EDR.TO vs. ^TNX
EDR.TO (Endeavour Silver Corp.) is a stock, while ^TNX (Cboe 10-Year Treasury Note Yield Index) is an index. Over the past 10 years, EDR.TO returned 6.04%/yr vs 12.12%/yr for ^TNX. At a correlation of -0.10, they often move in opposite directions.
Performance
EDR.TO vs. ^TNX - Performance Comparison
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Different Trading Currencies
EDR.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, EDR.TO achieves a -18.28% return, which is significantly lower than ^TNX's 13.07% return. Over the past 10 years, EDR.TO has underperformed ^TNX with an annualized return of 6.04%, while ^TNX has yielded a comparatively higher 12.12% annualized return.
EDR.TO
- 1D
- 1.44%
- 1M
- -12.16%
- 6M
- -35.91%
- YTD
- -18.28%
- 1Y
- 42.76%
- 3Y*
- 30.93%
- 5Y*
- 10.65%
- 10Y*
- 6.04%
- ALL TIME*
- 5.52%
^TNX
- 1D
- 1.13%
- 1M
- 2.71%
- 6M
- 9.70%
- YTD
- 13.07%
- 1Y
- 5.88%
- 3Y*
- 8.44%
- 5Y*
- 31.77%
- 10Y*
- 12.12%
- ALL TIME*
- 0.48%
EDR.TO vs. ^TNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDR.TO Endeavour Silver Corp. | -18.28% | 144.97% | 102.69% | -40.64% | -18.13% | -16.80% | 105.43% | 6.46% | -2.65% | -36.42% |
^TNX Cboe 10-Year Treasury Note Yield Index | 13.07% | -13.12% | 28.30% | -2.71% | 172.80% | 64.80% | -53.35% | -31.50% | 21.07% | -8.33% |
Correlation
The correlation between EDR.TO and ^TNX is -0.16, 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 | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2006 | -0.10 |
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Return for Risk
EDR.TO vs. ^TNX — Risk / Return Rank
EDR.TO
^TNX
EDR.TO vs. ^TNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Endeavour Silver Corp. (EDR.TO) and Cboe 10-Year Treasury Note Yield Index (^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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EDR.TO | ^TNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.07 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 0.56 | +0.36 |
| Martin ratioReturn relative to average drawdown | 1.83 | 1.23 | +0.60 |
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Drawdowns
EDR.TO vs. ^TNX - Drawdown Comparison
The maximum EDR.TO drawdown since its inception was -88.22%, roughly equal to the maximum ^TNX drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for EDR.TO and ^TNX.
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Drawdown Indicators
| EDR.TO | ^TNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.22% | -89.94% | +1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -46.40% | -10.53% | -35.87% |
Max Drawdown (3Y)Largest decline over 3 years | -59.00% | -28.13% | -30.87% |
Max Drawdown (5Y)Largest decline over 5 years | -73.08% | -28.13% | -44.95% |
Max Drawdown (10Y)Largest decline over 10 years | -79.27% | -83.97% | +4.70% |
Current DrawdownCurrent decline from peak | -45.42% | -6.90% | -38.52% |
Average DrawdownAverage peak-to-trough decline | -53.45% | -44.63% | -8.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.44% | 5.15% | +18.29% |
Volatility
EDR.TO vs. ^TNX - Volatility Comparison
Endeavour Silver Corp. (EDR.TO) has a higher volatility of 16.70% compared to Cboe 10-Year Treasury Note Yield Index (^TNX) at 4.38%. This indicates that EDR.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.
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Volatility by Period
| EDR.TO | ^TNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.70% | 4.38% | +12.32% |
Volatility (6M)Calculated over the trailing 6-month period | 57.00% | 11.80% | +45.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.82% | 15.46% | +60.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.87% | 32.06% | +34.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.06% | 48.34% | +18.72% |
Frequently Asked Questions
EDR.TO and ^TNX have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EDR.TO and ^TNX
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