CSU.TO vs. CBIL.TO
CSU.TO (Constellation Software Inc.) is a stock, while CBIL.TO (Global X 0-3 Month T-Bill ETF) is Canadian Government Bonds fund actively managed by Global X. Over the past 3 years, CSU.TO returned -0.15%/yr vs 3.63%/yr for CBIL.TO. At a 0.05 correlation, their price movements are largely independent.
Performance
CSU.TO vs. CBIL.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSU.TO achieves a -16.65% return, which is significantly lower than CBIL.TO's 0.85% return.
CSU.TO
- 1D
- -4.67%
- 1M
- 11.30%
- YTD
- -16.65%
- 6M
- -16.41%
- 1Y
- -44.30%
- 3Y*
- -0.15%
- 5Y*
- 9.94%
- 10Y*
- 19.78%
CBIL.TO
- 1D
- 0.02%
- 1M
- 0.20%
- YTD
- 0.85%
- 6M
- 1.08%
- 1Y
- 2.34%
- 3Y*
- 3.63%
- 5Y*
- —
- 10Y*
- —
CSU.TO vs. CBIL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CSU.TO Constellation Software Inc. | -16.65% | -25.63% | 35.48% | 23.94% |
CBIL.TO Global X 0-3 Month T-Bill ETF | 0.85% | 2.68% | 4.47% | 3.36% |
Correlation
The correlation between CSU.TO and CBIL.TO is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.05 |
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
CSU.TO vs. CBIL.TO — Risk / Return Rank
CSU.TO
CBIL.TO
CSU.TO vs. CBIL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Software Inc. (CSU.TO) and Global X 0-3 Month T-Bill ETF (CBIL.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.
| CSU.TO | CBIL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.57 | ||
| Sortino ratioReturn per unit of downside risk | -25.24 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 5.38 | -4.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 58.74 | -59.54 |
| Martin ratioReturn relative to average drawdown | -1.25 | 339.60 | -340.86 |
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 charts...
Sharpe Ratios by Period
| CSU.TO | CBIL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.10 | 9.47 | -10.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.18 | 11.64 | -10.45 |
Drawdowns
CSU.TO vs. CBIL.TO - Drawdown Comparison
The maximum CSU.TO drawdown since its inception was -56.38%, which is greater than CBIL.TO's maximum drawdown of -0.06%. Use the drawdown chart below to compare losses from any high point for CSU.TO and CBIL.TO.
Loading charts...
Drawdown Indicators
| CSU.TO | CBIL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.38% | -0.06% | -56.32% |
Max Drawdown (1Y)Largest decline over 1 year | -55.16% | -0.04% | -55.12% |
Max Drawdown (3Y)Largest decline over 3 years | -56.38% | -0.06% | -56.32% |
Max Drawdown (5Y)Largest decline over 5 years | -56.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.38% | — | — |
Current DrawdownCurrent decline from peak | -46.84% | 0.00% | -46.84% |
Average DrawdownAverage peak-to-trough decline | -6.84% | -0.00% | -6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.35% | 0.01% | +35.34% |
Volatility
CSU.TO vs. CBIL.TO - Volatility Comparison
Constellation Software Inc. (CSU.TO) has a higher volatility of 14.72% compared to Global X 0-3 Month T-Bill ETF (CBIL.TO) at 0.08%. This indicates that CSU.TO's price experiences larger fluctuations and is considered to be riskier than CBIL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSU.TO | CBIL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.72% | 0.08% | +14.64% |
Volatility (6M)Calculated over the trailing 6-month period | 32.67% | 0.19% | +32.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.26% | 0.25% | +40.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.20% | 0.31% | +27.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.25% | 0.31% | +26.94% |
Dividends
CSU.TO vs. CBIL.TO - Dividend Comparison
CSU.TO's dividend yield for the trailing twelve months is around 0.20%, less than CBIL.TO's 2.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBIL.TO Global X 0-3 Month T-Bill ETF | 2.29% | 2.59% | 4.38% | 3.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CSU.TO Constellation Software Inc. | 0.20% | 0.17% | 0.12% | 0.16% | 0.25% | 0.21% | 0.30% | 2.53% | 0.60% | 0.68% | 0.86% | 0.90% |
Frequently Asked Questions
CSU.TO and CBIL.TO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CSU.TO and CBIL.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer