EMA.TO vs. ^TNX
Compare and contrast key facts about Emera Incorporated (EMA.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMA.TO or ^TNX.
Correlation
The correlation between EMA.TO and ^TNX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EMA.TO vs. ^TNX - Performance Comparison
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Key characteristics
EMA.TO:
2.09
^TNX:
-0.08
EMA.TO:
2.83
^TNX:
0.03
EMA.TO:
1.37
^TNX:
1.00
EMA.TO:
1.50
^TNX:
-0.04
EMA.TO:
8.23
^TNX:
-0.19
EMA.TO:
4.21%
^TNX:
10.59%
EMA.TO:
16.50%
^TNX:
22.01%
EMA.TO:
-35.98%
^TNX:
-93.78%
EMA.TO:
-0.40%
^TNX:
-45.47%
Returns By Period
In the year-to-date period, EMA.TO achieves a 17.41% return, which is significantly higher than ^TNX's -4.33% return. Over the past 10 years, EMA.TO has outperformed ^TNX with an annualized return of 9.42%, while ^TNX has yielded a comparatively lower 6.75% annualized return.
EMA.TO
17.41%
6.21%
25.70%
33.54%
7.32%
9.42%
^TNX
-4.33%
-0.43%
1.60%
-2.86%
43.39%
6.75%
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Risk-Adjusted Performance
EMA.TO vs. ^TNX — Risk-Adjusted Performance Rank
EMA.TO
^TNX
EMA.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Emera Incorporated (EMA.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.
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Drawdowns
EMA.TO vs. ^TNX - Drawdown Comparison
The maximum EMA.TO drawdown since its inception was -35.98%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for EMA.TO and ^TNX. For additional features, visit the drawdowns tool.
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Volatility
EMA.TO vs. ^TNX - Volatility Comparison
The current volatility for Emera Incorporated (EMA.TO) is 3.15%, while Treasury Yield 10 Years (^TNX) has a volatility of 6.44%. This indicates that EMA.TO experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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