COW.TO vs. NTR.TO
Compare and contrast key facts about iShares Global Agriculture Index ETF (COW.TO) and Nutrien Ltd. (NTR.TO).
COW.TO is a passively managed fund by iShares that tracks the performance of the Manulife Investment Management Global Agriculture Index. It was launched on Dec 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COW.TO or NTR.TO.
Key characteristics
| COW.TO | NTR.TO | |
|---|---|---|
| YTD Return | 2.34% | 3.04% |
| 1Y Return | 5.36% | -7.46% |
| 3Y Return (Ann) | -0.08% | 3.91% |
| 5Y Return (Ann) | 8.71% | 5.43% |
| Sharpe Ratio | 0.33 | -0.30 |
| Daily Std Dev | 13.87% | 28.31% |
| Max Drawdown | -55.00% | -51.88% |
| Current Drawdown | -21.84% | -43.92% |
Correlation
The correlation between COW.TO and NTR.TO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
COW.TO vs. NTR.TO - Performance Comparison
In the year-to-date period, COW.TO achieves a 2.34% return, which is significantly lower than NTR.TO's 3.04% 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
COW.TO vs. NTR.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Agriculture Index ETF (COW.TO) and Nutrien Ltd. (NTR.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.
Dividends
COW.TO vs. NTR.TO - Dividend Comparison
COW.TO's dividend yield for the trailing twelve months is around 1.58%, less than NTR.TO's 2.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COW.TO iShares Global Agriculture Index ETF | 1.58% | 1.62% | 2.03% | 0.69% | 1.02% | 1.02% | 1.07% | 0.58% | 1.10% | 1.78% | 0.97% | 1.45% |
NTR.TO Nutrien Ltd. | 2.80% | 2.84% | 2.61% | 2.55% | 2.94% | 2.83% | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
COW.TO vs. NTR.TO - Drawdown Comparison
The maximum COW.TO drawdown since its inception was -55.00%, which is greater than NTR.TO's maximum drawdown of -51.88%. Use the drawdown chart below to compare losses from any high point for COW.TO and NTR.TO. For additional features, visit the drawdowns tool.
Volatility
COW.TO vs. NTR.TO - Volatility Comparison
The current volatility for iShares Global Agriculture Index ETF (COW.TO) is 3.96%, while Nutrien Ltd. (NTR.TO) has a volatility of 7.14%. This indicates that COW.TO experiences smaller price fluctuations and is considered to be less risky than NTR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.