^GSPTXDV vs. ^TNX

Last updated Apr 3, 2026

Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and Treasury Yield 10 Years (^TNX).

Performance

^GSPTXDV vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P/TSX Dividend Aristocrats (^GSPTXDV) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

^GSPTXDV vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^GSPTXDV S&P/TSX Dividend Aristocrats	5.59%	14.03%	15.52%	5.07%	-7.83%	20.93%	-6.87%	20.90%	-12.66%	1.27%
^TNX Treasury Yield 10 Years	3.60%	-8.97%	18.29%	-0.34%	156.55%	64.89%	-52.21%	-28.56%	11.68%	-1.68%

Returns By Period

In the year-to-date period, ^GSPTXDV achieves a 5.59% return, which is significantly higher than ^TNX's 3.60% return. Over the past 10 years, ^GSPTXDV has underperformed ^TNX with an annualized return of 6.17%, while ^TNX has yielded a comparatively higher 9.26% annualized return.

^GSPTXDV

• 1D: -0.08%
• 1M: -2.05%
• YTD: 5.59%
• 6M: 7.07%
• 1Y: 20.49%
• 3Y*: 12.34%
• 5Y*: 7.96%
• 10Y*: 6.17%

^TNX

• 1D: -0.14%
• 1M: 6.34%
• YTD: 3.60%
• 6M: 5.50%
• 1Y: 2.79%
• 3Y*: 7.93%
• 5Y*: 20.77%
• 10Y*: 9.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^GSPTXDV vs. ^TNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^GSPTXDV

^GSPTXDV Risk / Return Rank: 93
^GSPTXDV Sharpe Ratio Rank: 95
^GSPTXDV Sortino Ratio Rank: 97
^GSPTXDV Omega Ratio Rank: 97
^GSPTXDV Calmar Ratio Rank: 84
^GSPTXDV Martin Ratio Rank: 91

^TNX

^TNX Risk / Return Rank: 20
^TNX Sharpe Ratio Rank: 20
^TNX Sortino Ratio Rank: 19
^TNX Omega Ratio Rank: 18
^TNX Calmar Ratio Rank: 23
^TNX Martin Ratio Rank: 22

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.

^GSPTXDV vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) and Treasury Yield 10 Years (^TNX). 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.

	^GSPTXDV	^TNX	Difference
Sharpe ratio Return per unit of total volatility	2.13	0.16	+1.98
Sortino ratio Return per unit of downside risk	2.78	0.36	+2.43
Omega ratio Gain probability vs. loss probability	1.45	1.04	+0.41
Calmar ratio Return relative to maximum drawdown	2.48	0.27	+2.21
Martin ratio Return relative to average drawdown	12.78	0.45	+12.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^GSPTXDV vs. ^TNX - Sharpe Ratio Comparison

The current ^GSPTXDV Sharpe Ratio is 2.13, which is higher than the ^TNX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of ^GSPTXDV and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^GSPTXDV	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.16	+1.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.63	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.19	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	-0.02	+0.33

Correlation

The correlation between ^GSPTXDV and ^TNX is 0.19, 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.

Drawdowns

^GSPTXDV vs. ^TNX - Drawdown Comparison

The maximum ^GSPTXDV drawdown since its inception was -46.09%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and ^TNX.

Drawdown Indicators

	^GSPTXDV	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-46.09%	-93.78%	+47.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	-13.99%	+6.81%
Max Drawdown (5Y) Largest decline over 5 years	-20.09%	-31.74%	+11.65%
Max Drawdown (10Y) Largest decline over 10 years	-46.09%	-84.57%	+38.48%
Current Drawdown Current decline from peak	-2.58%	-46.24%	+43.66%
Average Drawdown Average peak-to-trough decline	-7.13%	-51.38%	+44.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	8.40%	-6.72%

Volatility

^GSPTXDV vs. ^TNX - Volatility Comparison

The current volatility for S&P/TSX Dividend Aristocrats (^GSPTXDV) is 3.23%, while Treasury Yield 10 Years (^TNX) has a volatility of 5.90%. This indicates that ^GSPTXDV experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^GSPTXDV	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	5.90%	-2.67%
Volatility (6M) Calculated over the trailing 6-month period	5.86%	10.53%	-4.67%
Volatility (1Y) Calculated over the trailing 1-year period	9.90%	17.76%	-7.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.63%	32.94%	-22.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.63%	48.17%	-33.54%