CHE-UN.TO vs. HLF.TO
CHE-UN.TO (Chemtrade Logistics Income Fund) and HLF.TO (High Liner Foods Incorporated) are both stocks. CHE-UN.TO operates in Chemicals (Basic Materials), while HLF.TO operates in Packaged Foods (Consumer Defensive). Over the past 10 years, CHE-UN.TO returned 7.48%/yr vs 1.14%/yr for HLF.TO. At a 0.12 correlation, their price movements are largely independent.
Performance
CHE-UN.TO vs. HLF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CHE-UN.TO achieves a 15.34% return, which is significantly higher than HLF.TO's -0.48% return. Over the past 10 years, CHE-UN.TO has outperformed HLF.TO with an annualized return of 7.48%, while HLF.TO has yielded a comparatively lower 1.14% annualized return.
CHE-UN.TO
- 1D
- 1.33%
- 1M
- -4.56%
- YTD
- 15.34%
- 6M
- 21.31%
- 1Y
- 58.29%
- 3Y*
- 33.16%
- 5Y*
- 25.74%
- 10Y*
- 7.48%
HLF.TO
- 1D
- -0.35%
- 1M
- 5.61%
- YTD
- -0.48%
- 6M
- 8.62%
- 1Y
- -14.90%
- 3Y*
- 4.15%
- 5Y*
- 5.70%
- 10Y*
- 1.14%
CHE-UN.TO vs. HLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHE-UN.TO Chemtrade Logistics Income Fund | 15.34% | 43.14% | 37.53% | 1.90% | 30.66% | 37.93% | -40.45% | 18.66% | -41.30% | 9.25% |
HLF.TO High Liner Foods Incorporated | -0.48% | -3.18% | 41.40% | -10.45% | -4.56% | 37.44% | 38.46% | 11.24% | -44.74% | -22.97% |
Correlation
The correlation between CHE-UN.TO and HLF.TO is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2001 | 0.12 |
The correlation between CHE-UN.TO and HLF.TO shifts across timeframes, from 0.08 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CHE-UN.TO:
CA$1.88B
HLF.TO:
CA$419.52M
CHE-UN.TO:
CA$1.02
HLF.TO:
CA$0.99
CHE-UN.TO:
16.36
HLF.TO:
14.59
CHE-UN.TO:
2.10
HLF.TO:
1.04
CHE-UN.TO:
0.93
HLF.TO:
0.39
CHE-UN.TO:
2.49
HLF.TO:
1.02
CHE-UN.TO:
CA$2.03B
HLF.TO:
CA$1.09B
CHE-UN.TO:
CA$452.05M
HLF.TO:
CA$206.83M
CHE-UN.TO:
CA$505.08M
HLF.TO:
CA$83.65M
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Return for Risk
CHE-UN.TO vs. HLF.TO — Risk / Return Rank
CHE-UN.TO
HLF.TO
CHE-UN.TO vs. HLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chemtrade Logistics Income Fund (CHE-UN.TO) and High Liner Foods Incorporated (HLF.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.
| CHE-UN.TO | HLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.37 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.90 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | -0.50 | +3.69 |
| Martin ratioReturn relative to average drawdown | 12.49 | -0.86 | +13.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHE-UN.TO | HLF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | -0.58 | +2.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.20 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.03 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.05 | +0.32 |
Drawdowns
CHE-UN.TO vs. HLF.TO - Drawdown Comparison
The maximum CHE-UN.TO drawdown since its inception was -77.56%, smaller than the maximum HLF.TO drawdown of -97.14%. Use the drawdown chart below to compare losses from any high point for CHE-UN.TO and HLF.TO.
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Drawdown Indicators
| CHE-UN.TO | HLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.56% | -97.14% | +19.58% |
Max Drawdown (1Y)Largest decline over 1 year | -18.36% | -29.71% | +11.35% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -29.96% | +3.86% |
Max Drawdown (5Y)Largest decline over 5 years | -28.06% | -34.69% | +6.63% |
Max Drawdown (10Y)Largest decline over 10 years | -77.56% | -76.96% | -0.60% |
Current DrawdownCurrent decline from peak | -8.92% | -22.59% | +13.67% |
Average DrawdownAverage peak-to-trough decline | -19.19% | -54.03% | +34.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.68% | 17.43% | -12.75% |
Volatility
CHE-UN.TO vs. HLF.TO - Volatility Comparison
Chemtrade Logistics Income Fund (CHE-UN.TO) has a higher volatility of 13.00% compared to High Liner Foods Incorporated (HLF.TO) at 4.92%. This indicates that CHE-UN.TO's price experiences larger fluctuations and is considered to be riskier than HLF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHE-UN.TO | HLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.00% | 4.92% | +8.08% |
Volatility (6M)Calculated over the trailing 6-month period | 29.66% | 13.16% | +16.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.73% | 25.60% | +7.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.04% | 28.36% | +0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.79% | 36.11% | -1.32% |
Dividends
CHE-UN.TO vs. HLF.TO - Dividend Comparison
CHE-UN.TO's dividend yield for the trailing twelve months is around 4.21%, less than HLF.TO's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHE-UN.TO Chemtrade Logistics Income Fund | 4.21% | 4.68% | 6.03% | 7.04% | 6.69% | 8.11% | 12.01% | 10.88% | 11.45% | 6.19% | 6.34% | 6.72% |
HLF.TO High Liner Foods Incorporated | 4.83% | 4.63% | 3.88% | 4.57% | 3.12% | 2.08% | 1.98% | 3.58% | 7.57% | 3.81% | 2.61% | 2.99% |
Financials
CHE-UN.TO vs. HLF.TO - Financials Comparison
This section allows you to compare key financial metrics between Chemtrade Logistics Income Fund and High Liner Foods Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CHE-UN.TO vs. HLF.TO - Profitability Comparison
CHE-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chemtrade Logistics Income Fund reported a gross profit of 96.10M and revenue of 503.00M. Therefore, the gross margin over that period was 19.1%.
HLF.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, High Liner Foods Incorporated reported a gross profit of 63.27M and revenue of 329.43M. Therefore, the gross margin over that period was 19.2%.
CHE-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chemtrade Logistics Income Fund reported an operating income of 55.70M and revenue of 503.00M, resulting in an operating margin of 11.1%.
HLF.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, High Liner Foods Incorporated reported an operating income of 21.33M and revenue of 329.43M, resulting in an operating margin of 6.5%.
CHE-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chemtrade Logistics Income Fund reported a net income of 25.40M and revenue of 503.00M, resulting in a net margin of 5.1%.
HLF.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, High Liner Foods Incorporated reported a net income of 7.83M and revenue of 329.43M, resulting in a net margin of 2.4%.
Frequently Asked Questions
CHE-UN.TO and HLF.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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