CASH.TO vs. BK.TO
Compare and contrast key facts about Global X High Interest Savings ETF (CASH.TO) and Canadian Banc Corp. (BK.TO).
CASH.TO is an actively managed fund by Global X. It was launched on Nov 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CASH.TO or BK.TO.
Correlation
The correlation between CASH.TO and BK.TO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CASH.TO vs. BK.TO - Performance Comparison
Key characteristics
CASH.TO:
12.38
BK.TO:
2.71
CASH.TO:
47.15
BK.TO:
3.46
CASH.TO:
14.18
BK.TO:
1.60
CASH.TO:
69.41
BK.TO:
2.04
CASH.TO:
667.85
BK.TO:
20.19
CASH.TO:
0.01%
BK.TO:
1.56%
CASH.TO:
0.34%
BK.TO:
11.64%
CASH.TO:
-0.80%
BK.TO:
-83.66%
CASH.TO:
-0.01%
BK.TO:
-1.59%
Returns By Period
In the year-to-date period, CASH.TO achieves a 0.32% return, which is significantly lower than BK.TO's 3.73% return.
CASH.TO
0.32%
0.23%
1.73%
4.14%
N/A
N/A
BK.TO
3.73%
-0.94%
14.10%
32.14%
16.74%
10.65%
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Risk-Adjusted Performance
CASH.TO vs. BK.TO — Risk-Adjusted Performance Rank
CASH.TO
BK.TO
CASH.TO vs. BK.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X High Interest Savings ETF (CASH.TO) and Canadian Banc Corp. (BK.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.
Dividends
CASH.TO vs. BK.TO - Dividend Comparison
CASH.TO's dividend yield for the trailing twelve months is around 4.19%, less than BK.TO's 14.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH.TO Global X High Interest Savings ETF | 4.19% | 4.37% | 5.06% | 2.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BK.TO Canadian Banc Corp. | 14.24% | 14.41% | 17.93% | 15.91% | 9.13% | 7.72% | 10.49% | 13.19% | 9.13% | 7.82% | 12.98% | 9.72% |
Drawdowns
CASH.TO vs. BK.TO - Drawdown Comparison
The maximum CASH.TO drawdown since its inception was -0.80%, smaller than the maximum BK.TO drawdown of -83.66%. Use the drawdown chart below to compare losses from any high point for CASH.TO and BK.TO. For additional features, visit the drawdowns tool.
Volatility
CASH.TO vs. BK.TO - Volatility Comparison
The current volatility for Global X High Interest Savings ETF (CASH.TO) is 1.63%, while Canadian Banc Corp. (BK.TO) has a volatility of 4.83%. This indicates that CASH.TO experiences smaller price fluctuations and is considered to be less risky than BK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.