GRGD.TO vs. CASH.TO

Last updated Jul 21, 2026

GRGD.TO (Groupe Dynamite Inc) is a stock, while CASH.TO (Global X High Interest Savings ETF) is Money Market fund actively managed by Global X. Over the past year, GRGD.TO returned 69.72% vs 2.16% for CASH.TO. At a correlation of -0.03, they often move in opposite directions.

Performance

GRGD.TO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Groupe Dynamite Inc (GRGD.TO) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRGD.TO achieves a -41.38% return, which is significantly lower than CASH.TO's 1.10% return.

GRGD.TO

• 1D: 4.04%
• 1M: -6.83%
• 6M: -33.28%
• YTD: -41.38%
• 1Y: 69.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 68.89%

CASH.TO

• 1D: -0.02%
• 1M: 0.17%
• 6M: 1.02%
• YTD: 1.10%
• 1Y: 2.16%
• 3Y*: 3.47%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.32%

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

GRGD.TO vs. CASH.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GRGD.TO Groupe Dynamite Inc	-41.38%	337.35%	-6.94%
CASH.TO Global X High Interest Savings ETF	1.10%	2.45%	0.44%

Correlation

The correlation between GRGD.TO and CASH.TO 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 (All Time) Calculated using the full available price history since Nov 21, 2024	-0.03

Return for Risk

GRGD.TO vs. CASH.TO — Risk / Return Rank

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

GRGD.TO

GRGD.TO Risk / Return Rank: 74
GRGD.TO Sharpe Ratio Rank: 76
GRGD.TO Sortino Ratio Rank: 71
GRGD.TO Omega Ratio Rank: 77
GRGD.TO Calmar Ratio Rank: 71
GRGD.TO Martin Ratio Rank: 75

CASH.TO

CASH.TO Risk / Return Rank: 100
CASH.TO Sharpe Ratio Rank: 99
CASH.TO Sortino Ratio Rank: 99
CASH.TO Omega Ratio Rank: 99
CASH.TO Calmar Ratio Rank: 100
CASH.TO Martin Ratio Rank: 100

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.

GRGD.TO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Groupe Dynamite Inc (GRGD.TO) and Global X High Interest Savings ETF (CASH.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.

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.

	GRGD.TO	CASH.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.02	9.31	-8.30
Sortino ratio: Return per unit of downside risk	1.52	25.12	-23.60
Omega ratio: Gain probability vs. loss probability	1.24	6.79	-5.55
Calmar ratio: Return relative to maximum drawdown	1.32	108.60	-107.28
Martin ratio: Return relative to average drawdown	3.67	373.55	-369.88

GRGD.TO vs. CASH.TO - Sharpe Ratio Comparison

The current GRGD.TO Sharpe Ratio is 1.02, which is lower than the CASH.TO Sharpe Ratio of 9.31. The chart below compares the historical Sharpe Ratios of GRGD.TO and CASH.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GRGD.TO vs. CASH.TO - Drawdown Comparison

The maximum GRGD.TO drawdown since its inception was -53.06%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for GRGD.TO and CASH.TO.

Drawdown Indicators

	GRGD.TO	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-53.06%	-0.80%	-52.26%
Max Drawdown (1Y) Largest decline over 1 year	-53.06%	-0.02%	-53.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Current Drawdown Current decline from peak	-50.27%	-0.02%	-50.25%
Average Drawdown Average peak-to-trough decline	-15.68%	-0.00%	-15.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.07%	0.01%	+19.06%

Volatility

GRGD.TO vs. CASH.TO - Volatility Comparison

Groupe Dynamite Inc (GRGD.TO) has a higher volatility of 16.91% compared to Global X High Interest Savings ETF (CASH.TO) at 0.07%. This indicates that GRGD.TO's price experiences larger fluctuations and is considered to be riskier than CASH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRGD.TO	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.91%	0.07%	+16.84%
Volatility (6M) Calculated over the trailing 6-month period	63.30%	0.16%	+63.14%
Volatility (1Y) Calculated over the trailing 1-year period	69.14%	0.23%	+68.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.58%	0.61%	+64.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.58%	0.61%	+64.97%

Dividends

GRGD.TO vs. CASH.TO - Dividend Comparison

GRGD.TO's dividend yield for the trailing twelve months is around 4.75%, more than CASH.TO's 2.12% yield.

Position	TTM	2025	2024	2023	2022	2021
CASH.TO Global X High Interest Savings ETF	2.12%	2.53%	4.37%	5.05%	2.30%	0.10%
GRGD.TO Groupe Dynamite Inc	4.75%	2.78%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GRGD.TO and CASH.TO in my portfolio?

GRGD.TO and CASH.TO 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.