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CSIQ vs. USO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CSIQ and USO is 0.23, 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.


-0.50.00.51.00.2

Performance

CSIQ vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Solar Inc. (CSIQ) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%AugustSeptemberOctoberNovemberDecember2025
-21.02%
-3.95%
CSIQ
USO

Key characteristics

Sharpe Ratio

CSIQ:

-0.64

USO:

0.62

Sortino Ratio

CSIQ:

-0.70

USO:

1.02

Omega Ratio

CSIQ:

0.92

USO:

1.12

Calmar Ratio

CSIQ:

-0.57

USO:

0.18

Martin Ratio

CSIQ:

-1.30

USO:

1.93

Ulcer Index

CSIQ:

36.36%

USO:

8.52%

Daily Std Dev

CSIQ:

74.45%

USO:

26.27%

Max Drawdown

CSIQ:

-96.02%

USO:

-98.19%

Current Drawdown

CSIQ:

-80.14%

USO:

-91.78%

Returns By Period

In the year-to-date period, CSIQ achieves a 14.57% return, which is significantly higher than USO's 2.32% return. Over the past 10 years, CSIQ has outperformed USO with an annualized return of -5.71%, while USO has yielded a comparatively lower -6.19% annualized return.


CSIQ

YTD

14.57%

1M

1.68%

6M

-21.02%

1Y

-47.67%

5Y*

-10.82%

10Y*

-5.71%

USO

YTD

2.32%

1M

8.61%

6M

-3.95%

1Y

14.71%

5Y*

-4.90%

10Y*

-6.19%

*Annualized

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Risk-Adjusted Performance

CSIQ vs. USO — Risk-Adjusted Performance Rank

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

CSIQ
The Risk-Adjusted Performance Rank of CSIQ is 1515
Overall Rank
The Sharpe Ratio Rank of CSIQ is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of CSIQ is 1717
Sortino Ratio Rank
The Omega Ratio Rank of CSIQ is 1919
Omega Ratio Rank
The Calmar Ratio Rank of CSIQ is 1414
Calmar Ratio Rank
The Martin Ratio Rank of CSIQ is 1212
Martin Ratio Rank

USO
The Risk-Adjusted Performance Rank of USO is 2929
Overall Rank
The Sharpe Ratio Rank of USO is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of USO is 3434
Sortino Ratio Rank
The Omega Ratio Rank of USO is 3232
Omega Ratio Rank
The Calmar Ratio Rank of USO is 1818
Calmar Ratio Rank
The Martin Ratio Rank of USO is 2929
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CSIQ vs. USO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and United States Oil Fund LP (USO). 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.


The chart of Sharpe ratio for CSIQ, currently valued at -0.64, compared to the broader market-4.00-2.000.002.00-0.640.62
The chart of Sortino ratio for CSIQ, currently valued at -0.70, compared to the broader market-4.00-2.000.002.004.00-0.701.02
The chart of Omega ratio for CSIQ, currently valued at 0.92, compared to the broader market0.501.001.502.000.921.12
The chart of Calmar ratio for CSIQ, currently valued at -0.57, compared to the broader market0.002.004.006.00-0.570.18
The chart of Martin ratio for CSIQ, currently valued at -1.30, compared to the broader market-10.000.0010.0020.00-1.301.93
CSIQ
USO

The current CSIQ Sharpe Ratio is -0.64, which is lower than the USO Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of CSIQ and USO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AugustSeptemberOctoberNovemberDecember2025
-0.64
0.62
CSIQ
USO

Dividends

CSIQ vs. USO - Dividend Comparison

Neither CSIQ nor USO has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CSIQ vs. USO - Drawdown Comparison

The maximum CSIQ drawdown since its inception was -96.02%, roughly equal to the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for CSIQ and USO. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%AugustSeptemberOctoberNovemberDecember2025
-80.14%
-91.78%
CSIQ
USO

Volatility

CSIQ vs. USO - Volatility Comparison

Canadian Solar Inc. (CSIQ) has a higher volatility of 18.85% compared to United States Oil Fund LP (USO) at 4.69%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%AugustSeptemberOctoberNovemberDecember2025
18.85%
4.69%
CSIQ
USO