CSH-UN.TO vs. QQC-F.TO

Last updated Jul 14, 2026

CSH-UN.TO (Chartwell Retirement Residences) is a stock, while QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, CSH-UN.TO returned 8.95%/yr vs 19.59%/yr for QQC-F.TO. At a 0.25 correlation, their price movements are largely independent.

Performance

CSH-UN.TO vs. QQC-F.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Chartwell Retirement Residences (CSH-UN.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.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 QQC-F.TO's 14.50% return. Over the past 10 years, CSH-UN.TO has underperformed QQC-F.TO with an annualized return of 8.95%, while QQC-F.TO has yielded a comparatively higher 19.59% 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%

QQC-F.TO

• 1D: -1.79%
• 1M: -1.33%
• 6M: 12.14%
• YTD: 14.50%
• 1Y: 26.25%
• 3Y*: 22.12%
• 5Y*: 13.47%
• 10Y*: 19.59%

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

CSH-UN.TO vs. QQC-F.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%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	14.50%	18.79%	24.19%	52.81%	-33.42%	27.15%	45.04%	37.63%	-2.23%	31.94%

Correlation

The correlation between CSH-UN.TO and QQC-F.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jan 24, 2012	0.25

The correlation between CSH-UN.TO and QQC-F.TO shifts across timeframes, from 0.13 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CSH-UN.TO vs. QQC-F.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

QQC-F.TO

QQC-F.TO Risk / Return Rank: 51
QQC-F.TO Sharpe Ratio Rank: 52
QQC-F.TO Sortino Ratio Rank: 49
QQC-F.TO Omega Ratio Rank: 50
QQC-F.TO Calmar Ratio Rank: 51
QQC-F.TO Martin Ratio Rank: 52

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. QQC-F.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Retirement Residences (CSH-UN.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.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	QQC-F.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.43	-0.06
Sortino ratio: Return per unit of downside risk	2.09	1.96	+0.13
Omega ratio: Gain probability vs. loss probability	1.24	1.25	-0.01
Calmar ratio: Return relative to maximum drawdown	2.44	2.03	+0.41
Martin ratio: Return relative to average drawdown	7.04	7.11	-0.07

CSH-UN.TO vs. QQC-F.TO - Sharpe Ratio Comparison

The current CSH-UN.TO Sharpe Ratio is 1.37, which is comparable to the QQC-F.TO Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of CSH-UN.TO and QQC-F.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. QQC-F.TO - Drawdown Comparison

The maximum CSH-UN.TO drawdown since its inception was -79.53%, which is greater than QQC-F.TO's maximum drawdown of -36.03%. Use the drawdown chart below to compare losses from any high point for CSH-UN.TO and QQC-F.TO.

Drawdown Indicators

	CSH-UN.TO	QQC-F.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.53%	-36.03%	-43.50%
Max Drawdown (1Y) Largest decline over 1 year	-11.88%	-12.98%	+1.10%
Max Drawdown (3Y) Largest decline over 3 years	-11.88%	-22.76%	+10.88%
Max Drawdown (5Y) Largest decline over 5 years	-39.80%	-36.03%	-3.77%
Max Drawdown (10Y) Largest decline over 10 years	-55.16%	-36.03%	-19.13%
Current Drawdown Current decline from peak	-1.38%	-4.73%	+3.35%
Average Drawdown Average peak-to-trough decline	-16.90%	-5.48%	-11.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.11%	3.70%	+0.41%

Volatility

CSH-UN.TO vs. QQC-F.TO - Volatility Comparison

The current volatility for Chartwell Retirement Residences (CSH-UN.TO) is 4.93%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a volatility of 8.01%. This indicates that CSH-UN.TO experiences smaller price fluctuations and is considered to be less risky than QQC-F.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSH-UN.TO	QQC-F.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	8.01%	-3.08%
Volatility (6M) Calculated over the trailing 6-month period	16.01%	15.16%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	21.21%	18.46%	+2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	22.84%	-1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.31%	22.68%	+1.63%

Dividends

CSH-UN.TO vs. QQC-F.TO - Dividend Comparison

CSH-UN.TO's dividend yield for the trailing twelve months is around 2.68%, more than QQC-F.TO's 0.34% 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%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.34%	0.39%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%

Frequently Asked Questions

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

CSH-UN.TO and QQC-F.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.