CHE-UN.TO vs. EDT.TO

Last updated Jul 21, 2026

CHE-UN.TO (Chemtrade Logistics Income Fund) and EDT.TO (Spectral Medical Inc.) are both stocks. CHE-UN.TO operates in Chemicals (Basic Materials), while EDT.TO operates in Diagnostics & Research (Healthcare). Over the past 10 years, CHE-UN.TO returned 7.14%/yr vs 2.63%/yr for EDT.TO. At a 0.04 correlation, their price movements are largely independent.

Performance

CHE-UN.TO vs. EDT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Chemtrade Logistics Income Fund (CHE-UN.TO) and Spectral Medical Inc. (EDT.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHE-UN.TO achieves a 10.93% return, which is significantly higher than EDT.TO's -2.78% return. Over the past 10 years, CHE-UN.TO has outperformed EDT.TO with an annualized return of 7.14%, while EDT.TO has yielded a comparatively lower 2.63% annualized return.

CHE-UN.TO

• 1D: -3.15%
• 1M: 3.96%
• 6M: 8.00%
• YTD: 10.93%
• 1Y: 50.49%
• 3Y*: 30.56%
• 5Y*: 27.28%
• 10Y*: 7.14%
• ALL TIME*: 11.59%

EDT.TO

• 1D: -1.41%
• 1M: 2.94%
• 6M: 4.48%
• YTD: -2.78%
• 1Y: 72.84%
• 3Y*: 65.29%
• 5Y*: 28.80%
• 10Y*: 2.63%
• ALL TIME*: 10.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHE-UN.TO vs. EDT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHE-UN.TO Chemtrade Logistics Income Fund	10.93%	43.14%	37.53%	1.90%	30.66%	37.93%	-40.45%	18.66%	-41.30%	9.25%
EDT.TO Spectral Medical Inc.	-2.78%	188.00%	17.65%	14.86%	68.18%	-45.68%	-43.75%	152.63%	-25.00%	38.18%

Correlation

The correlation between CHE-UN.TO and EDT.TO is -0.00, 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	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Aug 17, 2006	0.04

Fundamentals

Market Cap CHE-UN.TO : CA$1.78B EDT.TO : CA$410.79M
EPS CHE-UN.TO : CA$1.02 EDT.TO : -CA$0.13
PS Ratio CHE-UN.TO : 0.89 EDT.TO : 147.37
Total Revenue (TTM) CHE-UN.TO : CA$2.03B EDT.TO : CA$2.76M
Gross Profit (TTM) CHE-UN.TO : CA$452.05M EDT.TO : -CA$2.19M
EBITDA (TTM) CHE-UN.TO : CA$505.08M EDT.TO : -CA$35.21M

Return for Risk

CHE-UN.TO vs. EDT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHE-UN.TO

CHE-UN.TO Risk / Return Rank: 85
CHE-UN.TO Sharpe Ratio Rank: 86
CHE-UN.TO Sortino Ratio Rank: 77
CHE-UN.TO Omega Ratio Rank: 88
CHE-UN.TO Calmar Ratio Rank: 85
CHE-UN.TO Martin Ratio Rank: 87

EDT.TO

EDT.TO Risk / Return Rank: 83
EDT.TO Sharpe Ratio Rank: 82
EDT.TO Sortino Ratio Rank: 90
EDT.TO Omega Ratio Rank: 85
EDT.TO Calmar Ratio Rank: 83
EDT.TO Martin Ratio Rank: 74

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.

CHE-UN.TO vs. EDT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chemtrade Logistics Income Fund (CHE-UN.TO) and Spectral Medical Inc. (EDT.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.

	CHE-UN.TO	EDT.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.31	+0.19
Sortino ratio: Return per unit of downside risk	1.84	2.71	-0.87
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	2.76	2.44	+0.32
Martin ratio: Return relative to average drawdown	8.09	3.56	+4.53

CHE-UN.TO vs. EDT.TO - Sharpe Ratio Comparison

The current CHE-UN.TO Sharpe Ratio is 1.50, which is comparable to the EDT.TO Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of CHE-UN.TO and EDT.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CHE-UN.TO vs. EDT.TO - Drawdown Comparison

The maximum CHE-UN.TO drawdown since its inception was -77.56%, smaller than the maximum EDT.TO drawdown of -89.95%. Use the drawdown chart below to compare losses from any high point for CHE-UN.TO and EDT.TO.

Drawdown Indicators

	CHE-UN.TO	EDT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-77.56%	-89.95%	+12.39%
Max Drawdown (1Y) Largest decline over 1 year	-18.36%	-29.14%	+10.78%
Max Drawdown (3Y) Largest decline over 3 years	-26.10%	-40.30%	+14.20%
Max Drawdown (5Y) Largest decline over 5 years	-28.06%	-56.25%	+28.19%
Max Drawdown (10Y) Largest decline over 10 years	-77.56%	-89.95%	+12.39%
Current Drawdown Current decline from peak	-12.40%	-25.93%	+13.53%
Average Drawdown Average peak-to-trough decline	-19.26%	-62.43%	+43.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.26%	19.91%	-13.65%

Volatility

CHE-UN.TO vs. EDT.TO - Volatility Comparison

Chemtrade Logistics Income Fund (CHE-UN.TO) has a higher volatility of 7.76% compared to Spectral Medical Inc. (EDT.TO) at 7.12%. This indicates that CHE-UN.TO's price experiences larger fluctuations and is considered to be riskier than EDT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHE-UN.TO	EDT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	7.12%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	30.01%	24.69%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	33.80%	54.31%	-20.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.00%	64.28%	-35.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.82%	78.66%	-43.84%

Dividends

CHE-UN.TO vs. EDT.TO - Dividend Comparison

CHE-UN.TO's dividend yield for the trailing twelve months is around 4.41%, while EDT.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHE-UN.TO Chemtrade Logistics Income Fund	4.41%	4.68%	6.03%	7.04%	6.69%	8.11%	12.01%	10.88%	11.45%	6.19%	6.34%	6.72%
EDT.TO Spectral Medical Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CHE-UN.TO and EDT.TO in my portfolio?

CHE-UN.TO and EDT.TO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.