DOL.TO vs. HISU-U.TO

Last updated Jun 4, 2026

DOL.TO (Dollarama Inc.) is a stock, while HISU-U.TO (Evolve US High Interest Savings Account Fund) is Money Market fund actively managed by Evolve. Over the past 3 years, DOL.TO returned 28.35%/yr vs 4.59%/yr for HISU-U.TO. At a correlation of -0.06, they often move in opposite directions.

Performance

DOL.TO vs. HISU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dollarama Inc. (DOL.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DOL.TO is traded in CAD, while HISU-U.TO is traded in USD. To make them comparable, the HISU-U.TO 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 HISU-U.TO's 2.33% 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%

HISU-U.TO

• 1D: 0.42%
• 1M: 2.21%
• YTD: 2.33%
• 6M: 0.87%
• 1Y: 4.08%
• 3Y*: 4.59%
• 5Y*: —
• 10Y*: —

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

DOL.TO vs. HISU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DOL.TO Dollarama Inc.	-14.54%	46.59%	47.34%	20.96%	-2.42%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.33%	-1.75%	12.72%	1.60%	4.39%

Correlation

The correlation between DOL.TO and HISU-U.TO is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022	-0.06

The correlation between DOL.TO and HISU-U.TO shifts across timeframes, from -0.06 (all time) to 0.04 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DOL.TO vs. HISU-U.TO — 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: 35
DOL.TO Sharpe Ratio Rank: 38
DOL.TO Sortino Ratio Rank: 31
DOL.TO Omega Ratio Rank: 31
DOL.TO Calmar Ratio Rank: 37
DOL.TO Martin Ratio Rank: 37

HISU-U.TO

HISU-U.TO Risk / Return Rank: 99
HISU-U.TO Sharpe Ratio Rank: 99
HISU-U.TO Sortino Ratio Rank: 99
HISU-U.TO Omega Ratio Rank: 99
HISU-U.TO Calmar Ratio Rank: 99
HISU-U.TO Martin Ratio Rank: 99

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. HISU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dollarama Inc. (DOL.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). 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	HISU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.06	0.90	-0.96
Sortino ratio: Return per unit of downside risk	0.07	1.25	-1.17
Omega ratio: Gain probability vs. loss probability	1.01	1.16	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.07	1.02	-1.10
Martin ratio: Return relative to average drawdown	-0.17	2.66	-2.83
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. HISU-U.TO - Sharpe Ratio Comparison

The current DOL.TO Sharpe Ratio is -0.06, which is lower than the HISU-U.TO Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of DOL.TO and HISU-U.TO, 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

	DOL.TO	HISU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.06	0.90	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.85	+0.36

Drawdowns

DOL.TO vs. HISU-U.TO - Drawdown Comparison

The maximum DOL.TO drawdown since its inception was -45.07%, which is greater than HISU-U.TO's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for DOL.TO and HISU-U.TO.

Drawdown Indicators

	DOL.TO	HISU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-45.07%	-5.49%	-39.58%
Max Drawdown (1Y) Largest decline over 1 year	-19.07%	-4.01%	-15.06%
Max Drawdown (3Y) Largest decline over 3 years	-19.07%	-5.49%	-13.58%
Max Drawdown (5Y) Largest decline over 5 years	-19.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.07%	—	—
Current Drawdown Current decline from peak	-14.97%	-0.69%	-14.28%
Average Drawdown Average peak-to-trough decline	-6.51%	-1.78%	-4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	1.54%	+6.85%

Volatility

DOL.TO vs. HISU-U.TO - Volatility Comparison

Dollarama Inc. (DOL.TO) has a higher volatility of 6.23% compared to Evolve US High Interest Savings Account Fund (HISU-U.TO) at 0.79%. This indicates that DOL.TO's price experiences larger fluctuations and is considered to be riskier than HISU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOL.TO	HISU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	0.79%	+5.44%
Volatility (6M) Calculated over the trailing 6-month period	17.80%	3.43%	+14.37%
Volatility (1Y) Calculated over the trailing 1-year period	22.97%	4.58%	+18.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	5.94%	+15.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.24%	5.94%	+18.30%

Dividends

DOL.TO vs. HISU-U.TO - Dividend Comparison

DOL.TO's dividend yield for the trailing twelve months is around 0.25%, less than HISU-U.TO's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOL.TO Dollarama Inc.	0.25%	0.20%	0.25%	0.28%	0.27%	0.31%	0.34%	0.39%	0.48%	0.27%	0.40%	0.44%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.74%	2.93%	3.70%	3.85%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DOL.TO and HISU-U.TO in my portfolio?

DOL.TO and HISU-U.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.