Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BNS.TO The Bank of Nova Scotia | Financial Services | 16.67% |
CM.TO Canadian Imperial Bank of Commerce | Financial Services | 16.67% |
ENB.TO Enbridge Inc. | Energy | 16.67% |
MFC.TO Manulife Financial Corporation | Financial Services | 16.67% |
TOU.TO Tourmaline Oil Corp. | Energy | 16.67% |
ZSP.TO BMO S&P 500 Index ETF | S&P 500 | 16.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in INDIVIDUAL STOCKS, 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.
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The earliest data available for this chart is Nov 26, 2012, corresponding to the inception date of ZSP.TO
Returns By Period
As of Apr 4, 2026, the INDIVIDUAL STOCKS returned 2.85% Year-To-Date and 14.66% of annualized return in the last 10 years.
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -4.18% | -3.84% | -1.98% | 21.98% | 16.86% | 10.37% | 12.29% |
Portfolio INDIVIDUAL STOCKS | 0.26% | -2.62% | 2.85% | 10.63% | 31.27% | 22.95% | 17.90% | 14.66% |
| Portfolio components: | ||||||||
ENB.TO Enbridge Inc. | 0.85% | 0.08% | 14.79% | 11.22% | 26.62% | 19.11% | 15.26% | 10.20% |
BNS.TO The Bank of Nova Scotia | -0.05% | -5.68% | -3.80% | 10.07% | 50.69% | 18.11% | 8.10% | 9.32% |
CM.TO Canadian Imperial Bank of Commerce | -0.01% | -4.07% | 7.11% | 20.21% | 69.39% | 37.18% | 20.21% | 15.73% |
TOU.TO Tourmaline Oil Corp. | 0.51% | -3.90% | 3.85% | 8.99% | 0.02% | 10.21% | 27.28% | 14.41% |
MFC.TO Manulife Financial Corporation | 0.22% | 0.31% | -2.88% | 11.37% | 18.56% | 29.14% | 15.36% | 14.96% |
ZSP.TO BMO S&P 500 Index ETF | 0.08% | -4.03% | -3.60% | -1.79% | 23.08% | 18.05% | 11.58% | 13.79% |
Monthly Returns
Based on dividend-adjusted daily data since Nov 27, 2012, INDIVIDUAL STOCKS's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, your investment would double in approximately 5.6 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +15.0%, while the worst month was Mar 2020 at -21.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, INDIVIDUAL STOCKS closed higher 54% of trading days. The best single day was Mar 13, 2020 with a return of +14.2%, while the worst single day was Mar 12, 2020 at -14.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.03% | 2.24% | -2.62% | 0.26% | 2.85% | ||||||||
| 2025 | -0.44% | -0.47% | -0.84% | 2.23% | 4.95% | 3.41% | -1.68% | 5.31% | 3.23% | 1.29% | 5.10% | 1.99% | 26.52% |
| 2024 | -1.98% | 4.21% | 5.65% | -4.34% | 5.64% | -1.86% | 2.69% | 6.76% | 4.86% | -0.98% | 7.23% | -2.99% | 26.74% |
| 2023 | 7.10% | -3.64% | -1.88% | 3.49% | -3.95% | 5.98% | 3.88% | -4.24% | -2.92% | -3.74% | 8.64% | 6.97% | 15.24% |
| 2022 | 5.90% | 2.08% | 4.98% | -4.99% | 6.38% | -10.69% | 8.38% | -5.62% | -10.24% | 5.85% | 8.31% | -8.42% | -1.26% |
| 2021 | 1.96% | 10.19% | 6.87% | 5.77% | 5.02% | 2.73% | -0.97% | 0.42% | 3.76% | 5.63% | -6.20% | 5.64% | 47.94% |
Benchmark Metrics
INDIVIDUAL STOCKS has an annualized alpha of 1.41%, beta of 0.87, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since November 27, 2012.
- This portfolio participated in 94.58% of S&P 500 Index downside but only 92.38% of its upside — more exposed to losses than it benefited from rallies.
