LEAD.TO vs. EARN.TO
LEAD.TO (Evolve Future Leadership Fund) and EARN.TO (Evolve Active Global Fixed Income Fund) are both exchange-traded funds - LEAD.TO is a Global Equities fund actively managed by Evolve Funds Group Inc., while EARN.TO is a Global Corporate Bonds fund actively managed by Evolve Funds Group Inc.. Both are actively managed. Over the past 5 years, LEAD.TO returned 5.58%/yr vs 2.47%/yr for EARN.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
LEAD.TO vs. EARN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, LEAD.TO achieves a -4.13% return, which is significantly lower than EARN.TO's -1.84% return.
LEAD.TO
- 1D
- -1.14%
- 1M
- 1.87%
- 6M
- -0.68%
- YTD
- -4.13%
- 1Y
- -3.93%
- 3Y*
- 18.17%
- 5Y*
- 5.58%
- 10Y*
- —
- ALL TIME*
- 8.63%
EARN.TO
- 1D
- -0.33%
- 1M
- -0.44%
- 6M
- -1.08%
- YTD
- -1.84%
- 1Y
- 1.35%
- 3Y*
- 4.66%
- 5Y*
- 2.47%
- 10Y*
- —
- ALL TIME*
- 2.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$3.29K | CA$5.70K | CA$6.26K | |
| CA$5.33K | CA$6.18K | CA$7.84K |
LEAD.TO vs. EARN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LEAD.TO Evolve Future Leadership Fund | -4.13% | 12.13% | 38.23% | 34.98% | -34.79% | 14.98% | 7.95% |
EARN.TO Evolve Active Global Fixed Income Fund | -1.84% | 4.52% | 6.66% | 7.74% | -3.86% | 0.88% | 2.29% |
Correlation
The correlation between LEAD.TO and EARN.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2020 | 0.08 |
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Return for Risk
LEAD.TO vs. EARN.TO — Risk / Return Rank
LEAD.TO
EARN.TO
LEAD.TO vs. EARN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Future Leadership Fund (LEAD.TO) and Evolve Active Global Fixed Income Fund (EARN.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.
| LEAD.TO | EARN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.08 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 0.48 | -0.63 |
| Martin ratioReturn relative to average drawdown | -0.33 | 1.16 | -1.48 |
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Drawdowns
LEAD.TO vs. EARN.TO - Drawdown Comparison
The maximum LEAD.TO drawdown since its inception was -39.80%, which is greater than EARN.TO's maximum drawdown of -15.52%. Use the drawdown chart below to compare losses from any high point for LEAD.TO and EARN.TO.
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Drawdown Indicators
| LEAD.TO | EARN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.80% | -15.52% | -24.28% |
Max Drawdown (1Y)Largest decline over 1 year | -22.65% | -2.81% | -19.84% |
Max Drawdown (3Y)Largest decline over 3 years | -22.65% | -2.81% | -19.84% |
Max Drawdown (5Y)Largest decline over 5 years | -39.80% | -7.96% | -31.84% |
Current DrawdownCurrent decline from peak | -9.30% | -1.84% | -7.46% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -1.65% | -12.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.12% | 1.17% | +8.95% |
Volatility
LEAD.TO vs. EARN.TO - Volatility Comparison
Evolve Future Leadership Fund (LEAD.TO) has a higher volatility of 5.40% compared to Evolve Active Global Fixed Income Fund (EARN.TO) at 0.69%. This indicates that LEAD.TO's price experiences larger fluctuations and is considered to be riskier than EARN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEAD.TO | EARN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 0.69% | +4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 14.99% | 2.10% | +12.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 3.14% | +15.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.80% | 3.76% | +18.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.02% | 4.66% | +16.36% |
Dividends
LEAD.TO vs. EARN.TO - Dividend Comparison
LEAD.TO's dividend yield for the trailing twelve months is around 11.67%, more than EARN.TO's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EARN.TO Evolve Active Global Fixed Income Fund | 3.88% | 3.61% | 3.51% | 3.14% | 3.28% | 3.05% | 2.99% | 2.68% | 0.27% |
LEAD.TO Evolve Future Leadership Fund | 11.67% | 9.21% | 5.84% | 7.25% | 9.02% | 5.44% | 1.48% | 0.00% | 0.00% |
Frequently Asked Questions
LEAD.TO and EARN.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LEAD.TO is categorized as Global Equities, while EARN.TO is Global Corporate Bonds.
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