DBM.TO vs. ^TNX
Compare and contrast key facts about Doman Building Materials Group Ltd. (DBM.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: DBM.TO or ^TNX.
Key characteristics
| DBM.TO | ^TNX | |
|---|---|---|
| YTD Return | -11.45% | 14.98% |
| 1Y Return | 16.01% | 26.71% |
| 3Y Return (Ann) | 0.24% | 39.75% |
| 5Y Return (Ann) | 19.27% | 13.12% |
| 10Y Return (Ann) | 13.63% | 5.87% |
| Sharpe Ratio | 0.87 | 1.13 |
| Daily Std Dev | 29.01% | 25.11% |
| Max Drawdown | -93.38% | -93.78% |
| Current Drawdown | -15.02% | -44.60% |
Correlation
The correlation between DBM.TO and ^TNX is 0.10, 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
DBM.TO vs. ^TNX - Performance Comparison
In the year-to-date period, DBM.TO achieves a -11.45% return, which is significantly lower than ^TNX's 14.98% return. Over the past 10 years, DBM.TO has outperformed ^TNX with an annualized return of 13.63%, while ^TNX has yielded a comparatively lower 5.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DBM.TO vs. ^TNX - Risk-Adjusted Performance 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.
Drawdowns
DBM.TO vs. ^TNX - Drawdown Comparison
The maximum DBM.TO drawdown since its inception was -93.38%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for DBM.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
DBM.TO vs. ^TNX - Volatility Comparison
Doman Building Materials Group Ltd. (DBM.TO) has a higher volatility of 9.86% compared to Treasury Yield 10 Years (^TNX) at 4.88%. This indicates that DBM.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.