CSH-UN.TO vs. DLR.TO

Last updated Jul 14, 2026

CSH-UN.TO (Chartwell Retirement Residences) is a stock, while DLR.TO (Global X U.S. Dollar Currency ETF) is Currency fund actively managed by Global X. Over the past 10 years, CSH-UN.TO returned 8.95%/yr vs 2.47%/yr for DLR.TO. At a correlation of -0.13, they often move in opposite directions.

Performance

CSH-UN.TO vs. DLR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Chartwell Retirement Residences (CSH-UN.TO) and Global X U.S. Dollar Currency ETF (DLR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSH-UN.TO achieves a 15.89% return, which is significantly higher than DLR.TO's 4.60% return. Over the past 10 years, CSH-UN.TO has outperformed DLR.TO with an annualized return of 8.95%, while DLR.TO has yielded a comparatively lower 2.47% annualized return.

CSH-UN.TO

• 1D: -0.26%
• 1M: 11.02%
• 6M: 13.85%
• YTD: 15.89%
• 1Y: 28.88%
• 3Y*: 38.87%
• 5Y*: 16.77%
• 10Y*: 8.95%

DLR.TO

• 1D: 0.07%
• 1M: 1.45%
• 6M: 3.41%
• YTD: 4.60%
• 1Y: 6.59%
• 3Y*: 5.96%
• 5Y*: 5.33%
• 10Y*: 2.47%

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

CSH-UN.TO vs. DLR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSH-UN.TO Chartwell Retirement Residences	15.89%	37.84%	34.64%	47.82%	-24.26%	11.10%	-14.52%	5.88%	-12.56%	15.19%
DLR.TO Global X U.S. Dollar Currency ETF	4.60%	-1.34%	12.85%	1.81%	8.33%	-0.93%	-2.21%	-3.68%	9.77%	-6.51%

Correlation

The correlation between CSH-UN.TO and DLR.TO is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (5Y) Calculated over the trailing 5-year period	-0.18
Correlation (10Y) Calculated over the trailing 10-year period	-0.19
Correlation (All Time) Calculated using the full available price history since Apr 7, 2011	-0.13

The correlation between CSH-UN.TO and DLR.TO shifts across timeframes, from -0.19 (10 years) to 0.05 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CSH-UN.TO vs. DLR.TO — Risk / Return Rank

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

CSH-UN.TO

CSH-UN.TO Risk / Return Rank: 82
CSH-UN.TO Sharpe Ratio Rank: 83
CSH-UN.TO Sortino Ratio Rank: 82
CSH-UN.TO Omega Ratio Rank: 77
CSH-UN.TO Calmar Ratio Rank: 83
CSH-UN.TO Martin Ratio Rank: 85

DLR.TO

DLR.TO Risk / Return Rank: 51
DLR.TO Sharpe Ratio Rank: 59
DLR.TO Sortino Ratio Rank: 58
DLR.TO Omega Ratio Rank: 60
DLR.TO Calmar Ratio Rank: 41
DLR.TO Martin Ratio Rank: 36

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.

CSH-UN.TO vs. DLR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Retirement Residences (CSH-UN.TO) and Global X U.S. Dollar Currency ETF (DLR.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.

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.

	CSH-UN.TO	DLR.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.56	-0.19
Sortino ratio: Return per unit of downside risk	2.09	2.22	-0.12
Omega ratio: Gain probability vs. loss probability	1.24	1.29	-0.05
Calmar ratio: Return relative to maximum drawdown	2.44	1.68	+0.76
Martin ratio: Return relative to average drawdown	7.04	4.44	+2.60

CSH-UN.TO vs. DLR.TO - Sharpe Ratio Comparison

The current CSH-UN.TO Sharpe Ratio is 1.37, which is comparable to the DLR.TO Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of CSH-UN.TO and DLR.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.

Drawdowns

CSH-UN.TO vs. DLR.TO - Drawdown Comparison

The maximum CSH-UN.TO drawdown since its inception was -79.53%, which is greater than DLR.TO's maximum drawdown of -17.60%. Use the drawdown chart below to compare losses from any high point for CSH-UN.TO and DLR.TO.

Drawdown Indicators

	CSH-UN.TO	DLR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.53%	-17.60%	-61.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.88%	-3.94%	-7.94%
Max Drawdown (3Y) Largest decline over 3 years	-11.88%	-5.77%	-6.11%
Max Drawdown (5Y) Largest decline over 5 years	-39.80%	-5.77%	-34.03%
Max Drawdown (10Y) Largest decline over 10 years	-55.16%	-17.60%	-37.56%
Current Drawdown Current decline from peak	-1.38%	-0.37%	-1.01%
Average Drawdown Average peak-to-trough decline	-16.90%	-6.41%	-10.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.11%	1.49%	+2.62%

Volatility

CSH-UN.TO vs. DLR.TO - Volatility Comparison

Chartwell Retirement Residences (CSH-UN.TO) has a higher volatility of 4.93% compared to Global X U.S. Dollar Currency ETF (DLR.TO) at 1.05%. This indicates that CSH-UN.TO's price experiences larger fluctuations and is considered to be riskier than DLR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSH-UN.TO	DLR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	1.05%	+3.88%
Volatility (6M) Calculated over the trailing 6-month period	16.01%	3.11%	+12.90%
Volatility (1Y) Calculated over the trailing 1-year period	21.21%	4.24%	+16.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	6.22%	+15.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.31%	6.57%	+17.74%

Dividends

CSH-UN.TO vs. DLR.TO - Dividend Comparison

CSH-UN.TO's dividend yield for the trailing twelve months is around 2.68%, less than DLR.TO's 3.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSH-UN.TO Chartwell Retirement Residences	2.68%	3.04%	4.06%	5.22%	7.25%	5.18%	5.45%	4.30%	4.29%	3.52%	3.78%	4.32%
DLR.TO Global X U.S. Dollar Currency ETF	3.88%	3.33%	3.23%	4.98%	0.00%	0.00%	0.00%	0.57%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CSH-UN.TO and DLR.TO in my portfolio?

CSH-UN.TO and DLR.TO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.