MSA.TO vs. ^SPTSX60

Last updated Apr 3, 2026

Compare and contrast key facts about Mineros S.A. (MSA.TO) and S&P/TSX 60 Index (^SPTSX60).

Performance

MSA.TO vs. ^SPTSX60 - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Mineros S.A. (MSA.TO) and S&P/TSX 60 Index (^SPTSX60). The values are adjusted to include any dividend payments, if applicable.

MSA.TO vs. ^SPTSX60 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MSA.TO Mineros S.A.	-10.97%	300.29%	159.66%	7.19%	-31.80%	-0.88%
^SPTSX60 S&P/TSX 60 Index	3.43%	25.48%	17.19%	8.21%	-9.17%	-1.02%

Returns By Period

In the year-to-date period, MSA.TO achieves a -10.97% return, which is significantly lower than ^SPTSX60's 3.43% return.

MSA.TO

• 1D: -2.16%
• 1M: -24.32%
• YTD: -10.97%
• 6M: 9.86%
• 1Y: 133.05%
• 3Y*: 115.96%
• 5Y*: —
• 10Y*: —

^SPTSX60

• 1D: 0.53%
• 1M: -1.40%
• YTD: 3.43%
• 6M: 8.25%
• 1Y: 26.52%
• 3Y*: 16.43%
• 5Y*: 11.17%
• 10Y*: 9.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MSA.TO vs. ^SPTSX60 — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSA.TO

MSA.TO Risk / Return Rank: 88
MSA.TO Sharpe Ratio Rank: 93
MSA.TO Sortino Ratio Rank: 87
MSA.TO Omega Ratio Rank: 86
MSA.TO Calmar Ratio Rank: 84
MSA.TO Martin Ratio Rank: 89

^SPTSX60

^SPTSX60 Risk / Return Rank: 90
^SPTSX60 Sharpe Ratio Rank: 91
^SPTSX60 Sortino Ratio Rank: 91
^SPTSX60 Omega Ratio Rank: 93
^SPTSX60 Calmar Ratio Rank: 86
^SPTSX60 Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSA.TO vs. ^SPTSX60 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mineros S.A. (MSA.TO) and S&P/TSX 60 Index (^SPTSX60). 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.

	MSA.TO	^SPTSX60	Difference
Sharpe ratio Return per unit of total volatility	2.39	1.84	+0.55
Sortino ratio Return per unit of downside risk	2.68	2.42	+0.26
Omega ratio Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio Return relative to maximum drawdown	3.00	2.60	+0.40
Martin ratio Return relative to average drawdown	11.25	12.28	-1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSA.TO vs. ^SPTSX60 - Sharpe Ratio Comparison

The current MSA.TO Sharpe Ratio is 2.39, which is comparable to the ^SPTSX60 Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of MSA.TO and ^SPTSX60, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSA.TO	^SPTSX60	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	1.84	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.35	+0.69

Correlation

The correlation between MSA.TO and ^SPTSX60 is 0.21, 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.

Drawdowns

MSA.TO vs. ^SPTSX60 - Drawdown Comparison

The maximum MSA.TO drawdown since its inception was -49.75%, smaller than the maximum ^SPTSX60 drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for MSA.TO and ^SPTSX60.

Drawdown Indicators

	MSA.TO	^SPTSX60	Difference
Max Drawdown Largest peak-to-trough decline	-49.75%	-54.11%	+4.36%
Max Drawdown (1Y) Largest decline over 1 year	-40.74%	-7.74%	-33.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-34.13%	-3.15%	-30.98%
Average Drawdown Average peak-to-trough decline	-18.55%	-13.96%	-4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.86%	2.28%	+8.58%

Volatility

MSA.TO vs. ^SPTSX60 - Volatility Comparison

Mineros S.A. (MSA.TO) has a higher volatility of 19.18% compared to S&P/TSX 60 Index (^SPTSX60) at 4.99%. This indicates that MSA.TO's price experiences larger fluctuations and is considered to be riskier than ^SPTSX60 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSA.TO	^SPTSX60	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.18%	4.99%	+14.19%
Volatility (6M) Calculated over the trailing 6-month period	44.45%	9.79%	+34.66%
Volatility (1Y) Calculated over the trailing 1-year period	56.13%	14.48%	+41.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.95%	12.69%	+40.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.95%	15.09%	+37.86%