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XTLH.TO vs. XIG.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XTLH.TO vs. XIG.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.TO) and iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.TO).

XTLH.TO and XIG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTLH.TO is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 20+ Year Bond Index (CAD-Hedged). It was launched on Feb 7, 2023. XIG.TO is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid Investment Grade Total Return Index Hedged in CAD. It was launched on Jan 21, 2010. Both XTLH.TO and XIG.TO 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

XTLH.TO vs. XIG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.TO) and iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.TO). The values are adjusted to include any dividend payments, if applicable.

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XTLH.TO vs. XIG.TO - Yearly Performance Comparison

2026 (YTD)202520242023
XTLH.TO
iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)		-0.26%2.61%-9.55%1.56%
XIG.TO
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)		-0.80%5.93%-0.39%7.97%

Returns By Period

In the year-to-date period, XTLH.TO achieves a -0.26% return, which is significantly higher than XIG.TO's -0.80% return.

XTLH.TO

1D
0.00%
1M
-4.38%
YTD
-0.26%
6M
-1.65%
1Y
-2.02%
3Y*
-3.84%
5Y*
—
10Y*
—

XIG.TO

1D
0.72%
1M
-2.26%
YTD
-0.80%
6M
-0.90%
1Y
2.92%
3Y*
2.69%
5Y*
-1.07%
10Y*
1.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)

iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)

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Often compared with XIG.TO:
XIG.TO vs. XHY.TOXIG.TO vs. XLB.TOXIG.TO vs. XSB.TOXIG.TO vs. VDY.TOXIG.TO vs. XBB.TOXIG.TO vs. BWXXIG.TO vs. XCB.TO

XTLH.TO vs. XIG.TO - Expense Ratio Comparison

XTLH.TO has a 0.18% expense ratio, which is lower than XIG.TO's 0.32% expense ratio.

XIG.TO
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)
XTLH.TO
iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)

Return for Risk

XTLH.TO vs. XIG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XTLH.TO
XTLH.TO Risk / Return Rank: 99
Overall Rank
XTLH.TO Sharpe Ratio Rank: 99
Sharpe Ratio Rank
XTLH.TO Sortino Ratio Rank: 88
Sortino Ratio Rank
XTLH.TO Omega Ratio Rank: 88
Omega Ratio Rank
XTLH.TO Calmar Ratio Rank: 1010
Calmar Ratio Rank
XTLH.TO Martin Ratio Rank: 1010
Martin Ratio Rank
XIG.TO
XIG.TO Risk / Return Rank: 2626
Overall Rank
XIG.TO Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
XIG.TO Sortino Ratio Rank: 2222
Sortino Ratio Rank
XIG.TO Omega Ratio Rank: 2222
Omega Ratio Rank
XIG.TO Calmar Ratio Rank: 3333
Calmar Ratio Rank
XIG.TO Martin Ratio Rank: 2727
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.

XTLH.TO vs. XIG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.TO) and iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.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.

XTLH.TOXIG.TODifference

Sharpe ratio

Return per unit of total volatility

-0.18

0.44

-0.62

Sortino ratio

Return per unit of downside risk

-0.17

0.63

-0.79

Omega ratio

Gain probability vs. loss probability

0.98

1.08

-0.10

Calmar ratio

Return relative to maximum drawdown

-0.13

0.84

-0.97

Martin ratio

Return relative to average drawdown

-0.26

2.20

-2.46

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

XTLH.TO vs. XIG.TO - Sharpe Ratio Comparison

The current XTLH.TO Sharpe Ratio is -0.18, which is lower than the XIG.TO Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of XTLH.TO and XIG.TO, 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

XTLH.TOXIG.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.18

0.44

-0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.13

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.17

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.14

0.45

-0.60

Correlation

The correlation between XTLH.TO and XIG.TO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XTLH.TO vs. XIG.TO - Dividend Comparison

XTLH.TO's dividend yield for the trailing twelve months is around 4.52%, more than XIG.TO's 4.38% yield.

TTM20252024202320222021202020192018201720162015
XTLH.TO
iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)		4.52%4.42%4.32%2.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XIG.TO
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)		4.38%4.33%4.45%3.88%3.23%2.21%2.62%3.07%3.42%2.87%3.27%3.10%

Drawdowns

XTLH.TO vs. XIG.TO - Drawdown Comparison

The maximum XTLH.TO drawdown since its inception was -22.72%, smaller than the maximum XIG.TO drawdown of -25.49%. Use the drawdown chart below to compare losses from any high point for XTLH.TO and XIG.TO.

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Drawdown Indicators

XTLH.TOXIG.TODifference

Max Drawdown

Largest peak-to-trough decline

-22.72%

-25.49%

+2.77%

Max Drawdown (1Y)

Largest decline over 1 year

-9.30%

-3.66%

-5.64%

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.48%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-25.49%

—

Current Drawdown

Current decline from peak

-14.14%

-9.85%

-4.29%

Average Drawdown

Average peak-to-trough decline

-12.00%

-5.35%

-6.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.66%

1.40%

+3.26%

Volatility

XTLH.TO vs. XIG.TO - Volatility Comparison

iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH.TO) has a higher volatility of 3.65% compared to iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (XIG.TO) at 2.63%. This indicates that XTLH.TO's price experiences larger fluctuations and is considered to be riskier than XIG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XTLH.TOXIG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.65%

2.63%

+1.02%

Volatility (6M)

Calculated over the trailing 6-month period

6.35%

3.91%

+2.44%

Volatility (1Y)

Calculated over the trailing 1-year period

11.23%

6.70%

+4.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.42%

8.48%

+5.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.42%

8.91%

+5.51%