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XSB.TO vs. CRS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSB.TO vs. CRS

Last updated Jun 21, 2026

XSB.TO (iShares Core Canadian Short Term Bond Index ETF) is Short-Term Bond fund tracking the FTSE Canada Short Term Overall Bond Index, while CRS (Carpenter Technology Corporation) is a stock. Over the past 10 years, XSB.TO returned 2.01%/yr vs 36.10%/yr for CRS. At a correlation of -0.09, they often move in opposite directions.

Performance

XSB.TO vs. CRS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Canadian Short Term Bond Index ETF (XSB.TO) and Carpenter Technology Corporation (CRS). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XSB.TO is traded in CAD, while CRS is traded in USD. To make them comparable, the CRS values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XSB.TO achieves a 1.25% return, which is significantly lower than CRS's 91.99% return. Over the past 10 years, XSB.TO has underperformed CRS with an annualized return of 2.01%, while CRS has yielded a comparatively higher 36.10% annualized return.

XSB.TO

1D
0.00%
1M
0.63%
YTD
1.25%
6M
1.36%
1Y
3.15%
3Y*
4.91%
5Y*
2.14%
10Y*
2.01%

CRS

1D
2.67%
1M
37.23%
YTD
91.99%
6M
83.66%
1Y
138.61%
3Y*
130.72%
5Y*
77.65%
10Y*
36.10%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSB.TO vs. CRS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		1.25%3.70%5.87%4.67%-4.04%-1.11%5.20%3.20%1.60%0.13%
CRS
Carpenter Technology Corporation		91.99%77.73%162.19%89.86%37.70%2.61%-40.87%36.27%-23.20%33.69%

Correlation

The correlation between XSB.TO and CRS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.13

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

0.08

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

0.04

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

-0.01

Correlation (All Time)
Calculated using the full available price history since Jul 19, 2006

-0.09

The correlation between XSB.TO and CRS shifts across timeframes, from -0.09 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core Canadian Short Term Bond Index ETF

Carpenter Technology Corporation

Often compared with XSB.TO:
XSB.TO vs. XBB.TOXSB.TO vs. ZAG.TOXSB.TO vs. VSB.TOXSB.TO vs. XSH.TOXSB.TO vs. XCB.TOXSB.TO vs. XLB.TOXSB.TO vs. ZCS.TO
Often compared with CRS:
CRS vs. ATICRS vs. DRSCRS vs. USLMCRS vs. JBLCRS vs. COSTCRS vs. AVGOCRS vs. VIST

Return for Risk

XSB.TO vs. CRS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSB.TO
XSB.TO Risk / Return Rank: 4949
Overall Rank
XSB.TO Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
XSB.TO Sortino Ratio Rank: 4949
Sortino Ratio Rank
XSB.TO Omega Ratio Rank: 5353
Omega Ratio Rank
XSB.TO Calmar Ratio Rank: 4747
Calmar Ratio Rank
XSB.TO Martin Ratio Rank: 4747
Martin Ratio Rank
CRS
CRS Risk / Return Rank: 9494
Overall Rank
CRS Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
CRS Sortino Ratio Rank: 9393
Sortino Ratio Rank
CRS Omega Ratio Rank: 9292
Omega Ratio Rank
CRS Calmar Ratio Rank: 9696
Calmar Ratio Rank
CRS Martin Ratio Rank: 9494
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.

XSB.TO vs. CRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) and Carpenter Technology Corporation (CRS). 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.

XSB.TOCRSDifference
Sharpe ratioReturn per unit of total volatility
1.63
2.94

-1.31

Sortino ratioReturn per unit of downside risk
2.34
3.65

-1.31

Omega ratioGain probability vs. loss probability

1.32

1.46

-0.14

Calmar ratioReturn relative to maximum drawdown

2.22

7.85

-5.63

Martin ratioReturn relative to average drawdown

7.37

18.24

-10.87

XSB.TO vs. CRS - Sharpe Ratio Comparison

The current XSB.TO Sharpe Ratio is 1.63, which is lower than the CRS Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of XSB.TO and CRS, 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

XSB.TO vs. CRS - Drawdown Comparison

The maximum XSB.TO drawdown since its inception was -8.65%, smaller than the maximum CRS drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for XSB.TO and CRS.

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Drawdown Indicators

XSB.TOCRSDifference

Max Drawdown

Largest peak-to-trough decline

-8.65%

-80.29%

+71.64%

Max Drawdown (1Y)

Largest decline over 1 year

-1.47%

-18.13%

+16.66%

Max Drawdown (3Y)

Largest decline over 3 years

-1.47%

-30.12%

+28.65%

Max Drawdown (5Y)

Largest decline over 5 years

-6.99%

-39.85%

+32.86%

Max Drawdown (10Y)

Largest decline over 10 years

-8.65%

-71.83%

+63.18%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-0.79%

-25.94%

+25.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.44%

7.79%

-7.35%

Volatility

XSB.TO vs. CRS - Volatility Comparison

The current volatility for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) is 0.54%, while Carpenter Technology Corporation (CRS) has a volatility of 10.40%. This indicates that XSB.TO experiences smaller price fluctuations and is considered to be less risky than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSB.TOCRSDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.54%

10.40%

-9.86%

Volatility (6M)

Calculated over the trailing 6-month period

1.62%

33.83%

-32.21%

Volatility (1Y)

Calculated over the trailing 1-year period

2.01%

48.35%

-46.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.72%

47.03%

-44.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.40%

49.29%

-45.89%

Dividends

XSB.TO vs. CRS - Dividend Comparison

XSB.TO's dividend yield for the trailing twelve months is around 3.10%, more than CRS's 0.14% yield.

PositionTTM20252024202320222021202020192018201720162015
CRS
Carpenter Technology Corporation		0.14%0.25%0.47%1.13%2.17%2.74%2.75%1.61%2.13%1.41%1.99%2.38%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		3.10%3.15%3.05%2.67%2.28%2.05%2.21%2.39%2.39%2.36%2.36%2.50%

Frequently Asked Questions

XSB.TO and CRS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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