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XMY.TO vs. ONEQ.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XMY.TO vs. ONEQ.TO

Last updated Jul 1, 2026
See Documentation

XMY.TO (iShares MSCI Min Vol Global Index ETF (CAD-Hedged)) and ONEQ.TO (CI Global Core Plus Equity ETF) are both Global Equities funds. XMY.TO is passively managed, while ONEQ.TO is actively managed. Over the past 10 years, XMY.TO returned 7.18%/yr vs 12.40%/yr for ONEQ.TO. At a 0.31 correlation, their price movements are largely independent.

Performance

XMY.TO vs. ONEQ.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 CI Global Core Plus Equity ETF (ONEQ.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, XMY.TO achieves a 2.01% return, which is significantly lower than ONEQ.TO's 12.41% return. Over the past 10 years, XMY.TO has underperformed ONEQ.TO with an annualized return of 7.18%, while ONEQ.TO has yielded a comparatively higher 12.40% annualized return.

XMY.TO

1D
0.06%
1M
-0.08%
YTD
2.01%
6M
0.61%
1Y
4.45%
3Y*
9.36%
5Y*
6.00%
10Y*
7.18%

ONEQ.TO

1D
-0.02%
1M
-0.52%
YTD
12.41%
6M
12.14%
1Y
26.29%
3Y*
21.18%
5Y*
12.91%
10Y*
12.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
XMY.TO
iShares MSCI Min Vol Global Index ETF (CAD-Hedged)		2.01%9.22%13.48%7.15%-7.59%16.37%-1.31%19.41%-2.11%15.60%
ONEQ.TO
CI Global Core Plus Equity ETF		12.41%17.62%22.45%19.07%-10.74%21.65%8.21%22.22%-10.36%13.10%

Correlation

The correlation between XMY.TO and ONEQ.TO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.15

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

0.26

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

0.36

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

0.31

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2016

0.31

The correlation between XMY.TO and ONEQ.TO shifts across timeframes, from 0.15 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

CI Global Core Plus Equity ETF

Often compared with XMY.TO:
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Return for Risk

XMY.TO vs. ONEQ.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: 1717
Overall Rank
XMY.TO Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
XMY.TO Sortino Ratio Rank: 1414
Sortino Ratio Rank
XMY.TO Omega Ratio Rank: 1717
Omega Ratio Rank
XMY.TO Calmar Ratio Rank: 1818
Calmar Ratio Rank
XMY.TO Martin Ratio Rank: 2020
Martin Ratio Rank
ONEQ.TO
ONEQ.TO Risk / Return Rank: 8787
Overall Rank
ONEQ.TO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
ONEQ.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
ONEQ.TO Omega Ratio Rank: 8888
Omega Ratio Rank
ONEQ.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
ONEQ.TO Martin Ratio Rank: 9191
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.

XMY.TO vs. ONEQ.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 CI Global Core Plus Equity ETF (ONEQ.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.

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.

XMY.TOONEQ.TODifference
Sharpe ratioReturn per unit of total volatility
0.44
2.29

-1.84

Sortino ratioReturn per unit of downside risk
0.67
3.32

-2.65

Omega ratioGain probability vs. loss probability

1.10

1.47

-0.36

Calmar ratioReturn relative to maximum drawdown

0.66

4.08

-3.42

Martin ratioReturn relative to average drawdown

2.19

18.06

-15.87

XMY.TO vs. ONEQ.TO - Sharpe Ratio Comparison

The current XMY.TO Sharpe Ratio is 0.44, which is lower than the ONEQ.TO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of XMY.TO and ONEQ.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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Drawdowns

XMY.TO vs. ONEQ.TO - Drawdown Comparison

The maximum XMY.TO drawdown since its inception was -29.00%, smaller than the maximum ONEQ.TO drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for XMY.TO and ONEQ.TO.

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Drawdown Indicators

XMY.TOONEQ.TODifference

Max Drawdown

Largest peak-to-trough decline

-29.00%

-34.40%

+5.40%

Max Drawdown (1Y)

Largest decline over 1 year

-6.74%

-6.66%

-0.08%

Max Drawdown (3Y)

Largest decline over 3 years

-8.10%

-16.08%

+7.98%

Max Drawdown (5Y)

Largest decline over 5 years

-13.89%

-17.61%

+3.72%

Max Drawdown (10Y)

Largest decline over 10 years

-29.00%

-34.40%

+5.40%

Current Drawdown

Current decline from peak

-2.48%

-1.58%

-0.90%

Average Drawdown

Average peak-to-trough decline

-3.28%

-3.71%

+0.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.04%

1.50%

+0.54%

Volatility

XMY.TO vs. ONEQ.TO - Volatility Comparison

iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) has a higher volatility of 7.23% compared to CI Global Core Plus Equity ETF (ONEQ.TO) at 3.68%. This indicates that XMY.TO's price experiences larger fluctuations and is considered to be riskier than ONEQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XMY.TOONEQ.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.23%

3.68%

+3.55%

Volatility (6M)

Calculated over the trailing 6-month period

9.00%

9.89%

-0.89%

Volatility (1Y)

Calculated over the trailing 1-year period

10.12%

11.89%

-1.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.17%

13.27%

-3.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.61%

13.93%

-2.32%

Dividends

XMY.TO vs. ONEQ.TO - Dividend Comparison

XMY.TO's dividend yield for the trailing twelve months is around 1.75%, more than ONEQ.TO's 1.62% yield.

PositionTTM2025202420232022202120202019201820172016
ONEQ.TO
CI Global Core Plus Equity ETF		1.62%1.60%1.05%1.53%1.38%0.89%1.22%1.39%0.94%1.03%1.22%
XMY.TO
iShares MSCI Min Vol Global Index ETF (CAD-Hedged)		1.75%1.90%1.91%1.90%1.71%1.40%1.37%2.16%1.45%1.57%2.07%

Frequently Asked Questions

XMY.TO and ONEQ.TO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and CI.

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