CNQ.TO vs. CSPX.L
Compare and contrast key facts about Canadian Natural Resources Limited (CNQ.TO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNQ.TO or CSPX.L.
Key characteristics
| CNQ.TO | CSPX.L | |
|---|---|---|
| YTD Return | 22.13% | 11.15% |
| 1Y Return | 44.98% | 28.36% |
| 3Y Return (Ann) | 43.05% | 9.81% |
| 5Y Return (Ann) | 30.59% | 14.51% |
| 10Y Return (Ann) | 14.10% | 12.60% |
| Sharpe Ratio | 1.82 | 2.46 |
| Daily Std Dev | 25.03% | 11.42% |
| Max Drawdown | -76.20% | -33.90% |
| Current Drawdown | -6.85% | -0.50% |
Correlation
The correlation between CNQ.TO and CSPX.L is 0.29, 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.
Performance
CNQ.TO vs. CSPX.L - Performance Comparison
In the year-to-date period, CNQ.TO achieves a 22.13% return, which is significantly higher than CSPX.L's 11.15% return. Over the past 10 years, CNQ.TO has outperformed CSPX.L with an annualized return of 14.10%, while CSPX.L has yielded a comparatively lower 12.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CNQ.TO vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Natural Resources Limited (CNQ.TO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L). 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.
Dividends
CNQ.TO vs. CSPX.L - Dividend Comparison
CNQ.TO's dividend yield for the trailing twelve months is around 3.67%, while CSPX.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ.TO Canadian Natural Resources Limited | 3.67% | 4.26% | 6.08% | 3.66% | 5.44% | 3.50% | 3.98% | 2.40% | 2.15% | 3.02% | 2.49% | 1.59% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CNQ.TO vs. CSPX.L - Drawdown Comparison
The maximum CNQ.TO drawdown since its inception was -76.20%, which is greater than CSPX.L's maximum drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for CNQ.TO and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
CNQ.TO vs. CSPX.L - Volatility Comparison
Canadian Natural Resources Limited (CNQ.TO) has a higher volatility of 4.97% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 4.12%. This indicates that CNQ.TO's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.