PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XGI.TO vs. XIN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XGI.TO vs. XIN.TO

Last updated Jun 5, 2026

XGI.TO (iShares S&P Global Industrials Index ETF (CAD-Hedged)) and XIN.TO (iShares MSCI EAFE Index ETF (CAD-Hedged)) are both exchange-traded funds - XGI.TO is a Industrials Equities fund tracking the Morningstar Gbl GR CAD, while XIN.TO is a Global Equities fund tracking the MSCI EAFE 100% Hedged to CAD Index. Both are passively managed. Over the past 10 years, XGI.TO returned 12.01%/yr vs 12.73%/yr for XIN.TO. A 0.52 correlation means they provide meaningful diversification when combined. XGI.TO charges 0.68%/yr vs 0.52%/yr for XIN.TO.

Performance

XGI.TO vs. XIN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.TO) and iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XGI.TO achieves a 10.78% return, which is significantly higher than XIN.TO's 9.87% return. Over the past 10 years, XGI.TO has underperformed XIN.TO with an annualized return of 12.01%, while XIN.TO has yielded a comparatively higher 12.73% annualized return.

XGI.TO

1D
0.83%
1M
0.99%
YTD
10.78%
6M
12.82%
1Y
22.09%
3Y*
19.91%
5Y*
11.79%
10Y*
12.01%

XIN.TO

1D
0.70%
1M
3.76%
YTD
9.87%
6M
11.20%
1Y
22.02%
3Y*
17.06%
5Y*
15.25%
10Y*
12.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XGI.TO vs. XIN.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		10.78%20.93%16.18%21.83%-8.79%17.71%4.62%26.37%-13.97%20.21%
XIN.TO
iShares MSCI EAFE Index ETF (CAD-Hedged)		9.87%20.30%14.27%19.36%1.59%25.71%-0.02%24.88%-10.05%16.34%

Correlation

The correlation between XGI.TO and XIN.TO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.65

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

0.54

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

0.60

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

0.58

Correlation (All Time)
Calculated using the full available price history since Apr 9, 2013

0.52

The correlation between XGI.TO and XIN.TO shifts across timeframes, from 0.52 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.

XGI.TO vs. XIN.TO - Sectors Allocation Comparison

Sectors
XGI.TO
XIN.TO

Industrials

87.6%
16.6%

Utilities

2.9%
3.1%

Technology

2.1%
10.9%

Communication Services

0.8%
4.0%

Consumer Cyclical

0.6%
7.2%

Basic Materials

0.2%
5.7%

Financial Services

0.1%
23.3%

Consumer Defensive

0.1%
6.8%

Energy

-

3.3%

Healthcare

-

9.5%

Real Estate

-

1.6%

Industrials

XGI.TO
87.6%
XIN.TO
16.6%

Utilities

XGI.TO
2.9%
XIN.TO
3.1%

Technology

XGI.TO
2.1%
XIN.TO
10.9%

Communication Services

XGI.TO
0.8%
XIN.TO
4.0%

Consumer Cyclical

XGI.TO
0.6%
XIN.TO
7.2%

Basic Materials

XGI.TO
0.2%
XIN.TO
5.7%

Financial Services

XGI.TO
0.1%
XIN.TO
23.3%

Consumer Defensive

XGI.TO
0.1%
XIN.TO
6.8%

Energy

XGI.TO

-

XIN.TO
3.3%

Healthcare

XGI.TO

-

XIN.TO
9.5%

Real Estate

XGI.TO

-

XIN.TO
1.6%

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 Global Industrials Index ETF (CAD-Hedged)

iShares MSCI EAFE Index ETF (CAD-Hedged)

Often compared with XGI.TO:
XGI.TO vs. CEW.TOXGI.TO vs. SPGIXGI.TO vs. CIF.TOXGI.TO vs. XUU.TOXGI.TO vs. XDIV.TOXGI.TO vs. ZDJ.TOXGI.TO vs. ZUT.TO
Often compared with XIN.TO:
XIN.TO vs. XEF.TOXIN.TO vs. XFH.TOXIN.TO vs. XWD.TOXIN.TO vs. XIU.TOXIN.TO vs. GBAL.TOXIN.TO vs. XUS-U.TOXIN.TO vs. XDW0.L

Return for Risk

XGI.TO vs. XIN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XGI.TO
XGI.TO Risk / Return Rank: 4545
Overall Rank
XGI.TO Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
XGI.TO Sortino Ratio Rank: 4747
Sortino Ratio Rank
XGI.TO Omega Ratio Rank: 4747
Omega Ratio Rank
XGI.TO Calmar Ratio Rank: 3939
Calmar Ratio Rank
XGI.TO Martin Ratio Rank: 4747
Martin Ratio Rank
XIN.TO
XIN.TO Risk / Return Rank: 5151
Overall Rank
XIN.TO Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
XIN.TO Sortino Ratio Rank: 5151
Sortino Ratio Rank
XIN.TO Omega Ratio Rank: 5454
Omega Ratio Rank
XIN.TO Calmar Ratio Rank: 4747
Calmar Ratio Rank
XIN.TO Martin Ratio Rank: 5555
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.

