GWO.TO vs. ^TNX
Compare and contrast key facts about Great-West Lifeco Inc. (GWO.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GWO.TO or ^TNX.
Key characteristics
GWO.TO | ^TNX | |
---|---|---|
YTD Return | -1.59% | 14.98% |
1Y Return | 16.96% | 26.71% |
3Y Return (Ann) | 10.87% | 39.75% |
5Y Return (Ann) | 12.79% | 13.12% |
10Y Return (Ann) | 8.73% | 5.87% |
Sharpe Ratio | 1.23 | 1.13 |
Daily Std Dev | 14.12% | 25.11% |
Max Drawdown | -67.97% | -93.78% |
Current Drawdown | -4.14% | -44.60% |
Correlation
The correlation between GWO.TO and ^TNX is 0.14, 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.
Performance
GWO.TO vs. ^TNX - Performance Comparison
In the year-to-date period, GWO.TO achieves a -1.59% return, which is significantly lower than ^TNX's 14.98% return. Over the past 10 years, GWO.TO has outperformed ^TNX with an annualized return of 8.73%, while ^TNX has yielded a comparatively lower 5.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GWO.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifeco Inc. (GWO.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
GWO.TO vs. ^TNX - Drawdown Comparison
The maximum GWO.TO drawdown since its inception was -67.97%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for GWO.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
GWO.TO vs. ^TNX - Volatility Comparison
Great-West Lifeco Inc. (GWO.TO) and Treasury Yield 10 Years (^TNX) have volatilities of 4.70% and 4.88%, 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.