^GSPTXDV vs. ^TNX
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTXDV or ^TNX.
Key characteristics
| ^GSPTXDV | ^TNX | |
|---|---|---|
| YTD Return | 12.63% | -5.59% |
| 1Y Return | 17.11% | -14.88% |
| 3Y Return (Ann) | 2.92% | 42.11% |
| 5Y Return (Ann) | 5.01% | 13.95% |
| 10Y Return (Ann) | 2.68% | 3.51% |
| Sharpe Ratio | 1.88 | -0.58 |
| Daily Std Dev | 10.90% | 24.36% |
| Max Drawdown | -46.09% | -93.78% |
| Current Drawdown | 0.00% | -54.51% |
Correlation
The correlation between ^GSPTXDV and ^TNX is 0.21, 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
^GSPTXDV vs. ^TNX - Performance Comparison
In the year-to-date period, ^GSPTXDV achieves a 12.63% return, which is significantly higher than ^TNX's -5.59% return. Over the past 10 years, ^GSPTXDV has underperformed ^TNX with an annualized return of 2.68%, while ^TNX has yielded a comparatively higher 3.51% 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
^GSPTXDV vs. ^TNX - Risk-Adjusted Performance 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.
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. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. ^TNX - Volatility Comparison
The current volatility for S&P/TSX Dividend Aristocrats (^GSPTXDV) is 2.33%, while Treasury Yield 10 Years (^TNX) has a volatility of 5.70%. 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.