CAE.TO vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about CAE Inc. (CAE.TO) and S&P 500 Index (^GSPC).

Performance

CAE.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CAE Inc. (CAE.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

CAE.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CAE.TO CAE Inc.	-11.62%	14.36%	27.62%	9.20%	-17.93%	-9.53%	2.97%	38.82%	9.03%	26.35%
^GSPC S&P 500 Index	-2.73%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	1.71%	11.82%

Different Trading Currencies

CAE.TO is traded in CAD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CAE.TO achieves a -11.62% return, which is significantly lower than ^GSPC's -3.34% return. Over the past 10 years, CAE.TO has underperformed ^GSPC with an annualized return of 10.12%, while ^GSPC has yielded a comparatively higher 12.91% annualized return.

CAE.TO

• 1D: 1.85%
• 1M: -9.83%
• YTD: -11.62%
• 6M: -8.55%
• 1Y: 4.83%
• 3Y*: 6.48%
• 5Y*: 0.39%
• 10Y*: 10.12%

^GSPC

• 1D: 0.00%
• 1M: -3.51%
• YTD: -3.34%
• 6M: -2.91%
• 1Y: 12.69%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

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

Return for Risk

CAE.TO vs. ^GSPC — Risk / Return Rank

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

CAE.TO

CAE.TO Risk / Return Rank: 43
CAE.TO Sharpe Ratio Rank: 46
CAE.TO Sortino Ratio Rank: 40
CAE.TO Omega Ratio Rank: 39
CAE.TO Calmar Ratio Rank: 44
CAE.TO Martin Ratio Rank: 46

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

CAE.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CAE Inc. (CAE.TO) and S&P 500 Index (^GSPC). 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.

	CAE.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.15	0.70	-0.55
Sortino ratio Return per unit of downside risk	0.44	1.07	-0.64
Omega ratio Gain probability vs. loss probability	1.05	1.17	-0.11
Calmar ratio Return relative to maximum drawdown	0.17	1.04	-0.87
Martin ratio Return relative to average drawdown	0.48	3.82	-3.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAE.TO vs. ^GSPC - Sharpe Ratio Comparison

The current CAE.TO Sharpe Ratio is 0.15, which is lower than the ^GSPC Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of CAE.TO and ^GSPC, 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

	CAE.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.70	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.84	-0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.79	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.91	-0.71

Correlation

The correlation between CAE.TO and ^GSPC is 0.36, 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

CAE.TO vs. ^GSPC - Drawdown Comparison

The maximum CAE.TO drawdown since its inception was -80.68%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for CAE.TO and ^GSPC.

Drawdown Indicators

	CAE.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-80.68%	-56.78%	-23.90%
Max Drawdown (1Y) Largest decline over 1 year	-25.08%	-12.14%	-12.94%
Max Drawdown (5Y) Largest decline over 5 years	-50.05%	-25.43%	-24.62%
Max Drawdown (10Y) Largest decline over 10 years	-64.91%	-33.92%	-30.99%
Current Drawdown Current decline from peak	-22.17%	-5.78%	-16.39%
Average Drawdown Average peak-to-trough decline	-25.25%	-10.75%	-14.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.92%	2.60%	+6.32%

Volatility

CAE.TO vs. ^GSPC - Volatility Comparison

CAE Inc. (CAE.TO) has a higher volatility of 12.21% compared to S&P 500 Index (^GSPC) at 5.22%. This indicates that CAE.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAE.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.21%	5.22%	+6.99%
Volatility (6M) Calculated over the trailing 6-month period	21.67%	9.60%	+12.07%
Volatility (1Y) Calculated over the trailing 1-year period	32.30%	18.11%	+14.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.91%	14.99%	+18.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.07%	16.33%	+18.74%