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XSI.TO vs. XEQT.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSI.TO vs. XEQT.TO

Last updated Jun 4, 2026

XSI.TO (iShares Short Term Strategic Fixed Income ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - XSI.TO is a High Yield Bonds fund tracking the Morningstar Gbl HY Bd GR CAD, while XEQT.TO is a Global Equities fund actively managed by iShares. XSI.TO is passively managed, while XEQT.TO is actively managed. Over the past 5 years, XSI.TO returned 1.63%/yr vs 13.72%/yr for XEQT.TO. At a 0.31 correlation, their price movements are largely independent. XSI.TO charges 0.55%/yr vs 0.20%/yr for XEQT.TO.

Performance

XSI.TO vs. XEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Short Term Strategic Fixed Income ETF (XSI.TO) and iShares Core Equity ETF Portfolio (XEQT.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XSI.TO achieves a 0.57% return, which is significantly lower than XEQT.TO's 12.29% return.

XSI.TO

1D
-0.18%
1M
0.70%
YTD
0.57%
6M
0.38%
1Y
3.10%
3Y*
4.94%
5Y*
1.63%
10Y*
2.25%

XEQT.TO

1D
-0.56%
1M
5.98%
YTD
12.29%
6M
11.20%
1Y
29.24%
3Y*
21.78%
5Y*
13.72%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSI.TO vs. XEQT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XSI.TO
iShares Short Term Strategic Fixed Income ETF		0.57%3.82%5.36%7.51%-8.90%0.59%3.70%1.48%
XEQT.TO
iShares Core Equity ETF Portfolio		12.29%19.47%24.36%17.25%-11.01%18.94%11.82%9.89%

Correlation

The correlation between XSI.TO and XEQT.TO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.44

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

0.29

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

0.30

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2019

0.31

The correlation between XSI.TO and XEQT.TO shifts across timeframes, from 0.29 (3 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.

XSI.TO vs. XEQT.TO - Sectors Allocation Comparison

Sectors
XSI.TO
XEQT.TO

Utilities

93.3%
2.8%

Real Estate

6.7%
2.2%

Basic Materials

-

7.3%

Communication Services

-

6.4%

Consumer Cyclical

-

7.8%

Consumer Defensive

-

4.4%

Energy

-

7.2%

Financial Services

-

20.3%

Healthcare

-

6.6%

Industrials

-

12.1%

Technology

-

22.9%

Utilities

XSI.TO
93.3%
XEQT.TO
2.8%

Real Estate

XSI.TO
6.7%
XEQT.TO
2.2%

Basic Materials

XSI.TO

-

XEQT.TO
7.3%

Communication Services

XSI.TO

-

XEQT.TO
6.4%

Consumer Cyclical

XSI.TO

-

XEQT.TO
7.8%

Consumer Defensive

XSI.TO

-

XEQT.TO
4.4%

Energy

XSI.TO

-

XEQT.TO
7.2%

Financial Services

XSI.TO

-

XEQT.TO
20.3%

Healthcare

XSI.TO

-

XEQT.TO
6.6%

Industrials

XSI.TO

-

XEQT.TO
12.1%

Technology

XSI.TO

-

XEQT.TO
22.9%

Compare stocks, funds, or ETFs

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iShares Short Term Strategic Fixed Income ETF

iShares Core Equity ETF Portfolio

Often compared with XSI.TO:
XSI.TO vs. ERNS.LXSI.TO vs. CGHY.TOXSI.TO vs. ZHY.TOXSI.TO vs. ZFH.TOXSI.TO vs. BND.TOXSI.TO vs. XHY.TOXSI.TO vs. XEI.TO
Often compared with XEQT.TO:
XEQT.TO vs. VFV.TOXEQT.TO vs. VEQT.TOXEQT.TO vs. XGRO.TOXEQT.TO vs. ZEQT.TOXEQT.TO vs. VGRO.TOXEQT.TO vs. XEI.TOXEQT.TO vs. VOO

Return for Risk

XSI.TO vs. XEQT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSI.TO
XSI.TO Risk / Return Rank: 2626
Overall Rank
XSI.TO Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
XSI.TO Sortino Ratio Rank: 2424
Sortino Ratio Rank
XSI.TO Omega Ratio Rank: 2525
Omega Ratio Rank
XSI.TO Calmar Ratio Rank: 2727
Calmar Ratio Rank
XSI.TO Martin Ratio Rank: 2929
Martin Ratio Rank
XEQT.TO
XEQT.TO Risk / Return Rank: 7575
Overall Rank
XEQT.TO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XEQT.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
XEQT.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XEQT.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
XEQT.TO Martin Ratio Rank: 7878
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.

