CTC.TO vs. ^TNX
Compare and contrast key facts about Canadian Tire Corporation, Limited (CTC.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTC.TO or ^TNX.
Key characteristics
| CTC.TO | ^TNX | |
|---|---|---|
| YTD Return | -16.80% | 18.24% |
| 1Y Return | -23.90% | 34.32% |
| 3Y Return (Ann) | 2.50% | 41.82% |
| 5Y Return (Ann) | 5.29% | 12.58% |
| 10Y Return (Ann) | 12.97% | 5.78% |
| Sharpe Ratio | -0.39 | 1.29 |
| Daily Std Dev | 68.33% | 25.50% |
| Max Drawdown | -85.05% | -93.78% |
| Current Drawdown | -43.19% | -43.03% |
Correlation
The correlation between CTC.TO and ^TNX is 0.04, 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
CTC.TO vs. ^TNX - Performance Comparison
In the year-to-date period, CTC.TO achieves a -16.80% return, which is significantly lower than ^TNX's 18.24% return. Over the past 10 years, CTC.TO has outperformed ^TNX with an annualized return of 12.97%, while ^TNX has yielded a comparatively lower 5.78% 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
CTC.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Tire Corporation, Limited (CTC.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
CTC.TO vs. ^TNX - Drawdown Comparison
The maximum CTC.TO drawdown since its inception was -85.05%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for CTC.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
CTC.TO vs. ^TNX - Volatility Comparison
Canadian Tire Corporation, Limited (CTC.TO) has a higher volatility of 26.17% compared to Treasury Yield 10 Years (^TNX) at 7.40%. This indicates that CTC.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.