CSIQ vs. TLT
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 20+ Year Bond Index. It was launched on Jul 22, 2002.
Performance
CSIQ vs. TLT - Performance Comparison
Loading graphics...
CSIQ vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSIQ Canadian Solar Inc. | -41.73% | 113.76% | -57.61% | -15.11% | -1.25% | -38.93% | 131.86% | 54.11% | -14.95% | 38.42% |
TLT iShares 20+ Year Treasury Bond ETF | 0.17% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
Returns By Period
In the year-to-date period, CSIQ achieves a -41.73% return, which is significantly lower than TLT's 0.17% return. Over the past 10 years, CSIQ has underperformed TLT with an annualized return of -3.12%, while TLT has yielded a comparatively higher -1.38% annualized return.
CSIQ
- 1D
- 6.70%
- 1M
- -21.80%
- YTD
- -41.73%
- 6M
- 6.21%
- 1Y
- 60.12%
- 3Y*
- -29.67%
- 5Y*
- -22.17%
- 10Y*
- -3.12%
TLT
- 1D
- -0.10%
- 1M
- -4.23%
- YTD
- 0.17%
- 6M
- -0.87%
- 1Y
- -0.49%
- 3Y*
- -2.78%
- 5Y*
- -5.85%
- 10Y*
- -1.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSIQ vs. TLT — Risk / Return Rank
CSIQ
TLT
CSIQ vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
| CSIQ | TLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | -0.04 | +0.65 |
Sortino ratioReturn per unit of downside risk | 1.43 | 0.02 | +1.41 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.00 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 0.82 | 0.05 | +0.76 |
Martin ratioReturn relative to average drawdown | 1.93 | 0.11 | +1.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CSIQ | TLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | -0.04 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | -0.37 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.05 | -0.09 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.26 | -0.27 |
Correlation
The correlation between CSIQ and TLT is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
CSIQ vs. TLT - Dividend Comparison
CSIQ has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.49%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSIQ Canadian Solar Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.49% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Drawdowns
CSIQ vs. TLT - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for CSIQ and TLT.
Loading graphics...
Drawdown Indicators
| CSIQ | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.02% | -48.35% | -47.67% |
Max Drawdown (1Y)Largest decline over 1 year | -61.35% | -9.23% | -52.12% |
Max Drawdown (5Y)Largest decline over 5 years | -86.06% | -43.70% | -42.36% |
Max Drawdown (10Y)Largest decline over 10 years | -89.46% | -48.35% | -41.11% |
Current DrawdownCurrent decline from peak | -78.41% | -40.17% | -38.24% |
Average DrawdownAverage peak-to-trough decline | -60.96% | -13.62% | -47.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.90% | 4.38% | +21.52% |
Volatility
CSIQ vs. TLT - Volatility Comparison
Canadian Solar Inc. (CSIQ) has a higher volatility of 36.84% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 3.71%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CSIQ | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.84% | 3.71% | +33.13% |
Volatility (6M)Calculated over the trailing 6-month period | 78.87% | 6.61% | +72.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.99% | 11.44% | +88.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.47% | 15.90% | +54.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.91% | 14.93% | +47.98% |