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XID.TO vs. VEE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XID.TO vs. VEE.TO

Last updated Jun 4, 2026

XID.TO (iShares India Index ETF) and VEE.TO (Vanguard FTSE Emerging Markets All Cap Index ETF) are both exchange-traded funds - XID.TO is a Asia Pacific Equities fund tracking the Morningstar Gbl GR CAD, while VEE.TO is a Emerging Markets Equities fund tracking the FTSE Emerging Markets All Cap China A Inclusion Index. Both are passively managed. Over the past 10 years, XID.TO returned 6.69%/yr vs 9.01%/yr for VEE.TO. A 0.58 correlation means they provide meaningful diversification when combined. XID.TO charges 1.08%/yr vs 0.25%/yr for VEE.TO.

Performance

XID.TO vs. VEE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares India Index ETF (XID.TO) and Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.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, XID.TO achieves a -14.17% return, which is significantly lower than VEE.TO's 13.54% return. Over the past 10 years, XID.TO has underperformed VEE.TO with an annualized return of 6.69%, while VEE.TO has yielded a comparatively higher 9.01% annualized return.

XID.TO

1D
-0.95%
1M
-1.28%
YTD
-14.17%
6M
-14.49%
1Y
-13.67%
3Y*
2.43%
5Y*
3.77%
10Y*
6.69%

VEE.TO

1D
-0.90%
1M
4.93%
YTD
13.54%
6M
12.96%
1Y
31.71%
3Y*
18.62%
5Y*
7.50%
10Y*
9.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XID.TO vs. VEE.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XID.TO
iShares India Index ETF		-14.17%-0.28%12.36%14.07%-0.64%17.51%7.86%4.33%3.73%26.87%
VEE.TO
Vanguard FTSE Emerging Markets All Cap Index ETF		13.54%19.32%19.06%6.24%-12.78%0.05%12.32%14.33%-7.95%22.55%

Correlation

The correlation between XID.TO and VEE.TO is 0.56, 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

0.56

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

0.45

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

0.45

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

0.53

Correlation (All Time)
Calculated using the full available price history since Dec 7, 2011

0.59

The correlation between XID.TO and VEE.TO shifts across timeframes, from 0.45 (5 years) to 0.58 (all time), reflecting how their relationship changes across market environments.

XID.TO vs. VEE.TO - Sectors Allocation Comparison

Sectors
XID.TO
VEE.TO

Financial Services

35.4%
20.5%

Energy

11.3%
4.7%

Consumer Cyclical

10.8%
11.2%

Technology

8.5%
26.3%

Industrials

7.7%
7.9%

Basic Materials

7.3%
8.4%

Consumer Defensive

6.2%
3.9%

Communication Services

5.2%
7.8%

Healthcare

4.5%
4.1%

Utilities

3.0%
3.0%

Real Estate

-

2.3%

Financial Services

XID.TO
35.4%
VEE.TO
20.5%

Energy

XID.TO
11.3%
VEE.TO
4.7%

Consumer Cyclical

XID.TO
10.8%
VEE.TO
11.2%

Technology

XID.TO
8.5%
VEE.TO
26.3%

Industrials

XID.TO
7.7%
VEE.TO
7.9%

Basic Materials

XID.TO
7.3%
VEE.TO
8.4%

Consumer Defensive

XID.TO
6.2%
VEE.TO
3.9%

Communication Services

XID.TO
5.2%
VEE.TO
7.8%

Healthcare

XID.TO
4.5%
VEE.TO
4.1%

Utilities

XID.TO
3.0%
VEE.TO
3.0%

Real Estate

XID.TO

-

VEE.TO
2.3%

Compare stocks, funds, or ETFs

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

iShares India Index ETF

Vanguard FTSE Emerging Markets All Cap Index ETF

Often compared with XID.TO:
XID.TO vs. ZID.TOXID.TO vs. NFTYXID.TO vs. FLINXID.TO vs. GLINXID.TO vs. VOOXID.TO vs. VGRO.TOXID.TO vs. ZCN.TO
Often compared with VEE.TO:
VEE.TO vs. XEC.TOVEE.TO vs. ZEM.TOVEE.TO vs. VFV.TOVEE.TO vs. XEQT.TOVEE.TO vs. VIDY.TOVEE.TO vs. VOOVEE.TO vs. VXUS

