CHP-UN.TO vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Choice Properties Real Estate Investment Trust (CHP-UN.TO) and S&P 500 Index (^GSPC).

Performance

CHP-UN.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Choice Properties Real Estate Investment Trust (CHP-UN.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

CHP-UN.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHP-UN.TO Choice Properties Real Estate Investment Trust	6.93%	17.01%	1.12%	-0.12%	2.41%	23.04%	-1.63%	27.47%	-8.19%	4.58%
^GSPC S&P 500 Index	-2.73%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	1.71%	11.82%

Different Trading Currencies

CHP-UN.TO is traded in CAD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CHP-UN.TO achieves a 6.93% return, which is significantly higher than ^GSPC's -3.34% return. Over the past 10 years, CHP-UN.TO has underperformed ^GSPC with an annualized return of 7.94%, while ^GSPC has yielded a comparatively higher 12.91% annualized return.

CHP-UN.TO

• 1D: 1.82%
• 1M: -0.59%
• YTD: 6.93%
• 6M: 8.98%
• 1Y: 16.48%
• 3Y*: 8.24%
• 5Y*: 8.40%
• 10Y*: 7.94%

^GSPC

• 1D: 0.00%
• 1M: -3.51%
• YTD: -3.34%
• 6M: -2.91%
• 1Y: 12.69%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

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

Return for Risk

CHP-UN.TO vs. ^GSPC — Risk / Return Rank

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

CHP-UN.TO

CHP-UN.TO Risk / Return Rank: 76
CHP-UN.TO Sharpe Ratio Rank: 76
CHP-UN.TO Sortino Ratio Rank: 71
CHP-UN.TO Omega Ratio Rank: 65
CHP-UN.TO Calmar Ratio Rank: 84
CHP-UN.TO Martin Ratio Rank: 83

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

CHP-UN.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Choice Properties Real Estate Investment Trust (CHP-UN.TO) and S&P 500 Index (^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.

	CHP-UN.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.10	0.70	+0.40
Sortino ratio Return per unit of downside risk	1.68	1.07	+0.61
Omega ratio Gain probability vs. loss probability	1.19	1.17	+0.02
Calmar ratio Return relative to maximum drawdown	2.93	1.04	+1.88
Martin ratio Return relative to average drawdown	7.07	3.82	+3.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHP-UN.TO vs. ^GSPC - Sharpe Ratio Comparison

The current CHP-UN.TO Sharpe Ratio is 1.10, which is higher than the ^GSPC Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of CHP-UN.TO and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHP-UN.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	0.70	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.84	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.79	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.91	-0.35

Correlation

The correlation between CHP-UN.TO and ^GSPC is 0.23, 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.

Drawdowns

CHP-UN.TO vs. ^GSPC - Drawdown Comparison

The maximum CHP-UN.TO drawdown since its inception was -28.85%, roughly equal to the maximum ^GSPC drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for CHP-UN.TO and ^GSPC.

Drawdown Indicators

	CHP-UN.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-28.85%	-56.78%	+27.93%
Max Drawdown (1Y) Largest decline over 1 year	-6.17%	-12.14%	+5.97%
Max Drawdown (5Y) Largest decline over 5 years	-21.32%	-25.43%	+4.11%
Max Drawdown (10Y) Largest decline over 10 years	-28.85%	-33.92%	+5.07%
Current Drawdown Current decline from peak	-1.13%	-5.78%	+4.65%
Average Drawdown Average peak-to-trough decline	-5.41%	-10.75%	+5.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.60%	-0.05%

Volatility

CHP-UN.TO vs. ^GSPC - Volatility Comparison

The current volatility for Choice Properties Real Estate Investment Trust (CHP-UN.TO) is 4.90%, while S&P 500 Index (^GSPC) has a volatility of 5.22%. This indicates that CHP-UN.TO experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHP-UN.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	5.22%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	9.97%	9.60%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	18.11%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	14.99%	+1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.77%	16.33%	+1.44%