XIU.TO vs. EWC
Compare and contrast key facts about iShares S&P/TSX 60 Index ETF (XIU.TO) and iShares MSCI Canada ETF (EWC).
XIU.TO and EWC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XIU.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 28, 1999. EWC is a passively managed fund by iShares that tracks the performance of the MSCI Canada Index. It was launched on Mar 12, 1996. Both XIU.TO and EWC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XIU.TO or EWC.
Key characteristics
| XIU.TO | EWC | |
|---|---|---|
| YTD Return | 6.57% | 4.42% |
| 1Y Return | 12.54% | 12.54% |
| 3Y Return (Ann) | 7.80% | 3.17% |
| 5Y Return (Ann) | 9.69% | 8.76% |
| 10Y Return (Ann) | 8.06% | 4.53% |
| Sharpe Ratio | 1.14 | 0.90 |
| Daily Std Dev | 11.24% | 14.59% |
| Max Drawdown | -52.32% | -60.75% |
| Current Drawdown | -0.44% | -1.44% |
Correlation
The correlation between XIU.TO and EWC is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XIU.TO vs. EWC - Performance Comparison
In the year-to-date period, XIU.TO achieves a 6.57% return, which is significantly higher than EWC's 4.42% return. Over the past 10 years, XIU.TO has outperformed EWC with an annualized return of 8.06%, while EWC has yielded a comparatively lower 4.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XIU.TO vs. EWC - Expense Ratio Comparison
XIU.TO has a 0.18% expense ratio, which is lower than EWC's 0.49% expense ratio.
Risk-Adjusted Performance
XIU.TO vs. EWC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX 60 Index ETF (XIU.TO) and iShares MSCI Canada ETF (EWC). 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
XIU.TO vs. EWC - Dividend Comparison
XIU.TO's dividend yield for the trailing twelve months is around 2.98%, more than EWC's 2.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XIU.TO iShares S&P/TSX 60 Index ETF | 2.98% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% | 2.65% | 2.68% |
EWC iShares MSCI Canada ETF | 2.17% | 2.27% | 2.34% | 1.85% | 2.09% | 2.16% | 2.65% | 1.97% | 1.75% | 2.34% | 2.15% | 2.37% |
Drawdowns
XIU.TO vs. EWC - Drawdown Comparison
The maximum XIU.TO drawdown since its inception was -52.32%, smaller than the maximum EWC drawdown of -60.75%. Use the drawdown chart below to compare losses from any high point for XIU.TO and EWC. For additional features, visit the drawdowns tool.
Volatility
XIU.TO vs. EWC - Volatility Comparison
iShares S&P/TSX 60 Index ETF (XIU.TO) and iShares MSCI Canada ETF (EWC) have volatilities of 3.45% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.