FNV.TO vs. ^TNX
Compare and contrast key facts about Franco-Nevada Corporation (FNV.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: FNV.TO or ^TNX.
Correlation
The correlation between FNV.TO and ^TNX is 0.19, 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
FNV.TO vs. ^TNX - Performance Comparison
Key characteristics
FNV.TO:
1.27
^TNX:
-0.19
FNV.TO:
1.71
^TNX:
-0.18
FNV.TO:
1.23
^TNX:
0.98
FNV.TO:
1.39
^TNX:
-0.09
FNV.TO:
5.61
^TNX:
-0.47
FNV.TO:
6.17%
^TNX:
10.56%
FNV.TO:
27.13%
^TNX:
21.91%
FNV.TO:
-47.77%
^TNX:
-93.78%
FNV.TO:
-3.96%
^TNX:
-46.72%
Returns By Period
In the year-to-date period, FNV.TO achieves a 36.66% return, which is significantly higher than ^TNX's -6.52% return. Over the past 10 years, FNV.TO has outperformed ^TNX with an annualized return of 14.87%, while ^TNX has yielded a comparatively lower 6.54% annualized return.
FNV.TO
36.66%
12.76%
32.13%
34.23%
3.95%
14.87%
^TNX
-6.52%
0.31%
-1.52%
-4.83%
44.57%
6.54%
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Risk-Adjusted Performance
FNV.TO vs. ^TNX — Risk-Adjusted Performance Rank
FNV.TO
^TNX
FNV.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV.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.
Drawdowns
FNV.TO vs. ^TNX - Drawdown Comparison
The maximum FNV.TO drawdown since its inception was -47.77%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for FNV.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
FNV.TO vs. ^TNX - Volatility Comparison
Franco-Nevada Corporation (FNV.TO) has a higher volatility of 11.02% compared to Treasury Yield 10 Years (^TNX) at 6.83%. This indicates that FNV.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.