XUSC.TO vs. CAUS.TO

Last updated Jun 5, 2026

XUSC.TO (iShares S&P 500 3% Capped Index ETF (CAD Units)) and CAUS.TO (Avantis CIBC U.S. All-Cap Equity ETF) are both Large Cap Blend Equities funds. XUSC.TO is passively managed, while CAUS.TO is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. XUSC.TO charges 0.12%/yr vs 0.19%/yr for CAUS.TO.

Performance

XUSC.TO vs. CAUS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P 500 3% Capped Index ETF (CAD Units) (XUSC.TO) and Avantis CIBC U.S. All-Cap Equity ETF (CAUS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XUSC.TO

• 1D: 0.16%
• 1M: 6.74%
• YTD: 12.87%
• 6M: 11.15%
• 1Y: 28.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAUS.TO

• 1D: 0.67%
• 1M: 6.07%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XUSC.TO vs. CAUS.TO - Yearly Performance Comparison

	2026 (YTD)
XUSC.TO iShares S&P 500 3% Capped Index ETF (CAD Units)	10.73%
CAUS.TO Avantis CIBC U.S. All-Cap Equity ETF	10.74%

Correlation

The correlation between XUSC.TO and CAUS.TO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.83

Return for Risk

XUSC.TO vs. CAUS.TO — Risk / Return Rank

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

XUSC.TO

XUSC.TO Risk / Return Rank: 77
XUSC.TO Sharpe Ratio Rank: 78
XUSC.TO Sortino Ratio Rank: 79
XUSC.TO Omega Ratio Rank: 78
XUSC.TO Calmar Ratio Rank: 75
XUSC.TO Martin Ratio Rank: 74

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.

XUSC.TO vs. CAUS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 3% Capped Index ETF (CAD Units) (XUSC.TO) and Avantis CIBC U.S. All-Cap Equity ETF (CAUS.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.

	XUSC.TO	CAUS.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.46	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	3.74	—	—
Martin ratio: Return relative to average drawdown	13.73	—	—
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

	XUSC.TO	CAUS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	2.79	-1.52

Drawdowns

XUSC.TO vs. CAUS.TO - Drawdown Comparison

The maximum XUSC.TO drawdown since its inception was -18.31%, which is greater than CAUS.TO's maximum drawdown of -6.25%. Use the drawdown chart below to compare losses from any high point for XUSC.TO and CAUS.TO.

Drawdown Indicators

	XUSC.TO	CAUS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-18.31%	-6.25%	-12.06%
Max Drawdown (1Y) Largest decline over 1 year	-7.60%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.66%	-1.66%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	XUSC.TO	CAUS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.44%	15.47%	-4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.70%	15.47%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.70%	15.47%	+0.23%

XUSC.TO vs. CAUS.TO - Expense Ratio Comparison

XUSC.TO has a 0.12% expense ratio, which is lower than CAUS.TO's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XUSC.TO vs. CAUS.TO - Dividend Comparison

XUSC.TO's dividend yield for the trailing twelve months is around 0.83%, while CAUS.TO has not paid dividends to shareholders.

Position	TTM	2025	2024
CAUS.TO Avantis CIBC U.S. All-Cap Equity ETF	0.00%	0.00%	0.00%
XUSC.TO iShares S&P 500 3% Capped Index ETF (CAD Units)	0.83%	0.94%	0.24%

Frequently Asked Questions

Can I hold both XUSC.TO and CAUS.TO in my portfolio?

XUSC.TO and CAUS.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUSC.TO or CAUS.TO?

On fees, XUSC.TO is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUSC.TO or CAUS.TO?

XUSC.TO is cheaper with a 0.12% expense ratio, compared with 0.19% for CAUS.TO.

What is the main difference between XUSC.TO and CAUS.TO?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.12% for XUSC.TO and 0.19% for CAUS.TO.