XSTH.TO vs. XUS.TO
XSTH.TO (iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)) and XUS.TO (iShares Core S&P 500 Index ETF) are both exchange-traded funds - XSTH.TO is a Inflation-Protected Bonds fund tracking the Morningstar Gbl Core Bd GR CAD, while XUS.TO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, XSTH.TO returned 3.85%/yr vs 23.52%/yr for XUS.TO. At a 0.04 correlation, their price movements are largely independent. XSTH.TO charges 0.16%/yr vs 0.09%/yr for XUS.TO.
Performance
XSTH.TO vs. XUS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XSTH.TO achieves a 1.24% return, which is significantly lower than XUS.TO's 12.21% return.
XSTH.TO
- 1D
- -0.03%
- 1M
- -0.13%
- YTD
- 1.24%
- 6M
- 1.11%
- 1Y
- 2.77%
- 3Y*
- 3.85%
- 5Y*
- —
- 10Y*
- —
XUS.TO
- 1D
- -0.31%
- 1M
- 7.22%
- YTD
- 12.21%
- 6M
- 10.39%
- 1Y
- 29.30%
- 3Y*
- 23.52%
- 5Y*
- 16.78%
- 10Y*
- 15.98%
XSTH.TO vs. XUS.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% |
XUS.TO iShares Core S&P 500 Index ETF | 12.21% | 12.19% | 35.16% | 23.31% | -12.59% | 10.53% |
Correlation
The correlation between XSTH.TO and XUS.TO is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.04 |
The correlation between XSTH.TO and XUS.TO shifts across timeframes, from -0.09 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XSTH.TO vs. XUS.TO — Risk / Return Rank
XSTH.TO
XUS.TO
XSTH.TO vs. XUS.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 Core S&P 500 Index ETF (XUS.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 | XUS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.47 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 3.41 | -1.55 |
| Martin ratioReturn relative to average drawdown | 7.42 | 12.94 | -5.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XSTH.TO | XUS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 2.55 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.13 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.98 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 1.08 | -0.45 |
Drawdowns
XSTH.TO vs. XUS.TO - Drawdown Comparison
The maximum XSTH.TO drawdown since its inception was -5.98%, smaller than the maximum XUS.TO drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for XSTH.TO and XUS.TO.
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Drawdown Indicators
| XSTH.TO | XUS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.98% | -27.23% | +21.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.49% | -8.63% | +7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -1.49% | -18.96% | +17.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.23% | — |
Current DrawdownCurrent decline from peak | -0.19% | -0.31% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -3.46% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 2.27% | -1.90% |
Volatility
XSTH.TO vs. XUS.TO - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH.TO) is 0.43%, while iShares Core S&P 500 Index ETF (XUS.TO) has a volatility of 3.19%. This indicates that XSTH.TO experiences smaller price fluctuations and is considered to be less risky than XUS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSTH.TO | XUS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.43% | 3.19% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 1.52% | 8.66% | -7.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.18% | 11.58% | -9.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 14.92% | -11.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.64% | 16.48% | -12.84% |
XSTH.TO vs. XUS.TO - Expense Ratio Comparison
XSTH.TO has a 0.16% expense ratio, which is higher than XUS.TO's 0.09% 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. XUS.TO - Dividend Comparison
XSTH.TO's dividend yield for the trailing twelve months is around 3.55%, more than XUS.TO's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XUS.TO iShares Core S&P 500 Index ETF | 1.12% | 1.26% | 1.03% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% |
Frequently Asked Questions
XSTH.TO and XUS.TO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUS.TO is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUS.TO is cheaper with a 0.09% expense ratio, compared with 0.16% for XSTH.TO.
XSTH.TO is categorized as Inflation-Protected Bonds, while XUS.TO is S&P 500. XSTH.TO tracks Morningstar Gbl Core Bd GR CAD, while XUS.TO tracks S&P 500 Index. Their fees differ too: 0.16% for XSTH.TO and 0.09% for XUS.TO.
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