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CDUAF vs. AMZA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CDUAF vs. AMZA

Last updated Jun 24, 2026

CDUAF (Canadian Utilities Limited) is a stock, while AMZA (InfraCap MLP ETF) is MLPs fund actively managed by Virtus Investment Partners. Over the past 10 years, CDUAF returned 7.71%/yr vs 5.02%/yr for AMZA. At a 0.20 correlation, their price movements are largely independent.

Performance

CDUAF vs. AMZA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Utilities Limited (CDUAF) and InfraCap MLP ETF (AMZA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CDUAF achieves a 20.46% return, which is significantly lower than AMZA's 22.69% return. Over the past 10 years, CDUAF has outperformed AMZA with an annualized return of 7.71%, while AMZA has yielded a comparatively lower 5.02% annualized return.

CDUAF

1D
0.00%
1M
1.08%
YTD
20.46%
6M
21.48%
1Y
39.08%
3Y*
18.21%
5Y*
10.65%
10Y*
7.71%

AMZA

1D
2.77%
1M
-3.10%
YTD
22.69%
6M
22.31%
1Y
19.14%
3Y*
22.70%
5Y*
19.14%
10Y*
5.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CDUAF vs. AMZA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CDUAF
Canadian Utilities Limited		20.46%35.10%6.34%-6.25%-1.87%25.16%-14.69%37.49%-19.67%15.55%
AMZA
InfraCap MLP ETF		22.69%0.17%30.90%23.35%33.20%51.22%-49.25%6.27%-26.78%-6.90%

Correlation

The correlation between CDUAF and AMZA is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

Correlation (3Y)
Calculated over the trailing 3-year period

0.16

Correlation (5Y)
Calculated over the trailing 5-year period

0.21

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Oct 2, 2014

0.20

Compare stocks, funds, or ETFs

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Canadian Utilities Limited

InfraCap MLP ETF

Often compared with CDUAF:
CDUAF vs. FRTCDUAF vs. TNCCDUAF vs. ABBVCDUAF vs. MAINCDUAF vs. CPX.TOCDUAF vs. EWCCDUAF vs. NNN
Often compared with AMZA:
AMZA vs. MLPBAMZA vs. ATMPAMZA vs. UMIAMZA vs. GCCAMZA vs. EMOAMZA vs. DIVAMZA vs. GLFOX

Return for Risk

CDUAF vs. AMZA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CDUAF
CDUAF Risk / Return Rank: 9494
Overall Rank
CDUAF Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
CDUAF Sortino Ratio Rank: 9292
Sortino Ratio Rank
CDUAF Omega Ratio Rank: 9393
Omega Ratio Rank
CDUAF Calmar Ratio Rank: 9696
Calmar Ratio Rank
CDUAF Martin Ratio Rank: 9595
Martin Ratio Rank
AMZA
AMZA Risk / Return Rank: 3030
Overall Rank
AMZA Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
AMZA Sortino Ratio Rank: 3131
Sortino Ratio Rank
AMZA Omega Ratio Rank: 2828
Omega Ratio Rank
AMZA Calmar Ratio Rank: 3333
Calmar Ratio Rank
AMZA Martin Ratio Rank: 2929
Martin Ratio Rank
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.

CDUAF vs. AMZA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Utilities Limited (CDUAF) and InfraCap MLP ETF (AMZA). 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.

CDUAFAMZADifference
Sharpe ratioReturn per unit of total volatility
2.46
1.08

+1.38

Sortino ratioReturn per unit of downside risk
3.35
1.59

+1.76

Omega ratioGain probability vs. loss probability

1.47

1.19

+0.29

Calmar ratioReturn relative to maximum drawdown

7.34

1.58

+5.76

Martin ratioReturn relative to average drawdown

18.33

3.87

+14.45

CDUAF vs. AMZA - Sharpe Ratio Comparison

The current CDUAF Sharpe Ratio is 2.46, which is higher than the AMZA Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CDUAF and AMZA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CDUAF vs. AMZA - Drawdown Comparison

The maximum CDUAF drawdown since its inception was -71.22%, smaller than the maximum AMZA drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for CDUAF and AMZA.

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Drawdown Indicators

CDUAFAMZADifference

Max Drawdown

Largest peak-to-trough decline

-71.22%

-91.46%

+20.24%

Max Drawdown (1Y)

Largest decline over 1 year

-5.35%

-12.16%

+6.81%

Max Drawdown (3Y)

Largest decline over 3 years

-19.68%

-18.56%

-1.12%

Max Drawdown (5Y)

Largest decline over 5 years

-31.94%

-25.15%

-6.79%

Max Drawdown (10Y)

Largest decline over 10 years

-41.92%

-86.84%

+44.92%

Current Drawdown

Current decline from peak

-16.56%

-9.84%

-6.72%

Average Drawdown

Average peak-to-trough decline

-39.83%

-44.85%

+5.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.14%

4.95%

-2.81%

Volatility

CDUAF vs. AMZA - Volatility Comparison

The current volatility for Canadian Utilities Limited (CDUAF) is 5.40%, while InfraCap MLP ETF (AMZA) has a volatility of 5.85%. This indicates that CDUAF experiences smaller price fluctuations and is considered to be less risky than AMZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CDUAFAMZADifference

Volatility (1M)

Calculated over the trailing 1-month period

5.40%

5.85%

-0.45%

Volatility (6M)

Calculated over the trailing 6-month period

11.66%

13.53%

-1.87%

Volatility (1Y)

Calculated over the trailing 1-year period

15.98%

17.92%

-1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.07%

25.67%

-6.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.59%

37.20%

-11.61%

Dividends

CDUAF vs. AMZA - Dividend Comparison

CDUAF's dividend yield for the trailing twelve months is around 3.64%, less than AMZA's 8.16% yield.

PositionTTM20252024202320222021202020192018201720162015
AMZA
InfraCap MLP ETF		8.16%8.81%7.29%9.40%7.65%10.24%22.13%19.47%34.46%24.16%18.36%18.21%
CDUAF
Canadian Utilities Limited		3.64%4.21%5.47%6.05%5.03%4.85%5.32%4.24%4.49%4.82%4.82%5.11%

Frequently Asked Questions

CDUAF and AMZA have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AMZA has higher volatility (5.85%) compared to CDUAF (5.40%). In terms of maximum drawdown, CDUAF dropped -71.22% vs AMZA's -91.46%.

CDUAF currently has the higher Sharpe Ratio (2.46 vs 1.08), 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.

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