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XMA.TO vs. META
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XMA.TO vs. META

Last updated Jun 14, 2026

XMA.TO (iShares S&P/TSX Capped Materials Index ETF) is Materials fund tracking the S&P/TSX Capped Materials TR, while META (Meta Platforms, Inc.) is a stock. Over the past 10 years, XMA.TO returned 13.48%/yr vs 18.40%/yr for META. At a 0.15 correlation, their price movements are largely independent.

Performance

XMA.TO vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Materials Index ETF (XMA.TO) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XMA.TO is traded in CAD, while META is traded in USD. To make them comparable, the META 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 higher than META's -12.29% return. Over the past 10 years, XMA.TO has underperformed META with an annualized return of 13.48%, while META has yielded a comparatively higher 18.40% 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%

META

1D
-0.07%
1M
-6.53%
YTD
-12.29%
6M
-10.59%
1Y
-14.41%
3Y*
30.10%
5Y*
14.79%
10Y*
18.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XMA.TO vs. META - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
META
Meta Platforms, Inc.		-12.29%7.93%80.11%187.14%-61.95%23.07%29.93%50.12%-19.47%42.99%

Correlation

The correlation between XMA.TO and META is 0.08, 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

0.08

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

0.11

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

0.16

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

0.18

Correlation (All Time)
Calculated using the full available price history since May 18, 2012

0.15

The correlation between XMA.TO and META shifts across timeframes, from 0.08 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares S&P/TSX Capped Materials Index ETF

Meta Platforms, Inc.

Often compared with XMA.TO:
XMA.TO vs. XGD.TOXMA.TO vs. XETM.TOXMA.TO vs. XIC.TOXMA.TO vs. ZUT.TOXMA.TO vs. XIT.TOXMA.TO vs. XEQT.TOXMA.TO vs. XBM.TO
Often compared with META:
META vs. MSFTMETA vs. GOOGMETA vs. AMZNMETA vs. AAPLMETA vs. TSLAMETA vs. SPYMETA vs. NVDA

Return for Risk

XMA.TO vs. META — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XMA.TO
XMA.TO Risk / Return Rank: 4444
Overall Rank
XMA.TO Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
XMA.TO Sortino Ratio Rank: 3939
Sortino Ratio Rank
XMA.TO Omega Ratio Rank: 4747
Omega Ratio Rank
XMA.TO Calmar Ratio Rank: 4545
Calmar Ratio Rank
XMA.TO Martin Ratio Rank: 3838
Martin Ratio Rank
META
META Risk / Return Rank: 2121
Overall Rank
META Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
META Sortino Ratio Rank: 2020
Sortino Ratio Rank
META Omega Ratio Rank: 2020
Omega Ratio Rank
META Calmar Ratio Rank: 2424
Calmar Ratio Rank
META Martin Ratio Rank: 1818
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.

XMA.TO vs. META - 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 Meta Platforms, Inc. (META). 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.TOMETADifference
Sharpe ratioReturn per unit of total volatility
1.46
-0.46

+1.92

Sortino ratioReturn per unit of downside risk
1.83
-0.46

+2.29

Omega ratioGain probability vs. loss probability

1.27

0.94

+0.32

Calmar ratioReturn relative to maximum drawdown

1.97

-0.49

+2.46

Martin ratioReturn relative to average drawdown

5.39

-1.02

+6.41

XMA.TO vs. META - Sharpe Ratio Comparison

The current XMA.TO Sharpe Ratio is 1.46, which is higher than the META Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of XMA.TO and META, 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

XMA.TO vs. META - Drawdown Comparison

The maximum XMA.TO drawdown since its inception was -64.42%, smaller than the maximum META drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for XMA.TO and META.

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Drawdown Indicators

XMA.TOMETADifference

Max Drawdown

Largest peak-to-trough decline

-64.42%

-74.70%

+10.28%

Max Drawdown (1Y)

Largest decline over 1 year

-28.51%

-32.92%

+4.41%

Max Drawdown (3Y)

Largest decline over 3 years

-28.51%

-33.74%

+5.23%

Max Drawdown (5Y)

Largest decline over 5 years

-33.06%

-74.70%

+41.64%

Max Drawdown (10Y)

Largest decline over 10 years

-33.06%

-74.70%

+41.64%

Current Drawdown

Current decline from peak

-23.00%

-27.02%

+4.02%

Average Drawdown

Average peak-to-trough decline

-27.07%

-15.46%

-11.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.41%

15.88%

-5.47%

Volatility

XMA.TO vs. META - Volatility Comparison

iShares S&P/TSX Capped Materials Index ETF (XMA.TO) has a higher volatility of 15.41% compared to Meta Platforms, Inc. (META) at 10.22%. This indicates that XMA.TO's price experiences larger fluctuations and is considered to be riskier than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XMA.TOMETADifference

Volatility (1M)

Calculated over the trailing 1-month period

15.41%

10.22%

+5.19%

Volatility (6M)

Calculated over the trailing 6-month period

32.63%

26.49%

+6.14%

Volatility (1Y)

Calculated over the trailing 1-year period

38.59%

35.28%

+3.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.96%

44.33%

-16.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.78%

39.18%

-12.40%

Dividends

XMA.TO vs. META - Dividend Comparison

XMA.TO's dividend yield for the trailing twelve months is around 0.39%, more than META's 0.37% yield.

PositionTTM20252024202320222021202020192018201720162015
META
Meta Platforms, Inc.		0.37%0.32%0.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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 META have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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