global Industrials Index ETF (CAD-Hedged) | 1.24% | 1.54% | 2.69% | 1.24% | 1.34% | 0.91% | 0.96% | 1.30% | 1.88% | 1.15% | 1.39% | 1.46% |
Frequently Asked Questions
XGI.TO and QIF.NEO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QIF.NEO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QIF.NEO is cheaper with a 0.45% expense ratio, compared with 0.68% for XGI.TO.
They also come from different issuers: iShares and AGF. Their fees differ too: 0.68% for XGI.TO and 0.45% for QIF.NEO.
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