CGL.TO vs. TSU.TO
CGL.TO (iShares Gold Bullion ETF (CAD-Hedged)) is Gold fund tracking the Gold Bullion, while TSU.TO (Trisura Group Ltd.) is a stock. Over the past 5 years, CGL.TO returned 15.73%/yr vs 1.34%/yr for TSU.TO. At a 0.02 correlation, their price movements are largely independent.
Performance
CGL.TO vs. TSU.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CGL.TO achieves a -3.19% return, which is significantly lower than TSU.TO's -0.16% return.
CGL.TO
- 1D
- 0.25%
- 1M
- -9.62%
- YTD
- -3.19%
- 6M
- -3.25%
- 1Y
- 19.93%
- 3Y*
- 27.16%
- 5Y*
- 15.73%
- 10Y*
- 10.99%
TSU.TO
- 1D
- 0.24%
- 1M
- 3.95%
- YTD
- -0.16%
- 6M
- 6.79%
- 1Y
- 6.33%
- 3Y*
- 4.15%
- 5Y*
- 1.34%
- 10Y*
- —
CGL.TO vs. TSU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | -3.19% | 60.08% | 25.70% | 11.26% | -1.07% | -4.58% | 23.41% | 16.58% | -3.19% | 2.27% |
TSU.TO Trisura Group Ltd. | -0.16% | 9.59% | 14.65% | -24.93% | -5.03% | 114.17% | 121.18% | 54.29% | 1.32% | -3.30% |
Correlation
The correlation between CGL.TO and TSU.TO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017 | 0.02 |
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
CGL.TO vs. TSU.TO — Risk / Return Rank
CGL.TO
TSU.TO
CGL.TO vs. TSU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) and Trisura Group Ltd. (TSU.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.
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.
| CGL.TO | TSU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.31 | +0.56 |
| Martin ratioReturn relative to average drawdown | 2.49 | 0.53 | +1.96 |
Loading charts...
Drawdowns
CGL.TO vs. TSU.TO - Drawdown Comparison
The maximum CGL.TO drawdown since its inception was -45.96%, which is greater than TSU.TO's maximum drawdown of -40.06%. Use the drawdown chart below to compare losses from any high point for CGL.TO and TSU.TO.
Loading charts...
Drawdown Indicators
| CGL.TO | TSU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.96% | -40.06% | -5.90% |
Max Drawdown (1Y)Largest decline over 1 year | -24.93% | -18.33% | -6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -24.93% | -31.85% | +6.92% |
Max Drawdown (5Y)Largest decline over 5 years | -24.93% | -40.06% | +15.13% |
Max Drawdown (10Y)Largest decline over 10 years | -24.93% | — | — |
Current DrawdownCurrent decline from peak | -22.50% | -14.05% | -8.45% |
Average DrawdownAverage peak-to-trough decline | -20.30% | -14.34% | -5.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.66% | 10.44% | -1.78% |
Volatility
CGL.TO vs. TSU.TO - Volatility Comparison
iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) has a higher volatility of 7.67% compared to Trisura Group Ltd. (TSU.TO) at 4.11%. This indicates that CGL.TO's price experiences larger fluctuations and is considered to be riskier than TSU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CGL.TO | TSU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.67% | 4.11% | +3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 24.08% | 21.80% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.61% | 27.85% | -0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 33.08% | -14.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.53% | 33.66% | -17.13% |
Dividends
CGL.TO vs. TSU.TO - Dividend Comparison
Neither CGL.TO nor TSU.TO has paid dividends to shareholders.
Frequently Asked Questions
CGL.TO and TSU.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CGL.TO and TSU.TO
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