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XHC.TO vs. LONG.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XHC.TO vs. LONG.TO

Last updated Jul 1, 2026
See Documentation

XHC.TO (iShares Global Healthcare Index ETF (CAD-Hedged)) and LONG.TO (CI Global Longevity Economy Fund) are both Health & Biotech Equities funds. XHC.TO is passively managed, while LONG.TO is actively managed. Over the past 5 years, XHC.TO returned 3.60%/yr vs 10.40%/yr for LONG.TO. At a 0.07 correlation, their price movements are largely independent.

Performance

XHC.TO vs. LONG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and CI Global Longevity Economy Fund (LONG.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XHC.TO achieves a 1.77% return, which is significantly lower than LONG.TO's 7.64% return.

XHC.TO

1D
-1.06%
1M
5.81%
YTD
1.77%
6M
1.52%
1Y
15.74%
3Y*
5.07%
5Y*
3.60%
10Y*
7.31%

LONG.TO

1D
0.82%
1M
0.20%
YTD
7.64%
6M
7.66%
1Y
21.51%
3Y*
17.35%
5Y*
10.40%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XHC.TO vs. LONG.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)		1.77%10.91%1.22%2.14%-3.57%17.32%9.12%
LONG.TO
CI Global Longevity Economy Fund		7.64%6.19%25.86%19.50%-9.01%11.77%22.32%

Correlation

The correlation between XHC.TO and LONG.TO is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.11

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

-0.00

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

0.07

Correlation (All Time)
Calculated using the full available price history since Jun 17, 2020

0.07

The correlation between XHC.TO and LONG.TO shifts across timeframes, from -0.11 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

iShares Global Healthcare Index ETF (CAD-Hedged)

CI Global Longevity Economy Fund

Often compared with XHC.TO:
XHC.TO vs. XLVXHC.TO vs. VHTXHC.TO vs. TDOCXHC.TO vs. LIFE.TOXHC.TO vs. XST.TOXHC.TO vs. ZUH.TOXHC.TO vs. IHI

Return for Risk

XHC.TO vs. LONG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XHC.TO
XHC.TO Risk / Return Rank: 3131
Overall Rank
XHC.TO Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
XHC.TO Sortino Ratio Rank: 3535
Sortino Ratio Rank
XHC.TO Omega Ratio Rank: 3030
Omega Ratio Rank
XHC.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
XHC.TO Martin Ratio Rank: 2828
Martin Ratio Rank
LONG.TO
LONG.TO Risk / Return Rank: 4242
Overall Rank
LONG.TO Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
LONG.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
LONG.TO Omega Ratio Rank: 4747
Omega Ratio Rank
LONG.TO Calmar Ratio Rank: 3333
Calmar Ratio Rank
LONG.TO Martin Ratio Rank: 3838
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.

XHC.TO vs. LONG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and CI Global Longevity Economy Fund (LONG.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.

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.

XHC.TOLONG.TODifference
Sharpe ratioReturn per unit of total volatility
1.06
1.42

-0.36

Sortino ratioReturn per unit of downside risk
1.68
1.99

-0.31

Omega ratioGain probability vs. loss probability

1.19

1.26

-0.07

Calmar ratioReturn relative to maximum drawdown

1.46

1.46

+0.01

Martin ratioReturn relative to average drawdown

3.49

5.21

-1.73

XHC.TO vs. LONG.TO - Sharpe Ratio Comparison

The current XHC.TO Sharpe Ratio is 1.06, which is comparable to the LONG.TO Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of XHC.TO and LONG.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.

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Drawdowns

XHC.TO vs. LONG.TO - Drawdown Comparison

The maximum XHC.TO drawdown since its inception was -27.28%, which is greater than LONG.TO's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for XHC.TO and LONG.TO.

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Drawdown Indicators

XHC.TOLONG.TODifference

Max Drawdown

Largest peak-to-trough decline

-27.28%

-23.65%

-3.63%

Max Drawdown (1Y)

Largest decline over 1 year

-10.79%

-16.39%

+5.60%

Max Drawdown (3Y)

Largest decline over 3 years

-18.81%

-22.45%

+3.64%

Max Drawdown (5Y)

Largest decline over 5 years

-18.81%

-23.65%

+4.84%

Max Drawdown (10Y)

Largest decline over 10 years

-27.28%

—

—

Current Drawdown

Current decline from peak

-2.66%

-1.91%

-0.75%

Average Drawdown

Average peak-to-trough decline

-5.17%

-5.66%

+0.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.53%

4.58%

-0.05%

Volatility

XHC.TO vs. LONG.TO - Volatility Comparison

The current volatility for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) is 5.17%, while CI Global Longevity Economy Fund (LONG.TO) has a volatility of 6.73%. This indicates that XHC.TO experiences smaller price fluctuations and is considered to be less risky than LONG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XHC.TOLONG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.17%

6.73%

-1.56%

Volatility (6M)

Calculated over the trailing 6-month period

11.08%

13.94%

-2.86%

Volatility (1Y)

Calculated over the trailing 1-year period

14.93%

16.87%

-1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.09%

17.38%

-3.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.79%

17.72%

-1.93%

Dividends

XHC.TO vs. LONG.TO - Dividend Comparison

XHC.TO's dividend yield for the trailing twelve months is around 1.90%, while LONG.TO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
LONG.TO
CI Global Longevity Economy Fund		0.00%0.00%0.00%0.33%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)		1.90%1.87%4.42%2.38%0.84%0.80%0.97%1.07%1.68%1.14%1.63%2.14%

Frequently Asked Questions

XHC.TO and LONG.TO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and CI.

Portfolio Optimizer

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