XINC.TO vs. XHB.TO
XINC.TO (iShares Core Income Balanced ETF Portfolio) and XHB.TO (iShares Canadian HYBrid Corporate Bond Index ETF) are both exchange-traded funds - XINC.TO is a Diversified Portfolio fund actively managed by iShares, while XHB.TO is a Corporate Bonds fund tracking the Morningstar Can Corp Bd GR CAD. XINC.TO is actively managed, while XHB.TO is passively managed. Over the past 5 years, XINC.TO returned 3.19%/yr vs 5.67%/yr for XHB.TO. At a 0.36 correlation, their price movements are largely independent. XINC.TO charges 0.20%/yr vs 0.50%/yr for XHB.TO.
Performance
XINC.TO vs. XHB.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XINC.TO achieves a 3.53% return, which is significantly higher than XHB.TO's 2.12% return.
XINC.TO
- 1D
- 0.09%
- 1M
- 2.26%
- YTD
- 3.53%
- 6M
- 3.10%
- 1Y
- 8.23%
- 3Y*
- 7.73%
- 5Y*
- 3.19%
- 10Y*
- —
XHB.TO
- 1D
- -0.05%
- 1M
- 1.50%
- YTD
- 2.12%
- 6M
- 2.25%
- 1Y
- 5.37%
- 3Y*
- 9.70%
- 5Y*
- 5.67%
- 10Y*
- 5.64%
XINC.TO vs. XHB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.53% | 6.71% | 7.76% | 8.51% | -11.25% | 1.27% | 9.16% | 1.23% |
XHB.TO iShares Canadian HYBrid Corporate Bond Index ETF | 2.12% | 5.34% | 11.53% | 14.52% | -6.53% | 2.10% | 11.03% | 0.66% |
Correlation
The correlation between XINC.TO and XHB.TO is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2019 | 0.36 |
Over the past year, XINC.TO and XHB.TO have become more correlated (0.58) than their long-term average of 0.36, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XINC.TO vs. XHB.TO — Risk / Return Rank
XINC.TO
XHB.TO
XINC.TO vs. XHB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Income Balanced ETF Portfolio (XINC.TO) and iShares Canadian HYBrid Corporate Bond Index ETF (XHB.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.
| XINC.TO | XHB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 2.23 | +0.03 |
| Martin ratioReturn relative to average drawdown | 8.54 | 7.37 | +1.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XINC.TO | XHB.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.65 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 1.02 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.58 | -0.03 |
Drawdowns
XINC.TO vs. XHB.TO - Drawdown Comparison
The maximum XINC.TO drawdown since its inception was -15.40%, smaller than the maximum XHB.TO drawdown of -26.03%. Use the drawdown chart below to compare losses from any high point for XINC.TO and XHB.TO.
Loading charts...
Drawdown Indicators
| XINC.TO | XHB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.40% | -26.03% | +10.63% |
Max Drawdown (1Y)Largest decline over 1 year | -3.65% | -2.42% | -1.23% |
Max Drawdown (3Y)Largest decline over 3 years | -4.36% | -2.42% | -1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -15.40% | -11.83% | -3.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.03% | — |
Current DrawdownCurrent decline from peak | -0.05% | -0.05% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -1.59% | -2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 0.73% | +0.24% |
Volatility
XINC.TO vs. XHB.TO - Volatility Comparison
iShares Core Income Balanced ETF Portfolio (XINC.TO) has a higher volatility of 1.92% compared to iShares Canadian HYBrid Corporate Bond Index ETF (XHB.TO) at 1.17%. This indicates that XINC.TO's price experiences larger fluctuations and is considered to be riskier than XHB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XINC.TO | XHB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.92% | 1.17% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 2.62% | +1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.93% | 3.30% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.42% | 5.61% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.73% | 11.05% | -4.32% |
XINC.TO vs. XHB.TO - Expense Ratio Comparison
XINC.TO has a 0.20% expense ratio, which is lower than XHB.TO's 0.50% expense ratio.
Dividends
XINC.TO vs. XHB.TO - Dividend Comparison
XINC.TO's dividend yield for the trailing twelve months is around 3.19%, less than XHB.TO's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHB.TO iShares Canadian HYBrid Corporate Bond Index ETF | 4.53% | 4.48% | 7.49% | 8.06% | 7.74% | 5.57% | 5.47% | 5.75% | 4.07% | 4.08% | 4.35% | 4.78% |
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.19% | 3.16% | 2.81% | 2.87% | 2.54% | 2.02% | 2.40% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XINC.TO and XHB.TO have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XINC.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XINC.TO is cheaper with a 0.20% expense ratio, compared with 0.50% for XHB.TO.
XINC.TO is categorized as Diversified Portfolio, while XHB.TO is Corporate Bonds. Their fees differ too: 0.20% for XINC.TO and 0.50% for XHB.TO.
Find the right allocation for XINC.TO and XHB.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer