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XIT.TO vs. VFV.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XIT.TO vs. VFV.TO

Last updated Jun 26, 2026

XIT.TO (iShares S&P/TSX Capped Information Technology Index ETF) and VFV.TO (Vanguard S&P 500 Index ETF) are both exchange-traded funds - XIT.TO is a Technology Equities fund tracking the S&P/TSX Capped Information Technology Index, while VFV.TO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, XIT.TO returned 18.00%/yr vs 16.41%/yr for VFV.TO. A 0.57 correlation means they provide meaningful diversification when combined. XIT.TO charges 0.60%/yr vs 0.09%/yr for VFV.TO.

Performance

XIT.TO vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) and Vanguard S&P 500 Index ETF (VFV.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, XIT.TO achieves a -9.44% return, which is significantly lower than VFV.TO's 11.63% return. Over the past 10 years, XIT.TO has outperformed VFV.TO with an annualized return of 18.00%, while VFV.TO has yielded a comparatively lower 16.41% annualized return.

XIT.TO

1D
-1.24%
1M
3.43%
YTD
-9.44%
6M
-12.04%
1Y
0.34%
3Y*
16.62%
5Y*
5.01%
10Y*
18.00%

VFV.TO

1D
-0.26%
1M
0.62%
YTD
11.63%
6M
10.71%
1Y
26.01%
3Y*
23.67%
5Y*
15.99%
10Y*
16.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XIT.TO vs. VFV.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XIT.TO
iShares S&P/TSX Capped Information Technology Index ETF		-9.44%15.48%30.02%55.56%-35.85%10.74%45.91%60.88%11.71%17.09%
VFV.TO
Vanguard S&P 500 Index ETF		11.63%12.18%35.23%23.23%-12.58%27.51%15.61%25.14%2.95%13.69%

Correlation

The correlation between XIT.TO and VFV.TO is 0.53, 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

0.53

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

0.64

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

0.67

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

0.61

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2012

0.57

The correlation between XIT.TO and VFV.TO shifts across timeframes, from 0.53 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

XIT.TO vs. VFV.TO - Sectors Allocation Comparison

Sectors
XIT.TO
VFV.TO

Technology

99.8%
39.1%

Financial Services

0.8%
10.9%

Industrials

0.2%
7.8%

Basic Materials

-

1.7%

Communication Services

-

10.7%

Consumer Cyclical

-

9.9%

Consumer Defensive

-

4.5%

Energy

-

3.1%

Healthcare

-

8.3%

Real Estate

-

1.8%

Utilities

-

2.1%

Technology

XIT.TO
99.8%
VFV.TO
39.1%

Financial Services

XIT.TO
0.8%
VFV.TO
10.9%

Industrials

XIT.TO
0.2%
VFV.TO
7.8%

Basic Materials

XIT.TO

-

VFV.TO
1.7%

Communication Services

XIT.TO

-

VFV.TO
10.7%

Consumer Cyclical

XIT.TO

-

VFV.TO
9.9%

Consumer Defensive

XIT.TO

-

VFV.TO
4.5%

Energy

XIT.TO

-

VFV.TO
3.1%

Healthcare

XIT.TO

-

VFV.TO
8.3%

Real Estate

XIT.TO

-

VFV.TO
1.8%

Utilities

XIT.TO

-

VFV.TO
2.1%

Compare stocks, funds, or ETFs

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iShares S&P/TSX Capped Information Technology Index ETF

Vanguard S&P 500 Index ETF

Often compared with XIT.TO:
XIT.TO vs. XIU.TOXIT.TO vs. VGTXIT.TO vs. XQQ.TOXIT.TO vs. SPYXIT.TO vs. XUS.TOXIT.TO vs. QQQXIT.TO vs. QQC.TO
Often compared with VFV.TO:
VFV.TO vs. XEQT.TOVFV.TO vs. VEQT.TOVFV.TO vs. VOOVFV.TO vs. QQC.TOVFV.TO vs. VSP.TOVFV.TO vs. VCN.TOVFV.TO vs. XQQ.TO

