XMA.TO vs. COST
XMA.TO (iShares S&P/TSX Capped Materials Index ETF) is Materials fund tracking the S&P/TSX Capped Materials TR, while COST (Costco Wholesale Corporation) is a stock. Over the past 10 years, XMA.TO returned 13.48%/yr vs 23.32%/yr for COST. At a 0.08 correlation, their price movements are largely independent.
Performance
XMA.TO vs. COST - Performance Comparison
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Different Trading Currencies
XMA.TO is traded in CAD, while COST is traded in USD. To make them comparable, the COST values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XMA.TO achieves a 1.98% return, which is significantly lower than COST's 16.55% return. Over the past 10 years, XMA.TO has underperformed COST with an annualized return of 13.48%, while COST has yielded a comparatively higher 23.32% annualized return.
XMA.TO
- 1D
- 3.03%
- 1M
- -10.24%
- YTD
- 1.98%
- 6M
- 3.38%
- 1Y
- 53.64%
- 3Y*
- 33.28%
- 5Y*
- 18.78%
- 10Y*
- 13.48%
COST
- 1D
- 0.87%
- 1M
- -4.65%
- YTD
- 16.55%
- 6M
- 12.97%
- 1Y
- 2.52%
- 3Y*
- 26.99%
- 5Y*
- 25.70%
- 10Y*
- 23.32%
XMA.TO vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMA.TO iShares S&P/TSX Capped Materials Index ETF | 1.98% | 99.21% | 20.72% | -2.04% | 1.35% | 3.32% | 19.73% | 24.64% | -10.44% | 7.12% |
COST Costco Wholesale Corporation | 16.55% | -9.71% | 51.45% | 45.46% | -13.92% | 51.75% | 29.52% | 39.70% | 19.90% | 14.09% |
Correlation
The correlation between XMA.TO and COST is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.08 |
The correlation between XMA.TO and COST shifts across timeframes, from -0.05 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
XMA.TO vs. COST — Risk / Return Rank
XMA.TO
COST
XMA.TO vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Materials Index ETF (XMA.TO) and Costco Wholesale Corporation (COST). 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.
| XMA.TO | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.02 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 0.05 | +1.92 |
| Martin ratioReturn relative to average drawdown | 5.39 | 0.12 | +5.27 |
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Drawdowns
XMA.TO vs. COST - Drawdown Comparison
The maximum XMA.TO drawdown since its inception was -64.42%, which is greater than COST's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for XMA.TO and COST.
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Drawdown Indicators
| XMA.TO | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.42% | -33.74% | -30.68% |
Max Drawdown (1Y)Largest decline over 1 year | -28.51% | -14.89% | -13.62% |
Max Drawdown (3Y)Largest decline over 3 years | -28.51% | -23.58% | -4.93% |
Max Drawdown (5Y)Largest decline over 5 years | -33.06% | -30.01% | -3.05% |
Max Drawdown (10Y)Largest decline over 10 years | -33.06% | -30.01% | -3.05% |
Current DrawdownCurrent decline from peak | -23.00% | -10.25% | -12.75% |
Average DrawdownAverage peak-to-trough decline | -27.07% | -7.21% | -19.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.41% | 6.20% | +4.21% |
Volatility
XMA.TO vs. COST - Volatility Comparison
iShares S&P/TSX Capped Materials Index ETF (XMA.TO) has a higher volatility of 15.41% compared to Costco Wholesale Corporation (COST) at 7.80%. This indicates that XMA.TO's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMA.TO | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.41% | 7.80% | +7.61% |
Volatility (6M)Calculated over the trailing 6-month period | 32.63% | 15.65% | +16.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.59% | 20.08% | +18.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.96% | 23.87% | +4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.78% | 23.14% | +3.64% |
Dividends
XMA.TO vs. COST - Dividend Comparison
XMA.TO's dividend yield for the trailing twelve months is around 0.39%, less than COST's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.55% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
XMA.TO iShares S&P/TSX Capped Materials Index ETF | 0.39% | 0.41% | 0.83% | 1.26% | 1.24% | 0.87% | 0.63% | 0.64% | 0.75% | 0.47% | 0.82% | 1.87% |
Frequently Asked Questions
XMA.TO and COST have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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