CU.TO vs. SLF
CU.TO (Canadian Utilities Limited) and SLF (Sun Life Financial Inc.) are both stocks. CU.TO operates in Utilities - Diversified (Utilities), while SLF operates in Insurance - Diversified (Financial Services). Over the past 10 years, CU.TO returned 8.34%/yr vs 14.15%/yr for SLF. At a 0.19 correlation, their price movements are largely independent.
Performance
CU.TO vs. SLF - Performance Comparison
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Different Trading Currencies
CU.TO is traded in CAD, while SLF is traded in USD. To make them comparable, the SLF values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CU.TO achieves a 23.51% return, which is significantly lower than SLF's 27.84% return. Over the past 10 years, CU.TO has underperformed SLF with an annualized return of 8.34%, while SLF has yielded a comparatively higher 14.15% annualized return.
CU.TO
- 1D
- 0.10%
- 1M
- 7.14%
- YTD
- 23.51%
- 6M
- 27.11%
- 1Y
- 41.81%
- 3Y*
- 19.57%
- 5Y*
- 13.22%
- 10Y*
- 8.34%
SLF
- 1D
- 1.24%
- 1M
- 9.54%
- YTD
- 27.84%
- 6M
- 31.27%
- 1Y
- 27.70%
- 3Y*
- 21.75%
- 5Y*
- 15.91%
- 10Y*
- 14.15%
CU.TO vs. SLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CU.TO Canadian Utilities Limited | 23.51% | 28.75% | 15.61% | -8.24% | 4.73% | 24.14% | -16.53% | 31.00% | -12.18% | 7.28% |
SLF Sun Life Financial Inc. | 27.84% | 4.72% | 29.60% | 14.97% | -7.37% | 29.65% | -0.86% | 36.81% | -9.34% | 3.65% |
Correlation
The correlation between CU.TO and SLF is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.19 |
The correlation between CU.TO and SLF shifts across timeframes, from 0.08 (1 year) to 0.23 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CU.TO:
CA$14.11B
SLF:
$30.85B
CU.TO:
CA$0.39
SLF:
CA$6.22
CU.TO:
131.64
SLF:
17.21
CU.TO:
3.82
SLF:
1.43
CU.TO:
2.82
SLF:
1.89
CU.TO:
CA$3.69B
SLF:
CA$39.40B
CU.TO:
CA$905.00M
SLF:
CA$20.48B
CU.TO:
CA$1.82B
SLF:
CA$4.74B
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Return for Risk
CU.TO vs. SLF — Risk / Return Rank
CU.TO
SLF
CU.TO vs. SLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Utilities Limited (CU.TO) and Sun Life Financial Inc. (SLF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CU.TO | SLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.24 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.84 | 1.77 | +4.06 |
| Martin ratioReturn relative to average drawdown | 20.12 | 4.29 | +15.83 |
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Drawdowns
CU.TO vs. SLF - Drawdown Comparison
The maximum CU.TO drawdown since its inception was -40.15%, smaller than the maximum SLF drawdown of -71.22%. Use the drawdown chart below to compare losses from any high point for CU.TO and SLF.
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Drawdown Indicators
| CU.TO | SLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.15% | -71.22% | +31.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -14.60% | +7.36% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -14.60% | -2.97% |
Max Drawdown (5Y)Largest decline over 5 years | -27.68% | -24.85% | -2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -40.15% | -46.41% | +6.26% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -14.15% | +4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 6.02% | -3.92% |
Volatility
CU.TO vs. SLF - Volatility Comparison
The current volatility for Canadian Utilities Limited (CU.TO) is 4.44%, while Sun Life Financial Inc. (SLF) has a volatility of 5.09%. This indicates that CU.TO experiences smaller price fluctuations and is considered to be less risky than SLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CU.TO | SLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 5.09% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 14.39% | -3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.20% | 20.74% | -7.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.54% | 20.35% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 23.53% | -5.11% |
Dividends
CU.TO vs. SLF - Dividend Comparison
CU.TO's dividend yield for the trailing twelve months is around 3.56%, more than SLF's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CU.TO Canadian Utilities Limited | 3.56% | 4.28% | 5.20% | 5.63% | 4.85% | 4.79% | 5.60% | 4.32% | 5.02% | 3.82% | 3.59% | 3.69% |
SLF Sun Life Financial Inc. | 3.47% | 4.03% | 4.00% | 4.98% | 4.59% | 3.32% | 3.69% | 3.47% | 4.71% | 3.17% | 3.98% | 4.64% |
Financials
CU.TO vs. SLF - Financials Comparison
This section allows you to compare key financial metrics between Canadian Utilities Limited and Sun Life Financial Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CU.TO vs. SLF - Profitability Comparison
CU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a gross profit of 474.00M and revenue of 1.08B. Therefore, the gross margin over that period was 43.7%.
SLF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a gross profit of 8.88B and revenue of 8.88B. Therefore, the gross margin over that period was 100.0%.
CU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported an operating income of 393.00M and revenue of 1.08B, resulting in an operating margin of 36.3%.
SLF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported an operating income of 633.63M and revenue of 8.88B, resulting in an operating margin of 7.1%.
CU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a net income of 224.00M and revenue of 1.08B, resulting in a net margin of 20.7%.
SLF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a net income of 537.39M and revenue of 8.88B, resulting in a net margin of 6.1%.
Frequently Asked Questions
CU.TO and SLF have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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