XTR.TO vs. CEQP.TO

Last updated Jun 4, 2026

XTR.TO (iShares Diversified Monthly Income ETF) and CEQP.TO (CI Equity+ Asset Allocation ETF) are both Diversified Portfolio funds. XTR.TO is passively managed, while CEQP.TO is actively managed. At a correlation of -0.05, they often move in opposite directions. XTR.TO charges 0.61%/yr vs 0.30%/yr for CEQP.TO.

Performance

XTR.TO vs. CEQP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Diversified Monthly Income ETF (XTR.TO) and CI Equity+ Asset Allocation ETF (CEQP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XTR.TO

• 1D: 0.16%
• 1M: 2.50%
• YTD: 6.55%
• 6M: 6.45%
• 1Y: 13.02%
• 3Y*: 10.98%
• 5Y*: 6.00%
• 10Y*: 5.99%

CEQP.TO

• 1D: 0.19%
• 1M: 4.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XTR.TO vs. CEQP.TO - Yearly Performance Comparison

	2026 (YTD)
XTR.TO iShares Diversified Monthly Income ETF	5.11%
CEQP.TO CI Equity+ Asset Allocation ETF	7.21%

Correlation

The correlation between XTR.TO and CEQP.TO is -0.05, 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 (All Time) Calculated using the full available price history since Jan 29, 2026	-0.05

Return for Risk

XTR.TO vs. CEQP.TO — Risk / Return Rank

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

XTR.TO

XTR.TO Risk / Return Rank: 85
XTR.TO Sharpe Ratio Rank: 85
XTR.TO Sortino Ratio Rank: 90
XTR.TO Omega Ratio Rank: 89
XTR.TO Calmar Ratio Rank: 78
XTR.TO Martin Ratio Rank: 84

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.

XTR.TO vs. CEQP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Monthly Income ETF (XTR.TO) and CI Equity+ Asset Allocation ETF (CEQP.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.

	XTR.TO	CEQP.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.85	—	—
Sortino ratio: Return per unit of downside risk	4.22	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	3.97	—	—
Martin ratio: Return relative to average drawdown	17.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XTR.TO	CEQP.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.37	-0.97

Drawdowns

XTR.TO vs. CEQP.TO - Drawdown Comparison

The maximum XTR.TO drawdown since its inception was -51.42%, which is greater than CEQP.TO's maximum drawdown of -8.33%. Use the drawdown chart below to compare losses from any high point for XTR.TO and CEQP.TO.

Drawdown Indicators

	XTR.TO	CEQP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-51.42%	-8.33%	-43.09%
Max Drawdown (1Y) Largest decline over 1 year	-3.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.92%	—	—
Current Drawdown Current decline from peak	-0.16%	0.00%	-0.16%
Average Drawdown Average peak-to-trough decline	-4.96%	-1.89%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	—	—

Volatility

Volatility by Period

	XTR.TO	CEQP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.59%	16.40%	-11.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.27%	16.40%	-10.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.33%	16.40%	-8.07%

XTR.TO vs. CEQP.TO - Expense Ratio Comparison

XTR.TO has a 0.61% expense ratio, which is higher than CEQP.TO's 0.30% expense ratio.

Dividends

XTR.TO vs. CEQP.TO - Dividend Comparison

XTR.TO's dividend yield for the trailing twelve months is around 3.92%, more than CEQP.TO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEQP.TO CI Equity+ Asset Allocation ETF	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XTR.TO iShares Diversified Monthly Income ETF	3.92%	4.10%	4.27%	4.61%	4.62%	4.21%	5.56%	5.38%	5.75%	5.24%	5.30%	6.81%

Frequently Asked Questions

Can I hold both XTR.TO and CEQP.TO in my portfolio?

XTR.TO and CEQP.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XTR.TO or CEQP.TO?

On fees, CEQP.TO is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XTR.TO or CEQP.TO?

CEQP.TO is cheaper with a 0.30% expense ratio, compared with 0.61% for XTR.TO.

What is the main difference between XTR.TO and CEQP.TO?

They also come from different issuers: iShares and CI. Their fees differ too: 0.61% for XTR.TO and 0.30% for CEQP.TO.