CP vs. CN

Last updated Apr 1, 2026

Compare and contrast key facts about Canadian Pacific Railway Limited (CP) and Xtrackers MSCI All China Equity ETF (CN).

CN is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI China All Shares. It was launched on Apr 30, 2014.

Performance

CP vs. CN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Pacific Railway Limited (CP) and Xtrackers MSCI All China Equity ETF (CN). The values are adjusted to include any dividend payments, if applicable.

CP vs. CN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CP Canadian Pacific Railway Limited	7.05%	2.60%	-7.84%	6.85%	4.71%	4.64%	37.33%	45.04%	-1.81%	29.32%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	-3.10%	-11.87%	-23.85%	-12.74%	31.55%	26.79%	-22.41%	43.69%

Returns By Period

CP

• 1D: 1.47%
• 1M: -10.01%
• YTD: 7.05%
• 6M: 6.06%
• 1Y: 13.01%
• 3Y*: 1.53%
• 5Y*: 1.25%
• 10Y*: 12.58%

CN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CP vs. CN — Risk / Return Rank

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

CP

CP Risk / Return Rank: 59
CP Sharpe Ratio Rank: 62
CP Sortino Ratio Rank: 57
CP Omega Ratio Rank: 53
CP Calmar Ratio Rank: 62
CP Martin Ratio Rank: 59

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.

CP vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Pacific Railway Limited (CP) and Xtrackers MSCI All China Equity ETF (CN). 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.

	CP	CN	Difference
Sharpe ratio Return per unit of total volatility	0.55	—	—
Sortino ratio Return per unit of downside risk	1.04	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	0.88	—	—
Martin ratio Return relative to average drawdown	1.76	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CP	CN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	—	—

Correlation

The correlation between CP and CN is 0.28, 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.

Dividends

CP vs. CN - Dividend Comparison

CP's dividend yield for the trailing twelve months is around 0.84%, while CN has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CP Canadian Pacific Railway Limited	0.84%	0.86%	0.76%	0.78%	0.96%	0.84%	0.76%	0.93%	1.07%	0.92%	0.98%	0.98%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%

Drawdowns

Drawdown Indicators

	CP	CN	Difference
Max Drawdown Largest peak-to-trough decline	-69.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.70%	—	—
Current Drawdown Current decline from peak	-12.42%	—	—
Average Drawdown Average peak-to-trough decline	-20.36%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.15%	—	—

Volatility

Volatility by Period

	CP	CN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.97%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.31%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.63%	—	—