XMY.TO vs. XMU.TO
Compare and contrast key facts about iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and iShares MSCI Min Vol USA Index ETF (XMU.TO).
XMY.TO and XMU.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. XMU.TO is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Jul 24, 2012. Both XMY.TO and XMU.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMY.TO or XMU.TO.
Correlation
The correlation between XMY.TO and XMU.TO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XMY.TO vs. XMU.TO - Performance Comparison
Key characteristics
XMY.TO:
1.81
XMU.TO:
2.16
XMY.TO:
2.58
XMU.TO:
3.10
XMY.TO:
1.34
XMU.TO:
1.44
XMY.TO:
2.51
XMU.TO:
3.05
XMY.TO:
7.85
XMU.TO:
10.87
XMY.TO:
1.74%
XMU.TO:
1.89%
XMY.TO:
7.54%
XMU.TO:
9.49%
XMY.TO:
-29.00%
XMU.TO:
-27.31%
XMY.TO:
-1.70%
XMU.TO:
-2.59%
Returns By Period
In the year-to-date period, XMY.TO achieves a 2.46% return, which is significantly lower than XMU.TO's 3.64% return.
XMY.TO
2.46%
2.43%
5.60%
13.49%
4.98%
N/A
XMU.TO
3.64%
2.61%
9.40%
20.75%
7.98%
10.90%
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XMY.TO vs. XMU.TO - Expense Ratio Comparison
XMY.TO has a 0.49% expense ratio, which is higher than XMU.TO's 0.33% expense ratio.
Risk-Adjusted Performance
XMY.TO vs. XMU.TO — Risk-Adjusted Performance Rank
XMY.TO
XMU.TO
XMY.TO vs. XMU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and iShares MSCI Min Vol USA Index ETF (XMU.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.
Dividends
XMY.TO vs. XMU.TO - Dividend Comparison
XMY.TO's dividend yield for the trailing twelve months is around 1.86%, more than XMU.TO's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMY.TO iShares MSCI Min Vol Global Index ETF (CAD-Hedged) | 1.86% | 1.91% | 1.90% | 1.71% | 1.40% | 1.37% | 2.16% | 1.45% | 1.58% | 2.07% | 0.00% | 0.00% |
XMU.TO iShares MSCI Min Vol USA Index ETF | 1.13% | 1.17% | 1.37% | 1.14% | 1.04% | 1.64% | 1.40% | 1.44% | 1.55% | 1.78% | 1.40% | 4.84% |
Drawdowns
XMY.TO vs. XMU.TO - Drawdown Comparison
The maximum XMY.TO drawdown since its inception was -29.00%, which is greater than XMU.TO's maximum drawdown of -27.31%. Use the drawdown chart below to compare losses from any high point for XMY.TO and XMU.TO. For additional features, visit the drawdowns tool.
Volatility
XMY.TO vs. XMU.TO - Volatility Comparison
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and iShares MSCI Min Vol USA Index ETF (XMU.TO) have volatilities of 2.86% and 2.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.