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XSHG.TO vs. XSTB.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XSHG.TO vs. XSTB.TO

Last updated Apr 2, 2026

Compare and contrast key facts about iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF (XSHG.TO) and iShares ESG Aware Canadian Short Term Bond Index ETF (XSTB.TO).

XSHG.TO and XSTB.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSHG.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 1-5Y Core Bd GR CAD. It was launched on Aug 6, 2021. XSTB.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can 1-5Y Core Bd GR CAD. It was launched on Mar 18, 2019. Both XSHG.TO and XSTB.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.

Performance

XSHG.TO vs. XSTB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF (XSHG.TO) and iShares ESG Aware Canadian Short Term Bond Index ETF (XSTB.TO). The values are adjusted to include any dividend payments, if applicable.

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XSHG.TO vs. XSTB.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XSHG.TO
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF		0.13%4.53%6.86%6.41%-4.26%-0.58%
XSTB.TO
iShares ESG Aware Canadian Short Term Bond Index ETF		0.26%3.60%5.28%4.86%-3.91%-0.86%

Returns By Period

In the year-to-date period, XSHG.TO achieves a 0.13% return, which is significantly lower than XSTB.TO's 0.26% return.

XSHG.TO

1D
0.03%
1M
-0.62%
YTD
0.13%
6M
0.65%
1Y
2.89%
3Y*
5.37%
5Y*
—
10Y*
—

XSTB.TO

1D
0.20%
1M
-0.57%
YTD
0.26%
6M
0.48%
1Y
2.14%
3Y*
4.10%
5Y*
1.86%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF

iShares ESG Aware Canadian Short Term Bond Index ETF

Often compared with XSHG.TO:
XSHG.TO vs. XSAB.TOXSHG.TO vs. XCBG.TOXSHG.TO vs. VFV.TOXSHG.TO vs. BSVXSHG.TO vs. ZBI.TOXSHG.TO vs. CLF.TOXSHG.TO vs. XSH.TO
Often compared with XSTB.TO:
XSTB.TO vs. XSTH.TOXSTB.TO vs. XSAB.TOXSTB.TO vs. BNDXSTB.TO vs. XCSR.TOXSTB.TO vs. ZST.TOXSTB.TO vs. GCNS.TOXSTB.TO vs. XCBG.TO

XSHG.TO vs. XSTB.TO - Expense Ratio Comparison

Both XSHG.TO and XSTB.TO have an expense ratio of 0.17%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

XSHG.TO
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF
XSTB.TO
iShares ESG Aware Canadian Short Term Bond Index ETF

Return for Risk

XSHG.TO vs. XSTB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSHG.TO
XSHG.TO Risk / Return Rank: 7878
Overall Rank
XSHG.TO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
XSHG.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
XSHG.TO Omega Ratio Rank: 8181
Omega Ratio Rank
XSHG.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
XSHG.TO Martin Ratio Rank: 7777
Martin Ratio Rank
XSTB.TO
XSTB.TO Risk / Return Rank: 6565
Overall Rank
XSTB.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
XSTB.TO Sortino Ratio Rank: 6868
Sortino Ratio Rank
XSTB.TO Omega Ratio Rank: 6666
Omega Ratio Rank
XSTB.TO Calmar Ratio Rank: 6262
Calmar Ratio Rank
XSTB.TO Martin Ratio Rank: 5858
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.

XSHG.TO vs. XSTB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF (XSHG.TO) and iShares ESG Aware Canadian Short Term Bond Index ETF (XSTB.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.

XSHG.TOXSTB.TODifference

Sharpe ratio

Return per unit of total volatility

1.53

1.29

+0.24

Sortino ratio

Return per unit of downside risk

2.15

1.77

+0.38

Omega ratio

Gain probability vs. loss probability

1.33

1.25

+0.07

Calmar ratio

Return relative to maximum drawdown

2.12

1.70

+0.42

Martin ratio

Return relative to average drawdown

8.93

6.15

+2.78

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

XSHG.TO vs. XSTB.TO - Sharpe Ratio Comparison

The current XSHG.TO Sharpe Ratio is 1.53, which is comparable to the XSTB.TO Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of XSHG.TO and XSTB.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

XSHG.TOXSTB.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.53

1.29

+0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.75

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.97

0.78

+0.19

Correlation

The correlation between XSHG.TO and XSTB.TO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XSHG.TO vs. XSTB.TO - Dividend Comparison

XSHG.TO's dividend yield for the trailing twelve months is around 3.72%, more than XSTB.TO's 2.89% yield.

TTM2025202420232022202120202019
XSHG.TO
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF		3.72%3.64%3.39%2.87%2.69%0.81%0.00%0.00%
XSTB.TO
iShares ESG Aware Canadian Short Term Bond Index ETF		2.89%2.88%2.64%2.22%1.93%1.82%2.10%1.83%

Drawdowns

XSHG.TO vs. XSTB.TO - Drawdown Comparison

The maximum XSHG.TO drawdown since its inception was -7.40%, which is greater than XSTB.TO's maximum drawdown of -6.92%. Use the drawdown chart below to compare losses from any high point for XSHG.TO and XSTB.TO.

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Drawdown Indicators

XSHG.TOXSTB.TODifference

Max Drawdown

Largest peak-to-trough decline

-7.40%

-6.92%

-0.48%

Max Drawdown (1Y)

Largest decline over 1 year

-1.44%

-1.35%

-0.09%

Max Drawdown (5Y)

Largest decline over 5 years

—

-6.76%

—

Current Drawdown

Current decline from peak

-0.87%

-0.87%

0.00%

Average Drawdown

Average peak-to-trough decline

-1.89%

-1.44%

-0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

0.37%

-0.03%

Volatility

XSHG.TO vs. XSTB.TO - Volatility Comparison

iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF (XSHG.TO) has a higher volatility of 0.95% compared to iShares ESG Aware Canadian Short Term Bond Index ETF (XSTB.TO) at 0.85%. This indicates that XSHG.TO's price experiences larger fluctuations and is considered to be riskier than XSTB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSHG.TOXSTB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.95%

0.85%

+0.10%

Volatility (6M)

Calculated over the trailing 6-month period

1.33%

1.29%

+0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

1.90%

1.79%

+0.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.81%

2.50%

+0.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.81%

2.73%

+0.08%