FC.TO vs. ^GSPTSE

Last updated Apr 2, 2026

Compare and contrast key facts about Firm Capital Mortgage Investment Corporation (FC.TO) and S&P TSX Composite Index (Canada) (^GSPTSE).

Performance

FC.TO vs. ^GSPTSE - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Firm Capital Mortgage Investment Corporation (FC.TO) and S&P TSX Composite Index (Canada) (^GSPTSE). The values are adjusted to include any dividend payments, if applicable.

FC.TO vs. ^GSPTSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FC.TO Firm Capital Mortgage Investment Corporation	3.18%	6.87%	20.14%	11.21%	-19.55%	20.36%	-6.50%	20.36%	8.82%	2.16%
^GSPTSE S&P TSX Composite Index (Canada)	3.93%	28.25%	17.99%	8.12%	-8.66%	21.74%	2.17%	19.13%	-11.64%	6.03%

Returns By Period

In the year-to-date period, FC.TO achieves a 3.18% return, which is significantly lower than ^GSPTSE's 3.93% return. Over the past 10 years, FC.TO has underperformed ^GSPTSE with an annualized return of 7.22%, while ^GSPTSE has yielded a comparatively higher 9.38% annualized return.

FC.TO

• 1D: 0.51%
• 1M: -2.13%
• YTD: 3.18%
• 6M: 3.01%
• 1Y: 9.90%
• 3Y*: 11.22%
• 5Y*: 4.88%
• 10Y*: 7.22%

^GSPTSE

• 1D: 0.58%
• 1M: -4.58%
• YTD: 3.93%
• 6M: 9.47%
• 1Y: 31.66%
• 3Y*: 17.92%
• 5Y*: 11.66%
• 10Y*: 9.38%

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

Return for Risk

FC.TO vs. ^GSPTSE — Risk / Return Rank

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

FC.TO

FC.TO Risk / Return Rank: 66
FC.TO Sharpe Ratio Rank: 71
FC.TO Sortino Ratio Rank: 62
FC.TO Omega Ratio Rank: 62
FC.TO Calmar Ratio Rank: 68
FC.TO Martin Ratio Rank: 69

^GSPTSE

^GSPTSE Risk / Return Rank: 94
^GSPTSE Sharpe Ratio Rank: 95
^GSPTSE Sortino Ratio Rank: 95
^GSPTSE Omega Ratio Rank: 96
^GSPTSE Calmar Ratio Rank: 92
^GSPTSE Martin Ratio Rank: 92

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.

FC.TO vs. ^GSPTSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Firm Capital Mortgage Investment Corporation (FC.TO) and S&P TSX Composite Index (Canada) (^GSPTSE). 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.

	FC.TO	^GSPTSE	Difference
Sharpe ratio Return per unit of total volatility	0.91	2.07	-1.16
Sortino ratio Return per unit of downside risk	1.29	2.64	-1.35
Omega ratio Gain probability vs. loss probability	1.17	1.41	-0.24
Calmar ratio Return relative to maximum drawdown	1.32	2.92	-1.59
Martin ratio Return relative to average drawdown	3.50	12.92	-9.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FC.TO vs. ^GSPTSE - Sharpe Ratio Comparison

The current FC.TO Sharpe Ratio is 0.91, which is lower than the ^GSPTSE Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FC.TO and ^GSPTSE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FC.TO	^GSPTSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.07	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.90	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.63	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.43	+0.11

Correlation

The correlation between FC.TO and ^GSPTSE is 0.17, 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.

Drawdowns

FC.TO vs. ^GSPTSE - Drawdown Comparison

The maximum FC.TO drawdown since its inception was -49.63%, roughly equal to the maximum ^GSPTSE drawdown of -49.99%. Use the drawdown chart below to compare losses from any high point for FC.TO and ^GSPTSE.

Drawdown Indicators

	FC.TO	^GSPTSE	Difference
Max Drawdown Largest peak-to-trough decline	-49.63%	-49.99%	+0.36%
Max Drawdown (1Y) Largest decline over 1 year	-6.65%	-11.07%	+4.42%
Max Drawdown (5Y) Largest decline over 5 years	-29.03%	-17.57%	-11.46%
Max Drawdown (10Y) Largest decline over 10 years	-49.63%	-37.43%	-12.20%
Current Drawdown Current decline from peak	-3.42%	-4.58%	+1.16%
Average Drawdown Average peak-to-trough decline	-5.23%	-11.55%	+6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.50%	+0.01%

Volatility

FC.TO vs. ^GSPTSE - Volatility Comparison

The current volatility for Firm Capital Mortgage Investment Corporation (FC.TO) is 4.00%, while S&P TSX Composite Index (Canada) (^GSPTSE) has a volatility of 5.56%. This indicates that FC.TO experiences smaller price fluctuations and is considered to be less risky than ^GSPTSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FC.TO	^GSPTSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	5.56%	-1.56%
Volatility (6M) Calculated over the trailing 6-month period	7.13%	10.92%	-3.79%
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	15.37%	-4.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	13.07%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.14%	15.06%	+4.08%