FTS.TO vs. RAAX
FTS.TO (Fortis Inc.) is a stock, while RAAX (VanEck Inflation Allocation ETF) is Diversified Portfolio fund actively managed by VanEck. Over the past 5 years, FTS.TO returned 11.27%/yr vs 16.49%/yr for RAAX. At a 0.09 correlation, their price movements are largely independent.
Performance
FTS.TO vs. RAAX - Performance Comparison
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Different Trading Currencies
FTS.TO is traded in CAD, while RAAX is traded in USD. To make them comparable, the RAAX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTS.TO achieves a 13.43% return, which is significantly lower than RAAX's 20.02% return.
FTS.TO
- 1D
- 0.99%
- 1M
- 5.79%
- YTD
- 13.43%
- 6M
- 15.37%
- 1Y
- 25.87%
- 3Y*
- 16.29%
- 5Y*
- 11.27%
- 10Y*
- 10.80%
RAAX
- 1D
- 2.45%
- 1M
- -0.06%
- YTD
- 20.02%
- 6M
- 19.24%
- 1Y
- 35.74%
- 3Y*
- 23.17%
- 5Y*
- 16.49%
- 10Y*
- —
FTS.TO vs. RAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FTS.TO Fortis Inc. | 13.43% | 23.93% | 14.24% | 4.76% | -7.87% | 21.81% | 0.04% | 22.71% | 8.82% |
RAAX VanEck Inflation Allocation ETF | 20.02% | 20.96% | 22.02% | 4.18% | 7.95% | 21.50% | -10.44% | 1.77% | 4.66% |
Correlation
The correlation between FTS.TO and RAAX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.09 |
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Return for Risk
FTS.TO vs. RAAX — Risk / Return Rank
FTS.TO
RAAX
FTS.TO vs. RAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortis Inc. (FTS.TO) and VanEck Inflation Allocation ETF (RAAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTS.TO | RAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.46 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 5.76 | -1.43 |
| Martin ratioReturn relative to average drawdown | 10.47 | 21.64 | -11.16 |
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Drawdowns
FTS.TO vs. RAAX - Drawdown Comparison
The maximum FTS.TO drawdown since its inception was -28.27%, roughly equal to the maximum RAAX drawdown of -29.03%. Use the drawdown chart below to compare losses from any high point for FTS.TO and RAAX.
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Drawdown Indicators
| FTS.TO | RAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.27% | -29.03% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -6.34% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -10.97% | -11.92% | +0.95% |
Max Drawdown (5Y)Largest decline over 5 years | -24.01% | -17.70% | -6.31% |
Max Drawdown (10Y)Largest decline over 10 years | -28.27% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.74% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -5.19% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 1.69% | +0.82% |
Volatility
FTS.TO vs. RAAX - Volatility Comparison
Fortis Inc. (FTS.TO) and VanEck Inflation Allocation ETF (RAAX) have volatilities of 4.96% and 4.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTS.TO | RAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 4.84% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.44% | 12.44% | -2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.12% | 14.43% | -1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 16.55% | -2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 16.76% | +0.10% |
Dividends
FTS.TO vs. RAAX - Dividend Comparison
FTS.TO's dividend yield for the trailing twelve months is around 3.18%, more than RAAX's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTS.TO Fortis Inc. | 3.18% | 3.48% | 3.99% | 4.19% | 4.01% | 3.36% | 3.73% | 3.39% | 3.79% | 3.52% | 3.68% | 3.73% |
RAAX VanEck Inflation Allocation ETF | 1.99% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTS.TO and RAAX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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