AOI.TO vs. CSPX.L
Compare and contrast key facts about Africa Oil Corp. (AOI.TO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOI.TO or CSPX.L.
Key characteristics
| AOI.TO | CSPX.L | |
|---|---|---|
| YTD Return | 2.42% | 6.83% |
| 1Y Return | -1.26% | 25.92% |
| 3Y Return (Ann) | 30.50% | 8.16% |
| 5Y Return (Ann) | 16.37% | 13.23% |
| 10Y Return (Ann) | -10.64% | 12.18% |
| Sharpe Ratio | -0.01 | 2.26 |
| Daily Std Dev | 33.43% | 11.45% |
| Max Drawdown | -98.27% | -33.90% |
| Current Drawdown | -76.79% | -3.00% |
Correlation
The correlation between AOI.TO and CSPX.L is 0.22, 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
AOI.TO vs. CSPX.L - Performance Comparison
In the year-to-date period, AOI.TO achieves a 2.42% return, which is significantly lower than CSPX.L's 6.83% return. Over the past 10 years, AOI.TO has underperformed CSPX.L with an annualized return of -10.64%, while CSPX.L has yielded a comparatively higher 12.18% 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
AOI.TO vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Africa Oil Corp. (AOI.TO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L). 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.
Dividends
AOI.TO vs. CSPX.L - Dividend Comparison
AOI.TO's dividend yield for the trailing twelve months is around 2.70%, while CSPX.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AOI.TO Africa Oil Corp. | 2.70% | 2.76% | 2.01% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
Drawdowns
AOI.TO vs. CSPX.L - Drawdown Comparison
The maximum AOI.TO drawdown since its inception was -98.27%, which is greater than CSPX.L's maximum drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for AOI.TO and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
AOI.TO vs. CSPX.L - Volatility Comparison
Africa Oil Corp. (AOI.TO) has a higher volatility of 10.27% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 3.90%. This indicates that AOI.TO's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.