CGI.TO vs. ^GSPC
Compare and contrast key facts about Canadian General Investments, Limited (CGI.TO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGI.TO or ^GSPC.
Correlation
The correlation between CGI.TO and ^GSPC is 0.37, 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. ^GSPC - Performance Comparison
Key characteristics
CGI.TO:
0.73
^GSPC:
1.62
CGI.TO:
1.10
^GSPC:
2.20
CGI.TO:
1.14
^GSPC:
1.30
CGI.TO:
0.14
^GSPC:
2.46
CGI.TO:
4.08
^GSPC:
10.01
CGI.TO:
3.30%
^GSPC:
2.08%
CGI.TO:
18.59%
^GSPC:
12.88%
CGI.TO:
-99.72%
^GSPC:
-56.78%
CGI.TO:
-97.14%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, CGI.TO achieves a -2.17% return, which is significantly lower than ^GSPC's 2.24% return. Both investments have delivered pretty close results over the past 10 years, with CGI.TO having a 10.72% annualized return and ^GSPC not far ahead at 11.04%.
CGI.TO
-2.17%
-3.30%
1.54%
10.12%
10.74%
10.72%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
CGI.TO vs. ^GSPC — Risk-Adjusted Performance Rank
CGI.TO
^GSPC
CGI.TO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian General Investments, Limited (CGI.TO) and S&P 500 (^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.
Drawdowns
CGI.TO vs. ^GSPC - Drawdown Comparison
The maximum CGI.TO drawdown since its inception was -99.72%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CGI.TO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CGI.TO vs. ^GSPC - Volatility Comparison
Canadian General Investments, Limited (CGI.TO) has a higher volatility of 6.56% compared to S&P 500 (^GSPC) at 3.43%. This indicates that CGI.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.