PortfoliosLab logoPortfoliosLab logo
Canadian Golden Butterfly (CDN$)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


S&P 500 Index

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Canadian Golden Butterfly (CDN$), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.


Loading graphics...

The earliest data available for this chart is Feb 5, 2019, corresponding to the inception date of VEQT.TO

Returns By Period


1D1MYTD6M1Y3Y*5Y*10Y*
Benchmark
S&P 500 Index
0.48%-2.20%-2.42%-2.12%20.50%18.26%12.69%12.98%
Portfolio
Canadian Golden Butterfly (CDN$)
-0.29%-3.43%2.16%4.78%19.50%15.77%10.36%
VEQT.TO
Vanguard All-Equity ETF Portfolio
0.11%-2.12%1.55%3.17%28.21%18.79%12.23%
KILO.TO
Purpose Gold Bullion Fund
-1.80%-8.86%8.00%19.08%46.81%30.93%20.59%
XLB.TO
iShares Core Canadian Long Term Bond Index ETF
0.05%-2.80%-0.58%-1.57%-3.75%6.38%4.23%4.53%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF
0.11%-0.52%0.32%0.54%2.25%4.20%1.94%1.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 6, 2019, Canadian Golden Butterfly (CDN$)'s average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, your investment would double in approximately 6.8 years.

Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +6.8%, while the worst month was Mar 2020 at -5.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Canadian Golden Butterfly (CDN$) closed higher 58% of trading days. The best single day was Mar 24, 2020 with a return of +4.7%, while the worst single day was Mar 12, 2020 at -6.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.57%3.65%-5.14%0.32%2.16%
20253.33%0.46%0.42%-0.45%2.09%1.52%0.36%2.15%5.19%1.95%1.79%-0.59%19.64%
2024-0.41%1.74%3.47%-1.13%2.29%1.39%3.39%0.59%3.39%0.75%2.42%-1.02%18.06%
20234.85%-2.28%2.97%1.44%-1.72%1.39%1.12%-0.67%-3.38%1.10%5.18%3.56%13.99%
2022-3.26%0.07%0.10%-4.18%-1.10%-3.60%3.47%-2.31%-2.48%1.21%5.58%-1.25%-7.93%
2021-1.06%-1.18%0.27%1.38%2.28%0.50%1.35%1.07%-2.38%1.31%0.24%2.92%6.78%

Benchmark Metrics

Canadian Golden Butterfly (CDN$) has an annualized alpha of 5.33%, beta of 0.34, and R² of 0.45 versus S&P 500 Index. Calculated based on daily prices since February 06, 2019.

  • This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (52.57%) than losses (43.91%) — typical of diversified or defensive assets.
  • Beta of 0.34 may look defensive, but with R² of 0.45 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
  • R² of 0.45 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
5.33%
Beta
0.34
0.45
Upside Capture
52.57%
Downside Capture
43.91%

Expense Ratio

Canadian Golden Butterfly (CDN$) has an expense ratio of 0.16%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.


Return for Risk

Risk / Return Rank

Canadian Golden Butterfly (CDN$) ranks 70 for risk / return — better than 70% of portfolios on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


Canadian Golden Butterfly (CDN$) Risk / Return Rank: 7070
Overall Rank
Canadian Golden Butterfly (CDN$) Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
Canadian Golden Butterfly (CDN$) Sortino Ratio Rank: 7474
Sortino Ratio Rank
Canadian Golden Butterfly (CDN$) Omega Ratio Rank: 7777
Omega Ratio Rank
Canadian Golden Butterfly (CDN$) Calmar Ratio Rank: 6565
Calmar Ratio Rank
Canadian Golden Butterfly (CDN$) Martin Ratio Rank: 5959
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.

Return / Risk — by metrics


PortfolioBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.68

0.75

+0.93

Sortino ratio

Return per unit of downside risk

2.25

1.14

+1.11

Omega ratio

Gain probability vs. loss probability

1.34

1.18

+0.16

Calmar ratio

Return relative to maximum drawdown

2.28

1.15

+1.13

Martin ratio

Return relative to average drawdown

8.86

4.21

+4.65


How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Risk / Return RankSharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
VEQT.TO
Vanguard All-Equity ETF Portfolio
691.381.901.301.918.59
KILO.TO
Purpose Gold Bullion Fund
751.672.131.302.368.52
XLB.TO
iShares Core Canadian Long Term Bond Index ETF
4-0.42-0.510.94-0.56-1.07
XSB.TO
iShares Core Canadian Short Term Bond Index ETF
551.181.611.231.536.03

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Canadian Golden Butterfly (CDN$) Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

  • 1-Year: 1.68
  • 5-Year: 1.32
  • All Time: 1.19

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.98 to 1.66, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of Canadian Golden Butterfly (CDN$) compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


Loading graphics...

Dividends

Dividend yield

Canadian Golden Butterfly (CDN$) provided a 2.01% dividend yield over the last twelve months.


TTM20252024202320222021202020192018201720162015
Portfolio2.01%2.01%3.66%3.73%3.92%2.73%2.80%1.68%1.19%1.16%1.20%1.23%
VEQT.TO
Vanguard All-Equity ETF Portfolio
1.39%1.42%1.58%1.88%2.09%1.40%1.48%1.42%0.00%0.00%0.00%0.00%
KILO.TO
Purpose Gold Bullion Fund
0.00%0.00%0.00%0.00%0.00%0.00%1.41%0.00%0.00%0.00%0.00%0.00%
XLB.TO
iShares Core Canadian Long Term Bond Index ETF
4.11%4.05%12.10%12.22%13.13%8.82%7.43%3.18%3.56%3.45%3.62%3.64%
XSB.TO
iShares Core Canadian Short Term Bond Index ETF
3.14%3.15%3.05%2.67%2.28%2.05%2.21%2.39%2.39%2.36%2.36%2.50%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the Canadian Golden Butterfly (CDN$). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Canadian Golden Butterfly (CDN$) was 18.15%, occurring on Mar 18, 2020. Recovery took 65 trading sessions.

The current Canadian Golden Butterfly (CDN$) drawdown is 4.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.15%Feb 24, 202018Mar 18, 202065Jun 19, 202083
-14.15%Jan 4, 2022201Oct 20, 2022271Nov 17, 2023472
-7.5%Mar 3, 202618Mar 26, 2026
-6.4%Apr 3, 20254Apr 8, 202519May 6, 202523
-4.02%Feb 11, 202115Mar 4, 202156May 25, 202171

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...

Diversification

Diversification Metrics


Number of Effective Assets

The portfolio contains 4 assets, with an effective number of assets of 3.57, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

BenchmarkKILO.TOXLB.TOXSB.TOVEQT.TOPortfolio
Benchmark1.00-0.060.040.070.880.58
KILO.TO-0.061.000.210.260.060.56
XLB.TO0.040.211.000.710.070.49
XSB.TO0.070.260.711.000.100.47
VEQT.TO0.880.060.070.101.000.72
Portfolio0.580.560.490.470.721.00
The correlation results are calculated based on daily price changes starting from Feb 6, 2019