DOL.TO vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Dollarama Inc. (DOL.TO) and S&P 500 Index (^GSPC).

Performance

DOL.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dollarama Inc. (DOL.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

DOL.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DOL.TO Dollarama Inc.	-16.73%	46.59%	47.34%	20.96%	25.45%	22.47%	16.69%	38.01%	-37.77%	60.22%
^GSPC S&P 500 Index	-3.34%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	1.71%	11.82%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, DOL.TO achieves a -16.73% return, which is significantly lower than ^GSPC's -3.34% return. Over the past 10 years, DOL.TO has outperformed ^GSPC with an annualized return of 19.11%, while ^GSPC has yielded a comparatively lower 12.91% annualized return.

DOL.TO

• 1D: 1.61%
• 1M: -14.98%
• YTD: -16.73%
• 6M: -6.87%
• 1Y: 11.21%
• 3Y*: 28.70%
• 5Y*: 24.90%
• 10Y*: 19.11%

^GSPC

• 1D: 2.80%
• 1M: -3.22%
• YTD: -3.34%
• 6M: -2.48%
• 1Y: 12.46%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

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

Return for Risk

DOL.TO vs. ^GSPC — Risk / Return Rank

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

DOL.TO

DOL.TO Risk / Return Rank: 57
DOL.TO Sharpe Ratio Rank: 59
DOL.TO Sortino Ratio Rank: 52
DOL.TO Omega Ratio Rank: 53
DOL.TO Calmar Ratio Rank: 59
DOL.TO Martin Ratio Rank: 65

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

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.

DOL.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dollarama Inc. (DOL.TO) and S&P 500 Index (^GSPC). 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.

	DOL.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.47	0.69	-0.22
Sortino ratio Return per unit of downside risk	0.83	1.06	-0.22
Omega ratio Gain probability vs. loss probability	1.12	1.17	-0.05
Calmar ratio Return relative to maximum drawdown	0.67	1.14	-0.47
Martin ratio Return relative to average drawdown	2.40	4.22	-1.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOL.TO vs. ^GSPC - Sharpe Ratio Comparison

The current DOL.TO Sharpe Ratio is 0.47, which is lower than the ^GSPC Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of DOL.TO and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DOL.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.69	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.84	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.79	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.91	+0.30

Correlation

The correlation between DOL.TO and ^GSPC is 0.25, 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.

Drawdowns

DOL.TO vs. ^GSPC - Drawdown Comparison

The maximum DOL.TO drawdown since its inception was -45.07%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for DOL.TO and ^GSPC.

Drawdown Indicators

	DOL.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-45.07%	-56.78%	+11.71%
Max Drawdown (1Y) Largest decline over 1 year	-19.07%	-12.14%	-6.93%
Max Drawdown (5Y) Largest decline over 5 years	-19.07%	-25.43%	+6.36%
Max Drawdown (10Y) Largest decline over 10 years	-45.07%	-33.92%	-11.15%
Current Drawdown Current decline from peak	-17.15%	-6.45%	-10.70%
Average Drawdown Average peak-to-trough decline	-6.41%	-10.75%	+4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.35%	2.57%	+2.78%

Volatility

DOL.TO vs. ^GSPC - Volatility Comparison

Dollarama Inc. (DOL.TO) has a higher volatility of 12.59% compared to S&P 500 Index (^GSPC) at 5.28%. This indicates that DOL.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOL.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.59%	5.28%	+7.31%
Volatility (6M) Calculated over the trailing 6-month period	17.32%	9.61%	+7.71%
Volatility (1Y) Calculated over the trailing 1-year period	23.74%	18.14%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.36%	14.99%	+6.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.17%	16.33%	+7.84%