LSPD.TO vs. ^TNX
LSPD.TO (Lightspeed Commerce Inc.) is a stock, while ^TNX (Cboe 10-Year Treasury Note Yield Index) is an index. Over the past 5 years, LSPD.TO returned -32.49%/yr vs 31.77%/yr for ^TNX. At a correlation of -0.01, they often move in opposite directions.
Performance
LSPD.TO vs. ^TNX - Performance Comparison
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Different Trading Currencies
LSPD.TO is traded in CAD, while ^TNX is traded in USD. To make them comparable, the ^TNX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LSPD.TO achieves a -11.78% return, which is significantly lower than ^TNX's 13.07% return.
LSPD.TO
- 1D
- 0.41%
- 1M
- 9.93%
- 6M
- -8.80%
- YTD
- -11.78%
- 1Y
- -15.21%
- 3Y*
- -14.26%
- 5Y*
- -32.49%
- 10Y*
- —
- ALL TIME*
- -2.87%
^TNX
- 1D
- 1.13%
- 1M
- 2.71%
- 6M
- 9.70%
- YTD
- 13.07%
- 1Y
- 5.88%
- 3Y*
- 8.44%
- 5Y*
- 31.77%
- 10Y*
- 12.12%
- ALL TIME*
- 0.48%
LSPD.TO vs. ^TNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LSPD.TO Lightspeed Commerce Inc. | -11.78% | -24.45% | -21.21% | 43.77% | -62.12% | -43.14% | 149.07% | 99.28% |
^TNX Cboe 10-Year Treasury Note Yield Index | 13.07% | -13.12% | 28.30% | -2.71% | 172.80% | 64.80% | -53.35% | -29.27% |
Correlation
The correlation between LSPD.TO and ^TNX is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | -0.01 |
The correlation between LSPD.TO and ^TNX shifts across timeframes, from -0.15 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LSPD.TO vs. ^TNX — Risk / Return Rank
LSPD.TO
^TNX
LSPD.TO vs. ^TNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lightspeed Commerce Inc. (LSPD.TO) and Cboe 10-Year Treasury Note Yield Index (^TNX). 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.
| LSPD.TO | ^TNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.07 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 0.56 | -0.95 |
| Martin ratioReturn relative to average drawdown | -0.64 | 1.23 | -1.87 |
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Drawdowns
LSPD.TO vs. ^TNX - Drawdown Comparison
The maximum LSPD.TO drawdown since its inception was -92.97%, roughly equal to the maximum ^TNX drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for LSPD.TO and ^TNX.
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Drawdown Indicators
| LSPD.TO | ^TNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.97% | -89.94% | -3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -39.25% | -10.53% | -28.72% |
Max Drawdown (3Y)Largest decline over 3 years | -59.90% | -28.13% | -31.77% |
Max Drawdown (5Y)Largest decline over 5 years | -92.97% | -28.13% | -64.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.97% | — |
Current DrawdownCurrent decline from peak | -90.81% | -6.90% | -83.91% |
Average DrawdownAverage peak-to-trough decline | -61.37% | -44.63% | -16.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.75% | 5.15% | +18.60% |
Volatility
LSPD.TO vs. ^TNX - Volatility Comparison
Lightspeed Commerce Inc. (LSPD.TO) has a higher volatility of 11.19% compared to Cboe 10-Year Treasury Note Yield Index (^TNX) at 4.38%. This indicates that LSPD.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSPD.TO | ^TNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.19% | 4.38% | +6.81% |
Volatility (6M)Calculated over the trailing 6-month period | 28.96% | 11.80% | +17.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.46% | 15.46% | +26.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.24% | 32.06% | +27.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.20% | 48.34% | +18.86% |
Frequently Asked Questions
LSPD.TO and ^TNX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for LSPD.TO and ^TNX
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