CHASX vs. RY
CHASX (Chase Growth Fund) is Large Cap Growth Equities fund managed by Chase, while RY (Royal Bank of Canada) is a stock. Over the past 10 years, CHASX returned 20.42%/yr vs 17.49%/yr for RY. At a 0.49 correlation, their price movements are largely independent.
Performance
CHASX vs. RY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHASX achieves a 25.63% return, which is significantly higher than RY's 20.58% return. Over the past 10 years, CHASX has outperformed RY with an annualized return of 20.42%, while RY has yielded a comparatively lower 17.49% annualized return.
CHASX
- 1D
- 0.92%
- 1M
- 3.87%
- YTD
- 25.63%
- 6M
- 24.37%
- 1Y
- 50.58%
- 3Y*
- 40.79%
- 5Y*
- 22.97%
- 10Y*
- 20.42%
RY
- 1D
- 0.59%
- 1M
- 6.87%
- YTD
- 20.58%
- 6M
- 21.05%
- 1Y
- 64.10%
- 3Y*
- 34.75%
- 5Y*
- 19.10%
- 10Y*
- 17.49%
CHASX vs. RY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHASX Chase Growth Fund | 25.63% | 20.61% | 64.71% | 25.91% | -20.41% | 22.32% | 18.27% | 42.63% | -3.96% | 24.49% |
RY Royal Bank of Canada | 20.58% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
Correlation
The correlation between CHASX and RY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 1997 | 0.49 |
The correlation between CHASX and RY has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.
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
CHASX vs. RY — Risk / Return Rank
CHASX
RY
CHASX vs. RY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chase Growth Fund (CHASX) and Royal Bank of Canada (RY). 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.
| CHASX | RY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.75 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | 6.42 | -1.29 |
| Martin ratioReturn relative to average drawdown | 21.20 | 23.93 | -2.73 |
Loading charts...
Drawdowns
CHASX vs. RY - Drawdown Comparison
The maximum CHASX drawdown since its inception was -45.94%, smaller than the maximum RY drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for CHASX and RY.
Loading charts...
Drawdown Indicators
| CHASX | RY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.94% | -62.90% | +16.96% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -10.04% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -23.40% | -19.88% | -3.52% |
Max Drawdown (5Y)Largest decline over 5 years | -24.63% | -28.36% | +3.73% |
Max Drawdown (10Y)Largest decline over 10 years | -30.40% | -39.95% | +9.55% |
Current DrawdownCurrent decline from peak | -0.95% | 0.00% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -9.14% | -9.31% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.69% | -0.30% |
Volatility
CHASX vs. RY - Volatility Comparison
Chase Growth Fund (CHASX) has a higher volatility of 6.65% compared to Royal Bank of Canada (RY) at 3.15%. This indicates that CHASX's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHASX | RY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 3.15% | +3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.34% | 11.27% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.20% | 15.07% | +3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.37% | 17.99% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.95% | 19.74% | +0.21% |
Dividends
CHASX vs. RY - Dividend Comparison
CHASX's dividend yield for the trailing twelve months is around 7.26%, more than RY's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHASX Chase Growth Fund | 7.26% | 9.12% | 36.67% | 5.80% | 5.49% | 20.15% | 7.83% | 22.82% | 12.92% | 11.92% | 9.14% | 10.24% |
RY Royal Bank of Canada | 2.28% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Frequently Asked Questions
CHASX and RY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHASX has higher volatility (6.65%) compared to RY (3.15%). In terms of maximum drawdown, CHASX dropped -45.94% vs RY's -62.90%.
RY currently has the higher Sharpe Ratio (4.28 vs 2.79), 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.
Find the right allocation for CHASX and RY
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