LIFE.TO vs. PRM.TO
Compare and contrast key facts about Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Big Pharma Split Corp. (PRM.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIFE.TO or PRM.TO.
Key characteristics
| LIFE.TO | PRM.TO | |
|---|---|---|
| YTD Return | 12.59% | 13.17% |
| 1Y Return | 14.19% | 9.68% |
| 3Y Return (Ann) | 7.38% | 11.93% |
| 5Y Return (Ann) | 10.55% | 14.85% |
| Sharpe Ratio | 1.47 | 0.49 |
| Daily Std Dev | 9.82% | 18.47% |
| Max Drawdown | -20.04% | -41.69% |
| Current Drawdown | -1.56% | -1.03% |
Correlation
The correlation between LIFE.TO and PRM.TO is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LIFE.TO vs. PRM.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with LIFE.TO having a 12.59% return and PRM.TO slightly higher at 13.17%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
LIFE.TO vs. PRM.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Big Pharma Split Corp. (PRM.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
LIFE.TO vs. PRM.TO - Dividend Comparison
LIFE.TO's dividend yield for the trailing twelve months is around 7.15%, less than PRM.TO's 8.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 7.15% | 9.24% | 8.20% | 6.46% | 7.09% | 2,839,567.87% | 6,633,719.19% | 0.00% |
PRM.TO Big Pharma Split Corp. | 8.97% | 9.00% | 8.49% | 13.31% | 9.23% | 8.81% | 9.99% | 0.73% |
Drawdowns
LIFE.TO vs. PRM.TO - Drawdown Comparison
The maximum LIFE.TO drawdown since its inception was -20.04%, smaller than the maximum PRM.TO drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for LIFE.TO and PRM.TO. For additional features, visit the drawdowns tool.
Volatility
LIFE.TO vs. PRM.TO - Volatility Comparison
The current volatility for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) is 2.73%, while Big Pharma Split Corp. (PRM.TO) has a volatility of 4.22%. This indicates that LIFE.TO experiences smaller price fluctuations and is considered to be less risky than PRM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.