PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XSEA.TO vs. ESGE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSEA.TO vs. ESGE.TO

Last updated Jul 17, 2026
Documentation

XSEA.TO (iShares ESG Aware MSCI EAFE Index ETF) and ESGE.TO (BMO MSCI EAFE Selection Equity Index ETF) are both Foreign Large Cap Equities funds. Over the past 5 years, XSEA.TO returned 10.53%/yr vs 9.86%/yr for ESGE.TO. A 0.71 correlation means they provide meaningful diversification when combined.

Performance

XSEA.TO vs. ESGE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares ESG Aware MSCI EAFE Index ETF (XSEA.TO) and BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both investments are quite close, with XSEA.TO having a 12.82% return and ESGE.TO slightly higher at 12.92%.

XSEA.TO

1D
-0.57%
1M
-0.03%
6M
7.32%
YTD
12.82%
1Y
21.16%
3Y*
16.46%
5Y*
10.53%
10Y*
—

ESGE.TO

1D
-0.36%
1M
0.46%
6M
8.19%
YTD
12.92%
1Y
24.06%
3Y*
15.54%
5Y*
9.86%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSEA.TO vs. ESGE.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF		12.82%21.00%11.92%15.28%-8.97%11.09%3.71%
ESGE.TO
BMO MSCI EAFE Selection Equity Index ETF		12.92%19.50%10.61%15.06%-11.25%11.14%4.41%

Correlation

The correlation between XSEA.TO and ESGE.TO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.84

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

0.78

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

0.73

Correlation (All Time)
Calculated using the full available price history since Jan 21, 2020

0.71

The correlation between XSEA.TO and ESGE.TO shifts across timeframes, from 0.71 (all time) to 0.84 (1 year), reflecting how their relationship changes across market environments.

XSEA.TO vs. ESGE.TO - Sectors Allocation Comparison

Sectors
XSEA.TO
ESGE.TO

Financial Services

25.3%
23.0%

Industrials

19.1%
18.1%

Technology

13.4%
14.3%

Healthcare

9.2%
10.0%

Consumer Cyclical

6.9%
6.8%

Consumer Defensive

6.4%
6.2%

Basic Materials

5.0%
6.1%

Communication Services

4.8%
6.2%

Energy

4.0%
3.1%

Utilities

4.0%
4.3%

Real Estate

2.0%
1.9%

Financial Services

XSEA.TO
25.3%
ESGE.TO
23.0%

Industrials

XSEA.TO
19.1%
ESGE.TO
18.1%

Technology

XSEA.TO
13.4%
ESGE.TO
14.3%

Healthcare

XSEA.TO
9.2%
ESGE.TO
10.0%

Consumer Cyclical

XSEA.TO
6.9%
ESGE.TO
6.8%

Consumer Defensive

XSEA.TO
6.4%
ESGE.TO
6.2%

Basic Materials

XSEA.TO
5.0%
ESGE.TO
6.1%

Communication Services

XSEA.TO
4.8%
ESGE.TO
6.2%

Energy

XSEA.TO
4.0%
ESGE.TO
3.1%

Utilities

XSEA.TO
4.0%
ESGE.TO
4.3%

Real Estate

XSEA.TO
2.0%
ESGE.TO
1.9%

Compare stocks, funds, or ETFs

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

iShares ESG Aware MSCI EAFE Index ETF

BMO MSCI EAFE Selection Equity Index ETF

Often compared with XSEA.TO:
XSEA.TO vs. XDSR.TOXSEA.TO vs. XSEM.TOXSEA.TO vs. XSUS.TOXSEA.TO vs. ESGDXSEA.TO vs. XAW.TOXSEA.TO vs. XEU.TOXSEA.TO vs. XEQT.TO
Often compared with ESGE.TO:
ESGE.TO vs. ZLD.TOESGE.TO vs. FLUR.NEOESGE.TO vs. ZXM.TOESGE.TO vs. ZDV.TOESGE.TO vs. XDSR.TOESGE.TO vs. ZEA.TOESGE.TO vs. ZEB.TO

