GDV.TO vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Global Dividend Growth Split Corp. (GDV.TO) and S&P 500 Index (^GSPC).

Performance

GDV.TO vs. ^GSPC - Performance Comparison

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

GDV.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GDV.TO Global Dividend Growth Split Corp.	-3.10%	18.46%	45.80%	-6.07%	-5.56%	34.06%	6.01%	41.93%	-17.65%
^GSPC S&P 500 Index	-3.34%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	-6.78%

Different Trading Currencies

GDV.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, GDV.TO achieves a -3.10% return, which is significantly higher than ^GSPC's -3.34% return.

GDV.TO

• 1D: 1.48%
• 1M: -12.11%
• YTD: -3.10%
• 6M: 6.25%
• 1Y: 27.26%
• 3Y*: 17.12%
• 5Y*: 11.95%
• 10Y*: —

^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

GDV.TO vs. ^GSPC — Risk / Return Rank

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

GDV.TO

GDV.TO Risk / Return Rank: 82
GDV.TO Sharpe Ratio Rank: 82
GDV.TO Sortino Ratio Rank: 77
GDV.TO Omega Ratio Rank: 80
GDV.TO Calmar Ratio Rank: 80
GDV.TO Martin Ratio Rank: 89

^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.

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

This table presents a comparison of risk-adjusted performance metrics for Global Dividend Growth Split Corp. (GDV.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.

	GDV.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.32	0.69	+0.63
Sortino ratio Return per unit of downside risk	1.90	1.06	+0.84
Omega ratio Gain probability vs. loss probability	1.28	1.17	+0.12
Calmar ratio Return relative to maximum drawdown	2.19	1.14	+1.05
Martin ratio Return relative to average drawdown	9.79	4.22	+5.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDV.TO vs. ^GSPC - Sharpe Ratio Comparison

The current GDV.TO Sharpe Ratio is 1.32, which is higher than the ^GSPC Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of GDV.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

	GDV.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.69	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.84	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.91	-0.52

Correlation

The correlation between GDV.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

GDV.TO vs. ^GSPC - Drawdown Comparison

The maximum GDV.TO drawdown since its inception was -58.15%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for GDV.TO and ^GSPC.

Drawdown Indicators

	GDV.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-58.15%	-56.78%	-1.37%
Max Drawdown (1Y) Largest decline over 1 year	-13.51%	-12.14%	-1.37%
Max Drawdown (5Y) Largest decline over 5 years	-27.38%	-25.43%	-1.95%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-12.24%	-6.45%	-5.79%
Average Drawdown Average peak-to-trough decline	-7.40%	-10.75%	+3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.57%	+0.45%

Volatility

GDV.TO vs. ^GSPC - Volatility Comparison

Global Dividend Growth Split Corp. (GDV.TO) has a higher volatility of 8.56% compared to S&P 500 Index (^GSPC) at 5.28%. This indicates that GDV.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

	GDV.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.56%	5.28%	+3.28%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	9.61%	+2.23%
Volatility (1Y) Calculated over the trailing 1-year period	20.87%	18.14%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.43%	14.99%	+4.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.39%	16.33%	+15.06%