XTR.TO vs. FIE.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Diversified Monthly Income ETF (XTR.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO).

XTR.TO and FIE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTR.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Neut Tgt Alloc NR CAD. It was launched on Dec 19, 2005. FIE.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Can Equity Tgt Alloc NR CAD. It was launched on Apr 16, 2010. Both XTR.TO and FIE.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

XTR.TO vs. FIE.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 iShares Canadian Financial Monthly Income ETF (FIE.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XTR.TO iShares Diversified Monthly Income ETF	2.91%	5.04%	12.59%	4.85%	-4.61%	10.02%	2.26%	12.67%	-3.88%	6.43%
FIE.TO iShares Canadian Financial Monthly Income ETF	-1.91%	24.15%	27.37%	12.34%	-14.53%	27.00%	0.99%	18.62%	-9.38%	11.69%

Returns By Period

In the year-to-date period, XTR.TO achieves a 2.91% return, which is significantly higher than FIE.TO's -1.91% return. Over the past 10 years, XTR.TO has underperformed FIE.TO with an annualized return of 5.51%, while FIE.TO has yielded a comparatively higher 10.45% annualized return.

XTR.TO

• 1D: 0.59%
• 1M: -1.56%
• YTD: 2.91%
• 6M: 0.80%
• 1Y: 4.31%
• 3Y*: 7.99%
• 5Y*: 5.12%
• 10Y*: 5.51%

FIE.TO

• 1D: 1.79%
• 1M: -2.61%
• YTD: -1.91%
• 6M: 3.67%
• 1Y: 20.81%
• 3Y*: 19.00%
• 5Y*: 10.84%
• 10Y*: 10.45%

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

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

XTR.TO has a 0.61% expense ratio, which is lower than FIE.TO's 0.85% expense ratio.

FIE.TO

iShares Canadian Financial Monthly Income ETF

XTR.TO

iShares Diversified Monthly Income ETF

Return for Risk

XTR.TO vs. FIE.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: 33
XTR.TO Sharpe Ratio Rank: 34
XTR.TO Sortino Ratio Rank: 28
XTR.TO Omega Ratio Rank: 35
XTR.TO Calmar Ratio Rank: 35
XTR.TO Martin Ratio Rank: 33

FIE.TO

FIE.TO Risk / Return Rank: 88
FIE.TO Sharpe Ratio Rank: 91
FIE.TO Sortino Ratio Rank: 90
FIE.TO Omega Ratio Rank: 92
FIE.TO Calmar Ratio Rank: 87
FIE.TO Martin Ratio Rank: 80

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. FIE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Monthly Income ETF (XTR.TO) and iShares Canadian Financial Monthly Income ETF (FIE.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	FIE.TO	Difference
Sharpe ratio Return per unit of total volatility	0.61	1.97	-1.36
Sortino ratio Return per unit of downside risk	0.79	2.48	-1.69
Omega ratio Gain probability vs. loss probability	1.13	1.40	-0.27
Calmar ratio Return relative to maximum drawdown	0.86	2.59	-1.74
Martin ratio Return relative to average drawdown	2.88	8.37	-5.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XTR.TO vs. FIE.TO - Sharpe Ratio Comparison

The current XTR.TO Sharpe Ratio is 0.61, which is lower than the FIE.TO Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of XTR.TO and FIE.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.

Sharpe Ratios by Period

	XTR.TO	FIE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	1.97	-1.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	1.05	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.75	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.68	-0.31

Correlation

The correlation between XTR.TO and FIE.TO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XTR.TO vs. FIE.TO - Dividend Comparison

XTR.TO's dividend yield for the trailing twelve months is around 4.03%, less than FIE.TO's 4.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XTR.TO iShares Diversified Monthly Income ETF	4.03%	4.10%	4.14%	4.46%	4.47%	4.08%	5.39%	5.21%	5.57%	5.08%	5.14%	6.59%
FIE.TO iShares Canadian Financial Monthly Income ETF	4.96%	4.81%	5.66%	6.77%	7.09%	5.68%	6.80%	6.36%	7.07%	6.02%	6.31%	7.11%

Drawdowns

XTR.TO vs. FIE.TO - Drawdown Comparison

The maximum XTR.TO drawdown since its inception was -51.58%, which is greater than FIE.TO's maximum drawdown of -42.25%. Use the drawdown chart below to compare losses from any high point for XTR.TO and FIE.TO.

Drawdown Indicators

	XTR.TO	FIE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-51.58%	-42.25%	-9.33%
Max Drawdown (1Y) Largest decline over 1 year	-5.90%	-8.31%	+2.41%
Max Drawdown (5Y) Largest decline over 5 years	-9.87%	-23.03%	+13.16%
Max Drawdown (10Y) Largest decline over 10 years	-25.93%	-42.25%	+16.32%
Current Drawdown Current decline from peak	-1.56%	-5.15%	+3.59%
Average Drawdown Average peak-to-trough decline	-5.12%	-5.06%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	2.58%	-0.80%

Volatility

XTR.TO vs. FIE.TO - Volatility Comparison

The current volatility for iShares Diversified Monthly Income ETF (XTR.TO) is 2.25%, while iShares Canadian Financial Monthly Income ETF (FIE.TO) has a volatility of 4.18%. This indicates that XTR.TO experiences smaller price fluctuations and is considered to be less risky than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTR.TO	FIE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	4.18%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	4.72%	7.32%	-2.60%
Volatility (1Y) Calculated over the trailing 1-year period	7.12%	10.64%	-3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.38%	10.44%	-4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.37%	14.06%	-5.69%