A side-by-side comparison of iShares Diversified Monthly Income ETF (XTR) and IA Clarington Strategic Income Fund ETF (ISIF) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | XTR | ISIF |
|---|---|---|
| YTD Return | +6.59%✓ | +4.54% |
| 1-Day Change | +0.16%✓ | -0.07% |
| 1-Week Change | +0.48% | +0.67%✓ |
| 1-Month Change | +0.81%✓ | +0.82% |
| Current Price | $12.46 | $13.59 |
| AUM | $376M✓ | $2M |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 3.88%✓ | 2.70% |
| Distribution Frequency | Monthly | — |
| Inception Date | 2005-12-19 | 2019-11-04 |
| Holdings Count | 10 | 9 |
| MorningStar Rating | ★★ | ★★★ |
| Category | Canadian Neutral Balanced | Canadian Neutral Balanced |
| Beta | 0.79 | 0.94 |
| 52-Week High | $12.52 | $13.68 |
| 52-Week Low | $11.28 | $12.18 |
| 50-Day MA | $12.29 | $13.36 |
| 200-Day MA | $12.07 | $13.10 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | XTR | ISIF |
|---|---|---|
| YTD | +6.59%✓ | +4.54% |
| 1 Year | +14.11%✓ | +12.42% |
| 3 Year | +11.94%✓ | +11.76% |
| 5 Year | +6.39% | +7.24%✓ |
| 10 Year | +5.96% | — |
| 1Y Volatility | 4.38% | 4.87% |
| Sharpe Ratio (3Y) | 1.25 | 1.11 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | XHU | iShares U.S. High Dividend Equity Index ETF | 17.38% |
| 2 | XSH | iShares Core Canadian Short Term Corporate + Maple Bond | 13.97% |
| 3 | XMV | iShares MSCI Canada Minimum Volatility | 11.78% |
| 4 | XLB | iShares Core Canadian Long Term Bond Index ETF | 9.04% |
| 5 | XHY | iShares U.S. High Yield Bond Index ETF (CAD-Hedged) | 8.97% |
| 6 | XEI | iShares S&P/TSX Composite High Dividend Index ETF | 8.28% |
| 7 | XIGS | iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged) | 7.83% |
| 8 | XDV | iShares Canadian Select Dividend Index ETF | 6.91% |
| 9 | XSB | iShares Canadian Short Term Bond | 4.71% |
| 10 | XFLB | iShares Core Canadian 15+ Year Federal Bond Index ETF | 3.99% |
| 1 | TD | Toronto Dominion Bank | 3.33% |
| 2 | RY | Royal Bank of Canada | 2.98% |
| 3 | FTS | Fortis Inc | 2.54% |
| 4 | L | Loblaw Companies Limited | 2.38% |
| 5 | CP | Canadian Pacific Railway Ltd | 2.32% |
| 6 | JNJ | Johnson & Johnson | 2.11% |
| 7 | CM | Canadian Imperial Bank Of Commerce | 1.83% |
| 8 | JPM | JPMorgan Chase & Co | 1.60% |
| 9 | AEM | Agnico Eagle Mines Limited | 1.53% |
Sector Weights
| Sector | XTR | ISIF |
|---|---|---|
| Basic Materials | 3.04% | 5.86% |
| Communication Services | 5.92% | 3.58% |
| Consumer Cyclicals | 7.92% | 9.22% |
| Consumer Defensive | 11.60% | 5.75% |
| Energy | 17.84% | 10.26% |
| Financial Services | 25.17% | 26.89% |
| Healthcare | 9.27% | 3.52% |
| Industrials | 5.60% | 15.29% |
| Real Estate | 1.16% | 5.35% |
| Technology | 4.00% | 4.92% |
| Utilities | 8.47% | 9.36% |
About XTR
iShares Diversified Monthly Income ETF (XTR.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About ISIF
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Which ETF is Right for You?
Both XTR and ISIF are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, XTR scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between XTR and ISIF?
XTR (iShares Diversified Monthly Income ETF) and ISIF (IA Clarington Strategic Income Fund ETF) are both Canadian-listed ETFs. Key differences include their AUM ($376M vs $2M), dividend yield (3.88% vs 2.70%), and year-to-date performance (+6.59% vs +4.54%).
Is XTR better than ISIF?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, XTR has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy XTR and ISIF on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both XTR and ISIF should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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