PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XSB.TO vs. PLDI.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSB.TO vs. PLDI.TO

Last updated Jun 4, 2026

XSB.TO (iShares Core Canadian Short Term Bond Index ETF) and PLDI.TO (PIMCO Low Duration Monthly Income Fund (Canada)) are both exchange-traded funds - XSB.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD, while PLDI.TO is a fund fund. Over the past 5 years, XSB.TO returned 2.02%/yr vs 3.25%/yr for PLDI.TO. At a 0.21 correlation, their price movements are largely independent.

Performance

XSB.TO vs. PLDI.TO - 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 PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XSB.TO achieves a 1.03% return, which is significantly higher than PLDI.TO's 0.60% return.

XSB.TO

1D
0.04%
1M
0.93%
YTD
1.03%
6M
0.80%
1Y
2.95%
3Y*
4.75%
5Y*
2.02%
10Y*
1.96%

PLDI.TO

1D
-0.16%
1M
0.84%
YTD
0.60%
6M
0.71%
1Y
5.13%
3Y*
5.89%
5Y*
3.25%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSB.TO vs. PLDI.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		1.03%3.70%5.87%4.67%-4.04%-1.11%5.20%1.68%
PLDI.TO
PIMCO Low Duration Monthly Income Fund (Canada)		0.60%6.61%5.92%5.62%-2.88%1.59%0.36%3.40%

Correlation

The correlation between XSB.TO and PLDI.TO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.34

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

0.30

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

0.25

Correlation (All Time)
Calculated using the full available price history since Mar 20, 2019

0.21

The correlation between XSB.TO and PLDI.TO shifts across timeframes, from 0.21 (all time) to 0.34 (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

PIMCO Low Duration Monthly Income Fund (Canada)

Often compared with XSB.TO:
XSB.TO vs. XBB.TOXSB.TO vs. ZAG.TOXSB.TO vs. XSH.TOXSB.TO vs. VSB.TOXSB.TO vs. XCB.TOXSB.TO vs. XLB.TOXSB.TO vs. ZCS.TO
Often compared with PLDI.TO:
PLDI.TO vs. VBU.NEOPLDI.TO vs. TQQQPLDI.TO vs. XEQT.TOPLDI.TO vs. ZAG.TOPLDI.TO vs. ZMMK.TOPLDI.TO vs. ZCS.TOPLDI.TO vs. PMIF.TO

Return for Risk

XSB.TO vs. PLDI.TO — 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: 4141
Overall Rank
XSB.TO Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
XSB.TO Sortino Ratio Rank: 4040
Sortino Ratio Rank
XSB.TO Omega Ratio Rank: 4545
Omega Ratio Rank
XSB.TO Calmar Ratio Rank: 4040
Calmar Ratio Rank
XSB.TO Martin Ratio Rank: 4141
Martin Ratio Rank
PLDI.TO
PLDI.TO Risk / Return Rank: 3939
Overall Rank
PLDI.TO Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
PLDI.TO Sortino Ratio Rank: 3232
Sortino Ratio Rank
PLDI.TO Omega Ratio Rank: 3333
Omega Ratio Rank
PLDI.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
PLDI.TO Martin Ratio Rank: 4848
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. PLDI.TO - 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 PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.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.

XSB.TOPLDI.TODifference
Sharpe ratioReturn per unit of total volatility
1.48
1.14

+0.35

Sortino ratioReturn per unit of downside risk
2.11
1.71

+0.40

Omega ratioGain probability vs. loss probability

1.29

1.22

+0.07

Calmar ratioReturn relative to maximum drawdown

2.01

2.53

-0.52

Martin ratioReturn relative to average drawdown

6.68

7.87

-1.20

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSB.TO vs. PLDI.TO - Sharpe Ratio Comparison

The current XSB.TO Sharpe Ratio is 1.48, which is higher than the PLDI.TO Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of XSB.TO and PLDI.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

XSB.TOPLDI.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

1.14

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

1.02

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.11

1.00

+0.10

Drawdowns

XSB.TO vs. PLDI.TO - Drawdown Comparison

The maximum XSB.TO drawdown since its inception was -8.65%, which is greater than PLDI.TO's maximum drawdown of -6.86%. Use the drawdown chart below to compare losses from any high point for XSB.TO and PLDI.TO.

Loading charts...

Drawdown Indicators

XSB.TOPLDI.TODifference

Max Drawdown

Largest peak-to-trough decline

-8.65%

-6.86%

-1.79%

Max Drawdown (1Y)

Largest decline over 1 year

-1.47%

-2.03%

+0.56%

Max Drawdown (3Y)

Largest decline over 3 years

-1.47%

-2.55%

+1.08%

Max Drawdown (5Y)

Largest decline over 5 years

-6.99%

-5.45%

-1.54%

Max Drawdown (10Y)

Largest decline over 10 years

-8.65%

—

—

Current Drawdown

Current decline from peak

-0.12%

-0.44%

+0.32%

Average Drawdown

Average peak-to-trough decline

-0.83%

-0.79%

-0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.44%

0.65%

-0.21%

Volatility

XSB.TO vs. PLDI.TO - Volatility Comparison

The current volatility for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) is 0.78%, while PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.TO) has a volatility of 1.16%. This indicates that XSB.TO experiences smaller price fluctuations and is considered to be less risky than PLDI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XSB.TOPLDI.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.78%

1.16%

-0.38%

Volatility (6M)

Calculated over the trailing 6-month period

1.68%

3.67%

-1.99%

Volatility (1Y)

Calculated over the trailing 1-year period

2.00%

4.53%

-2.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.72%

4.81%

-2.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.40%

5.47%

-2.07%

Dividends

XSB.TO vs. PLDI.TO - Dividend Comparison

XSB.TO's dividend yield for the trailing twelve months is around 3.11%, less than PLDI.TO's 4.10% yield.

PositionTTM20252024202320222021202020192018201720162015
PLDI.TO
PIMCO Low Duration Monthly Income Fund (Canada)		4.10%4.37%7.04%5.80%3.29%2.04%4.71%2.49%0.00%0.00%0.00%0.00%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF		3.11%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 PLDI.TO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for XSB.TO and PLDI.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