XSTP.TO vs. XGI.TO
XSTP.TO (iShares 0-5 Year TIPS Bond Index ETF) and XGI.TO (iShares S&P Global Industrials Index ETF (CAD-Hedged)) are both exchange-traded funds - XSTP.TO is a Inflation-Protected Bonds fund tracking the Morningstar Gbl Core Bd GR CAD, while XGI.TO is a Industrials Equities fund tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 3 years, XSTP.TO returned 7.32%/yr vs 19.85%/yr for XGI.TO. At a correlation of -0.23, they often move in opposite directions. XSTP.TO charges 0.16%/yr vs 0.68%/yr for XGI.TO.
Performance
XSTP.TO vs. XGI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XSTP.TO achieves a 5.13% return, which is significantly lower than XGI.TO's 12.31% return.
XSTP.TO
- 1D
- 0.20%
- 1M
- 2.34%
- YTD
- 5.13%
- 6M
- 4.71%
- 1Y
- 6.51%
- 3Y*
- 7.32%
- 5Y*
- —
- 10Y*
- —
XGI.TO
- 1D
- 0.37%
- 1M
- 1.69%
- YTD
- 12.31%
- 6M
- 12.64%
- 1Y
- 24.79%
- 3Y*
- 19.85%
- 5Y*
- 12.33%
- 10Y*
- 12.64%
XSTP.TO vs. XGI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XSTP.TO iShares 0-5 Year TIPS Bond Index ETF | 5.13% | 0.24% | 13.59% | 2.31% | 4.12% |
XGI.TO iShares S&P Global Industrials Index ETF (CAD-Hedged) | 12.31% | 20.93% | 16.18% | 21.83% | -1.88% |
Correlation
The correlation between XSTP.TO and XGI.TO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022 | -0.23 |
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Return for Risk
XSTP.TO vs. XGI.TO — Risk / Return Rank
XSTP.TO
XGI.TO
XSTP.TO vs. XGI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) and iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XSTP.TO | XGI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.31 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.12 | -0.85 |
| Martin ratioReturn relative to average drawdown | 2.99 | 8.53 | -5.54 |
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Drawdowns
XSTP.TO vs. XGI.TO - Drawdown Comparison
The maximum XSTP.TO drawdown since its inception was -5.68%, smaller than the maximum XGI.TO drawdown of -42.61%. Use the drawdown chart below to compare losses from any high point for XSTP.TO and XGI.TO.
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Drawdown Indicators
| XSTP.TO | XGI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.68% | -42.61% | +36.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.14% | -11.74% | +6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -5.68% | -16.14% | +10.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.78% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.61% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.70% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -1.73% | -5.76% | +4.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.91% | -0.73% |
Volatility
XSTP.TO vs. XGI.TO - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) is 1.01%, while iShares S&P Global Industrials Index ETF (CAD-Hedged) (XGI.TO) has a volatility of 4.85%. This indicates that XSTP.TO experiences smaller price fluctuations and is considered to be less risky than XGI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSTP.TO | XGI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 4.85% | -3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 3.50% | 13.15% | -9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.92% | 15.24% | -10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.34% | 17.29% | -10.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.34% | 24.07% | -17.73% |
XSTP.TO vs. XGI.TO - Expense Ratio Comparison
XSTP.TO has a 0.16% expense ratio, which is lower than XGI.TO's 0.68% expense ratio.
Dividends
XSTP.TO vs. XGI.TO - Dividend Comparison
XSTP.TO's dividend yield for the trailing twelve months is around 3.52%, more than XGI.TO's 1.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XGI.TO iShares S&P Global Industrials Index ETF (CAD-Hedged) | 1.37% | 1.54% | 2.69% | 1.24% | 1.34% | 0.91% | 0.96% | 1.30% | 1.88% | 1.15% | 1.39% | 1.46% |
XSTP.TO iShares 0-5 Year TIPS Bond Index ETF | 3.52% | 4.08% | 2.41% | 3.08% | 5.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSTP.TO and XGI.TO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSTP.TO is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSTP.TO is cheaper with a 0.16% expense ratio, compared with 0.68% for XGI.TO.
XSTP.TO is categorized as Inflation-Protected Bonds, while XGI.TO is Industrials Equities. XSTP.TO tracks Morningstar Gbl Core Bd GR CAD, while XGI.TO tracks Morningstar Gbl GR CAD. Their fees differ too: 0.16% for XSTP.TO and 0.68% for XGI.TO.
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