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CLU.NEO vs. ABIG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CLU.NEO vs. ABIG - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) and Argent Large Cap ETF (ABIG). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CLU.NEO is traded in CAD, while ABIG is traded in USD. To make them comparable, the ABIG values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with CLU.NEO having a 8.69% return and ABIG slightly lower at 8.68%.


CLU.NEO

1D
-0.17%
1M
1.57%
YTD
8.69%
6M
10.48%
1Y
24.65%
3Y*
16.95%
5Y*
9.30%
10Y*
11.02%

ABIG

1D
0.80%
1M
6.46%
YTD
8.68%
6M
5.97%
1Y
21.01%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CLU.NEO vs. ABIG - Yearly Performance Comparison


Correlation

The correlation between CLU.NEO and ABIG is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Apr 10, 2025

0.46

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Return for Risk

CLU.NEO vs. ABIG — Risk / Return Rank

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

CLU.NEO
CLU.NEO Risk / Return Rank: 8181
Overall Rank
CLU.NEO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
CLU.NEO Sortino Ratio Rank: 8585
Sortino Ratio Rank
CLU.NEO Omega Ratio Rank: 8888
Omega Ratio Rank
CLU.NEO Calmar Ratio Rank: 7777
Calmar Ratio Rank
CLU.NEO Martin Ratio Rank: 7878
Martin Ratio Rank

ABIG
ABIG Risk / Return Rank: 3737
Overall Rank
ABIG Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
ABIG Sortino Ratio Rank: 4141
Sortino Ratio Rank
ABIG Omega Ratio Rank: 4040
Omega Ratio Rank
ABIG Calmar Ratio Rank: 2929
Calmar Ratio Rank
ABIG Martin Ratio Rank: 3434
Martin Ratio Rank
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.

CLU.NEO vs. ABIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) and Argent Large Cap ETF (ABIG). 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.


CLU.NEOABIGDifference
Sharpe ratioReturn per unit of total volatility

+0.87

Sortino ratioReturn per unit of downside risk

+1.53

Omega ratioGain probability vs. loss probability

1.54

1.30

+0.24

Calmar ratioReturn relative to maximum drawdown

3.86

1.57

+2.29

Martin ratioReturn relative to average drawdown

14.84

4.93

+9.91

CLU.NEO vs. ABIG - Sharpe Ratio Comparison

The current CLU.NEO Sharpe Ratio is 2.50, which is higher than the ABIG Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of CLU.NEO and ABIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


CLU.NEOABIGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.50

1.63

+0.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

1.39

-0.78

Drawdowns

CLU.NEO vs. ABIG - Drawdown Comparison

The maximum CLU.NEO drawdown since its inception was -39.93%, which is greater than ABIG's maximum drawdown of -13.46%. Use the drawdown chart below to compare losses from any high point for CLU.NEO and ABIG.


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Drawdown Indicators


CLU.NEOABIGDifference

Max Drawdown

Largest peak-to-trough decline

-39.93%

-13.46%

-26.47%

Max Drawdown (1Y)

Largest decline over 1 year

-6.55%

-13.46%

+6.91%

Max Drawdown (3Y)

Largest decline over 3 years

-16.57%

Max Drawdown (5Y)

Largest decline over 5 years

-20.66%

Max Drawdown (10Y)

Largest decline over 10 years

-39.93%

Current Drawdown

Current decline from peak

-0.70%

-0.14%

-0.56%

Average Drawdown

Average peak-to-trough decline

-4.74%

-2.78%

-1.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.70%

4.27%

-2.57%

Volatility

CLU.NEO vs. ABIG - Volatility Comparison

The current volatility for iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) is 2.30%, while Argent Large Cap ETF (ABIG) has a volatility of 3.32%. This indicates that CLU.NEO experiences smaller price fluctuations and is considered to be less risky than ABIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CLU.NEOABIGDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.30%

3.32%

-1.02%

Volatility (6M)

Calculated over the trailing 6-month period

7.24%

9.95%

-2.71%

Volatility (1Y)

Calculated over the trailing 1-year period

10.11%

12.96%

-2.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.54%

14.76%

-0.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.08%

14.76%

+3.32%

CLU.NEO vs. ABIG - Expense Ratio Comparison

CLU.NEO has a 0.72% expense ratio, which is higher than ABIG's 0.49% expense ratio.


Dividends

CLU.NEO vs. ABIG - Dividend Comparison

CLU.NEO's dividend yield for the trailing twelve months is around 1.20%, more than ABIG's 0.09% yield.


PositionTTM20252024202320222021202020192018201720162015
ABIG
Argent Large Cap ETF
0.09%0.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CLU.NEO
iShares US Fundamental Index ETF (CAD-Hedged) Common Class
1.20%1.31%1.32%1.35%1.63%1.19%1.66%1.46%1.77%1.46%1.63%1.87%

Frequently Asked Questions


CLU.NEO and ABIG have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ABIG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ABIG is cheaper with a 0.49% expense ratio, compared with 0.72% for CLU.NEO.

They also come from different issuers: iShares and Argent. Their fees differ too: 0.72% for CLU.NEO and 0.49% for ABIG.

Portfolio Optimizer

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