CAN vs. SPUS
CAN (Canaan Inc.) is a stock, while SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) is S&P 500 fund tracking the S&P 500 Shariah Industry Exclusions Index. Over the past 5 years, CAN returned -46.98%/yr vs 15.64%/yr for SPUS. At a 0.36 correlation, their price movements are largely independent.
Performance
CAN vs. SPUS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CAN achieves a -50.58% return, which is significantly lower than SPUS's 10.08% return.
CAN
- 1D
- -2.82%
- 1M
- -17.83%
- YTD
- -50.58%
- 6M
- -56.97%
- 1Y
- -43.98%
- 3Y*
- -44.91%
- 5Y*
- -46.98%
- 10Y*
- —
SPUS
- 1D
- -2.44%
- 1M
- -1.97%
- YTD
- 10.08%
- 6M
- 9.02%
- 1Y
- 31.44%
- 3Y*
- 21.93%
- 5Y*
- 15.64%
- 10Y*
- —
CAN vs. SPUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CAN Canaan Inc. | -50.58% | -66.34% | -11.26% | 12.14% | -60.00% | -13.15% | -2.79% | 17.53% |
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 10.08% | 19.77% | 26.49% | 34.24% | -22.76% | 35.92% | 25.68% | 0.95% |
Correlation
The correlation between CAN and SPUS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2019 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CAN vs. SPUS — Risk / Return Rank
CAN
SPUS
CAN vs. SPUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAN | SPUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.36 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 2.96 | -3.49 |
| Martin ratioReturn relative to average drawdown | -0.77 | 11.81 | -12.58 |
Loading charts...
Drawdowns
CAN vs. SPUS - Drawdown Comparison
The maximum CAN drawdown since its inception was -99.12%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for CAN and SPUS.
Loading charts...
Drawdown Indicators
| CAN | SPUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.12% | -30.80% | -68.32% |
Max Drawdown (1Y)Largest decline over 1 year | -84.38% | -10.66% | -73.72% |
Max Drawdown (3Y)Largest decline over 3 years | -89.96% | -22.82% | -67.14% |
Max Drawdown (5Y)Largest decline over 5 years | -97.01% | -28.06% | -68.95% |
Current DrawdownCurrent decline from peak | -99.06% | -5.76% | -93.30% |
Average DrawdownAverage peak-to-trough decline | -83.82% | -6.19% | -77.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.17% | 2.67% | +54.50% |
Volatility
CAN vs. SPUS - Volatility Comparison
Canaan Inc. (CAN) has a higher volatility of 19.57% compared to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) at 6.81%. This indicates that CAN's price experiences larger fluctuations and is considered to be riskier than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CAN | SPUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.57% | 6.81% | +12.76% |
Volatility (6M)Calculated over the trailing 6-month period | 60.78% | 12.29% | +48.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.58% | 15.27% | +104.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 111.24% | 19.41% | +91.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.20% | 21.33% | +104.87% |
Dividends
CAN vs. SPUS - Dividend Comparison
CAN has not paid dividends to shareholders, while SPUS's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CAN Canaan Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.55% | 0.60% | 0.70% | 0.87% | 1.21% | 1.15% | 1.04% |
Frequently Asked Questions
CAN and SPUS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAN has higher volatility (19.57%) compared to SPUS (6.81%). In terms of maximum drawdown, CAN dropped -99.12% vs SPUS's -30.80%.
SPUS currently has the higher Sharpe Ratio (2.07 vs -0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CAN and SPUS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer