CSU.TO vs. SPY
Compare and contrast key facts about Constellation Software Inc. (CSU.TO) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSU.TO or SPY.
Key characteristics
| CSU.TO | SPY | |
|---|---|---|
| YTD Return | 10.13% | 5.60% |
| 1Y Return | 32.61% | 23.55% |
| 3Y Return (Ann) | 27.40% | 7.83% |
| 5Y Return (Ann) | 28.27% | 13.05% |
| 10Y Return (Ann) | 32.49% | 12.30% |
| Sharpe Ratio | 1.56 | 1.91 |
| Daily Std Dev | 22.11% | 11.63% |
| Max Drawdown | -25.95% | -55.19% |
| Current Drawdown | -6.10% | -4.36% |
Correlation
The correlation between CSU.TO and SPY is 0.39, 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.
Performance
CSU.TO vs. SPY - Performance Comparison
In the year-to-date period, CSU.TO achieves a 10.13% return, which is significantly higher than SPY's 5.60% return. Over the past 10 years, CSU.TO has outperformed SPY with an annualized return of 32.49%, while SPY has yielded a comparatively lower 12.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CSU.TO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Software Inc. (CSU.TO) and SPDR S&P 500 ETF (SPY). 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.
Dividends
CSU.TO vs. SPY - Dividend Comparison
CSU.TO's dividend yield for the trailing twelve months is around 0.11%, less than SPY's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSU.TO Constellation Software Inc. | 0.11% | 0.12% | 0.19% | 0.25% | 2.84% | 31.30% | 7.53% | 8.63% | 10.78% | 19,020.03% | 19.05% | 29.24% |
SPY SPDR S&P 500 ETF | 1.34% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CSU.TO vs. SPY - Drawdown Comparison
The maximum CSU.TO drawdown since its inception was -25.95%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CSU.TO and SPY. For additional features, visit the drawdowns tool.
Volatility
CSU.TO vs. SPY - Volatility Comparison
Constellation Software Inc. (CSU.TO) has a higher volatility of 7.45% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that CSU.TO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.