XGI.TO vs. XIN.TO - 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 iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.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.

XGI.TOXIN.TODifference
Sharpe ratioReturn per unit of total volatility
1.51
1.72

-0.21

Sortino ratioReturn per unit of downside risk
2.27
2.45

-0.17

Omega ratioGain probability vs. loss probability

1.29

1.33

-0.04

Calmar ratioReturn relative to maximum drawdown

1.89

2.28

-0.39

Martin ratioReturn relative to average drawdown

7.71

9.28

-1.57

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XGI.TO vs. XIN.TO - Sharpe Ratio Comparison

The current XGI.TO Sharpe Ratio is 1.51, which is comparable to the XIN.TO Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of XGI.TO and XIN.TO, 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...

Sharpe Ratios by Period

XGI.TOXIN.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.72

-0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

1.04

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.78

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

0.39

+0.24

Drawdowns

XGI.TO vs. XIN.TO - Drawdown Comparison

The maximum XGI.TO drawdown since its inception was -41.43%, smaller than the maximum XIN.TO drawdown of -58.14%. Use the drawdown chart below to compare losses from any high point for XGI.TO and XIN.TO.

Loading charts...

Drawdown Indicators

XGI.TOXIN.TODifference

Max Drawdown

Largest peak-to-trough decline

-41.43%

-58.14%

+16.71%

Max Drawdown (1Y)

Largest decline over 1 year

-11.74%

-9.72%

-2.02%

Max Drawdown (3Y)

Largest decline over 3 years

-16.14%

-14.23%

-1.91%

Max Drawdown (5Y)

Largest decline over 5 years

-23.04%

-15.40%

-7.64%

Max Drawdown (10Y)

Largest decline over 10 years

-41.43%

-33.68%

-7.75%

Current Drawdown

Current decline from peak

-1.78%

-0.02%

-1.76%

Average Drawdown

Average peak-to-trough decline

-4.94%

-12.35%

+7.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

2.38%

+0.49%

Volatility

XGI.TO vs. XIN.TO - Volatility Comparison

iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.TO) has a higher volatility of 4.92% compared to iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.TO) at 3.83%. This indicates that XGI.TO's price experiences larger fluctuations and is considered to be riskier than XIN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XGI.TOXIN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.92%

3.83%

+1.09%

Volatility (6M)

Calculated over the trailing 6-month period

12.56%

10.70%

+1.86%

Volatility (1Y)

Calculated over the trailing 1-year period

14.66%

12.85%

+1.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.31%

14.72%

+1.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.86%

16.44%

+2.42%

XGI.TO vs. XIN.TO - Expense Ratio Comparison

XGI.TO has a 0.68% expense ratio, which is higher than XIN.TO's 0.52% expense ratio.

Dividends

XGI.TO vs. XIN.TO - Dividend Comparison

XGI.TO's dividend yield for the trailing twelve months is around 1.39%, less than XIN.TO's 2.64% yield.

PositionTTM20252024202320222021202020192018201720162015
XGI.TO
iShares S&P Global Industrials Index ETF (CAD-Hedged)		1.39%1.54%2.69%1.24%1.34%0.90%0.96%1.30%1.88%1.12%1.35%1.41%
XIN.TO
iShares MSCI EAFE Index ETF (CAD-Hedged)		2.64%2.90%2.66%2.60%2.27%2.98%2.15%3.06%3.43%2.60%2.90%2.80%

Frequently Asked Questions

XGI.TO and XIN.TO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XIN.TO is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XIN.TO is cheaper with a 0.52% expense ratio, compared with 0.68% for XGI.TO.

XGI.TO is categorized as Industrials Equities, while XIN.TO is Global Equities. XGI.TO tracks Morningstar Gbl GR CAD, while XIN.TO tracks MSCI EAFE 100% Hedged to CAD Index. Their fees differ too: 0.68% for XGI.TO and 0.52% for XIN.TO.

Portfolio Optimizer

Find the right allocation for XGI.TO and XIN.TO

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