EIF.TO vs. ^TNX
EIF.TO (Exchange Income Corporation) is a stock, while ^TNX (Cboe 10-Year Treasury Note Yield Index) is an index. Over the past 10 years, EIF.TO returned 20.60%/yr vs 12.12%/yr for ^TNX. At a 0.07 correlation, their price movements are largely independent.
Performance
EIF.TO vs. ^TNX - Performance Comparison
Loading charts...
Different Trading Currencies
EIF.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, EIF.TO achieves a 57.10% return, which is significantly higher than ^TNX's 13.07% return. Over the past 10 years, EIF.TO has outperformed ^TNX with an annualized return of 20.60%, while ^TNX has yielded a comparatively lower 12.12% annualized return.
EIF.TO
- 1D
- -0.45%
- 1M
- -4.69%
- 6M
- 37.94%
- YTD
- 57.10%
- 1Y
- 99.93%
- 3Y*
- 39.96%
- 5Y*
- 31.56%
- 10Y*
- 20.60%
- ALL TIME*
- 21.58%
^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%
EIF.TO vs. ^TNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIF.TO Exchange Income Corporation | 57.10% | 45.29% | 37.59% | -9.76% | 31.82% | 21.59% | -11.59% | 67.90% | -15.11% | -9.33% |
^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 EIF.TO and ^TNX is -0.17, 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 | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2006 | 0.07 |
The correlation between EIF.TO and ^TNX shifts across timeframes, from -0.17 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EIF.TO vs. ^TNX — Risk / Return Rank
EIF.TO
^TNX
EIF.TO vs. ^TNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Exchange Income Corporation (EIF.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.
| EIF.TO | ^TNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.47 | ||
| Sortino ratioReturn per unit of downside risk | +4.46 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.07 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 10.27 | 0.56 | +9.71 |
| Martin ratioReturn relative to average drawdown | 30.00 | 1.23 | +28.77 |
Loading charts...
Drawdowns
EIF.TO vs. ^TNX - Drawdown Comparison
The maximum EIF.TO drawdown since its inception was -68.18%, smaller than the maximum ^TNX drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for EIF.TO and ^TNX.
Loading charts...
Drawdown Indicators
| EIF.TO | ^TNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.18% | -89.94% | +21.76% |
Max Drawdown (1Y)Largest decline over 1 year | -9.78% | -10.53% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -20.24% | -28.13% | +7.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -28.13% | +6.66% |
Max Drawdown (10Y)Largest decline over 10 years | -68.18% | -83.97% | +15.79% |
Current DrawdownCurrent decline from peak | -4.91% | -6.90% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -10.12% | -44.63% | +34.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 5.15% | -1.81% |
Volatility
EIF.TO vs. ^TNX - Volatility Comparison
Exchange Income Corporation (EIF.TO) has a higher volatility of 6.63% compared to Cboe 10-Year Treasury Note Yield Index (^TNX) at 4.38%. This indicates that EIF.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.
Loading charts...
Volatility by Period
| EIF.TO | ^TNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.63% | 4.38% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 21.20% | 11.80% | +9.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.15% | 15.46% | +10.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.08% | 32.06% | -7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.77% | 48.34% | -15.57% |
Frequently Asked Questions
EIF.TO and ^TNX 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.
Find the right allocation for EIF.TO and ^TNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer