LBS.TO vs. CDAY.NEO
LBS.TO (Life & Banc Split Corp.) is a stock, while CDAY.NEO (Hamilton Enhanced Canadian Equity DayMAX ETF) is Derivative Income fund actively managed by Hamilton Capital. Over the past year, LBS.TO returned 157.83% vs 34.20% for CDAY.NEO. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
LBS.TO vs. CDAY.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, LBS.TO achieves a 95.49% return, which is significantly higher than CDAY.NEO's 17.39% return.
LBS.TO
- 1D
- -2.55%
- 1M
- 13.45%
- 6M
- 94.44%
- YTD
- 95.49%
- 1Y
- 157.83%
- 3Y*
- 61.18%
- 5Y*
- 40.70%
- 10Y*
- 30.10%
- ALL TIME*
- 19.94%
CDAY.NEO
- 1D
- -1.15%
- 1M
- 2.31%
- 6M
- 13.11%
- YTD
- 17.39%
- 1Y
- 34.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 32.44%
LBS.TO vs. CDAY.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LBS.TO Life & Banc Split Corp. | 95.49% | 33.83% |
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF | 17.39% | 13.23% |
Correlation
The correlation between LBS.TO and CDAY.NEO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.52 |
The correlation between LBS.TO and CDAY.NEO has been stable across timeframes, ranging from 0.52 to 0.53 - a consistent structural relationship.
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Return for Risk
LBS.TO vs. CDAY.NEO — Risk / Return Rank
LBS.TO
CDAY.NEO
LBS.TO vs. CDAY.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Life & Banc Split Corp. (LBS.TO) and Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO). 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.
| LBS.TO | CDAY.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 1.50 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 6.25 | 3.58 | +2.67 |
| Martin ratioReturn relative to average drawdown | 27.62 | 16.08 | +11.54 |
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Drawdowns
LBS.TO vs. CDAY.NEO - Drawdown Comparison
The maximum LBS.TO drawdown since its inception was -83.14%, which is greater than CDAY.NEO's maximum drawdown of -9.65%. Use the drawdown chart below to compare losses from any high point for LBS.TO and CDAY.NEO.
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Drawdown Indicators
| LBS.TO | CDAY.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.14% | -9.65% | -73.49% |
Max Drawdown (1Y)Largest decline over 1 year | -25.43% | -9.65% | -15.78% |
Max Drawdown (3Y)Largest decline over 3 years | -34.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.25% | — | — |
Current DrawdownCurrent decline from peak | -2.55% | -1.54% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -11.75% | -1.22% | -10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.74% | 2.14% | +3.60% |
Volatility
LBS.TO vs. CDAY.NEO - Volatility Comparison
Life & Banc Split Corp. (LBS.TO) has a higher volatility of 12.82% compared to Hamilton Enhanced Canadian Equity DayMAX ETF (CDAY.NEO) at 2.78%. This indicates that LBS.TO's price experiences larger fluctuations and is considered to be riskier than CDAY.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LBS.TO | CDAY.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.82% | 2.78% | +10.04% |
Volatility (6M)Calculated over the trailing 6-month period | 42.23% | 10.85% | +31.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.32% | 12.68% | +32.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.42% | 12.70% | +17.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.23% | 12.70% | +26.53% |
Dividends
LBS.TO vs. CDAY.NEO - Dividend Comparison
LBS.TO's dividend yield for the trailing twelve months is around 7.32%, less than CDAY.NEO's 14.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDAY.NEO Hamilton Enhanced Canadian Equity DayMAX ETF | 14.99% | 7.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LBS.TO Life & Banc Split Corp. | 7.32% | 12.92% | 17.12% | 19.61% | 17.88% | 15.33% | 7.16% | 19.39% | 23.12% | 15.52% | 15.92% | 19.20% |
Frequently Asked Questions
LBS.TO and CDAY.NEO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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