Return for Risk

XIT.TO vs. VFV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XIT.TO
XIT.TO Risk / Return Rank: 99
Overall Rank
XIT.TO Sharpe Ratio Rank: 99
Sharpe Ratio Rank
XIT.TO Sortino Ratio Rank: 99
Sortino Ratio Rank
XIT.TO Omega Ratio Rank: 99
Omega Ratio Rank
XIT.TO Calmar Ratio Rank: 99
Calmar Ratio Rank
XIT.TO Martin Ratio Rank: 99
Martin Ratio Rank
VFV.TO
VFV.TO Risk / Return Rank: 7575
Overall Rank
VFV.TO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
VFV.TO Sortino Ratio Rank: 7878
Sortino Ratio Rank
VFV.TO Omega Ratio Rank: 7979
Omega Ratio Rank
VFV.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
VFV.TO Martin Ratio Rank: 7171
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.

XIT.TO vs. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) and Vanguard S&P 500 Index ETF (VFV.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.

XIT.TOVFV.TODifference
Sharpe ratioReturn per unit of total volatility
0.01
2.19

-2.18

Sortino ratioReturn per unit of downside risk
0.23
2.99

-2.76

Omega ratioGain probability vs. loss probability

1.03

1.41

-0.38

Calmar ratioReturn relative to maximum drawdown

0.01

3.03

-3.02

Martin ratioReturn relative to average drawdown

0.02

11.39

-11.37

XIT.TO vs. VFV.TO - Sharpe Ratio Comparison

The current XIT.TO Sharpe Ratio is 0.01, which is lower than the VFV.TO Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of XIT.TO and VFV.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

XIT.TO vs. VFV.TO - Drawdown Comparison

The maximum XIT.TO drawdown since its inception was -56.92%, which is greater than VFV.TO's maximum drawdown of -27.43%. Use the drawdown chart below to compare losses from any high point for XIT.TO and VFV.TO.

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Drawdown Indicators

XIT.TOVFV.TODifference

Max Drawdown

Largest peak-to-trough decline

-56.92%

-27.43%

-29.49%

Max Drawdown (1Y)

Largest decline over 1 year

-31.93%

-8.62%

-23.31%

Max Drawdown (3Y)

Largest decline over 3 years

-31.93%

-19.05%

-12.88%

Max Drawdown (5Y)

Largest decline over 5 years

-54.15%

-22.19%

-31.96%

Max Drawdown (10Y)

Largest decline over 10 years

-54.15%

-27.43%

-26.72%

Current Drawdown

Current decline from peak

-19.16%

-1.54%

-17.62%

Average Drawdown

Average peak-to-trough decline

-16.94%

-3.34%

-13.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.37%

2.29%

+14.08%

Volatility

XIT.TO vs. VFV.TO - Volatility Comparison

iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) has a higher volatility of 11.42% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 4.45%. This indicates that XIT.TO's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XIT.TOVFV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.42%

4.45%

+6.97%

Volatility (6M)

Calculated over the trailing 6-month period

24.69%

9.34%

+15.35%

Volatility (1Y)

Calculated over the trailing 1-year period

31.72%

11.91%

+19.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.46%

15.02%

+14.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.58%

16.60%

+11.98%

XIT.TO vs. VFV.TO - Expense Ratio Comparison

XIT.TO has a 0.60% expense ratio, which is higher than VFV.TO's 0.09% expense ratio.

Dividends

XIT.TO vs. VFV.TO - Dividend Comparison

XIT.TO has not paid dividends to shareholders, while VFV.TO's dividend yield for the trailing twelve months is around 0.84%.

PositionTTM20252024202320222021202020192018201720162015
VFV.TO
Vanguard S&P 500 Index ETF		0.84%0.92%0.99%1.20%1.31%1.06%1.33%1.55%1.69%1.51%1.65%1.63%
XIT.TO
iShares S&P/TSX Capped Information Technology Index ETF		0.00%0.00%0.00%0.00%0.00%0.03%0.00%0.35%0.00%0.15%0.18%0.10%

Frequently Asked Questions

XIT.TO and VFV.TO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VFV.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VFV.TO is cheaper with a 0.09% expense ratio, compared with 0.60% for XIT.TO.

XIT.TO is categorized as Technology Equities, while VFV.TO is S&P 500. XIT.TO tracks S&P/TSX Capped Information Technology Index, while VFV.TO tracks S&P 500 Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.60% for XIT.TO and 0.09% for VFV.TO.

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