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XIU.TO vs. XEG.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XIU.TO vs. XEG.TO

Last updated Jun 5, 2026

XIU.TO (iShares S&P/TSX 60 Index ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - XIU.TO is a Canada Equities fund tracking the S&P/TSX 60 Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 10 years, XIU.TO returned 12.74%/yr vs 11.72%/yr for XEG.TO. A 0.65 correlation means they provide meaningful diversification when combined. XIU.TO charges 0.18%/yr vs 0.61%/yr for XEG.TO.

Performance

XIU.TO vs. XEG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX 60 Index ETF (XIU.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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, XIU.TO achieves a 11.56% return, which is significantly lower than XEG.TO's 45.28% return. Over the past 10 years, XIU.TO has outperformed XEG.TO with an annualized return of 12.74%, while XEG.TO has yielded a comparatively lower 11.72% annualized return.

XIU.TO

1D
1.29%
1M
5.10%
YTD
11.56%
6M
12.35%
1Y
33.92%
3Y*
23.20%
5Y*
14.66%
10Y*
12.74%

XEG.TO

1D
0.65%
1M
-0.64%
YTD
45.28%
6M
40.30%
1Y
73.90%
3Y*
28.57%
5Y*
29.65%
10Y*
11.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XIU.TO vs. XEG.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XIU.TO
iShares S&P/TSX 60 Index ETF		11.56%28.89%20.73%11.85%-6.35%28.06%5.27%21.81%-7.82%9.58%
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		45.28%16.72%14.08%3.52%53.25%83.71%-34.41%8.98%-27.05%-11.18%

Correlation

The correlation between XIU.TO and XEG.TO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.03

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

0.33

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

0.46

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

0.54

Correlation (All Time)
Calculated using the full available price history since Mar 26, 2001

0.65

Over the past year, the correlation between XIU.TO and XEG.TO has dropped to 0.03 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

XIU.TO vs. XEG.TO - Sectors Allocation Comparison

Sectors
XIU.TO
XEG.TO

Financial Services

39.4%

-

Energy

18.6%
100.0%

Basic Materials

13.3%

-

Technology

8.8%

-

Industrials

7.9%

-

Consumer Cyclical

4.1%

-

Consumer Defensive

3.2%

-

Utilities

2.6%

-

Communication Services

2.0%

-

Real Estate

0.2%

-

Healthcare

-

-

Financial Services

XIU.TO
39.4%
XEG.TO

-

Energy

XIU.TO
18.6%
XEG.TO
100.0%

Basic Materials

XIU.TO
13.3%
XEG.TO

-

Technology

XIU.TO
8.8%
XEG.TO

-

Industrials

XIU.TO
7.9%
XEG.TO

-

Consumer Cyclical

XIU.TO
4.1%
XEG.TO

-

Consumer Defensive

XIU.TO
3.2%
XEG.TO

-

Utilities

XIU.TO
2.6%
XEG.TO

-

Communication Services

XIU.TO
2.0%
XEG.TO

-

Real Estate

XIU.TO
0.2%
XEG.TO

-

Healthcare

XIU.TO

-

XEG.TO

-

Compare stocks, funds, or ETFs

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iShares S&P/TSX 60 Index ETF

iShares S&P/TSX Capped Energy Index ETF

Often compared with XIU.TO:
XIU.TO vs. XIC.TOXIU.TO vs. ZCN.TOXIU.TO vs. XDIV.TOXIU.TO vs. XSP.TOXIU.TO vs. HXT.TOXIU.TO vs. SPYXIU.TO vs. XIT.TO
Often compared with XEG.TO:
XEG.TO vs. XLEXEG.TO vs. XEQT.TOXEG.TO vs. CNQ.TOXEG.TO vs. HXE.TOXEG.TO vs. ZEO.TOXEG.TO vs. XDIV.TOXEG.TO vs. XCG.TO

Return for Risk

XIU.TO vs. XEG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XIU.TO
XIU.TO Risk / Return Rank: 8787
Overall Rank
XIU.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
XIU.TO Sortino Ratio Rank: 8787
Sortino Ratio Rank
XIU.TO Omega Ratio Rank: 8686
Omega Ratio Rank
XIU.TO Calmar Ratio Rank: 8484
Calmar Ratio Rank
XIU.TO Martin Ratio Rank: 9090
Martin Ratio Rank
XEG.TO
XEG.TO Risk / Return Rank: 8989
Overall Rank
XEG.TO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
XEG.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
XEG.TO Omega Ratio Rank: 8585
Omega Ratio Rank
XEG.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
XEG.TO Martin Ratio Rank: 8989
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.

