XHC.TO vs. XUS.TO
XHC.TO (iShares Global Healthcare Index ETF (CAD-Hedged)) and XUS.TO (iShares Core S&P 500 Index ETF) are both exchange-traded funds - XHC.TO is a Health & Biotech Equities fund tracking the Morningstar Gbl GR CAD, while XUS.TO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, XHC.TO returned 6.87%/yr vs 15.98%/yr for XUS.TO. A 0.56 correlation means they provide meaningful diversification when combined. XHC.TO charges 0.66%/yr vs 0.09%/yr for XUS.TO.
Performance
XHC.TO vs. XUS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XHC.TO achieves a -5.65% return, which is significantly lower than XUS.TO's 12.21% return. Over the past 10 years, XHC.TO has underperformed XUS.TO with an annualized return of 6.87%, while XUS.TO has yielded a comparatively higher 15.98% annualized return.
XHC.TO
- 1D
- 0.59%
- 1M
- 0.77%
- YTD
- -5.65%
- 6M
- -5.54%
- 1Y
- 7.72%
- 3Y*
- 2.70%
- 5Y*
- 3.54%
- 10Y*
- 6.87%
XUS.TO
- 1D
- -0.31%
- 1M
- 7.22%
- YTD
- 12.21%
- 6M
- 10.39%
- 1Y
- 29.30%
- 3Y*
- 23.52%
- 5Y*
- 16.78%
- 10Y*
- 15.98%
XHC.TO vs. XUS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | -5.65% | 10.91% | 1.22% | 2.14% | -3.56% | 21.32% | 8.71% | 22.47% | 2.20% | 16.84% |
XUS.TO iShares Core S&P 500 Index ETF | 12.21% | 12.19% | 35.16% | 23.31% | -12.59% | 27.20% | 15.56% | 24.57% | 3.31% | 13.56% |
Correlation
The correlation between XHC.TO and XUS.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2013 | 0.56 |
The correlation between XHC.TO and XUS.TO shifts across timeframes, from 0.40 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.
XHC.TO vs. XUS.TO - Sectors Allocation Comparison
Sectors
XHC.TO
XUS.TO
Healthcare
Consumer Defensive
Basic Materials
-
Communication Services
-
Consumer Cyclical
-
Energy
-
Financial Services
-
Industrials
-
Real Estate
-
Technology
-
Utilities
-
Healthcare
XHC.TO
XUS.TO
Consumer Defensive
XHC.TO
XUS.TO
Basic Materials
XHC.TO
-
XUS.TO
Communication Services
XHC.TO
-
XUS.TO
Consumer Cyclical
XHC.TO
-
XUS.TO
Energy
XHC.TO
-
XUS.TO
Financial Services
XHC.TO
-
XUS.TO
Industrials
XHC.TO
-
XUS.TO
Real Estate
XHC.TO
-
XUS.TO
Technology
XHC.TO
-
XUS.TO
Utilities
XHC.TO
-
XUS.TO
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Return for Risk
XHC.TO vs. XUS.TO — Risk / Return Rank
XHC.TO
XUS.TO
XHC.TO vs. XUS.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 iShares Core S&P 500 Index ETF (XUS.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.
| XHC.TO | XUS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.47 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 3.41 | -2.69 |
| Martin ratioReturn relative to average drawdown | 1.76 | 12.94 | -11.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XHC.TO | XUS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 2.55 | -2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 1.13 | -0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.98 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 1.08 | -0.41 |
Drawdowns
XHC.TO vs. XUS.TO - Drawdown Comparison
The maximum XHC.TO drawdown since its inception was -27.28%, roughly equal to the maximum XUS.TO drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for XHC.TO and XUS.TO.
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Drawdown Indicators
| XHC.TO | XUS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.28% | -27.23% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -8.63% | -2.16% |
Max Drawdown (3Y)Largest decline over 3 years | -18.81% | -18.96% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -18.81% | -21.85% | +3.04% |
Max Drawdown (10Y)Largest decline over 10 years | -27.28% | -27.23% | -0.05% |
Current DrawdownCurrent decline from peak | -9.76% | -0.31% | -9.45% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -3.46% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 2.27% | +2.12% |
Volatility
XHC.TO vs. XUS.TO - Volatility Comparison
iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) has a higher volatility of 4.76% compared to iShares Core S&P 500 Index ETF (XUS.TO) at 3.19%. This indicates that XHC.TO's price experiences larger fluctuations and is considered to be riskier than XUS.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.TO | XUS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 3.19% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 8.66% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 11.58% | +2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.87% | 14.92% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.75% | 16.48% | -0.73% |
XHC.TO vs. XUS.TO - Expense Ratio Comparison
XHC.TO has a 0.66% expense ratio, which is higher than XUS.TO's 0.09% expense ratio.
Dividends
XHC.TO vs. XUS.TO - Dividend Comparison
XHC.TO's dividend yield for the trailing twelve months is around 1.98%, more than XUS.TO's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | 1.98% | 1.87% | 4.42% | 2.38% | 0.84% | 0.79% | 0.96% | 1.07% | 1.68% | 1.14% | 1.63% | 2.15% |
XUS.TO iShares Core S&P 500 Index ETF | 1.12% | 1.26% | 1.03% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% |
Frequently Asked Questions
XHC.TO and XUS.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUS.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUS.TO is cheaper with a 0.09% expense ratio, compared with 0.66% for XHC.TO.
XHC.TO is categorized as Health & Biotech Equities, while XUS.TO is S&P 500. XHC.TO tracks Morningstar Gbl GR CAD, while XUS.TO tracks S&P 500 Index. Their fees differ too: 0.66% for XHC.TO and 0.09% for XUS.TO.
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