BCE.TO vs. ^TNX
Compare and contrast key facts about BCE Inc. (BCE.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCE.TO or ^TNX.
Correlation
The correlation between BCE.TO and ^TNX is 0.05, 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
BCE.TO vs. ^TNX - Performance Comparison
Key characteristics
BCE.TO:
-1.02
^TNX:
0.10
BCE.TO:
-1.25
^TNX:
0.30
BCE.TO:
0.82
^TNX:
1.03
BCE.TO:
-0.45
^TNX:
0.04
BCE.TO:
-1.35
^TNX:
0.19
BCE.TO:
15.85%
^TNX:
10.61%
BCE.TO:
20.94%
^TNX:
21.22%
BCE.TO:
-48.16%
^TNX:
-93.78%
BCE.TO:
-41.89%
^TNX:
-46.84%
Returns By Period
In the year-to-date period, BCE.TO achieves a 5.10% return, which is significantly higher than ^TNX's -6.74% return. Over the past 10 years, BCE.TO has underperformed ^TNX with an annualized return of 1.53%, while ^TNX has yielded a comparatively higher 6.89% annualized return.
BCE.TO
5.10%
0.32%
-24.32%
-21.90%
-4.82%
1.53%
^TNX
-6.74%
-5.50%
14.31%
3.92%
43.50%
6.89%
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Risk-Adjusted Performance
BCE.TO vs. ^TNX — Risk-Adjusted Performance Rank
BCE.TO
^TNX
BCE.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BCE Inc. (BCE.TO) 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
BCE.TO vs. ^TNX - Drawdown Comparison
The maximum BCE.TO drawdown since its inception was -48.16%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for BCE.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
BCE.TO vs. ^TNX - Volatility Comparison
BCE Inc. (BCE.TO) has a higher volatility of 9.22% compared to Treasury Yield 10 Years (^TNX) at 5.93%. This indicates that BCE.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.