XINC.TO vs. XEQT.TO
Compare and contrast key facts about iShares Core Income Balanced ETF Portfolio (XINC.TO) and iShares Core Equity ETF Portfolio (XEQT.TO).
XINC.TO and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XINC.TO is an actively managed fund by iShares. It was launched on Aug 7, 2019. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XINC.TO or XEQT.TO.
Key characteristics
| XINC.TO | XEQT.TO | |
|---|---|---|
| YTD Return | 7.49% | 23.64% |
| 1Y Return | 13.13% | 31.98% |
| 3Y Return (Ann) | 1.16% | 8.84% |
| 5Y Return (Ann) | 2.95% | 11.98% |
| Sharpe Ratio | 2.14 | 3.27 |
| Sortino Ratio | 3.14 | 4.58 |
| Omega Ratio | 1.42 | 1.61 |
| Calmar Ratio | 1.36 | 4.75 |
| Martin Ratio | 12.52 | 24.69 |
| Ulcer Index | 1.05% | 1.28% |
| Daily Std Dev | 6.17% | 9.64% |
| Max Drawdown | -15.40% | -29.74% |
| Current Drawdown | -0.29% | -0.03% |
Correlation
The correlation between XINC.TO and XEQT.TO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XINC.TO vs. XEQT.TO - Performance Comparison
In the year-to-date period, XINC.TO achieves a 7.49% return, which is significantly lower than XEQT.TO's 23.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XINC.TO vs. XEQT.TO - Expense Ratio Comparison
Both XINC.TO and XEQT.TO have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XINC.TO vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Income Balanced ETF Portfolio (XINC.TO) and iShares Core Equity ETF Portfolio (XEQT.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.
Dividends
XINC.TO vs. XEQT.TO - Dividend Comparison
XINC.TO's dividend yield for the trailing twelve months is around 2.94%, more than XEQT.TO's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
XINC.TO iShares Core Income Balanced ETF Portfolio | 2.94% | 2.87% | 2.54% | 2.02% | 2.40% | 0.93% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.80% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% |
Drawdowns
XINC.TO vs. XEQT.TO - Drawdown Comparison
The maximum XINC.TO drawdown since its inception was -15.40%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for XINC.TO and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
XINC.TO vs. XEQT.TO - Volatility Comparison
The current volatility for iShares Core Income Balanced ETF Portfolio (XINC.TO) is 2.11%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 2.98%. This indicates that XINC.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.