XQLT.TO vs. XIU.TO
XQLT.TO (iShares MSCI USA Quality Factor Index ETF) and XIU.TO (iShares S&P/TSX 60 Index ETF) are both exchange-traded funds - XQLT.TO is a Large Cap Growth Equities fund tracking the MSCI USA Sector Neutral Quality Index, while XIU.TO is a Canada Equities fund tracking the S&P/TSX 60 Index. Both are passively managed. Over the past 5 years, XQLT.TO returned 14.73%/yr vs 14.37%/yr for XIU.TO. At a 0.49 correlation, their price movements are largely independent. XQLT.TO charges 0.32%/yr vs 0.18%/yr for XIU.TO.
Performance
XQLT.TO vs. XIU.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with XQLT.TO having a 10.01% return and XIU.TO slightly higher at 10.14%.
XQLT.TO
- 1D
- 0.35%
- 1M
- 6.81%
- YTD
- 10.01%
- 6M
- 8.23%
- 1Y
- 22.80%
- 3Y*
- 20.56%
- 5Y*
- 14.73%
- 10Y*
- —
XIU.TO
- 1D
- -0.87%
- 1M
- 3.47%
- YTD
- 10.14%
- 6M
- 12.10%
- 1Y
- 31.65%
- 3Y*
- 22.48%
- 5Y*
- 14.37%
- 10Y*
- 12.62%
XQLT.TO vs. XIU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XQLT.TO iShares MSCI USA Quality Factor Index ETF | 10.01% | 7.09% | 32.37% | 28.08% | -17.15% | 27.90% | 11.61% | 9.78% |
XIU.TO iShares S&P/TSX 60 Index ETF | 10.14% | 28.89% | 20.73% | 11.85% | -6.35% | 28.06% | 5.27% | 2.81% |
Correlation
The correlation between XQLT.TO and XIU.TO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2019 | 0.49 |
The correlation between XQLT.TO and XIU.TO shifts across timeframes, from 0.49 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.
XQLT.TO vs. XIU.TO - Sectors Allocation Comparison
Sectors
XQLT.TO
XIU.TO
Technology
Financial Services
Communication Services
Consumer Cyclical
Healthcare
-
Industrials
Consumer Defensive
Energy
Utilities
Real Estate
Basic Materials
Technology
XQLT.TO
XIU.TO
Financial Services
XQLT.TO
XIU.TO
Communication Services
XQLT.TO
XIU.TO
Consumer Cyclical
XQLT.TO
XIU.TO
Healthcare
XQLT.TO
XIU.TO
-
Industrials
XQLT.TO
XIU.TO
Consumer Defensive
XQLT.TO
XIU.TO
Energy
XQLT.TO
XIU.TO
Utilities
XQLT.TO
XIU.TO
Real Estate
XQLT.TO
XIU.TO
Basic Materials
XQLT.TO
XIU.TO
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XQLT.TO vs. XIU.TO — Risk / Return Rank
XQLT.TO
XIU.TO
XQLT.TO vs. XIU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Factor Index ETF (XQLT.TO) and iShares S&P/TSX 60 Index ETF (XIU.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.
| XQLT.TO | XIU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.49 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 4.16 | -1.41 |
| Martin ratioReturn relative to average drawdown | 10.40 | 19.30 | -8.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XQLT.TO | XIU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 2.71 | -0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 1.13 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.51 | +0.42 |
Drawdowns
XQLT.TO vs. XIU.TO - Drawdown Comparison
The maximum XQLT.TO drawdown since its inception was -25.12%, smaller than the maximum XIU.TO drawdown of -52.31%. Use the drawdown chart below to compare losses from any high point for XQLT.TO and XIU.TO.
Loading charts...
Drawdown Indicators
| XQLT.TO | XIU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.12% | -52.31% | +27.19% |
Max Drawdown (1Y)Largest decline over 1 year | -8.35% | -7.65% | -0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -18.95% | -12.36% | -6.59% |
Max Drawdown (5Y)Largest decline over 5 years | -25.12% | -16.36% | -8.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.46% | — |
Current DrawdownCurrent decline from peak | -1.21% | -0.87% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -11.63% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.64% | +0.56% |
Volatility
XQLT.TO vs. XIU.TO - Volatility Comparison
iShares MSCI USA Quality Factor Index ETF (XQLT.TO) has a higher volatility of 3.85% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 3.28%. This indicates that XQLT.TO's price experiences larger fluctuations and is considered to be riskier than XIU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XQLT.TO | XIU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 3.28% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 9.32% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.85% | 11.73% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 12.78% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.44% | 15.01% | +1.43% |
XQLT.TO vs. XIU.TO - Expense Ratio Comparison
XQLT.TO has a 0.32% expense ratio, which is higher than XIU.TO's 0.18% expense ratio.
Dividends
XQLT.TO vs. XIU.TO - Dividend Comparison
XQLT.TO's dividend yield for the trailing twelve months is around 0.63%, less than XIU.TO's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XIU.TO iShares S&P/TSX 60 Index ETF | 2.20% | 2.39% | 2.92% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% |
XQLT.TO iShares MSCI USA Quality Factor Index ETF | 0.63% | 0.69% | 0.72% | 0.94% | 1.21% | 0.87% | 1.11% | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XQLT.TO and XIU.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIU.TO is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIU.TO is cheaper with a 0.18% expense ratio, compared with 0.32% for XQLT.TO.
XQLT.TO is categorized as Large Cap Growth Equities, while XIU.TO is Canada Equities. XQLT.TO tracks MSCI USA Sector Neutral Quality Index, while XIU.TO tracks S&P/TSX 60 Index. Their fees differ too: 0.32% for XQLT.TO and 0.18% for XIU.TO.
Find the right allocation for XQLT.TO and XIU.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer