XIT.TO vs. XEQT.TO
XIT.TO (iShares S&P/TSX Capped Information Technology Index ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - XIT.TO is a Technology Equities fund tracking the Morningstar Gbl GR CAD, while XEQT.TO is a Global Equities fund actively managed by iShares. XIT.TO is passively managed, while XEQT.TO is actively managed. Over the past 5 years, XIT.TO returned 8.31%/yr vs 13.72%/yr for XEQT.TO. A 0.66 correlation means they provide meaningful diversification when combined. XIT.TO charges 0.60%/yr vs 0.20%/yr for XEQT.TO.
Performance
XIT.TO vs. XEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XIT.TO achieves a -4.19% return, which is significantly lower than XEQT.TO's 12.29% return.
XIT.TO
- 1D
- -3.62%
- 1M
- 5.49%
- YTD
- -4.19%
- 6M
- -5.79%
- 1Y
- 9.80%
- 3Y*
- 17.90%
- 5Y*
- 8.31%
- 10Y*
- 17.57%
XEQT.TO
- 1D
- -0.56%
- 1M
- 5.98%
- YTD
- 12.29%
- 6M
- 11.20%
- 1Y
- 29.24%
- 3Y*
- 21.78%
- 5Y*
- 13.72%
- 10Y*
- —
XIT.TO vs. XEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF | -4.19% | 15.48% | 30.02% | 55.56% | -35.85% | 10.73% | 45.91% | 8.50% |
XEQT.TO iShares Core Equity ETF Portfolio | 12.29% | 19.47% | 24.36% | 17.25% | -11.01% | 18.94% | 11.82% | 9.89% |
Correlation
The correlation between XIT.TO and XEQT.TO is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2019 | 0.66 |
The correlation between XIT.TO and XEQT.TO has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
XIT.TO vs. XEQT.TO - Sectors Allocation Comparison
Sectors
XIT.TO
XEQT.TO
Technology
Financial Services
Industrials
Basic Materials
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Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
Energy
-
Healthcare
-
Real Estate
-
Utilities
-
Technology
XIT.TO
XEQT.TO
Financial Services
XIT.TO
XEQT.TO
Industrials
XIT.TO
XEQT.TO
Basic Materials
XIT.TO
-
XEQT.TO
Communication Services
XIT.TO
-
XEQT.TO
Consumer Cyclical
XIT.TO
-
XEQT.TO
Consumer Defensive
XIT.TO
-
XEQT.TO
Energy
XIT.TO
-
XEQT.TO
Healthcare
XIT.TO
-
XEQT.TO
Real Estate
XIT.TO
-
XEQT.TO
Utilities
XIT.TO
-
XEQT.TO
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Return for Risk
XIT.TO vs. XEQT.TO — Risk / Return Rank
XIT.TO
XEQT.TO
XIT.TO vs. XEQT.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 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.
| XIT.TO | XEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.47 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 3.56 | -3.25 |
| Martin ratioReturn relative to average drawdown | 0.62 | 15.50 | -14.88 |
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
| XIT.TO | XEQT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 2.53 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 1.05 | -0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.95 | -0.65 |
Drawdowns
XIT.TO vs. XEQT.TO - Drawdown Comparison
The maximum XIT.TO drawdown since its inception was -81.18%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for XIT.TO and XEQT.TO.
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Drawdown Indicators
| XIT.TO | XEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.18% | -29.74% | -51.44% |
Max Drawdown (1Y)Largest decline over 1 year | -31.93% | -8.25% | -23.68% |
Max Drawdown (3Y)Largest decline over 3 years | -31.93% | -15.08% | -16.85% |
Max Drawdown (5Y)Largest decline over 5 years | -54.15% | -19.56% | -34.59% |
Max Drawdown (10Y)Largest decline over 10 years | -54.15% | — | — |
Current DrawdownCurrent decline from peak | -14.47% | -0.56% | -13.91% |
Average DrawdownAverage peak-to-trough decline | -26.86% | -4.11% | -22.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.74% | 1.89% | +13.85% |
Volatility
XIT.TO vs. XEQT.TO - Volatility Comparison
iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) has a higher volatility of 11.83% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 3.70%. This indicates that XIT.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.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.TO | XEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.83% | 3.70% | +8.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.39% | 9.38% | +15.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.36% | 11.63% | +19.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.37% | 13.12% | +16.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.71% | 15.56% | +11.15% |
XIT.TO vs. XEQT.TO - Expense Ratio Comparison
XIT.TO has a 0.60% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.
Dividends
XIT.TO vs. XEQT.TO - Dividend Comparison
XIT.TO has not paid dividends to shareholders, while XEQT.TO's dividend yield for the trailing twelve months is around 1.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEQT.TO iShares Core Equity ETF Portfolio | 1.48% | 1.66% | 2.01% | 2.07% | 2.12% | 1.64% | 1.66% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% |
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.29% | 0.00% | 0.13% | 0.14% | 0.08% |
Frequently Asked Questions
XIT.TO and XEQT.TO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.60% for XIT.TO.
XIT.TO is categorized as Technology Equities, while XEQT.TO is Global Equities. Their fees differ too: 0.60% for XIT.TO and 0.20% for XEQT.TO.
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