^GSPTSE vs. PKI.TO
Compare and contrast key facts about S&P TSX Composite Index (Canada) (^GSPTSE) and Parkland Corporation (PKI.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTSE or PKI.TO.
Key characteristics
| ^GSPTSE | PKI.TO | |
|---|---|---|
| YTD Return | 16.61% | -11.89% |
| 1Y Return | 24.56% | -6.36% |
| 3Y Return (Ann) | 5.33% | 2.95% |
| 5Y Return (Ann) | 8.32% | -0.47% |
| 10Y Return (Ann) | 5.59% | 10.23% |
| Sharpe Ratio | 2.37 | -0.22 |
| Sortino Ratio | 3.37 | -0.15 |
| Omega Ratio | 1.43 | 0.98 |
| Calmar Ratio | 1.69 | -0.18 |
| Martin Ratio | 16.07 | -0.32 |
| Ulcer Index | 1.59% | 14.82% |
| Daily Std Dev | 10.81% | 21.68% |
| Max Drawdown | -49.99% | -71.43% |
| Current Drawdown | -0.13% | -21.32% |
Correlation
The correlation between ^GSPTSE and PKI.TO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^GSPTSE vs. PKI.TO - Performance Comparison
In the year-to-date period, ^GSPTSE achieves a 16.61% return, which is significantly higher than PKI.TO's -11.89% return. Over the past 10 years, ^GSPTSE has underperformed PKI.TO with an annualized return of 5.59%, while PKI.TO has yielded a comparatively higher 10.23% 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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Risk-Adjusted Performance
^GSPTSE vs. PKI.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Parkland Corporation (PKI.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.
Drawdowns
^GSPTSE vs. PKI.TO - Drawdown Comparison
The maximum ^GSPTSE drawdown since its inception was -49.99%, smaller than the maximum PKI.TO drawdown of -71.43%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and PKI.TO. For additional features, visit the drawdowns tool.
Volatility
^GSPTSE vs. PKI.TO - Volatility Comparison
The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 2.67%, while Parkland Corporation (PKI.TO) has a volatility of 4.19%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than PKI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.