XHB vs. GIB-A.TO

Last updated Jun 7, 2026

XHB (SPDR S&P Homebuilders ETF) is Building & Construction fund tracking the S&P Homebuilders Select Industry Index, while GIB-A.TO (CGI Inc) is a stock. Over the past 10 years, XHB returned 12.51%/yr vs 3.71%/yr for GIB-A.TO. At a 0.32 correlation, their price movements are largely independent.

Performance

XHB vs. GIB-A.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Homebuilders ETF (XHB) and CGI Inc (GIB-A.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XHB achieves a 0.69% return, which is significantly higher than GIB-A.TO's -26.84% return. Over the past 10 years, XHB has outperformed GIB-A.TO with an annualized return of 12.51%, while GIB-A.TO has yielded a comparatively lower 3.71% annualized return.

XHB

• 1D: -1.16%
• 1M: 0.83%
• YTD: 0.69%
• 6M: -3.32%
• 1Y: 9.49%
• 3Y*: 12.63%
• 5Y*: 7.92%
• 10Y*: 12.51%

GIB-A.TO

• 1D: -0.07%
• 1M: -1.06%
• YTD: -26.84%
• 6M: -25.99%
• 1Y: -37.17%
• 3Y*: -13.44%
• 5Y*: -5.44%
• 10Y*: 3.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XHB vs. GIB-A.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XHB SPDR S&P Homebuilders ETF	0.69%	-0.69%	9.87%	60.10%	-28.93%	49.70%	27.97%	41.30%	-25.73%	31.80%
GIB-A.TO CGI Inc	-26.84%	-15.16%	2.25%	24.59%	-1.87%	10.81%	-4.81%	35.74%	12.77%	13.69%

Correlation

The correlation between XHB and GIB-A.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006	0.32

The correlation between XHB and GIB-A.TO shifts across timeframes, from 0.16 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XHB vs. GIB-A.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XHB

XHB Risk / Return Rank: 14
XHB Sharpe Ratio Rank: 14
XHB Sortino Ratio Rank: 16
XHB Omega Ratio Rank: 14
XHB Calmar Ratio Rank: 14
XHB Martin Ratio Rank: 13

GIB-A.TO

GIB-A.TO Risk / Return Rank: 5
GIB-A.TO Sharpe Ratio Rank: 1
GIB-A.TO Sortino Ratio Rank: 4
GIB-A.TO Omega Ratio Rank: 3
GIB-A.TO Calmar Ratio Rank: 9
GIB-A.TO Martin Ratio Rank: 4

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.

XHB vs. GIB-A.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Homebuilders ETF (XHB) and CGI Inc (GIB-A.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.

	XHB	GIB-A.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.31	-1.30	+1.61
Sortino ratio: Return per unit of downside risk	0.70	-1.75	+2.45
Omega ratio: Gain probability vs. loss probability	1.08	0.76	+0.32
Calmar ratio: Return relative to maximum drawdown	0.40	-0.86	+1.26
Martin ratio: Return relative to average drawdown	0.83	-1.58	+2.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHB vs. GIB-A.TO - Sharpe Ratio Comparison

The current XHB Sharpe Ratio is 0.31, which is higher than the GIB-A.TO Sharpe Ratio of -1.30. The chart below compares the historical Sharpe Ratios of XHB and GIB-A.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.

Sharpe Ratios by Period

	XHB	GIB-A.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	-1.30	+1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	-0.25	+0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.17	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.47	-0.31

Drawdowns

XHB vs. GIB-A.TO - Drawdown Comparison

The maximum XHB drawdown since its inception was -81.61%, which is greater than GIB-A.TO's maximum drawdown of -48.62%. Use the drawdown chart below to compare losses from any high point for XHB and GIB-A.TO.

Drawdown Indicators

	XHB	GIB-A.TO	Difference
Max Drawdown Largest peak-to-trough decline	-81.61%	-48.62%	-32.99%
Max Drawdown (1Y) Largest decline over 1 year	-21.71%	-42.91%	+21.20%
Max Drawdown (3Y) Largest decline over 3 years	-30.53%	-48.62%	+18.09%
Max Drawdown (5Y) Largest decline over 5 years	-39.46%	-48.62%	+9.16%
Max Drawdown (10Y) Largest decline over 10 years	-49.57%	-48.62%	-0.95%
Current Drawdown Current decline from peak	-16.62%	-44.05%	+27.43%
Average Drawdown Average peak-to-trough decline	-27.60%	-9.70%	-17.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.36%	23.40%	-13.04%

Volatility

XHB vs. GIB-A.TO - Volatility Comparison

The current volatility for SPDR S&P Homebuilders ETF (XHB) is 7.93%, while CGI Inc (GIB-A.TO) has a volatility of 10.50%. This indicates that XHB experiences smaller price fluctuations and is considered to be less risky than GIB-A.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XHB	GIB-A.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.93%	10.50%	-2.57%
Volatility (6M) Calculated over the trailing 6-month period	20.00%	24.92%	-4.92%
Volatility (1Y) Calculated over the trailing 1-year period	27.70%	28.49%	-0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.64%	22.29%	+5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.41%	22.20%	+5.21%

Dividends

XHB vs. GIB-A.TO - Dividend Comparison

XHB's dividend yield for the trailing twelve months is around 0.62%, less than GIB-A.TO's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIB-A.TO CGI Inc	0.70%	0.49%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XHB SPDR S&P Homebuilders ETF	0.62%	0.78%	0.59%	0.77%	1.06%	0.51%	0.73%	0.89%	1.25%	0.72%	0.67%	0.50%

Frequently Asked Questions

Can I hold both XHB and GIB-A.TO in my portfolio?

XHB and GIB-A.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.