XMY.TO vs. XMV.TO
Compare and contrast key facts about iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) and iShares MSCI Min Vol Canada Index ETF (XMV.TO).
XMY.TO and XMV.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. XMV.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Jul 24, 2012. Both XMY.TO and XMV.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 XMV.TO.
Correlation
The correlation between XMY.TO and XMV.TO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XMY.TO vs. XMV.TO - Performance Comparison
Key characteristics
XMY.TO:
1.76
XMV.TO:
1.88
XMY.TO:
2.50
XMV.TO:
2.46
XMY.TO:
1.33
XMV.TO:
1.37
XMY.TO:
2.42
XMV.TO:
1.96
XMY.TO:
7.55
XMV.TO:
6.55
XMY.TO:
1.75%
XMV.TO:
2.43%
XMY.TO:
7.52%
XMV.TO:
8.49%
XMY.TO:
-29.00%
XMV.TO:
-35.58%
XMY.TO:
-0.51%
XMV.TO:
-4.02%
Returns By Period
In the year-to-date period, XMY.TO achieves a 3.70% return, which is significantly higher than XMV.TO's 3.01% return.
XMY.TO
3.70%
2.96%
3.75%
13.07%
5.16%
N/A
XMV.TO
3.01%
1.61%
4.61%
16.14%
8.10%
7.57%
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XMY.TO vs. XMV.TO - Expense Ratio Comparison
XMY.TO has a 0.49% expense ratio, which is higher than XMV.TO's 0.33% expense ratio.
Risk-Adjusted Performance
XMY.TO vs. XMV.TO — Risk-Adjusted Performance Rank
XMY.TO
XMV.TO
XMY.TO vs. XMV.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 Canada Index ETF (XMV.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. XMV.TO - Dividend Comparison
XMY.TO's dividend yield for the trailing twelve months is around 1.84%, less than XMV.TO's 2.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMY.TO iShares MSCI Min Vol Global Index ETF (CAD-Hedged) | 1.84% | 1.91% | 1.90% | 1.71% | 1.40% | 1.37% | 2.16% | 1.45% | 1.58% | 2.07% | 0.00% | 0.00% |
XMV.TO iShares MSCI Min Vol Canada Index ETF | 2.35% | 2.42% | 2.73% | 2.50% | 2.12% | 2.83% | 2.54% | 3.04% | 2.59% | 2.19% | 2.57% | 5.65% |
Drawdowns
XMY.TO vs. XMV.TO - Drawdown Comparison
The maximum XMY.TO drawdown since its inception was -29.00%, smaller than the maximum XMV.TO drawdown of -35.58%. Use the drawdown chart below to compare losses from any high point for XMY.TO and XMV.TO. For additional features, visit the drawdowns tool.
Volatility
XMY.TO vs. XMV.TO - Volatility Comparison
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) has a higher volatility of 2.51% compared to iShares MSCI Min Vol Canada Index ETF (XMV.TO) at 2.36%. This indicates that XMY.TO's price experiences larger fluctuations and is considered to be riskier than XMV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.