XIU.TO vs. XEG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX 60 Index ETF (XIU.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.

XIU.TOXEG.TODifference
Sharpe ratioReturn per unit of total volatility
2.89
3.27

-0.38

Sortino ratioReturn per unit of downside risk
3.86
3.81

+0.05

Omega ratioGain probability vs. loss probability

1.52

1.51

+0.01

Calmar ratioReturn relative to maximum drawdown

4.45

6.68

-2.22

Martin ratioReturn relative to average drawdown

20.69

19.94

+0.75

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XIU.TO vs. XEG.TO - Sharpe Ratio Comparison

The current XIU.TO Sharpe Ratio is 2.89, which is comparable to the XEG.TO Sharpe Ratio of 3.27. The chart below compares the historical Sharpe Ratios of XIU.TO and XEG.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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Sharpe Ratios by Period

XIU.TOXEG.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.89

3.27

-0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.15

1.04

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

0.35

+0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.28

+0.23

Drawdowns

XIU.TO vs. XEG.TO - Drawdown Comparison

The maximum XIU.TO drawdown since its inception was -52.31%, smaller than the maximum XEG.TO drawdown of -87.74%. Use the drawdown chart below to compare losses from any high point for XIU.TO and XEG.TO.

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Drawdown Indicators

XIU.TOXEG.TODifference

Max Drawdown

Largest peak-to-trough decline

-52.31%

-87.74%

+35.43%

Max Drawdown (1Y)

Largest decline over 1 year

-7.65%

-11.12%

+3.47%

Max Drawdown (3Y)

Largest decline over 3 years

-12.36%

-25.67%

+13.31%

Max Drawdown (5Y)

Largest decline over 5 years

-16.36%

-28.42%

+12.06%

Max Drawdown (10Y)

Largest decline over 10 years

-35.46%

-79.66%

+44.20%

Current Drawdown

Current decline from peak

0.00%

-3.38%

+3.38%

Average Drawdown

Average peak-to-trough decline

-11.62%

-29.18%

+17.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.64%

3.72%

-2.08%

Volatility

XIU.TO vs. XEG.TO - Volatility Comparison

The current volatility for iShares S&P/TSX 60 Index ETF (XIU.TO) is 3.43%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 9.24%. This indicates that XIU.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XIU.TOXEG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.43%

9.24%

-5.81%

Volatility (6M)

Calculated over the trailing 6-month period

9.39%

18.90%

-9.51%

Volatility (1Y)

Calculated over the trailing 1-year period

11.79%

22.74%

-10.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.79%

28.62%

-15.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.01%

33.40%

-18.39%

XIU.TO vs. XEG.TO - Expense Ratio Comparison

XIU.TO has a 0.18% expense ratio, which is lower than XEG.TO's 0.61% expense ratio.

Dividends

XIU.TO vs. XEG.TO - Dividend Comparison

XIU.TO's dividend yield for the trailing twelve months is around 2.17%, less than XEG.TO's 2.64% yield.

PositionTTM20252024202320222021202020192018201720162015
XEG.TO
iShares S&P/TSX Capped Energy Index ETF		2.64%3.63%3.46%4.26%3.31%1.64%2.96%2.70%2.25%1.41%1.40%3.58%
XIU.TO
iShares S&P/TSX 60 Index ETF		2.17%2.39%2.92%3.16%3.02%2.43%3.03%2.87%3.18%2.58%2.65%3.19%

Frequently Asked Questions

XIU.TO and XEG.TO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XIU.TO is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XIU.TO is cheaper with a 0.18% expense ratio, compared with 0.61% for XEG.TO.

XIU.TO is categorized as Canada Equities, while XEG.TO is Energy Equities. XIU.TO tracks S&P/TSX 60 Index, while XEG.TO tracks S&P/TSX Capped Energy Index. Their fees differ too: 0.18% for XIU.TO and 0.61% for XEG.TO.

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