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:
1.42
^TNX:
-0.26
FNV.TO:
1.86
^TNX:
-0.23
FNV.TO:
1.26
^TNX:
0.97
FNV.TO:
1.53
^TNX:
-0.10
FNV.TO:
6.20
^TNX:
-0.55
FNV.TO:
6.16%
^TNX:
10.54%
FNV.TO:
27.01%
^TNX:
21.89%
FNV.TO:
-47.77%
^TNX:
-93.78%
FNV.TO:
-1.67%
^TNX:
-46.30%
Returns By Period
In the year-to-date period, FNV.TO achieves a 39.91% return, which is significantly higher than ^TNX's -5.79% return. Over the past 10 years, FNV.TO has outperformed ^TNX with an annualized return of 15.17%, while ^TNX has yielded a comparatively lower 7.22% annualized return.
FNV.TO
39.91%
13.85%
28.66%
37.85%
4.44%
15.17%
^TNX
-5.79%
3.68%
-2.67%
-3.47%
44.83%
7.22%
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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 10.58% compared to Treasury Yield 10 Years (^TNX) at 7.23%. 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.