XRB.TO vs. XLB.TO
Compare and contrast key facts about iShares Canadian Real Return Bond Index ETF (XRB.TO) and iShares Core Canadian Long Term Bond Index ETF (XLB.TO).
XRB.TO and XLB.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRB.TO is a passively managed fund by iShares that tracks the performance of the FTSE Canada Real Return Bond Index. It was launched on Dec 19, 2005. XLB.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 10+Y Core Bd GR CAD. It was launched on Nov 6, 2006. Both XRB.TO and XLB.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: XRB.TO or XLB.TO.
Correlation
The correlation between XRB.TO and XLB.TO is 0.78, 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
XRB.TO vs. XLB.TO - Performance Comparison
Key characteristics
XRB.TO:
0.89
XLB.TO:
1.44
XRB.TO:
1.32
XLB.TO:
2.15
XRB.TO:
1.15
XLB.TO:
1.25
XRB.TO:
0.39
XLB.TO:
1.88
XRB.TO:
5.01
XLB.TO:
8.37
XRB.TO:
1.84%
XLB.TO:
1.97%
XRB.TO:
10.36%
XLB.TO:
11.40%
XRB.TO:
-26.51%
XLB.TO:
-24.34%
XRB.TO:
-14.96%
XLB.TO:
-2.29%
Returns By Period
In the year-to-date period, XRB.TO achieves a 0.74% return, which is significantly lower than XLB.TO's 0.99% return. Over the past 10 years, XRB.TO has underperformed XLB.TO with an annualized return of 0.01%, while XLB.TO has yielded a comparatively higher 4.90% annualized return.
XRB.TO
0.74%
2.97%
2.14%
8.60%
-1.45%
0.01%
XLB.TO
0.99%
3.76%
5.62%
17.01%
5.02%
4.90%
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XRB.TO vs. XLB.TO - Expense Ratio Comparison
XRB.TO has a 0.39% expense ratio, which is higher than XLB.TO's 0.20% expense ratio.
Risk-Adjusted Performance
XRB.TO vs. XLB.TO — Risk-Adjusted Performance Rank
XRB.TO
XLB.TO
XRB.TO vs. XLB.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Real Return Bond Index ETF (XRB.TO) and iShares Core Canadian Long Term Bond Index ETF (XLB.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
XRB.TO vs. XLB.TO - Dividend Comparison
XRB.TO's dividend yield for the trailing twelve months is around 2.41%, less than XLB.TO's 12.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XRB.TO iShares Canadian Real Return Bond Index ETF | 2.41% | 2.43% | 2.43% | 1.88% | 1.27% | 1.40% | 1.77% | 1.79% | 1.74% | 1.63% | 1.66% | 3.37% |
XLB.TO iShares Core Canadian Long Term Bond Index ETF | 12.02% | 12.10% | 12.22% | 13.13% | 8.82% | 7.43% | 3.18% | 3.56% | 3.45% | 3.62% | 3.64% | 3.90% |
Drawdowns
XRB.TO vs. XLB.TO - Drawdown Comparison
The maximum XRB.TO drawdown since its inception was -26.51%, which is greater than XLB.TO's maximum drawdown of -24.34%. Use the drawdown chart below to compare losses from any high point for XRB.TO and XLB.TO. For additional features, visit the drawdowns tool.
Volatility
XRB.TO vs. XLB.TO - Volatility Comparison
The current volatility for iShares Canadian Real Return Bond Index ETF (XRB.TO) is 3.49%, while iShares Core Canadian Long Term Bond Index ETF (XLB.TO) has a volatility of 3.83%. This indicates that XRB.TO experiences smaller price fluctuations and is considered to be less risky than XLB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.