PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XUSF.TO vs. FIE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XUSF.TO vs. FIE.TO

Last updated Jun 24, 2026

XUSF.TO (iShares S&P U.S. Financials Index ETF) and FIE.TO (iShares Canadian Financial Monthly Income ETF) are both Financials Equities funds from iShares. XUSF.TO is passively managed, while FIE.TO is actively managed. Over the past year, XUSF.TO returned 10.58% vs 32.60% for FIE.TO. At a 0.47 correlation, their price movements are largely independent. XUSF.TO charges 0.25%/yr vs 0.74%/yr for FIE.TO.

Performance

XUSF.TO vs. FIE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares S&P U.S. Financials Index ETF (XUSF.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XUSF.TO achieves a 1.46% return, which is significantly lower than FIE.TO's 14.56% return.

XUSF.TO

1D
0.23%
1M
6.62%
YTD
1.46%
6M
0.98%
1Y
10.58%
3Y*
—
5Y*
—
10Y*
—

FIE.TO

1D
0.09%
1M
4.86%
YTD
14.56%
6M
11.23%
1Y
32.60%
3Y*
26.44%
5Y*
13.03%
10Y*
12.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023
XUSF.TO
iShares S&P U.S. Financials Index ETF		1.46%9.67%39.77%8.23%
FIE.TO
iShares Canadian Financial Monthly Income ETF		14.56%24.36%27.62%8.18%

Correlation

The correlation between XUSF.TO and FIE.TO is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Sep 6, 2023

0.47

The correlation between XUSF.TO and FIE.TO has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares S&P U.S. Financials Index ETF

iShares Canadian Financial Monthly Income ETF

Often compared with XUSF.TO:
XUSF.TO vs. HBA.TOXUSF.TO vs. FMAX.TOXUSF.TO vs. XCG.TOXUSF.TO vs. RBNK.TOXUSF.TO vs. XCS.TOXUSF.TO vs. ZEB.TOXUSF.TO vs. XEQT.TO
Often compared with FIE.TO:
FIE.TO vs. XEI.TOFIE.TO vs. XEQT.TOFIE.TO vs. XDIV.TOFIE.TO vs. XFN.TOFIE.TO vs. HMAX.TOFIE.TO vs. VDY.TOFIE.TO vs. FTN.TO

Return for Risk

XUSF.TO vs. FIE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XUSF.TO
XUSF.TO Risk / Return Rank: 2020
Overall Rank
XUSF.TO Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
XUSF.TO Sortino Ratio Rank: 2020
Sortino Ratio Rank
XUSF.TO Omega Ratio Rank: 2323
Omega Ratio Rank
XUSF.TO Calmar Ratio Rank: 1818
Calmar Ratio Rank
XUSF.TO Martin Ratio Rank: 1717
Martin Ratio Rank
FIE.TO
FIE.TO Risk / Return Rank: 9090
Overall Rank
FIE.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FIE.TO Sortino Ratio Rank: 9595
Sortino Ratio Rank
FIE.TO Omega Ratio Rank: 9595
Omega Ratio Rank
FIE.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
FIE.TO Martin Ratio Rank: 7979
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.

XUSF.TO vs. FIE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P U.S. Financials Index ETF (XUSF.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

XUSF.TOFIE.TODifference
Sharpe ratioReturn per unit of total volatility
0.71
3.64

-2.93

Sortino ratioReturn per unit of downside risk
1.06
4.90

-3.84

Omega ratioGain probability vs. loss probability

1.15

1.71

-0.56

Calmar ratioReturn relative to maximum drawdown

0.73

4.55

-3.83

Martin ratioReturn relative to average drawdown

1.73

14.80

-13.08

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

The current XUSF.TO Sharpe Ratio is 0.71, which is lower than the FIE.TO Sharpe Ratio of 3.64. The chart below compares the historical Sharpe Ratios of XUSF.TO and FIE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XUSF.TO vs. FIE.TO - Drawdown Comparison

The maximum XUSF.TO drawdown since its inception was -16.88%, smaller than the maximum FIE.TO drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for XUSF.TO and FIE.TO.

Loading charts...

Drawdown Indicators

XUSF.TOFIE.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.88%

-42.24%

+25.36%

Max Drawdown (1Y)

Largest decline over 1 year

-14.66%

-7.19%

-7.47%

Max Drawdown (3Y)

Largest decline over 3 years

—

-10.70%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.93%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-42.24%

—

Current Drawdown

Current decline from peak

-1.62%

0.00%

-1.62%

Average Drawdown

Average peak-to-trough decline

-3.50%

-4.88%

+1.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.15%

2.21%

+3.94%

Volatility

XUSF.TO vs. FIE.TO - Volatility Comparison

iShares S&P U.S. Financials Index ETF (XUSF.TO) has a higher volatility of 3.87% compared to iShares Canadian Financial Monthly Income ETF (FIE.TO) at 2.54%. This indicates that XUSF.TO's price experiences larger fluctuations and is considered to be riskier than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XUSF.TOFIE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.87%

2.54%

+1.33%

Volatility (6M)

Calculated over the trailing 6-month period

11.64%

7.83%

+3.81%

Volatility (1Y)

Calculated over the trailing 1-year period

15.19%

9.02%

+6.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.83%

10.55%

+7.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.83%

14.06%

+3.77%

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

XUSF.TO has a 0.25% expense ratio, which is lower than FIE.TO's 0.74% expense ratio.

Dividends

XUSF.TO vs. FIE.TO - Dividend Comparison

XUSF.TO's dividend yield for the trailing twelve months is around 0.84%, less than FIE.TO's 4.34% yield.

PositionTTM20252024202320222021202020192018201720162015
FIE.TO
iShares Canadian Financial Monthly Income ETF		4.34%4.94%5.83%6.98%7.31%5.92%7.10%6.65%7.38%6.28%6.59%7.43%
XUSF.TO
iShares S&P U.S. Financials Index ETF		0.84%0.75%0.81%0.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

XUSF.TO and FIE.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XUSF.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XUSF.TO is cheaper with a 0.25% expense ratio, compared with 0.74% for FIE.TO.

Their fees differ too: 0.25% for XUSF.TO and 0.74% for FIE.TO.

Portfolio Optimizer

Find the right allocation for XUSF.TO and FIE.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer