XMY.TO vs. CAGE.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO).

XMY.TO and CAGE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMY.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 5, 2016. CAGE.TO is an actively managed fund by Avantis. It was launched on Mar 18, 2026.

Performance

XMY.TO vs. CAGE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.TO). The values are adjusted to include any dividend payments, if applicable.

XMY.TO vs. CAGE.TO - Yearly Performance Comparison

	2026 (YTD)
XMY.TO iShares MSCI Min Vol Global Index ETF (CAD-Hedged)	-1.59%
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF	1.44%

Returns By Period

XMY.TO

• 1D: -0.09%
• 1M: -4.73%
• YTD: -0.70%
• 6M: 0.21%
• 1Y: 3.37%
• 3Y*: 9.25%
• 5Y*: 6.30%
• 10Y*: —

CAGE.TO

• 1D: 2.40%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XMY.TO vs. CAGE.TO - Expense Ratio Comparison

XMY.TO

iShares MSCI Min Vol Global Index ETF (CAD-Hedged)

Return for Risk

XMY.TO vs. CAGE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMY.TO

XMY.TO Risk / Return Rank: 20
XMY.TO Sharpe Ratio Rank: 20
XMY.TO Sortino Ratio Rank: 18
XMY.TO Omega Ratio Rank: 20
XMY.TO Calmar Ratio Rank: 19
XMY.TO Martin Ratio Rank: 22

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.

XMY.TO vs. CAGE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and Avantis CIBC All-Equity Asset Allocation ETF (CAGE.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.

	XMY.TO	CAGE.TO	Difference
Sharpe ratio Return per unit of total volatility	0.31	—	—
Sortino ratio Return per unit of downside risk	0.48	—	—
Omega ratio Gain probability vs. loss probability	1.08	—	—
Calmar ratio Return relative to maximum drawdown	0.34	—	—
Martin ratio Return relative to average drawdown	1.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XMY.TO	CAGE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	2.21	-1.60

Correlation

The correlation between XMY.TO and CAGE.TO is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

XMY.TO vs. CAGE.TO - Dividend Comparison

XMY.TO's dividend yield for the trailing twelve months is around 1.91%, while CAGE.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
XMY.TO iShares MSCI Min Vol Global Index ETF (CAD-Hedged)	1.91%	1.90%	1.91%	1.90%	1.71%	1.40%	1.37%	2.16%	1.45%	1.58%	2.07%
CAGE.TO Avantis CIBC All-Equity Asset Allocation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XMY.TO vs. CAGE.TO - Drawdown Comparison

The maximum XMY.TO drawdown since its inception was -29.00%, which is greater than CAGE.TO's maximum drawdown of -2.93%. Use the drawdown chart below to compare losses from any high point for XMY.TO and CAGE.TO.

Drawdown Indicators

	XMY.TO	CAGE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.00%	-2.93%	-26.07%
Max Drawdown (1Y) Largest decline over 1 year	-8.05%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.89%	—	—
Current Drawdown Current decline from peak	-5.06%	0.00%	-5.06%
Average Drawdown Average peak-to-trough decline	-3.30%	-1.09%	-2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	XMY.TO	CAGE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.93%	23.65%	-12.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.73%	23.65%	-13.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.53%	23.65%	-12.12%