CNR.TO vs. HISU-U.TO

Last updated Jun 5, 2026

CNR.TO (Canadian National Railway Company) is a stock, while HISU-U.TO (Evolve US High Interest Savings Account Fund) is Money Market fund actively managed by Evolve. Over the past 3 years, CNR.TO returned 4.22%/yr vs 4.56%/yr for HISU-U.TO. At a correlation of -0.21, they often move in opposite directions.

Performance

CNR.TO vs. HISU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canadian National Railway Company (CNR.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CNR.TO is traded in CAD, while HISU-U.TO is traded in USD. To make them comparable, the HISU-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CNR.TO achieves a 23.20% return, which is significantly higher than HISU-U.TO's 2.44% return.

CNR.TO

• 1D: 0.14%
• 1M: 10.90%
• YTD: 23.20%
• 6M: 22.39%
• 1Y: 17.48%
• 3Y*: 4.22%
• 5Y*: 6.30%
• 10Y*: 10.02%

HISU-U.TO

• 1D: 0.11%
• 1M: 2.34%
• YTD: 2.44%
• 6M: 0.91%
• 1Y: 4.50%
• 3Y*: 4.56%
• 5Y*: —
• 10Y*: —

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

CNR.TO vs. HISU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CNR.TO Canadian National Railway Company	23.20%	-4.60%	-10.53%	5.67%	4.06%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.44%	-1.75%	12.72%	1.60%	4.39%

Correlation

The correlation between CNR.TO and HISU-U.TO is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022	-0.21

Return for Risk

CNR.TO vs. HISU-U.TO — Risk / Return Rank

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

CNR.TO

CNR.TO Risk / Return Rank: 64
CNR.TO Sharpe Ratio Rank: 68
CNR.TO Sortino Ratio Rank: 59
CNR.TO Omega Ratio Rank: 60
CNR.TO Calmar Ratio Rank: 68
CNR.TO Martin Ratio Rank: 65

HISU-U.TO

HISU-U.TO Risk / Return Rank: 99
HISU-U.TO Sharpe Ratio Rank: 99
HISU-U.TO Sortino Ratio Rank: 99
HISU-U.TO Omega Ratio Rank: 99
HISU-U.TO Calmar Ratio Rank: 99
HISU-U.TO Martin Ratio Rank: 99

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.

CNR.TO vs. HISU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian National Railway Company (CNR.TO) and Evolve US High Interest Savings Account Fund (HISU-U.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.

	CNR.TO	HISU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.83	0.99	-0.16
Sortino ratio: Return per unit of downside risk	1.20	1.37	-0.17
Omega ratio: Gain probability vs. loss probability	1.16	1.18	-0.02
Calmar ratio: Return relative to maximum drawdown	1.43	1.13	+0.30
Martin ratio: Return relative to average drawdown	2.74	2.94	-0.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNR.TO vs. HISU-U.TO - Sharpe Ratio Comparison

The current CNR.TO Sharpe Ratio is 0.83, which is comparable to the HISU-U.TO Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of CNR.TO and HISU-U.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.

Sharpe Ratios by Period

	CNR.TO	HISU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	0.99	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	0.85	-1.34

Drawdowns

CNR.TO vs. HISU-U.TO - Drawdown Comparison

The maximum CNR.TO drawdown since its inception was -99.99%, which is greater than HISU-U.TO's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for CNR.TO and HISU-U.TO.

Drawdown Indicators

	CNR.TO	HISU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-5.49%	-94.50%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-4.01%	-8.31%
Max Drawdown (3Y) Largest decline over 3 years	-27.25%	-5.49%	-21.76%
Max Drawdown (5Y) Largest decline over 5 years	-27.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.25%	—	—
Current Drawdown Current decline from peak	-99.61%	-0.58%	-99.03%
Average Drawdown Average peak-to-trough decline	-96.74%	-1.78%	-94.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.39%	1.54%	+4.85%

Volatility

CNR.TO vs. HISU-U.TO - Volatility Comparison

Canadian National Railway Company (CNR.TO) has a higher volatility of 4.37% compared to Evolve US High Interest Savings Account Fund (HISU-U.TO) at 0.86%. This indicates that CNR.TO's price experiences larger fluctuations and is considered to be riskier than HISU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNR.TO	HISU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	0.86%	+3.51%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	3.45%	+13.60%
Volatility (1Y) Calculated over the trailing 1-year period	21.12%	4.59%	+16.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.12%	5.94%	+14.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.76%	5.94%	+14.82%

Dividends

CNR.TO vs. HISU-U.TO - Dividend Comparison

CNR.TO's dividend yield for the trailing twelve months is around 2.15%, less than HISU-U.TO's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNR.TO Canadian National Railway Company	2.15%	2.62%	2.32%	1.90%	1.82%	1.58%	1.64%	1.83%	1.80%	1.59%	1.66%	1.62%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.74%	2.93%	3.70%	3.85%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CNR.TO and HISU-U.TO in my portfolio?

CNR.TO and HISU-U.TO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.