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XST.TO vs. BALT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XST.TO vs. BALT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) and Innovator Defined Wealth Shield ETF (BALT).

XST.TO and BALT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XST.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 12, 2011. BALT is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Jun 30, 2021. Both XST.TO and BALT 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

XST.TO vs. BALT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) and Innovator Defined Wealth Shield ETF (BALT). The values are adjusted to include any dividend payments, if applicable.

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XST.TO vs. BALT - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XST.TO
iShares S&P/TSX Capped Consumer Staples Index ETF		2.54%16.38%19.83%6.37%8.76%10.56%
BALT
Innovator Defined Wealth Shield ETF		1.27%1.76%19.42%5.09%9.84%2.53%
Different Trading Currencies

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

Returns By Period

In the year-to-date period, XST.TO achieves a 2.54% return, which is significantly higher than BALT's 1.27% return.

XST.TO

1D
0.23%
1M
-2.08%
YTD
2.54%
6M
9.33%
1Y
15.51%
3Y*
12.75%
5Y*
13.55%
10Y*
9.66%

BALT

1D
-0.00%
1M
0.84%
YTD
1.27%
6M
1.77%
1Y
3.70%
3Y*
8.16%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

iShares S&P/TSX Capped Consumer Staples Index ETF

Innovator Defined Wealth Shield ETF

Often compared with XST.TO:
XST.TO vs. VDCXST.TO vs. VOOXST.TO vs. XQQ.TOXST.TO vs. CHSCPXST.TO vs. XSTP.TOXST.TO vs. XMU.TOXST.TO vs. XHC.TO
Often compared with BALT:
BALT vs. SPYBALT vs. BSCTBALT vs. BUFDBALT vs. BSCSBALT vs. RSPNBALT vs. MUSABALT vs. HLIPX

XST.TO vs. BALT - Expense Ratio Comparison

XST.TO has a 0.61% expense ratio, which is lower than BALT's 0.69% expense ratio.

BALT
Innovator Defined Wealth Shield ETF
XST.TO
iShares S&P/TSX Capped Consumer Staples Index ETF

Return for Risk

XST.TO vs. BALT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XST.TO
XST.TO Risk / Return Rank: 5353
Overall Rank
XST.TO Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
XST.TO Sortino Ratio Rank: 5151
Sortino Ratio Rank
XST.TO Omega Ratio Rank: 4242
Omega Ratio Rank
XST.TO Calmar Ratio Rank: 7474
Calmar Ratio Rank
XST.TO Martin Ratio Rank: 5050
Martin Ratio Rank
BALT
BALT Risk / Return Rank: 8484
Overall Rank
BALT Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
BALT Sortino Ratio Rank: 8585
Sortino Ratio Rank
BALT Omega Ratio Rank: 9393
Omega Ratio Rank
BALT Calmar Ratio Rank: 7373
Calmar Ratio Rank
BALT Martin Ratio Rank: 9191
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.

XST.TO vs. BALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) and Innovator Defined Wealth Shield ETF (BALT). 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.

XST.TOBALTDifference

Sharpe ratio

Return per unit of total volatility

0.94

0.59

+0.35

Sortino ratio

Return per unit of downside risk

1.42

0.81

+0.62

Omega ratio

Gain probability vs. loss probability

1.17

1.12

+0.06

Calmar ratio

Return relative to maximum drawdown

1.98

0.67

+1.31

Martin ratio

Return relative to average drawdown

5.05

1.77

+3.27

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

XST.TO vs. BALT - Sharpe Ratio Comparison

The current XST.TO Sharpe Ratio is 0.94, which is higher than the BALT Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of XST.TO and BALT, 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

XST.TOBALTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

0.59

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-1.35

1.36

-2.71

Correlation

The correlation between XST.TO and BALT is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XST.TO vs. BALT - Dividend Comparison

XST.TO's dividend yield for the trailing twelve months is around 0.68%, while BALT has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
XST.TO
iShares S&P/TSX Capped Consumer Staples Index ETF		0.68%0.67%0.86%0.79%0.74%0.68%0.74%0.73%0.81%0.90%0.52%0.62%
BALT
Innovator Defined Wealth Shield ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

XST.TO vs. BALT - Drawdown Comparison

The maximum XST.TO drawdown since its inception was -99.99%, which is greater than BALT's maximum drawdown of -7.07%. Use the drawdown chart below to compare losses from any high point for XST.TO and BALT.

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Drawdown Indicators

XST.TOBALTDifference

Max Drawdown

Largest peak-to-trough decline

-99.99%

-4.89%

-95.10%

Max Drawdown (1Y)

Largest decline over 1 year

-8.12%

-3.48%

-4.64%

Max Drawdown (5Y)

Largest decline over 5 years

-10.86%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-22.65%

—

—

Current Drawdown

Current decline from peak

-99.95%

-0.92%

-99.03%

Average Drawdown

Average peak-to-trough decline

-96.77%

-0.35%

-96.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.19%

0.52%

+2.67%

Volatility

XST.TO vs. BALT - Volatility Comparison

iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) has a higher volatility of 5.41% compared to Innovator Defined Wealth Shield ETF (BALT) at 1.49%. This indicates that XST.TO's price experiences larger fluctuations and is considered to be riskier than BALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XST.TOBALTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.41%

1.49%

+3.92%

Volatility (6M)

Calculated over the trailing 6-month period

12.32%

3.73%

+8.59%

Volatility (1Y)

Calculated over the trailing 1-year period

16.53%

6.31%

+10.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.96%

6.09%

+7.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.88%

6.09%

+8.79%