XWD.TO vs. XIN.TO
Compare and contrast key facts about iShares MSCI World Index ETF (XWD.TO) and iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.TO).
XWD.TO and XIN.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XWD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jun 18, 2009. XIN.TO is a passively managed fund by iShares that tracks the performance of the MSCI EAFE 100% Hedged to CAD Index. It was launched on Sep 6, 2001. Both XWD.TO and XIN.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: XWD.TO or XIN.TO.
Key characteristics
| XWD.TO | XIN.TO | |
|---|---|---|
| YTD Return | 19.00% | 10.84% |
| 1Y Return | 25.39% | 14.52% |
| 3Y Return (Ann) | 9.74% | 7.98% |
| 5Y Return (Ann) | 12.56% | 8.93% |
| 10Y Return (Ann) | 11.71% | 7.35% |
| Sharpe Ratio | 2.53 | 1.27 |
| Daily Std Dev | 9.85% | 10.86% |
| Max Drawdown | -27.48% | -58.56% |
| Current Drawdown | -0.65% | -3.57% |
Correlation
The correlation between XWD.TO and XIN.TO is 0.87, 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
XWD.TO vs. XIN.TO - Performance Comparison
In the year-to-date period, XWD.TO achieves a 19.00% return, which is significantly higher than XIN.TO's 10.84% return. Over the past 10 years, XWD.TO has outperformed XIN.TO with an annualized return of 11.71%, while XIN.TO has yielded a comparatively lower 7.35% annualized 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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XWD.TO vs. XIN.TO - Expense Ratio Comparison
XWD.TO has a 0.48% expense ratio, which is lower than XIN.TO's 0.52% expense ratio.
Risk-Adjusted Performance
XWD.TO vs. XIN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Index ETF (XWD.TO) and iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.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
XWD.TO vs. XIN.TO - Dividend Comparison
XWD.TO's dividend yield for the trailing twelve months is around 1.21%, less than XIN.TO's 2.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XWD.TO iShares MSCI World Index ETF | 1.21% | 1.39% | 1.36% | 1.21% | 1.06% | 1.76% | 1.94% | 1.63% | 1.83% | 1.84% | 2.15% | 1.62% |
XIN.TO iShares MSCI EAFE Index ETF (CAD-Hedged) | 2.46% | 2.51% | 2.18% | 2.65% | 1.81% | 2.58% | 2.85% | 2.16% | 2.41% | 2.32% | 2.83% | 2.17% |
Drawdowns
XWD.TO vs. XIN.TO - Drawdown Comparison
The maximum XWD.TO drawdown since its inception was -27.48%, smaller than the maximum XIN.TO drawdown of -58.56%. Use the drawdown chart below to compare losses from any high point for XWD.TO and XIN.TO. For additional features, visit the drawdowns tool.
Volatility
XWD.TO vs. XIN.TO - Volatility Comparison
The current volatility for iShares MSCI World Index ETF (XWD.TO) is 3.67%, while iShares MSCI EAFE Index ETF (CAD-Hedged) (XIN.TO) has a volatility of 4.62%. This indicates that XWD.TO experiences smaller price fluctuations and is considered to be less risky than XIN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.