INOD vs. ZSP.TO
Compare and contrast key facts about Innodata Inc. (INOD) 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: INOD or ZSP.TO.
Correlation
The correlation between INOD and ZSP.TO is 0.23, 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
INOD vs. ZSP.TO - Performance Comparison
Key characteristics
INOD:
2.87
ZSP.TO:
3.02
INOD:
3.69
ZSP.TO:
4.14
INOD:
1.50
ZSP.TO:
1.57
INOD:
6.08
ZSP.TO:
4.54
INOD:
14.77
ZSP.TO:
21.65
INOD:
25.47%
ZSP.TO:
1.62%
INOD:
131.26%
ZSP.TO:
11.61%
INOD:
-95.22%
ZSP.TO:
-26.94%
INOD:
-20.48%
ZSP.TO:
-1.87%
Returns By Period
In the year-to-date period, INOD achieves a -6.98% return, which is significantly lower than ZSP.TO's 0.73% return. Over the past 10 years, INOD has outperformed ZSP.TO with an annualized return of 29.73%, while ZSP.TO has yielded a comparatively lower 15.14% annualized return.
INOD
-6.98%
-3.97%
121.98%
388.18%
100.40%
29.73%
ZSP.TO
0.73%
-0.44%
12.37%
34.51%
16.33%
15.14%
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Risk-Adjusted Performance
INOD vs. ZSP.TO — Risk-Adjusted Performance Rank
INOD
ZSP.TO
INOD vs. ZSP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innodata Inc. (INOD) 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
INOD vs. ZSP.TO - Dividend Comparison
INOD has not paid dividends to shareholders, while ZSP.TO's dividend yield for the trailing twelve months is around 0.94%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INOD Innodata Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZSP.TO BMO S&P 500 Index ETF | 0.94% | 0.94% | 1.33% | 1.44% | 1.15% | 1.45% | 1.48% | 1.64% | 1.64% | 2.20% | 1.54% | 1.46% |
Drawdowns
INOD vs. ZSP.TO - Drawdown Comparison
The maximum INOD drawdown since its inception was -95.22%, 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 INOD and ZSP.TO. For additional features, visit the drawdowns tool.
Volatility
INOD vs. ZSP.TO - Volatility Comparison
Innodata Inc. (INOD) has a higher volatility of 34.37% compared to BMO S&P 500 Index ETF (ZSP.TO) at 4.67%. This indicates that INOD'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.