XSTH.TO vs. XEI.TO
XSTH.TO (iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)) and XEI.TO (iShares S&P/TSX Composite High Dividend Index ETF) are both exchange-traded funds - XSTH.TO is a Inflation-Protected Bonds fund tracking the Morningstar Gbl Core Bd GR CAD, while XEI.TO is a Canada Equities fund tracking the S&P/TSX Composite High Dividend Index. Both are passively managed. Over the past 3 years, XSTH.TO returned 3.85%/yr vs 22.26%/yr for XEI.TO. At a 0.18 correlation, their price movements are largely independent. XSTH.TO charges 0.16%/yr vs 0.22%/yr for XEI.TO.
Performance
XSTH.TO vs. XEI.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSTH.TO achieves a 1.24% return, which is significantly lower than XEI.TO's 22.21% return.
XSTH.TO
- 1D
- -0.03%
- 1M
- -0.13%
- YTD
- 1.24%
- 6M
- 1.11%
- 1Y
- 2.77%
- 3Y*
- 3.85%
- 5Y*
- —
- 10Y*
- —
XEI.TO
- 1D
- 0.00%
- 1M
- 3.33%
- YTD
- 22.21%
- 6M
- 23.56%
- 1Y
- 43.59%
- 3Y*
- 22.26%
- 5Y*
- 15.55%
- 10Y*
- 12.32%
XSTH.TO vs. XEI.TO - 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% |
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 22.21% | 25.96% | 15.42% | 6.69% | 0.41% | 8.35% |
Correlation
The correlation between XSTH.TO and XEI.TO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.18 |
The correlation between XSTH.TO and XEI.TO shifts across timeframes, from -0.01 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSTH.TO vs. XEI.TO — Risk / Return Rank
XSTH.TO
XEI.TO
XSTH.TO vs. XEI.TO - 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 S&P/TSX Composite High Dividend Index ETF (XEI.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.
| XSTH.TO | XEI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.80 | ||
| Sortino ratioReturn per unit of downside risk | -7.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 2.27 | -0.99 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 19.53 | -17.66 |
| Martin ratioReturn relative to average drawdown | 7.42 | 66.28 | -58.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XSTH.TO | XEI.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 6.08 | -4.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.39 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.67 | -0.03 |
Drawdowns
XSTH.TO vs. XEI.TO - Drawdown Comparison
The maximum XSTH.TO drawdown since its inception was -5.98%, smaller than the maximum XEI.TO drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for XSTH.TO and XEI.TO.
Loading charts...
Drawdown Indicators
| XSTH.TO | XEI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.98% | -45.51% | +39.53% |
Max Drawdown (1Y)Largest decline over 1 year | -1.49% | -2.24% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -1.49% | -9.92% | +8.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.51% | — |
Current DrawdownCurrent decline from peak | -0.19% | -0.76% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -5.05% | +3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.66% | -0.29% |
Volatility
XSTH.TO vs. XEI.TO - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH.TO) is 0.43%, while iShares S&P/TSX Composite High Dividend Index ETF (XEI.TO) has a volatility of 2.87%. This indicates that XSTH.TO experiences smaller price fluctuations and is considered to be less risky than XEI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSTH.TO | XEI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.43% | 2.87% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.52% | 6.01% | -4.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.18% | 7.21% | -5.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 11.24% | -7.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.64% | 16.01% | -12.37% |
XSTH.TO vs. XEI.TO - Expense Ratio Comparison
XSTH.TO has a 0.16% expense ratio, which is lower than XEI.TO's 0.22% expense ratio. Despite the difference, 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. XEI.TO - Dividend Comparison
XSTH.TO's dividend yield for the trailing twelve months is around 3.55%, which matches XEI.TO's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEI.TO iShares S&P/TSX Composite High Dividend Index ETF | 3.56% | 4.39% | 5.56% | 5.08% | 4.78% | 3.65% | 5.13% | 4.71% | 5.53% | 4.37% | 4.51% | 5.75% |
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% | 0.00% |
Frequently Asked Questions
XSTH.TO and XEI.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSTH.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSTH.TO is cheaper with a 0.16% expense ratio, compared with 0.22% for XEI.TO.
XSTH.TO is categorized as Inflation-Protected Bonds, while XEI.TO is Canada Equities. XSTH.TO tracks Morningstar Gbl Core Bd GR CAD, while XEI.TO tracks S&P/TSX Composite High Dividend Index. Their fees differ too: 0.16% for XSTH.TO and 0.22% for XEI.TO.
Find the right allocation for XSTH.TO and XEI.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