JAPN.TO vs. TECK-B.TO

Last updated Jul 25, 2026

JAPN.TO (CI WisdomTree Japan Equity Index ETF) is Japan Equities fund tracking the WisdomTree Japan Equity Index CAD, while TECK-B.TO (Teck Resources Limited) is a stock. Over the past 5 years, JAPN.TO returned 26.34%/yr vs 22.39%/yr for TECK-B.TO. At a 0.18 correlation, their price movements are largely independent.

Performance

JAPN.TO vs. TECK-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI WisdomTree Japan Equity Index ETF (JAPN.TO) and Teck Resources Limited (TECK-B.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JAPN.TO achieves a 22.91% return, which is significantly lower than TECK-B.TO's 29.66% return.

JAPN.TO

• 1D: 0.41%
• 1M: 3.00%
• 6M: 16.35%
• YTD: 22.91%
• 1Y: 45.60%
• 3Y*: 30.59%
• 5Y*: 26.34%
• 10Y*: —
• ALL TIME*: 17.30%

TECK-B.TO

• 1D: 0.99%
• 1M: 3.51%
• 6M: 16.82%
• YTD: 29.66%
• 1Y: 74.77%
• 3Y*: 14.92%
• 5Y*: 22.39%
• 10Y*: 17.46%
• ALL TIME*: 5.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JAPN.TO CI WisdomTree Japan Equity Index ETF	CA$98.10K	CA$113.38K	CA$108.33K
TECK-B.TO Teck Resources Limited	CA$82.83M	CA$84.50M	CA$91.91M

JAPN.TO vs. TECK-B.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JAPN.TO CI WisdomTree Japan Equity Index ETF	22.91%	30.67%	29.25%	35.51%	10.82%	16.05%	2.20%	16.56%	-17.12%
TECK-B.TO Teck Resources Limited	29.66%	13.74%	6.02%	9.22%	38.53%	39.67%	22.66%	-22.54%	-12.74%

Correlation

The correlation between JAPN.TO and TECK-B.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Aug 1, 2018	0.18

The correlation between JAPN.TO and TECK-B.TO shifts across timeframes, from 0.18 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JAPN.TO vs. TECK-B.TO — Risk / Return Rank

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

JAPN.TO

JAPN.TO Risk / Return Rank: 92
JAPN.TO Sharpe Ratio Rank: 94
JAPN.TO Sortino Ratio Rank: 93
JAPN.TO Omega Ratio Rank: 93
JAPN.TO Calmar Ratio Rank: 91
JAPN.TO Martin Ratio Rank: 91

TECK-B.TO

TECK-B.TO Risk / Return Rank: 86
TECK-B.TO Sharpe Ratio Rank: 88
TECK-B.TO Sortino Ratio Rank: 84
TECK-B.TO Omega Ratio Rank: 82
TECK-B.TO Calmar Ratio Rank: 87
TECK-B.TO Martin Ratio Rank: 90

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.

JAPN.TO vs. TECK-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI WisdomTree Japan Equity Index ETF (JAPN.TO) and Teck Resources Limited (TECK-B.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.

	JAPN.TO	TECK-B.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.54	1.62	+0.92
Sortino ratio: Return per unit of downside risk	3.41	2.20	+1.20
Omega ratio: Gain probability vs. loss probability	1.47	1.27	+0.20
Calmar ratio: Return relative to maximum drawdown	4.13	2.93	+1.20
Martin ratio: Return relative to average drawdown	15.15	9.19	+5.96

JAPN.TO vs. TECK-B.TO - Sharpe Ratio Comparison

The current JAPN.TO Sharpe Ratio is 2.54, which is higher than the TECK-B.TO Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of JAPN.TO and TECK-B.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

JAPN.TO vs. TECK-B.TO - Drawdown Comparison

The maximum JAPN.TO drawdown since its inception was -28.88%, smaller than the maximum TECK-B.TO drawdown of -92.82%. Use the drawdown chart below to compare losses from any high point for JAPN.TO and TECK-B.TO.

Drawdown Indicators

	JAPN.TO	TECK-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-28.88%	-92.82%	+63.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.09%	-25.62%	+14.53%
Max Drawdown (3Y) Largest decline over 3 years	-21.67%	-42.17%	+20.50%
Max Drawdown (5Y) Largest decline over 5 years	-21.67%	-59.45%	+37.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-72.02%	—
Current Drawdown Current decline from peak	-0.86%	-16.42%	+15.56%
Average Drawdown Average peak-to-trough decline	-5.94%	-42.86%	+36.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	8.33%	-5.30%

Volatility

JAPN.TO vs. TECK-B.TO - Volatility Comparison

The current volatility for CI WisdomTree Japan Equity Index ETF (JAPN.TO) is 4.85%, while Teck Resources Limited (TECK-B.TO) has a volatility of 13.35%. This indicates that JAPN.TO experiences smaller price fluctuations and is considered to be less risky than TECK-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAPN.TO	TECK-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	13.35%	-8.50%
Volatility (6M) Calculated over the trailing 6-month period	14.26%	36.90%	-22.64%
Volatility (1Y) Calculated over the trailing 1-year period	18.02%	47.14%	-29.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.15%	65.10%	-45.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.25%	59.51%	-40.26%

Dividends

JAPN.TO vs. TECK-B.TO - Dividend Comparison

JAPN.TO's dividend yield for the trailing twelve months is around 1.52%, more than TECK-B.TO's 0.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JAPN.TO CI WisdomTree Japan Equity Index ETF	1.52%	2.08%	1.58%	1.51%	2.59%	1.35%	1.36%	2.12%	0.62%	0.00%	0.00%	0.00%
TECK-B.TO Teck Resources Limited	0.59%	0.76%	1.71%	1.79%	1.93%	0.52%	0.73%	0.66%	0.51%	0.61%	0.32%	3.75%

Frequently Asked Questions

Can I hold both JAPN.TO and TECK-B.TO in my portfolio?

JAPN.TO and TECK-B.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.