XTR vs. XIU.TO
Compare and contrast key facts about Global X S&P 500 Tail Risk ETF (XTR) and iShares S&P/TSX 60 Index ETF (XIU.TO).
XTR and XIU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTR is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 Tail Risk Index. It was launched on Aug 25, 2021. XIU.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 28, 1999. Both XTR and XIU.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XTR or XIU.TO.
Key characteristics
| XTR | XIU.TO | |
|---|---|---|
| YTD Return | 25.44% | 20.18% |
| 1Y Return | 37.41% | 29.45% |
| 3Y Return (Ann) | 8.08% | 7.87% |
| Sharpe Ratio | 3.21 | 2.96 |
| Sortino Ratio | 4.45 | 4.12 |
| Omega Ratio | 1.59 | 1.56 |
| Calmar Ratio | 3.82 | 4.28 |
| Martin Ratio | 20.33 | 22.18 |
| Ulcer Index | 1.79% | 1.35% |
| Daily Std Dev | 11.33% | 10.13% |
| Max Drawdown | -20.83% | -52.31% |
| Current Drawdown | 0.00% | -0.19% |
Correlation
The correlation between XTR and XIU.TO is 0.71, 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.
Performance
XTR vs. XIU.TO - Performance Comparison
In the year-to-date period, XTR achieves a 25.44% return, which is significantly higher than XIU.TO's 20.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XTR vs. XIU.TO - Expense Ratio Comparison
XTR has a 0.60% expense ratio, which is higher than XIU.TO's 0.18% expense ratio.
Risk-Adjusted Performance
XTR vs. XIU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Tail Risk ETF (XTR) and iShares S&P/TSX 60 Index ETF (XIU.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.
Dividends
XTR vs. XIU.TO - Dividend Comparison
XTR's dividend yield for the trailing twelve months is around 1.07%, less than XIU.TO's 2.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTR Global X S&P 500 Tail Risk ETF | 1.07% | 1.09% | 1.09% | 2.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIU.TO iShares S&P/TSX 60 Index ETF | 2.74% | 3.16% | 3.02% | 2.43% | 3.03% | 2.87% | 3.18% | 2.58% | 2.65% | 3.19% | 2.65% | 2.68% |
Drawdowns
XTR vs. XIU.TO - Drawdown Comparison
The maximum XTR drawdown since its inception was -20.83%, smaller than the maximum XIU.TO drawdown of -52.31%. Use the drawdown chart below to compare losses from any high point for XTR and XIU.TO. For additional features, visit the drawdowns tool.
Volatility
XTR vs. XIU.TO - Volatility Comparison
Global X S&P 500 Tail Risk ETF (XTR) has a higher volatility of 3.80% compared to iShares S&P/TSX 60 Index ETF (XIU.TO) at 3.03%. This indicates that XTR's price experiences larger fluctuations and is considered to be riskier than XIU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.