FNV.TO vs. TLT
Compare and contrast key facts about Franco-Nevada Corporation (FNV.TO) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNV.TO or TLT.
Key characteristics
| FNV.TO | TLT | |
|---|---|---|
| YTD Return | 16.88% | -3.33% |
| 1Y Return | 3.67% | 9.94% |
| 3Y Return (Ann) | -1.28% | -12.43% |
| 5Y Return (Ann) | 6.94% | -4.96% |
| 10Y Return (Ann) | 12.58% | -0.01% |
| Sharpe Ratio | 0.14 | 0.49 |
| Sortino Ratio | 0.37 | 0.79 |
| Omega Ratio | 1.04 | 1.09 |
| Calmar Ratio | 0.11 | 0.16 |
| Martin Ratio | 0.47 | 1.23 |
| Ulcer Index | 7.59% | 6.00% |
| Daily Std Dev | 25.51% | 15.09% |
| Max Drawdown | -47.77% | -48.35% |
| Current Drawdown | -19.69% | -39.77% |
Correlation
The correlation between FNV.TO and TLT is 0.07, 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. TLT - Performance Comparison
In the year-to-date period, FNV.TO achieves a 16.88% return, which is significantly higher than TLT's -3.33% return. Over the past 10 years, FNV.TO has outperformed TLT with an annualized return of 12.58%, while TLT has yielded a comparatively lower -0.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FNV.TO vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV.TO) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
Dividends
FNV.TO vs. TLT - Dividend Comparison
FNV.TO's dividend yield for the trailing twelve months is around 0.83%, less than TLT's 3.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV.TO Franco-Nevada Corporation | 0.83% | 0.93% | 0.69% | 0.66% | 0.65% | 0.74% | 1.32% | 0.91% | 1.08% | 1.31% | 1.36% | 1.66% |
TLT iShares 20+ Year Treasury Bond ETF | 3.98% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
FNV.TO vs. TLT - Drawdown Comparison
The maximum FNV.TO drawdown since its inception was -47.77%, roughly equal to the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for FNV.TO and TLT. For additional features, visit the drawdowns tool.
Volatility
FNV.TO vs. TLT - Volatility Comparison
Franco-Nevada Corporation (FNV.TO) has a higher volatility of 8.42% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 5.01%. This indicates that FNV.TO's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.