DBM.TO vs. ^TNX

Last updated Jun 6, 2026

DBM.TO (Doman Building Materials Group Ltd.) is a stock, while ^TNX (Treasury Yield 10 Years) is an index. Over the past 10 years, DBM.TO returned 15.71%/yr vs 11.23%/yr for ^TNX. At a 0.04 correlation, their price movements are largely independent.

Performance

DBM.TO vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Doman Building Materials Group Ltd. (DBM.TO) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DBM.TO is traded in CAD, while ^TNX is traded in USD. To make them comparable, the ^TNX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DBM.TO achieves a 13.09% return, which is significantly higher than ^TNX's 10.68% return. Over the past 10 years, DBM.TO has outperformed ^TNX with an annualized return of 15.71%, while ^TNX has yielded a comparatively lower 11.23% annualized return.

DBM.TO

• 1D: -1.70%
• 1M: 1.96%
• YTD: 13.09%
• 6M: 15.14%
• 1Y: 29.77%
• 3Y*: 24.40%
• 5Y*: 11.71%
• 10Y*: 15.71%

^TNX

• 1D: 1.53%
• 1M: 6.46%
• YTD: 10.68%
• 6M: 10.57%
• 1Y: 5.23%
• 3Y*: 8.44%
• 5Y*: 27.41%
• 10Y*: 11.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBM.TO vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBM.TO Doman Building Materials Group Ltd.	13.09%	17.93%	9.86%	55.96%	-19.26%	8.29%	59.09%	31.10%	-31.80%	33.78%
^TNX Treasury Yield 10 Years	10.68%	-13.14%	28.45%	-2.53%	174.83%	63.40%	-53.02%	-32.07%	21.16%	-7.94%

Correlation

The correlation between DBM.TO and ^TNX is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	-0.17
Correlation (5Y) Calculated over the trailing 5-year period	-0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Jun 25, 2009	0.04

The correlation between DBM.TO and ^TNX shifts across timeframes, from -0.17 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DBM.TO vs. ^TNX — Risk / Return Rank

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

DBM.TO

DBM.TO Risk / Return Rank: 77
DBM.TO Sharpe Ratio Rank: 79
DBM.TO Sortino Ratio Rank: 77
DBM.TO Omega Ratio Rank: 73
DBM.TO Calmar Ratio Rank: 77
DBM.TO Martin Ratio Rank: 77

^TNX

^TNX Risk / Return Rank: 20
^TNX Sharpe Ratio Rank: 22
^TNX Sortino Ratio Rank: 20
^TNX Omega Ratio Rank: 20
^TNX Calmar Ratio Rank: 21
^TNX Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBM.TO vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Doman Building Materials Group Ltd. (DBM.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.

	DBM.TO	^TNX	Difference
Sharpe ratio: Return per unit of total volatility	1.32	0.31	+1.01
Sortino ratio: Return per unit of downside risk	2.04	0.56	+1.48
Omega ratio: Gain probability vs. loss probability	1.24	1.06	+0.18
Calmar ratio: Return relative to maximum drawdown	2.21	0.42	+1.79
Martin ratio: Return relative to average drawdown	5.39	0.84	+4.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBM.TO vs. ^TNX - Sharpe Ratio Comparison

The current DBM.TO Sharpe Ratio is 1.32, which is higher than the ^TNX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of DBM.TO and ^TNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DBM.TO	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.31	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.83	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.23	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.05	+0.20

Drawdowns

DBM.TO vs. ^TNX - Drawdown Comparison

The maximum DBM.TO drawdown since its inception was -76.69%, smaller than the maximum ^TNX drawdown of -83.97%. Use the drawdown chart below to compare losses from any high point for DBM.TO and ^TNX.

Drawdown Indicators

	DBM.TO	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-76.69%	-83.97%	+7.28%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-12.47%	-1.06%
Max Drawdown (3Y) Largest decline over 3 years	-32.73%	-28.10%	-4.63%
Max Drawdown (5Y) Largest decline over 5 years	-36.04%	-28.10%	-7.94%
Max Drawdown (10Y) Largest decline over 10 years	-55.09%	-83.93%	+28.84%
Current Drawdown Current decline from peak	-2.07%	-8.45%	+6.38%
Average Drawdown Average peak-to-trough decline	-24.18%	-32.52%	+8.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.53%	6.24%	-0.71%

Volatility

DBM.TO vs. ^TNX - Volatility Comparison

The current volatility for Doman Building Materials Group Ltd. (DBM.TO) is 4.26%, while Treasury Yield 10 Years (^TNX) has a volatility of 5.28%. This indicates that DBM.TO experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBM.TO	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	5.28%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	16.51%	11.70%	+4.81%
Volatility (1Y) Calculated over the trailing 1-year period	22.62%	16.94%	+5.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.80%	33.35%	-2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.20%	48.25%	-16.05%

Frequently Asked Questions

Can I hold both DBM.TO and ^TNX in my portfolio?

DBM.TO and ^TNX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.