XSTH.TO vs. STIP

Last updated Jun 4, 2026

XSTH.TO (iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)) and STIP (iShares 0-5 Year TIPS Bond ETF) are both Inflation-Protected Bonds funds from iShares - XSTH.TO tracks the Morningstar Gbl Core Bd GR CAD while STIP tracks the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). Both are passively managed. Over the past 3 years, XSTH.TO returned 3.85%/yr vs 6.46%/yr for STIP. At a 0.11 correlation, their price movements are largely independent. XSTH.TO charges 0.16%/yr vs 0.06%/yr for STIP.

Performance

XSTH.TO vs. STIP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH.TO) and iShares 0-5 Year TIPS Bond ETF (STIP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XSTH.TO achieves a 1.24% return, which is significantly lower than STIP's 3.33% return.

XSTH.TO

• 1D: -0.03%
• 1M: -0.13%
• YTD: 1.24%
• 6M: 1.11%
• 1Y: 2.77%
• 3Y*: 3.85%
• 5Y*: —
• 10Y*: —

STIP

• 1D: 0.41%
• 1M: 2.03%
• YTD: 3.33%
• 6M: 1.63%
• 1Y: 6.03%
• 3Y*: 6.46%
• 5Y*: 6.32%
• 10Y*: 3.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XSTH.TO vs. STIP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XSTH.TO iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	1.24%	4.20%	3.68%	3.90%	-3.36%	1.76%
STIP iShares 0-5 Year TIPS Bond ETF	3.33%	1.16%	13.77%	2.33%	3.89%	3.12%

Correlation

The correlation between XSTH.TO and STIP is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.11

Return for Risk

XSTH.TO vs. STIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSTH.TO

XSTH.TO Risk / Return Rank: 39
XSTH.TO Sharpe Ratio Rank: 35
XSTH.TO Sortino Ratio Rank: 37
XSTH.TO Omega Ratio Rank: 43
XSTH.TO Calmar Ratio Rank: 38
XSTH.TO Martin Ratio Rank: 45

STIP

STIP Risk / Return Rank: 93
STIP Sharpe Ratio Rank: 91
STIP Sortino Ratio Rank: 96
STIP Omega Ratio Rank: 94
STIP Calmar Ratio Rank: 93
STIP Martin Ratio Rank: 94

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.

XSTH.TO vs. STIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH.TO) and iShares 0-5 Year TIPS Bond ETF (STIP). 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.

	XSTH.TO	STIP	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.32	-0.04
Sortino ratio: Return per unit of downside risk	1.92	1.91	+0.01
Omega ratio: Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio: Return relative to maximum drawdown	1.86	1.58	+0.28
Martin ratio: Return relative to average drawdown	7.42	4.31	+3.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSTH.TO vs. STIP - Sharpe Ratio Comparison

The current XSTH.TO Sharpe Ratio is 1.28, which is comparable to the STIP Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of XSTH.TO and STIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XSTH.TO	STIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.32	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.65	-0.02

Drawdowns

XSTH.TO vs. STIP - Drawdown Comparison

The maximum XSTH.TO drawdown since its inception was -5.98%, smaller than the maximum STIP drawdown of -14.01%. Use the drawdown chart below to compare losses from any high point for XSTH.TO and STIP.

Drawdown Indicators

	XSTH.TO	STIP	Difference
Max Drawdown Largest peak-to-trough decline	-5.98%	-14.01%	+8.03%
Max Drawdown (1Y) Largest decline over 1 year	-1.49%	-3.83%	+2.34%
Max Drawdown (3Y) Largest decline over 3 years	-1.49%	-5.43%	+3.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-5.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-11.42%	—
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-1.56%	-3.28%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	1.40%	-1.03%

Volatility

XSTH.TO vs. STIP - Volatility Comparison

The current volatility for iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH.TO) is 0.43%, while iShares 0-5 Year TIPS Bond ETF (STIP) has a volatility of 0.85%. This indicates that XSTH.TO experiences smaller price fluctuations and is considered to be less risky than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSTH.TO	STIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	0.85%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	1.52%	3.44%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	2.18%	4.59%	-2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.64%	6.12%	-2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.64%	6.46%	-2.82%

XSTH.TO vs. STIP - Expense Ratio Comparison

XSTH.TO has a 0.16% expense ratio, which is higher than STIP's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XSTH.TO vs. STIP - Dividend Comparison

XSTH.TO's dividend yield for the trailing twelve months is around 3.55%, less than STIP's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
STIP iShares 0-5 Year TIPS Bond ETF	4.30%	4.11%	2.62%	2.84%	6.04%	4.15%	1.40%	2.06%	2.44%	1.59%	0.89%
XSTH.TO iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	3.55%	3.94%	2.53%	3.15%	6.07%	2.05%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XSTH.TO and STIP in my portfolio?

XSTH.TO and STIP have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSTH.TO or STIP?

On fees, STIP is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSTH.TO or STIP?

STIP is cheaper with a 0.06% expense ratio, compared with 0.16% for XSTH.TO.

What is the main difference between XSTH.TO and STIP?

XSTH.TO tracks Morningstar Gbl Core Bd GR CAD, while STIP tracks Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). Their fees differ too: 0.16% for XSTH.TO and 0.06% for STIP.