LGD.TO vs. CGW
Compare and contrast key facts about Liberty Gold Corp. (LGD.TO) and Invesco S&P Global Water Index ETF (CGW).
CGW is a passively managed fund by Invesco that tracks the performance of the S&P Global Water Index. It was launched on May 14, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGD.TO or CGW.
Correlation
The correlation between LGD.TO and CGW is 0.18, 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
LGD.TO vs. CGW - Performance Comparison
Key characteristics
LGD.TO:
0.65
CGW:
0.65
LGD.TO:
1.36
CGW:
0.99
LGD.TO:
1.17
CGW:
1.12
LGD.TO:
0.47
CGW:
0.64
LGD.TO:
2.26
CGW:
1.82
LGD.TO:
19.33%
CGW:
4.94%
LGD.TO:
67.74%
CGW:
13.73%
LGD.TO:
-93.45%
CGW:
-57.24%
LGD.TO:
-90.17%
CGW:
-7.77%
Returns By Period
In the year-to-date period, LGD.TO achieves a 32.69% return, which is significantly higher than CGW's 3.15% return. Over the past 10 years, LGD.TO has underperformed CGW with an annualized return of -10.91%, while CGW has yielded a comparatively higher 8.82% annualized return.
LGD.TO
32.69%
23.21%
-6.76%
50.00%
-22.78%
-10.91%
CGW
3.15%
3.98%
-3.38%
5.84%
6.63%
8.82%
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Risk-Adjusted Performance
LGD.TO vs. CGW — Risk-Adjusted Performance Rank
LGD.TO
CGW
LGD.TO vs. CGW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty Gold Corp. (LGD.TO) and Invesco S&P Global Water Index ETF (CGW). 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
LGD.TO vs. CGW - Dividend Comparison
LGD.TO has not paid dividends to shareholders, while CGW's dividend yield for the trailing twelve months is around 0.95%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGD.TO Liberty Gold Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CGW Invesco S&P Global Water Index ETF | 0.95% | 0.98% | 1.55% | 1.45% | 1.59% | 1.41% | 1.48% | 2.14% | 1.71% | 1.65% | 1.67% | 1.77% |
Drawdowns
LGD.TO vs. CGW - Drawdown Comparison
The maximum LGD.TO drawdown since its inception was -93.45%, which is greater than CGW's maximum drawdown of -57.24%. Use the drawdown chart below to compare losses from any high point for LGD.TO and CGW. For additional features, visit the drawdowns tool.
Volatility
LGD.TO vs. CGW - Volatility Comparison
Liberty Gold Corp. (LGD.TO) has a higher volatility of 20.96% compared to Invesco S&P Global Water Index ETF (CGW) at 3.70%. This indicates that LGD.TO's price experiences larger fluctuations and is considered to be riskier than CGW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.