CGI.TO vs. SPY
Compare and contrast key facts about Canadian General Investments, Limited (CGI.TO) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGI.TO or SPY.
Correlation
The correlation between CGI.TO and SPY is 0.39, 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
CGI.TO vs. SPY - Performance Comparison
Key characteristics
CGI.TO:
0.80
SPY:
1.97
CGI.TO:
1.20
SPY:
2.64
CGI.TO:
1.15
SPY:
1.36
CGI.TO:
0.15
SPY:
2.97
CGI.TO:
4.58
SPY:
12.34
CGI.TO:
3.26%
SPY:
2.03%
CGI.TO:
18.58%
SPY:
12.68%
CGI.TO:
-99.72%
SPY:
-55.19%
CGI.TO:
-97.07%
SPY:
-0.01%
Returns By Period
In the year-to-date period, CGI.TO achieves a 0.15% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, CGI.TO has underperformed SPY with an annualized return of 10.96%, while SPY has yielded a comparatively higher 13.18% annualized return.
CGI.TO
0.15%
2.76%
2.59%
14.17%
11.00%
10.96%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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Risk-Adjusted Performance
CGI.TO vs. SPY — Risk-Adjusted Performance Rank
CGI.TO
SPY
CGI.TO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian General Investments, Limited (CGI.TO) and SPDR S&P 500 ETF (SPY). 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
CGI.TO vs. SPY - Dividend Comparison
CGI.TO's dividend yield for the trailing twelve months is around 1.85%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGI.TO Canadian General Investments, Limited | 1.85% | 1.85% | 2.76% | 2.82% | 2.00% | 2.41% | 3.05% | 3.71% | 3.20% | 3.91% | 4.05% | 3.79% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CGI.TO vs. SPY - Drawdown Comparison
The maximum CGI.TO drawdown since its inception was -99.72%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CGI.TO and SPY. For additional features, visit the drawdowns tool.
Volatility
CGI.TO vs. SPY - Volatility Comparison
Canadian General Investments, Limited (CGI.TO) has a higher volatility of 6.92% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that CGI.TO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.