Return for Risk

XID.TO vs. VEE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XID.TO
XID.TO Risk / Return Rank: 22
Overall Rank
XID.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
XID.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
XID.TO Omega Ratio Rank: 22
Omega Ratio Rank
XID.TO Calmar Ratio Rank: 33
Calmar Ratio Rank
XID.TO Martin Ratio Rank: 11
Martin Ratio Rank
VEE.TO
VEE.TO Risk / Return Rank: 6060
Overall Rank
VEE.TO Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
VEE.TO Sortino Ratio Rank: 6060
Sortino Ratio Rank
VEE.TO Omega Ratio Rank: 6363
Omega Ratio Rank
VEE.TO Calmar Ratio Rank: 5959
Calmar Ratio Rank
VEE.TO Martin Ratio Rank: 5959
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.

XID.TO vs. VEE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares India Index ETF (XID.TO) and Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.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.

XID.TOVEE.TODifference
Sharpe ratioReturn per unit of total volatility
-0.93
2.08

-3.01

Sortino ratioReturn per unit of downside risk
-1.34
2.90

-4.24

Omega ratioGain probability vs. loss probability

0.85

1.39

-0.54

Calmar ratioReturn relative to maximum drawdown

-0.73

2.97

-3.70

Martin ratioReturn relative to average drawdown

-1.60

10.74

-12.34

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

XID.TO vs. VEE.TO - Sharpe Ratio Comparison

The current XID.TO Sharpe Ratio is -0.93, which is lower than the VEE.TO Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of XID.TO and VEE.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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Sharpe Ratios by Period

XID.TOVEE.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.93

2.08

-3.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.49

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

0.53

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.44

-0.11

Drawdowns

XID.TO vs. VEE.TO - Drawdown Comparison

The maximum XID.TO drawdown since its inception was -42.26%, which is greater than VEE.TO's maximum drawdown of -29.84%. Use the drawdown chart below to compare losses from any high point for XID.TO and VEE.TO.

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Drawdown Indicators

XID.TOVEE.TODifference

Max Drawdown

Largest peak-to-trough decline

-42.26%

-29.84%

-12.42%

Max Drawdown (1Y)

Largest decline over 1 year

-18.75%

-10.74%

-8.01%

Max Drawdown (3Y)

Largest decline over 3 years

-20.11%

-14.97%

-5.14%

Max Drawdown (5Y)

Largest decline over 5 years

-20.11%

-26.10%

+5.99%

Max Drawdown (10Y)

Largest decline over 10 years

-39.46%

-29.84%

-9.62%

Current Drawdown

Current decline from peak

-18.69%

-0.90%

-17.79%

Average Drawdown

Average peak-to-trough decline

-10.43%

-8.73%

-1.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.57%

2.96%

+5.61%

Volatility

XID.TO vs. VEE.TO - Volatility Comparison

The current volatility for iShares India Index ETF (XID.TO) is 4.96%, while Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO) has a volatility of 6.04%. This indicates that XID.TO experiences smaller price fluctuations and is considered to be less risky than VEE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XID.TOVEE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.96%

6.04%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

12.55%

12.86%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

14.84%

15.31%

-0.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.32%

15.29%

-0.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.22%

16.97%

+1.25%

XID.TO vs. VEE.TO - Expense Ratio Comparison

XID.TO has a 1.08% expense ratio, which is higher than VEE.TO's 0.25% expense ratio.

Dividends

XID.TO vs. VEE.TO - Dividend Comparison

XID.TO's dividend yield for the trailing twelve months is around 16.69%, more than VEE.TO's 1.91% yield.

PositionTTM20252024202320222021202020192018201720162015
VEE.TO
Vanguard FTSE Emerging Markets All Cap Index ETF		1.91%2.26%2.45%2.83%3.35%2.18%1.61%2.71%2.21%1.89%1.99%2.53%
XID.TO
iShares India Index ETF		16.69%14.32%0.17%0.42%3.45%6.82%0.03%0.43%0.39%0.16%0.36%0.36%

Frequently Asked Questions

XID.TO and VEE.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VEE.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VEE.TO is cheaper with a 0.25% expense ratio, compared with 1.08% for XID.TO.

XID.TO is categorized as Asia Pacific Equities, while VEE.TO is Emerging Markets Equities. XID.TO tracks Morningstar Gbl GR CAD, while VEE.TO tracks FTSE Emerging Markets All Cap China A Inclusion Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 1.08% for XID.TO and 0.25% for VEE.TO.

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