EVT.TO vs. KITS.TO

Last updated Jun 4, 2026

EVT.TO (Economic Investment Trust Limited) and KITS.TO (Kits Eyecare Ltd.) are both stocks. Over the past 5 years, EVT.TO returned 25.67%/yr vs 12.31%/yr for KITS.TO. At a 0.08 correlation, their price movements are largely independent.

Performance

EVT.TO vs. KITS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Economic Investment Trust Limited (EVT.TO) and Kits Eyecare Ltd. (KITS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVT.TO achieves a 21.67% return, which is significantly higher than KITS.TO's -27.39% return.

EVT.TO

• 1D: -0.59%
• 1M: 1.12%
• YTD: 21.67%
• 6M: 24.74%
• 1Y: 29.37%
• 3Y*: 35.81%
• 5Y*: 25.67%
• 10Y*: 16.04%

KITS.TO

• 1D: -1.92%
• 1M: -4.52%
• YTD: -27.39%
• 6M: -13.91%
• 1Y: -6.86%
• 3Y*: 41.18%
• 5Y*: 12.31%
• 10Y*: —

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

EVT.TO vs. KITS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EVT.TO Economic Investment Trust Limited	21.67%	54.60%	30.54%	9.24%	10.53%	19.74%
KITS.TO Kits Eyecare Ltd.	-27.39%	117.44%	35.10%	132.84%	-7.59%	-68.03%

Correlation

The correlation between EVT.TO and KITS.TO is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jan 20, 2021	0.08

The correlation between EVT.TO and KITS.TO shifts across timeframes, from -0.04 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EVT.TO vs. KITS.TO — Risk / Return Rank

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

EVT.TO

EVT.TO Risk / Return Rank: 81
EVT.TO Sharpe Ratio Rank: 78
EVT.TO Sortino Ratio Rank: 76
EVT.TO Omega Ratio Rank: 80
EVT.TO Calmar Ratio Rank: 86
EVT.TO Martin Ratio Rank: 85

KITS.TO

KITS.TO Risk / Return Rank: 35
KITS.TO Sharpe Ratio Rank: 35
KITS.TO Sortino Ratio Rank: 33
KITS.TO Omega Ratio Rank: 33
KITS.TO Calmar Ratio Rank: 37
KITS.TO Martin Ratio Rank: 35

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.

EVT.TO vs. KITS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Economic Investment Trust Limited (EVT.TO) and Kits Eyecare Ltd. (KITS.TO). 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.

	EVT.TO	KITS.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.31	-0.15	+1.46
Sortino ratio: Return per unit of downside risk	2.08	0.12	+1.97
Omega ratio: Gain probability vs. loss probability	1.30	1.02	+0.29
Calmar ratio: Return relative to maximum drawdown	3.66	-0.14	+3.79
Martin ratio: Return relative to average drawdown	8.91	-0.32	+9.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVT.TO vs. KITS.TO - Sharpe Ratio Comparison

The current EVT.TO Sharpe Ratio is 1.31, which is higher than the KITS.TO Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of EVT.TO and KITS.TO, 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

	EVT.TO	KITS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	-0.15	+1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.51	0.24	+1.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.15	+0.47

Drawdowns

EVT.TO vs. KITS.TO - Drawdown Comparison

The maximum EVT.TO drawdown since its inception was -55.91%, smaller than the maximum KITS.TO drawdown of -78.07%. Use the drawdown chart below to compare losses from any high point for EVT.TO and KITS.TO.

Drawdown Indicators

	EVT.TO	KITS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-55.91%	-78.07%	+22.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-50.57%	+42.50%
Max Drawdown (3Y) Largest decline over 3 years	-9.25%	-50.57%	+41.32%
Max Drawdown (5Y) Largest decline over 5 years	-12.24%	-74.40%	+62.16%
Max Drawdown (10Y) Largest decline over 10 years	-26.26%	—	—
Current Drawdown Current decline from peak	-1.96%	-39.31%	+37.35%
Average Drawdown Average peak-to-trough decline	-12.50%	-36.89%	+24.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	21.22%	-17.90%

Volatility

EVT.TO vs. KITS.TO - Volatility Comparison

The current volatility for Economic Investment Trust Limited (EVT.TO) is 3.16%, while Kits Eyecare Ltd. (KITS.TO) has a volatility of 21.66%. This indicates that EVT.TO experiences smaller price fluctuations and is considered to be less risky than KITS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVT.TO	KITS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	21.66%	-18.50%
Volatility (6M) Calculated over the trailing 6-month period	15.74%	37.99%	-22.25%
Volatility (1Y) Calculated over the trailing 1-year period	22.56%	46.77%	-24.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	50.65%	-33.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	49.91%	-34.68%

Dividends

EVT.TO vs. KITS.TO - Dividend Comparison

EVT.TO's dividend yield for the trailing twelve months is around 10.61%, while KITS.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVT.TO Economic Investment Trust Limited	10.61%	13.10%	6.57%	4.56%	7.61%	4.15%	2.50%	2.04%	1.99%	2.22%	1.37%	1.37%
KITS.TO Kits Eyecare Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both EVT.TO and KITS.TO in my portfolio?

EVT.TO and KITS.TO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.