Return for Risk

XSEA.TO vs. ESGE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSEA.TO
XSEA.TO Risk / Return Rank: 4848
Overall Rank
XSEA.TO Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
XSEA.TO Sortino Ratio Rank: 4848
Sortino Ratio Rank
XSEA.TO Omega Ratio Rank: 4949
Omega Ratio Rank
XSEA.TO Calmar Ratio Rank: 4343
Calmar Ratio Rank
XSEA.TO Martin Ratio Rank: 5151
Martin Ratio Rank
ESGE.TO
ESGE.TO Risk / Return Rank: 6060
Overall Rank
ESGE.TO Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
ESGE.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
ESGE.TO Omega Ratio Rank: 6060
Omega Ratio Rank
ESGE.TO Calmar Ratio Rank: 5353
Calmar Ratio Rank
ESGE.TO Martin Ratio Rank: 6060
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.

XSEA.TO vs. ESGE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EAFE Index ETF (XSEA.TO) and BMO MSCI EAFE Selection Equity Index ETF (ESGE.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.

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.

XSEA.TOESGE.TODifference
Sharpe ratioReturn per unit of total volatility
1.38
1.65

-0.28

Sortino ratioReturn per unit of downside risk
1.96
2.35

-0.39

Omega ratioGain probability vs. loss probability

1.25

1.30

-0.04

Calmar ratioReturn relative to maximum drawdown

1.77

2.16

-0.39

Martin ratioReturn relative to average drawdown

6.89

8.28

-1.39

XSEA.TO vs. ESGE.TO - Sharpe Ratio Comparison

The current XSEA.TO Sharpe Ratio is 1.38, which is comparable to the ESGE.TO Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of XSEA.TO and ESGE.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...

Drawdowns

XSEA.TO vs. ESGE.TO - Drawdown Comparison

The maximum XSEA.TO drawdown since its inception was -28.64%, roughly equal to the maximum ESGE.TO drawdown of -27.77%. Use the drawdown chart below to compare losses from any high point for XSEA.TO and ESGE.TO.

Loading charts...

Drawdown Indicators

XSEA.TOESGE.TODifference

Max Drawdown

Largest peak-to-trough decline

-28.64%

-27.77%

-0.87%

Max Drawdown (1Y)

Largest decline over 1 year

-11.99%

-11.17%

-0.82%

Max Drawdown (3Y)

Largest decline over 3 years

-14.50%

-14.68%

+0.18%

Max Drawdown (5Y)

Largest decline over 5 years

-27.70%

-25.79%

-1.91%

Current Drawdown

Current decline from peak

-2.58%

-2.46%

-0.12%

Average Drawdown

Average peak-to-trough decline

-5.87%

-5.27%

-0.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

2.91%

+0.17%

Volatility

XSEA.TO vs. ESGE.TO - Volatility Comparison

iShares ESG Aware MSCI EAFE Index ETF (XSEA.TO) and BMO MSCI EAFE Selection Equity Index ETF (ESGE.TO) have volatilities of 3.64% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XSEA.TOESGE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.64%

3.74%

-0.10%

Volatility (6M)

Calculated over the trailing 6-month period

12.69%

12.58%

+0.11%

Volatility (1Y)

Calculated over the trailing 1-year period

15.42%

14.62%

+0.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.83%

13.85%

+1.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.89%

16.27%

+0.62%

Dividends

XSEA.TO vs. ESGE.TO - Dividend Comparison

XSEA.TO's dividend yield for the trailing twelve months is around 2.35%, more than ESGE.TO's 1.78% yield.

PositionTTM2025202420232022202120202019
ESGE.TO
BMO MSCI EAFE Selection Equity Index ETF		1.78%2.10%2.60%2.89%2.95%2.54%2.75%0.00%
XSEA.TO
iShares ESG Aware MSCI EAFE Index ETF		2.35%2.46%2.90%2.64%2.35%2.12%1.40%2.38%

Frequently Asked Questions

XSEA.TO and ESGE.TO have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: iShares and BMO.

Portfolio Optimizer

Find the right allocation for XSEA.TO and ESGE.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