COST.TO vs. FXAIX
COST.TO (Costco CDR (CAD Hedged)) is a stock, while FXAIX (Fidelity 500 Index Fund) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, COST.TO returned 18.94%/yr vs 23.30%/yr for FXAIX. At a 0.37 correlation, their price movements are largely independent.
Performance
COST.TO vs. FXAIX - Performance Comparison
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Different Trading Currencies
COST.TO is traded in CAD, while FXAIX is traded in USD. To make them comparable, the FXAIX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, COST.TO achieves a 8.81% return, which is significantly lower than FXAIX's 14.22% return.
COST.TO
- 1D
- 3.15%
- 1M
- -4.42%
- 6M
- -1.84%
- YTD
- 8.81%
- 1Y
- -2.17%
- 3Y*
- 18.94%
- 5Y*
- —
- 10Y*
- —
FXAIX
- 1D
- -0.31%
- 1M
- 1.32%
- 6M
- 10.99%
- YTD
- 14.22%
- 1Y
- 25.32%
- 3Y*
- 23.30%
- 5Y*
- 15.97%
- 10Y*
- 16.24%
COST.TO vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
COST.TO Costco CDR (CAD Hedged) | 8.81% | -7.82% | 37.46% | 47.35% | -11.77% |
FXAIX Fidelity 500 Index Fund | 14.22% | 12.46% | 35.60% | 23.29% | 2.26% |
Correlation
The correlation between COST.TO and FXAIX is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2022 | 0.37 |
The correlation between COST.TO and FXAIX shifts across timeframes, from -0.04 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
COST.TO vs. FXAIX — Risk / Return Rank
COST.TO
FXAIX
COST.TO vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Costco CDR (CAD Hedged) (COST.TO) and Fidelity 500 Index Fund (FXAIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COST.TO | FXAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.35 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 2.90 | -3.03 |
| Martin ratioReturn relative to average drawdown | -0.29 | 10.86 | -11.15 |
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Drawdowns
COST.TO vs. FXAIX - Drawdown Comparison
The maximum COST.TO drawdown since its inception was -22.42%, smaller than the maximum FXAIX drawdown of -27.78%. Use the drawdown chart below to compare losses from any high point for COST.TO and FXAIX.
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Drawdown Indicators
| COST.TO | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.42% | -27.78% | +5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.67% | -8.94% | -7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -22.42% | -19.39% | -3.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.78% | — |
Current DrawdownCurrent decline from peak | -14.41% | -0.81% | -13.60% |
Average DrawdownAverage peak-to-trough decline | -7.73% | -3.39% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.47% | 2.38% | +5.09% |
Volatility
COST.TO vs. FXAIX - Volatility Comparison
Costco CDR (CAD Hedged) (COST.TO) has a higher volatility of 7.09% compared to Fidelity 500 Index Fund (FXAIX) at 3.81%. This indicates that COST.TO's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COST.TO | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 3.81% | +3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.24% | 10.36% | +4.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.73% | 12.89% | +6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 17.96% | +3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.19% | 19.12% | +2.07% |
Dividends
COST.TO vs. FXAIX - Dividend Comparison
COST.TO's dividend yield for the trailing twelve months is around 0.57%, less than FXAIX's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST.TO Costco CDR (CAD Hedged) | 0.57% | 0.59% | 0.50% | 2.88% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.05% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Frequently Asked Questions
COST.TO and FXAIX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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