XSI.TO vs. XEQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short Term Strategic Fixed Income ETF (XSI.TO) and iShares Core Equity ETF Portfolio (XEQT.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.

XSI.TOXEQT.TODifference
Sharpe ratioReturn per unit of total volatility
0.87
2.53

-1.66

Sortino ratioReturn per unit of downside risk
1.27
3.49

-2.23

Omega ratioGain probability vs. loss probability

1.16

1.47

-0.30

Calmar ratioReturn relative to maximum drawdown

1.29

3.56

-2.27

Martin ratioReturn relative to average drawdown

3.94

15.50

-11.57

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

XSI.TO vs. XEQT.TO - Sharpe Ratio Comparison

The current XSI.TO Sharpe Ratio is 0.87, which is lower than the XEQT.TO Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of XSI.TO and XEQT.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.

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Sharpe Ratios by Period

XSI.TOXEQT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

2.53

-1.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

1.05

-0.66

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.39

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.95

-0.61

Drawdowns

XSI.TO vs. XEQT.TO - Drawdown Comparison

The maximum XSI.TO drawdown since its inception was -18.53%, smaller than the maximum XEQT.TO drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for XSI.TO and XEQT.TO.

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Drawdown Indicators

XSI.TOXEQT.TODifference

Max Drawdown

Largest peak-to-trough decline

-18.53%

-29.74%

+11.21%

Max Drawdown (1Y)

Largest decline over 1 year

-2.42%

-8.25%

+5.83%

Max Drawdown (3Y)

Largest decline over 3 years

-2.84%

-15.08%

+12.24%

Max Drawdown (5Y)

Largest decline over 5 years

-12.03%

-19.56%

+7.53%

Max Drawdown (10Y)

Largest decline over 10 years

-18.53%

—

—

Current Drawdown

Current decline from peak

-0.69%

-0.56%

-0.13%

Average Drawdown

Average peak-to-trough decline

-2.26%

-4.11%

+1.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

1.89%

-1.10%

Volatility

XSI.TO vs. XEQT.TO - Volatility Comparison

The current volatility for iShares Short Term Strategic Fixed Income ETF (XSI.TO) is 1.39%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 3.70%. This indicates that XSI.TO experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSI.TOXEQT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.39%

3.70%

-2.31%

Volatility (6M)

Calculated over the trailing 6-month period

2.99%

9.38%

-6.39%

Volatility (1Y)

Calculated over the trailing 1-year period

3.59%

11.63%

-8.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.25%

13.12%

-8.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.81%

15.56%

-9.75%

XSI.TO vs. XEQT.TO - Expense Ratio Comparison

XSI.TO has a 0.55% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.

Dividends

XSI.TO vs. XEQT.TO - Dividend Comparison

XSI.TO's dividend yield for the trailing twelve months is around 4.36%, more than XEQT.TO's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
XEQT.TO
iShares Core Equity ETF Portfolio		1.48%1.66%2.01%2.07%2.12%1.64%1.66%1.19%0.00%0.00%0.00%0.00%
XSI.TO
iShares Short Term Strategic Fixed Income ETF		4.36%4.42%4.43%4.28%3.49%2.88%3.04%3.41%3.31%3.22%3.30%3.60%

Frequently Asked Questions

XSI.TO and XEQT.TO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.55% for XSI.TO.

XSI.TO is categorized as High Yield Bonds, while XEQT.TO is Global Equities. Their fees differ too: 0.55% for XSI.TO and 0.20% for XEQT.TO.

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