ATD.TO vs. HISU-U.TO

Last updated Jun 4, 2026

ATD.TO (Alimentation Couche-Tard Inc.) is a stock, while HISU-U.TO (Evolve US High Interest Savings Account Fund) is Money Market fund actively managed by Evolve. Over the past 3 years, ATD.TO returned 6.79%/yr vs 4.59%/yr for HISU-U.TO. At a correlation of -0.11, they often move in opposite directions.

Performance

ATD.TO vs. HISU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Alimentation Couche-Tard Inc. (ATD.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ATD.TO is traded in CAD, while HISU-U.TO is traded in USD. To make them comparable, the HISU-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ATD.TO achieves a 7.06% return, which is significantly higher than HISU-U.TO's 2.33% return.

ATD.TO

• 1D: 1.04%
• 1M: 0.48%
• YTD: 7.06%
• 6M: 9.62%
• 1Y: 11.36%
• 3Y*: 6.79%
• 5Y*: 13.22%
• 10Y*: 11.33%

HISU-U.TO

• 1D: 0.42%
• 1M: 2.21%
• YTD: 2.33%
• 6M: 0.87%
• 1Y: 4.08%
• 3Y*: 4.59%
• 5Y*: —
• 10Y*: —

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

ATD.TO vs. HISU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ATD.TO Alimentation Couche-Tard Inc.	7.06%	-4.91%	3.11%	32.26%	5.62%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.33%	-1.75%	12.72%	1.60%	4.39%

Correlation

The correlation between ATD.TO and HISU-U.TO is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.13
Correlation (3Y) Calculated over the trailing 3-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022	-0.11

Return for Risk

ATD.TO vs. HISU-U.TO — Risk / Return Rank

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

ATD.TO

ATD.TO Risk / Return Rank: 55
ATD.TO Sharpe Ratio Rank: 56
ATD.TO Sortino Ratio Rank: 51
ATD.TO Omega Ratio Rank: 48
ATD.TO Calmar Ratio Rank: 62
ATD.TO Martin Ratio Rank: 59

HISU-U.TO

HISU-U.TO Risk / Return Rank: 99
HISU-U.TO Sharpe Ratio Rank: 99
HISU-U.TO Sortino Ratio Rank: 99
HISU-U.TO Omega Ratio Rank: 99
HISU-U.TO Calmar Ratio Rank: 99
HISU-U.TO Martin Ratio Rank: 99

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.

ATD.TO vs. HISU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alimentation Couche-Tard Inc. (ATD.TO) and Evolve US High Interest Savings Account Fund (HISU-U.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.

	ATD.TO	HISU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.44	0.90	-0.45
Sortino ratio: Return per unit of downside risk	0.90	1.25	-0.35
Omega ratio: Gain probability vs. loss probability	1.10	1.16	-0.06
Calmar ratio: Return relative to maximum drawdown	1.05	1.02	+0.03
Martin ratio: Return relative to average drawdown	1.89	2.66	-0.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATD.TO vs. HISU-U.TO - Sharpe Ratio Comparison

The current ATD.TO Sharpe Ratio is 0.44, which is lower than the HISU-U.TO Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of ATD.TO and HISU-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ATD.TO	HISU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	0.90	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.85	-0.17

Drawdowns

ATD.TO vs. HISU-U.TO - Drawdown Comparison

The maximum ATD.TO drawdown since its inception was -63.41%, which is greater than HISU-U.TO's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for ATD.TO and HISU-U.TO.

Drawdown Indicators

	ATD.TO	HISU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-63.41%	-5.49%	-57.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.84%	-4.01%	-6.83%
Max Drawdown (3Y) Largest decline over 3 years	-22.16%	-5.49%	-16.67%
Max Drawdown (5Y) Largest decline over 5 years	-22.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.61%	—	—
Current Drawdown Current decline from peak	-5.88%	-0.69%	-5.19%
Average Drawdown Average peak-to-trough decline	-12.13%	-1.78%	-10.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	1.54%	+4.49%

Volatility

ATD.TO vs. HISU-U.TO - Volatility Comparison

Alimentation Couche-Tard Inc. (ATD.TO) has a higher volatility of 5.48% compared to Evolve US High Interest Savings Account Fund (HISU-U.TO) at 0.79%. This indicates that ATD.TO's price experiences larger fluctuations and is considered to be riskier than HISU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATD.TO	HISU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	0.79%	+4.69%
Volatility (6M) Calculated over the trailing 6-month period	17.98%	3.43%	+14.55%
Volatility (1Y) Calculated over the trailing 1-year period	25.67%	4.58%	+21.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.63%	5.94%	+17.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.54%	5.94%	+18.60%

Dividends

ATD.TO vs. HISU-U.TO - Dividend Comparison

ATD.TO's dividend yield for the trailing twelve months is around 1.02%, less than HISU-U.TO's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATD.TO Alimentation Couche-Tard Inc.	1.02%	1.07%	0.90%	0.76%	0.79%	0.71%	0.69%	0.61%	0.57%	0.55%	0.50%	0.27%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.74%	2.93%	3.70%	3.85%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ATD.TO and HISU-U.TO in my portfolio?

ATD.TO and HISU-U.TO have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.