- With beta of 0.87 and R² of 0.56, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.41%
- Beta
- 0.87
- R²
- 0.56
- Upside Capture
- 92.38%
- Downside Capture
- 94.58%
Expense Ratio
INDIVIDUAL STOCKS has an expense ratio of 0.02%, 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
INDIVIDUAL STOCKS ranks 87 for risk / return — in the top 87% of portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 0.88 | +1.17 |
Sortino ratioReturn per unit of downside risk | 2.68 | 1.37 | +1.31 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.21 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 2.60 | 1.39 | +1.21 |
Martin ratioReturn relative to average drawdown | 15.61 | 6.43 | +9.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
ENB.TO Enbridge Inc. | 82 | 1.57 | 2.12 | 1.28 | 3.10 | 7.70 |
BNS.TO The Bank of Nova Scotia | 95 | 3.07 | 4.09 | 1.60 | 4.16 | 16.78 |
CM.TO Canadian Imperial Bank of Commerce | 98 | 3.99 | 5.01 | 1.70 | 7.04 | 30.58 |
TOU.TO Tourmaline Oil Corp. | 34 | -0.07 | 0.10 | 1.01 | -0.08 | -0.18 |
MFC.TO Manulife Financial Corporation | 55 | 0.48 | 0.76 | 1.11 | 0.83 | 2.61 |
ZSP.TO BMO S&P 500 Index ETF | 48 | 0.90 | 1.39 | 1.21 | 1.43 | 6.65 |
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Dividends
Dividend yield
INDIVIDUAL STOCKS provided a 3.44% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.44% | 3.82% | 4.18% | 6.12% | 6.13% | 4.24% | 4.79% | 3.81% | 4.17% | 2.95% | 2.89% | 3.29% |
| Portfolio components: | ||||||||||||
ENB.TO Enbridge Inc. | 5.04% | 5.74% | 6.00% | 7.45% | 6.50% | 6.76% | 7.96% | 5.72% | 6.33% | 4.91% | 3.75% | 4.04% |
BNS.TO The Bank of Nova Scotia | 3.38% | 4.27% | 5.49% | 6.48% | 4.61% | 5.14% | 5.23% | 3.60% | 4.91% | 3.82% | 3.91% | 6.11% |
CM.TO Canadian Imperial Bank of Commerce | 3.05% | 3.20% | 4.04% | 5.47% | 7.20% | 4.06% | 5.37% | 5.26% | 5.29% | 4.19% | 4.42% | 4.85% |
TOU.TO Tourmaline Oil Corp. | 4.59% | 5.36% | 4.99% | 10.99% | 11.56% | 3.48% | 2.91% | 3.02% | 2.18% | 0.00% | 0.00% | 0.00% |
MFC.TO Manulife Financial Corporation | 3.72% | 3.53% | 3.62% | 4.99% | 5.47% | 4.85% | 5.83% | 3.79% | 4.70% | 3.13% | 3.09% | 3.21% |
ZSP.TO BMO S&P 500 Index ETF | 0.86% | 0.82% | 0.94% | 1.33% | 1.44% | 1.15% | 1.44% | 1.47% | 1.63% | 1.63% | 2.20% | 1.53% |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the INDIVIDUAL STOCKS. 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 INDIVIDUAL STOCKS was 45.95%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.
The current INDIVIDUAL STOCKS drawdown is 2.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.95% | Jan 13, 2020 | 50 | Mar 23, 2020 | 170 | Nov 23, 2020 | 220 |
| -39.73% | Aug 28, 2014 | 351 | Jan 20, 2016 | 491 | Jan 4, 2018 | 842 |
| -24.6% | Jan 25, 2018 | 231 | Dec 24, 2018 | 262 | Jan 10, 2020 | 493 |
| -20.18% | Jun 3, 2022 | 90 | Oct 12, 2022 | 349 | Mar 1, 2024 | 439 |
| -14.1% | Nov 22, 2024 | 94 | Apr 8, 2025 | 27 | May 16, 2025 | 121 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 6 assets, with an effective number of assets of 6.00, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| Benchmark | TOU.TO | ENB.TO | MFC.TO | ZSP.TO | CM.TO | BNS.TO | Portfolio | |
|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.30 | 0.43 | 0.60 | 0.96 | 0.55 | 0.56 | 0.67 |
| TOU.TO | 0.30 | 1.00 | 0.42 | 0.36 | 0.30 | 0.38 | 0.37 | 0.71 |
| ENB.TO | 0.43 | 0.42 | 1.00 | 0.45 | 0.43 | 0.52 | 0.53 | 0.71 |
| MFC.TO | 0.60 | 0.36 | 0.45 | 1.00 | 0.60 | 0.63 | 0.66 | 0.78 |
| ZSP.TO | 0.96 | 0.30 | 0.43 | 0.60 | 1.00 | 0.55 | 0.57 | 0.68 |
| CM.TO | 0.55 | 0.38 | 0.52 | 0.63 | 0.55 | 1.00 | 0.79 | 0.79 |
| BNS.TO | 0.56 | 0.37 | 0.53 | 0.66 | 0.57 | 0.79 | 1.00 | 0.80 |
| Portfolio | 0.67 | 0.71 | 0.71 | 0.78 | 0.68 | 0.79 | 0.80 | 1.00 |