GDV.TO vs. ZSP.TO
Compare and contrast key facts about Global Dividend Growth Split Corp. (GDV.TO) and BMO S&P 500 Index ETF (ZSP.TO).
ZSP.TO is a passively managed fund by BMO that tracks the performance of the S&P 500 Index. It was launched on Nov 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDV.TO or ZSP.TO.
Key characteristics
| GDV.TO | ZSP.TO | |
|---|---|---|
| YTD Return | 36.25% | 26.72% |
| 1Y Return | 48.98% | 34.83% |
| 3Y Return (Ann) | 7.52% | 12.20% |
| 5Y Return (Ann) | 12.23% | 15.95% |
| Sharpe Ratio | 3.69 | 3.32 |
| Sortino Ratio | 4.79 | 4.50 |
| Omega Ratio | 1.67 | 1.63 |
| Calmar Ratio | 2.33 | 4.58 |
| Martin Ratio | 34.44 | 22.62 |
| Ulcer Index | 1.46% | 1.56% |
| Daily Std Dev | 13.63% | 10.66% |
| Max Drawdown | -58.15% | -26.94% |
| Current Drawdown | -4.68% | -2.13% |
Correlation
The correlation between GDV.TO and ZSP.TO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GDV.TO vs. ZSP.TO - Performance Comparison
In the year-to-date period, GDV.TO achieves a 36.25% return, which is significantly higher than ZSP.TO's 26.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GDV.TO vs. ZSP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Dividend Growth Split Corp. (GDV.TO) and BMO S&P 500 Index ETF (ZSP.TO). 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
GDV.TO vs. ZSP.TO - Dividend Comparison
GDV.TO's dividend yield for the trailing twelve months is around 10.97%, more than ZSP.TO's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDV.TO Global Dividend Growth Split Corp. | 10.97% | 13.54% | 11.21% | 9.49% | 11.43% | 10.70% | 7.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZSP.TO BMO S&P 500 Index ETF | 1.02% | 1.33% | 1.44% | 1.15% | 1.45% | 1.48% | 1.64% | 1.64% | 2.20% | 1.54% | 1.46% | 1.52% |
Drawdowns
GDV.TO vs. ZSP.TO - Drawdown Comparison
The maximum GDV.TO drawdown since its inception was -58.15%, which is greater than ZSP.TO's maximum drawdown of -26.94%. Use the drawdown chart below to compare losses from any high point for GDV.TO and ZSP.TO. For additional features, visit the drawdowns tool.
Volatility
GDV.TO vs. ZSP.TO - Volatility Comparison
Global Dividend Growth Split Corp. (GDV.TO) has a higher volatility of 4.11% compared to BMO S&P 500 Index ETF (ZSP.TO) at 2.92%. This indicates that GDV.TO's price experiences larger fluctuations and is considered to be riskier than ZSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.