EIT-UN.TO vs. STEW

Last updated Aug 1, 2026

EIT-UN.TO (Canoe EIT Income Fund) and STEW (SRH Total Return Fund Inc.) are both Diversified Portfolio funds. Over the past 3 years, EIT-UN.TO returned 19.95%/yr vs 17.27%/yr for STEW. Their 0.48 correlation means their historical movements had little consistent relationship. EIT-UN.TO charges 1.10%/yr vs 2.28%/yr for STEW.

Performance

EIT-UN.TO vs. STEW - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canoe EIT Income Fund (EIT-UN.TO) and SRH Total Return Fund Inc. (STEW). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EIT-UN.TO is traded in CAD, while STEW is traded in USD. To make them comparable, the STEW values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EIT-UN.TO achieves a 17.08% return, which is significantly higher than STEW's 5.73% return.

EIT-UN.TO

• 1D: -0.45%
• 1M: 2.60%
• 6M: 11.61%
• YTD: 17.08%
• 1Y: 25.73%
• 3Y*: 19.95%
• 5Y*: 17.59%
• 10Y*: 15.77%
• ALL TIME*: 8.43%

STEW

• 1D: 0.15%
• 1M: 1.63%
• 6M: 11.04%
• YTD: 5.73%
• 1Y: 10.98%
• 3Y*: 17.27%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EIT-UN.TO Canoe EIT Income Fund	CA$2.29M	CA$2.39M	CA$2.65M
STEW SRH Total Return Fund Inc.	CA$2.08M	CA$2.08M	CA$2.01M

EIT-UN.TO vs. STEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EIT-UN.TO Canoe EIT Income Fund	17.08%	11.81%	27.99%	5.94%	1.06%
STEW SRH Total Return Fund Inc.	5.73%	14.79%	30.06%	10.84%	-2.78%

Correlation

The correlation between EIT-UN.TO and STEW is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.42
Correlation (All Time) Calculated using the full available price history since Apr 4, 2022	0.48

Return for Risk

EIT-UN.TO vs. STEW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EIT-UN.TO

EIT-UN.TO Risk / Return Rank: 95
EIT-UN.TO Sharpe Ratio Rank: 97
EIT-UN.TO Sortino Ratio Rank: 96
EIT-UN.TO Omega Ratio Rank: 92
EIT-UN.TO Calmar Ratio Rank: 95
EIT-UN.TO Martin Ratio Rank: 97

STEW

STEW Risk / Return Rank: 22
STEW Sharpe Ratio Rank: 23
STEW Sortino Ratio Rank: 23
STEW Omega Ratio Rank: 22
STEW Calmar Ratio Rank: 19
STEW Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EIT-UN.TO vs. STEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canoe EIT Income Fund (EIT-UN.TO) and SRH Total Return Fund Inc. (STEW). 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.

	EIT-UN.TO	STEW	Difference
Sharpe ratio: Return per unit of total volatility	2.77	0.90	+1.88
Sortino ratio: Return per unit of downside risk	4.14	1.35	+2.80
Omega ratio: Gain probability vs. loss probability	1.52	1.16	+0.36
Calmar ratio: Return relative to maximum drawdown	4.13	1.11	+3.02
Martin ratio: Return relative to average drawdown	17.99	3.18	+14.81

EIT-UN.TO vs. STEW - Sharpe Ratio Comparison

The current EIT-UN.TO Sharpe Ratio is 2.77, which is higher than the STEW Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of EIT-UN.TO and STEW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EIT-UN.TO vs. STEW - Drawdown Comparison

The maximum EIT-UN.TO drawdown since its inception was -63.38%, which is greater than STEW's maximum drawdown of -19.12%. Use the drawdown chart below to compare losses from any high point for EIT-UN.TO and STEW.

Drawdown Indicators

	EIT-UN.TO	STEW	Difference
Max Drawdown Largest peak-to-trough decline	-63.38%	-19.12%	-44.26%
Max Drawdown (1Y) Largest decline over 1 year	-5.93%	-9.72%	+3.79%
Max Drawdown (3Y) Largest decline over 3 years	-9.45%	-11.07%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-15.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.36%	—	—
Current Drawdown Current decline from peak	-1.18%	-1.07%	-0.11%
Average Drawdown Average peak-to-trough decline	-8.66%	-3.67%	-4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	3.39%	-2.03%

Volatility

EIT-UN.TO vs. STEW - Volatility Comparison

The current volatility for Canoe EIT Income Fund (EIT-UN.TO) is 2.14%, while SRH Total Return Fund Inc. (STEW) has a volatility of 4.03%. This indicates that EIT-UN.TO experiences smaller price fluctuations and is considered to be less risky than STEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIT-UN.TO	STEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.14%	4.03%	-1.89%
Volatility (6M) Calculated over the trailing 6-month period	7.15%	8.98%	-1.83%
Volatility (1Y) Calculated over the trailing 1-year period	8.86%	12.03%	-3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.07%	16.07%	-4.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	16.07%	+1.40%

EIT-UN.TO vs. STEW - Expense Ratio Comparison

EIT-UN.TO has a 1.10% expense ratio, which is lower than STEW's 2.28% expense ratio.

Dividends

EIT-UN.TO vs. STEW - Dividend Comparison

EIT-UN.TO's dividend yield for the trailing twelve months is around 6.80%, more than STEW's 4.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIT-UN.TO Canoe EIT Income Fund	6.80%	7.64%	7.90%	9.29%	8.97%	9.08%	12.20%	11.53%	11.65%	10.16%	10.06%	10.71%
STEW SRH Total Return Fund Inc.	4.13%	3.56%	3.43%	3.60%	2.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EIT-UN.TO and STEW in my portfolio?

EIT-UN.TO and STEW have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.