EDR.TO vs. ^TNX

Last updated Jun 3, 2026

EDR.TO (Endeavour Silver Corp.) is a stock, while ^TNX (Treasury Yield 10 Years) is an index. Over the past 10 years, EDR.TO returned 12.84%/yr vs 10.97%/yr for ^TNX. At a correlation of -0.16, they often move in opposite directions.

Performance

EDR.TO vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Endeavour Silver Corp. (EDR.TO) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

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 5.34% return, which is significantly lower than ^TNX's 9.25% return. Over the past 10 years, EDR.TO has outperformed ^TNX with an annualized return of 12.84%, while ^TNX has yielded a comparatively lower 10.97% annualized return.

EDR.TO

• 1D: 0.67%
• 1M: 8.54%
• YTD: 5.34%
• 6M: 5.26%
• 1Y: 150.46%
• 3Y*: 51.29%
• 5Y*: 11.94%
• 10Y*: 12.84%

^TNX

• 1D: 1.22%
• 1M: 3.03%
• YTD: 9.25%
• 6M: 10.27%
• 1Y: 1.99%
• 3Y*: 8.00%
• 5Y*: 27.08%
• 10Y*: 10.97%

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

EDR.TO vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDR.TO Endeavour Silver Corp.	5.34%	144.97%	114.44%	-38.28%	-18.13%	-16.80%	105.43%	6.46%	-2.65%	-36.42%
^TNX Treasury Yield 10 Years	9.25%	-13.14%	28.45%	-2.53%	174.83%	63.40%	-53.02%	-32.07%	21.16%	-7.94%

Correlation

The correlation between EDR.TO and ^TNX is -0.15, 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	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	-0.13
Correlation (5Y) Calculated over the trailing 5-year period	-0.16
Correlation (10Y) Calculated over the trailing 10-year period	-0.21
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009	-0.16

Return for Risk

EDR.TO vs. ^TNX — Risk / Return Rank

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

EDR.TO

EDR.TO Risk / Return Rank: 85
EDR.TO Sharpe Ratio Rank: 88
EDR.TO Sortino Ratio Rank: 82
EDR.TO Omega Ratio Rank: 81
EDR.TO Calmar Ratio Rank: 88
EDR.TO Martin Ratio Rank: 86

^TNX

^TNX Risk / Return Rank: 12
^TNX Sharpe Ratio Rank: 12
^TNX Sortino Ratio Rank: 11
^TNX Omega Ratio Rank: 11
^TNX Calmar Ratio Rank: 12
^TNX Martin Ratio Rank: 12

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.

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 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.

	EDR.TO	^TNX	Difference
Sharpe ratio Return per unit of total volatility	2.04	0.12	+1.92
Sortino ratio Return per unit of downside risk	2.49	0.29	+2.20
Omega ratio Gain probability vs. loss probability	1.32	1.03	+0.28
Calmar ratio Return relative to maximum drawdown	4.23	0.16	+4.07
Martin ratio Return relative to average drawdown	9.52	0.32	+9.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDR.TO vs. ^TNX - Sharpe Ratio Comparison

The current EDR.TO Sharpe Ratio is 2.04, which is higher than the ^TNX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of EDR.TO and ^TNX, 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

	EDR.TO	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	0.12	+1.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	0.82	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.23	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.05	+0.20

Drawdowns

EDR.TO vs. ^TNX - Drawdown Comparison

The maximum EDR.TO drawdown since its inception was -88.22%, which is greater than ^TNX's maximum drawdown of -83.97%. Use the drawdown chart below to compare losses from any high point for EDR.TO and ^TNX.

Drawdown Indicators

	EDR.TO	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-88.22%	-83.97%	-4.25%
Max Drawdown (1Y) Largest decline over 1 year	-41.59%	-12.47%	-29.12%
Max Drawdown (3Y) Largest decline over 3 years	-59.81%	-28.10%	-31.71%
Max Drawdown (5Y) Largest decline over 5 years	-77.46%	-28.10%	-49.36%
Max Drawdown (10Y) Largest decline over 10 years	-79.27%	-83.93%	+4.66%
Current Drawdown Current decline from peak	-29.64%	-9.63%	-20.01%
Average Drawdown Average peak-to-trough decline	-48.91%	-32.52%	-16.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.47%	6.24%	+12.23%

Volatility

EDR.TO vs. ^TNX - Volatility Comparison

Endeavour Silver Corp. (EDR.TO) has a higher volatility of 24.36% compared to Treasury Yield 10 Years (^TNX) at 5.28%. 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.

Volatility by Period

	EDR.TO	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.36%	5.28%	+19.08%
Volatility (6M) Calculated over the trailing 6-month period	54.70%	11.60%	+43.10%
Volatility (1Y) Calculated over the trailing 1-year period	74.80%	17.01%	+57.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.33%	33.42%	+32.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.13%	48.26%	+18.87%

Frequently Asked Questions

Can I hold both EDR.TO and ^TNX in my portfolio?

EDR.TO and ^TNX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.