XUU.TO vs. XIT.TO

Last updated Jun 4, 2026

XUU.TO (iShares Core S&P U.S. Total Market Index ETF) and XIT.TO (iShares S&P/TSX Capped Information Technology Index ETF) are both exchange-traded funds - XUU.TO is a Large Cap Blend Equities fund tracking the Morningstar US Market TR CAD, while XIT.TO is a Technology Equities fund tracking the Morningstar Gbl GR CAD. Both are passively managed. Over the past 10 years, XUU.TO returned 15.46%/yr vs 17.57%/yr for XIT.TO. A 0.59 correlation means they provide meaningful diversification when combined. XUU.TO charges 0.07%/yr vs 0.60%/yr for XIT.TO.

Performance

XUU.TO vs. XIT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core S&P U.S. Total Market Index ETF (XUU.TO) and iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XUU.TO achieves a 12.48% return, which is significantly higher than XIT.TO's -4.19% return. Over the past 10 years, XUU.TO has underperformed XIT.TO with an annualized return of 15.46%, while XIT.TO has yielded a comparatively higher 17.57% annualized return.

XUU.TO

• 1D: -0.29%
• 1M: 7.40%
• YTD: 12.48%
• 6M: 10.56%
• 1Y: 29.05%
• 3Y*: 23.13%
• 5Y*: 15.81%
• 10Y*: 15.46%

XIT.TO

• 1D: -3.62%
• 1M: 5.49%
• YTD: -4.19%
• 6M: -5.79%
• 1Y: 9.80%
• 3Y*: 17.90%
• 5Y*: 8.31%
• 10Y*: 17.57%

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

XUU.TO vs. XIT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XUU.TO iShares Core S&P U.S. Total Market Index ETF	12.48%	11.25%	34.07%	23.11%	-13.53%	25.93%	16.25%	23.77%	2.42%	12.79%
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF	-4.19%	15.48%	30.02%	55.56%	-35.85%	10.73%	45.91%	60.77%	11.71%	17.06%

Correlation

The correlation between XUU.TO and XIT.TO is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 23, 2015	0.59

The correlation between XUU.TO and XIT.TO shifts across timeframes, from 0.57 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

XUU.TO vs. XIT.TO - Sectors Allocation Comparison

Sectors	XUU.TO	XIT.TO
Technology	37.3%	99.8%
Financial Services	11.2%	0.8%
Consumer Cyclical	9.8%	-
Communication Services	9.8%	-
Industrials	8.8%	0.2%
Healthcare	8.4%	-
Consumer Defensive	4.4%	-
Energy	3.4%	-
Utilities	2.5%	-
Real Estate	2.2%	-
Basic Materials	1.9%	-

Return for Risk

XUU.TO vs. XIT.TO — Risk / Return Rank

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

XUU.TO

XUU.TO Risk / Return Rank: 70
XUU.TO Sharpe Ratio Rank: 73
XUU.TO Sortino Ratio Rank: 71
XUU.TO Omega Ratio Rank: 73
XUU.TO Calmar Ratio Rank: 66
XUU.TO Martin Ratio Rank: 67

XIT.TO

XIT.TO Risk / Return Rank: 13
XIT.TO Sharpe Ratio Rank: 13
XIT.TO Sortino Ratio Rank: 14
XIT.TO Omega Ratio Rank: 13
XIT.TO Calmar Ratio Rank: 12
XIT.TO Martin Ratio Rank: 12

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.

XUU.TO vs. XIT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Total Market Index ETF (XUU.TO) and iShares S&P/TSX Capped Information Technology Index ETF (XIT.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.

	XUU.TO	XIT.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.42	0.31	+2.11
Sortino ratio: Return per unit of downside risk	3.32	0.64	+2.68
Omega ratio: Gain probability vs. loss probability	1.45	1.08	+0.37
Calmar ratio: Return relative to maximum drawdown	3.32	0.31	+3.01
Martin ratio: Return relative to average drawdown	12.64	0.62	+12.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUU.TO vs. XIT.TO - Sharpe Ratio Comparison

The current XUU.TO Sharpe Ratio is 2.42, which is higher than the XIT.TO Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of XUU.TO and XIT.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.

Sharpe Ratios by Period

	XUU.TO	XIT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	0.31	+2.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.28	+0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.66	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.30	+0.56

Drawdowns

XUU.TO vs. XIT.TO - Drawdown Comparison

The maximum XUU.TO drawdown since its inception was -28.22%, smaller than the maximum XIT.TO drawdown of -81.18%. Use the drawdown chart below to compare losses from any high point for XUU.TO and XIT.TO.

Drawdown Indicators

	XUU.TO	XIT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-28.22%	-81.18%	+52.96%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-31.93%	+23.13%
Max Drawdown (3Y) Largest decline over 3 years	-19.70%	-31.93%	+12.23%
Max Drawdown (5Y) Largest decline over 5 years	-23.41%	-54.15%	+30.74%
Max Drawdown (10Y) Largest decline over 10 years	-28.22%	-54.15%	+25.93%
Current Drawdown Current decline from peak	-0.29%	-14.47%	+14.18%
Average Drawdown Average peak-to-trough decline	-4.09%	-26.86%	+22.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	15.74%	-13.44%

Volatility

XUU.TO vs. XIT.TO - Volatility Comparison

The current volatility for iShares Core S&P U.S. Total Market Index ETF (XUU.TO) is 3.29%, while iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) has a volatility of 11.83%. This indicates that XUU.TO experiences smaller price fluctuations and is considered to be less risky than XIT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUU.TO	XIT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	11.83%	-8.54%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	24.39%	-15.31%
Volatility (1Y) Calculated over the trailing 1-year period	12.06%	31.36%	-19.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	29.37%	-13.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	26.71%	-10.12%

XUU.TO vs. XIT.TO - Expense Ratio Comparison

XUU.TO has a 0.07% expense ratio, which is lower than XIT.TO's 0.60% expense ratio.

Dividends

XUU.TO vs. XIT.TO - Dividend Comparison

XUU.TO's dividend yield for the trailing twelve months is around 1.01%, while XIT.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XIT.TO iShares S&P/TSX Capped Information Technology Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.29%	0.00%	0.13%	0.14%	0.08%
XUU.TO iShares Core S&P U.S. Total Market Index ETF	1.01%	1.16%	1.02%	1.22%	1.38%	1.01%	1.33%	1.68%	1.73%	1.49%	1.65%	1.52%

Frequently Asked Questions

Can I hold both XUU.TO and XIT.TO in my portfolio?

XUU.TO and XIT.TO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUU.TO or XIT.TO?

On fees, XUU.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUU.TO or XIT.TO?

XUU.TO is cheaper with a 0.07% expense ratio, compared with 0.60% for XIT.TO.

What is the main difference between XUU.TO and XIT.TO?

XUU.TO is categorized as Large Cap Blend Equities, while XIT.TO is Technology Equities. XUU.TO tracks Morningstar US Market TR CAD, while XIT.TO tracks Morningstar Gbl GR CAD. Their fees differ too: 0.07% for XUU.TO and 0.60% for XIT.TO.