FSV.TO vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about FirstService Corporation (FSV.TO) and S&P 500 Index (^GSPC).

Performance

FSV.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in FirstService Corporation (FSV.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

FSV.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSV.TO FirstService Corporation	-9.34%	-17.49%	22.03%	30.24%	-32.79%	43.41%	45.02%	29.85%	7.33%	39.01%
^GSPC S&P 500 Index	-3.34%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	1.71%	11.82%

Different Trading Currencies

FSV.TO is traded in CAD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FSV.TO achieves a -9.34% return, which is significantly lower than ^GSPC's -3.34% return. Over the past 10 years, FSV.TO has outperformed ^GSPC with an annualized return of 14.63%, while ^GSPC has yielded a comparatively lower 12.91% annualized return.

FSV.TO

• 1D: 2.05%
• 1M: -9.97%
• YTD: -9.34%
• 6M: -26.89%
• 1Y: -18.51%
• 3Y*: 1.10%
• 5Y*: 0.78%
• 10Y*: 14.63%

^GSPC

• 1D: 2.80%
• 1M: -3.22%
• YTD: -3.34%
• 6M: -2.48%
• 1Y: 12.46%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

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

Return for Risk

FSV.TO vs. ^GSPC — Risk / Return Rank

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

FSV.TO

FSV.TO Risk / Return Rank: 17
FSV.TO Sharpe Ratio Rank: 12
FSV.TO Sortino Ratio Rank: 13
FSV.TO Omega Ratio Rank: 14
FSV.TO Calmar Ratio Rank: 25
FSV.TO Martin Ratio Rank: 24

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

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.

FSV.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FirstService Corporation (FSV.TO) and S&P 500 Index (^GSPC). 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.

	FSV.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.70	0.69	-1.39
Sortino ratio Return per unit of downside risk	-0.89	1.06	-1.94
Omega ratio Gain probability vs. loss probability	0.89	1.17	-0.28
Calmar ratio Return relative to maximum drawdown	-0.51	1.14	-1.65
Martin ratio Return relative to average drawdown	-1.02	4.22	-5.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSV.TO vs. ^GSPC - Sharpe Ratio Comparison

The current FSV.TO Sharpe Ratio is -0.70, which is lower than the ^GSPC Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of FSV.TO and ^GSPC, 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

	FSV.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	0.69	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.84	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.79	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.91	-0.28

Correlation

The correlation between FSV.TO and ^GSPC is 0.38, 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

FSV.TO vs. ^GSPC - Drawdown Comparison

The maximum FSV.TO drawdown since its inception was -42.79%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for FSV.TO and ^GSPC.

Drawdown Indicators

	FSV.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-42.79%	-56.78%	+13.99%
Max Drawdown (1Y) Largest decline over 1 year	-35.85%	-12.14%	-23.71%
Max Drawdown (5Y) Largest decline over 5 years	-42.56%	-25.43%	-17.13%
Max Drawdown (10Y) Largest decline over 10 years	-42.79%	-33.92%	-8.87%
Current Drawdown Current decline from peak	-32.63%	-6.45%	-26.18%
Average Drawdown Average peak-to-trough decline	-11.07%	-10.75%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.75%	2.57%	+15.18%

Volatility

FSV.TO vs. ^GSPC - Volatility Comparison

FirstService Corporation (FSV.TO) has a higher volatility of 7.39% compared to S&P 500 Index (^GSPC) at 5.28%. This indicates that FSV.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSV.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	5.28%	+2.11%
Volatility (6M) Calculated over the trailing 6-month period	20.87%	9.61%	+11.26%
Volatility (1Y) Calculated over the trailing 1-year period	26.58%	18.14%	+8.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.88%	14.99%	+8.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.95%	16.33%	+9.62%