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HSAV.TO vs. SGOV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HSAV.TO and SGOV is 0.00, 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

HSAV.TO vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cash Maximizer Corporate Class ETF (HSAV.TO) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HSAV.TO:

1.61

SGOV:

21.63

Sortino Ratio

HSAV.TO:

2.36

SGOV:

474.39

Omega Ratio

HSAV.TO:

1.34

SGOV:

475.39

Calmar Ratio

HSAV.TO:

2.90

SGOV:

485.71

Martin Ratio

HSAV.TO:

7.22

SGOV:

7,710.35

Ulcer Index

HSAV.TO:

0.43%

SGOV:

0.00%

Daily Std Dev

HSAV.TO:

1.89%

SGOV:

0.22%

Max Drawdown

HSAV.TO:

-2.18%

SGOV:

-0.03%

Current Drawdown

HSAV.TO:

-0.60%

SGOV:

0.00%

Returns By Period

In the year-to-date period, HSAV.TO achieves a 0.89% return, which is significantly lower than SGOV's 1.75% return.


HSAV.TO

YTD

0.89%

1M

0.05%

6M

1.11%

1Y

3.02%

3Y*

4.20%

5Y*

2.79%

10Y*

N/A

SGOV

YTD

1.75%

1M

0.34%

6M

2.15%

1Y

4.78%

3Y*

4.55%

5Y*

2.74%

10Y*

N/A

*Annualized

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HSAV.TO vs. SGOV - Expense Ratio Comparison

HSAV.TO has a 0.18% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

HSAV.TO vs. SGOV — Risk-Adjusted Performance Rank

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

HSAV.TO
The Risk-Adjusted Performance Rank of HSAV.TO is 9191
Overall Rank
The Sharpe Ratio Rank of HSAV.TO is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of HSAV.TO is 9191
Sortino Ratio Rank
The Omega Ratio Rank of HSAV.TO is 9191
Omega Ratio Rank
The Calmar Ratio Rank of HSAV.TO is 9595
Calmar Ratio Rank
The Martin Ratio Rank of HSAV.TO is 8888
Martin Ratio Rank

SGOV
The Risk-Adjusted Performance Rank of SGOV is 100100
Overall Rank
The Sharpe Ratio Rank of SGOV is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of SGOV is 100100
Sortino Ratio Rank
The Omega Ratio Rank of SGOV is 100100
Omega Ratio Rank
The Calmar Ratio Rank of SGOV is 100100
Calmar Ratio Rank
The Martin Ratio Rank of SGOV is 100100
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HSAV.TO vs. SGOV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cash Maximizer Corporate Class ETF (HSAV.TO) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.


The current HSAV.TO Sharpe Ratio is 1.61, which is lower than the SGOV Sharpe Ratio of 21.63. The chart below compares the historical Sharpe Ratios of HSAV.TO and SGOV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

HSAV.TO vs. SGOV - Dividend Comparison

HSAV.TO has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 4.69%.


TTM20242023202220212020
HSAV.TO
Global X Cash Maximizer Corporate Class ETF
0.00%0.00%0.00%0.00%0.00%0.00%
SGOV
iShares 0-3 Month Treasury Bond ETF
4.69%5.10%4.87%1.45%0.03%0.05%

Drawdowns

HSAV.TO vs. SGOV - Drawdown Comparison

The maximum HSAV.TO drawdown since its inception was -2.18%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for HSAV.TO and SGOV.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

HSAV.TO vs. SGOV - Volatility Comparison

Global X Cash Maximizer Corporate Class ETF (HSAV.TO) has a higher volatility of 0.32% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that HSAV.TO's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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