DOL.TO vs. ^GSPC
DOL.TO (Dollarama Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, DOL.TO returned 19.54%/yr vs 14.52%/yr for ^GSPC. At a 0.25 correlation, their price movements are largely independent.
Performance
DOL.TO vs. ^GSPC - Performance Comparison
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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 -14.54% return, which is significantly lower than ^GSPC's 12.12% return. Over the past 10 years, DOL.TO has outperformed ^GSPC with an annualized return of 19.54%, while ^GSPC has yielded a comparatively lower 14.52% annualized return.
DOL.TO
- 1D
- 0.23%
- 1M
- 2.70%
- YTD
- -14.54%
- 6M
- -11.20%
- 1Y
- -1.42%
- 3Y*
- 28.35%
- 5Y*
- 26.92%
- 10Y*
- 19.54%
^GSPC
- 1D
- 0.00%
- 1M
- 7.35%
- YTD
- 12.12%
- 6M
- 10.22%
- 1Y
- 28.58%
- 3Y*
- 22.37%
- 5Y*
- 15.58%
- 10Y*
- 14.52%
DOL.TO vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DOL.TO Dollarama Inc. | -14.54% | 46.59% | 47.34% | 20.96% | 25.45% | 22.47% | 16.69% | 38.01% | -37.77% | 60.22% |
^GSPC S&P 500 Index | 11.75% | 11.05% | 33.90% | 21.49% | -13.70% | 25.75% | 14.29% | 22.54% | 1.71% | 11.82% |
Correlation
The correlation between DOL.TO and ^GSPC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2009 | 0.25 |
The correlation between DOL.TO and ^GSPC shifts across timeframes, from 0.17 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
DOL.TO vs. ^GSPC — Risk / Return Rank
DOL.TO
^GSPC
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 ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.47 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 3.24 | -3.32 |
| Martin ratioReturn relative to average drawdown | -0.17 | 12.23 | -12.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DOL.TO | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 2.46 | -2.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.26 | 1.05 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.89 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.99 | +0.22 |
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.
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Drawdown Indicators
| DOL.TO | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.07% | -27.59% | -17.48% |
Max Drawdown (1Y)Largest decline over 1 year | -19.07% | -8.86% | -10.21% |
Max Drawdown (3Y)Largest decline over 3 years | -19.07% | -19.23% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -19.07% | -22.60% | +3.53% |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | -27.59% | -17.48% |
Current DrawdownCurrent decline from peak | -14.97% | 0.00% | -14.97% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -3.51% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.39% | 2.34% | +6.05% |
Volatility
DOL.TO vs. ^GSPC - Volatility Comparison
Dollarama Inc. (DOL.TO) has a higher volatility of 6.23% compared to S&P 500 Index (^GSPC) at 2.69%. 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.
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Volatility by Period
| DOL.TO | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 2.69% | +3.54% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 8.85% | +8.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.97% | 11.70% | +11.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.45% | 14.99% | +6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.24% | 16.33% | +7.91% |
Frequently Asked Questions
DOL.TO and ^GSPC 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.
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